Rat poison squared!
Posted on 02/14/2022 11:42:07 AM PST by SaxxonWoods
Sixty-eight percent of “fund selectors” don’t think individuals should have access to cryptocurrency, according to a Natixis Investment Managers survey. Fund selectors oversee the investments available to customers at brokerage houses, financial advisory shops, private banks and other firms. The popularity of bitcoin, ethereum and other digital coins has grown significantly over the past year or so.
(Excerpt) Read more at cnbc.com ...
What the heck are you saying?
So you basically agree these “fund selectors”?
There’s more than a little whiff of Ponzi in all of crypto.
think don’t think clients should ... take a headline writing class...
When I don't understand something..I don't trade it.
Re: Crpto crap....
Clark Howard says unless you can stand to lose everything you have in crypto stay away.....that’s all I needed to hear.
Having said that, there’s some people who really believe it’s the future.
Extra credit to anyone who can decipher the title and translate it from pig Latin to English.
“69% of Investment Execs don’t have an approved investment vehicle for making a commission on Crypto yet”
Clicking the link does not show that title. Not sure if they changed it after the user posted or not.
Cryptocurrency is not an investment.
It’s a speculation.
And generally speaking, buying into a speculation after years of rapid growth is exactly wrong.
I’ve seen claims that Bitcoin is going to see 2000% growth.
I don’t see that happening unless we see significant economic collapse and hyperinflation.
And that may be the crux. Crypto may make sense as an inflation hedge.
“think don’t think clients should ... take a headline writing class...”
Obviously you never clicked on the article ...
“So you basically agree these “fund selectors”?”
No, I have no opinion on their opinion, it’s too likely to be tainted by the fact they want to move as much money out of their clients’ pockets and into their pockets as possible (that’s their job, after all).
I’m curious to hear what crypto investors think about crypto so I posted this for them to see and comment on.
Story title is about as clear as what crypto is all about.
Corporations are signaling that Biden and his socio-fascists will control and destroy crypto currency.
You don’t understand it if that’s what you think. Go back and learn.
I think the article says 68% of investment executives think people SHOULDN’T have access to cryptocurrency.
Then deeper in the article it talks about fiduciary responsibility of investment professionals. In this case cryptocurrencies are not transparent enough to recommend.
It’s not clear if the majority say it should be illegal to invest in cryptocurrency or that financial professionals should not be advising people on investing in them.
The article should (but doesn’t) state the exact question asked in the survey; for statistical accuracy this point is critical.
“What the heck are you saying?”
That I am pretty ignorant when it comes to crypto and I’m curious how crypto investors approach investing in it so here’s their chance to talk about it.
I’m just starting to learn about it.
Rat poison squared!
Yes indeed.
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