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IronLionZion

(50,989 posts)

19. Don't invest in anything you don't understand

Reply to Historic NY (Reply #3)

Mon Nov 28, 2022, 04:03 PM

Nov 2022

I don't have any interest in digital currencies. It's inherent volatility in valuation make it unsuitable to use for purchasing anything.

There are explainers online from reputable sources if you're genuinely interested in how it works. You're not missing out.

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Crypto lender BlockFi files for bankruptcy, cites FTX exposure [View all] BumRushDaShow Nov 2022 OP

At least when the tulip market went bust they could plant nice gardens. Ocelot II Nov 2022 #1

Ponzi scheme yankee87 Nov 2022 #2

I still can't quite figure out how by manulipating a computer you can create a thing Historic NY Nov 2022 #3

Deep Matrix stuff. sarcasmo Nov 2022 #4

Fan boys of tech are easily conned. zuul Nov 2022 #7

That is how software is created. OneCrazyDiamond Nov 2022 #12

Don't invest in anything you don't understand IronLionZion Nov 2022 #19

I remember reading a lot of tales of whoa from the Dot Com Bust Kennah Nov 2022 #21

Rename it "crapto". justhanginon Nov 2022 #5

Righyou are 3auld6phart Nov 2022 #11

Without "Full faith and credit" of the US...it's all unstable. ashredux Nov 2022 #6

Exactly! John Ludi Nov 2022 #8

And, That Base Of The Nation... ProfessorGAC Nov 2022 #16

Yep. John Ludi Dec 2022 #22

Oh damn, Tsk Tsk republianmushroom Nov 2022 #9

If your money is legally earned, you have no reason to waste it in cryptocurrencies FakeNoose Nov 2022 #10

Message auto-removed Name removed Nov 2022 #13

It looks like this latest financial calamity will be most remembered by crypto collapse Renew Deal Nov 2022 #14

In the early days I was ridiculed more than once for my views on crypto, right here on DU Orrex Nov 2022 #15

Faux Snooze sez it's all the fault of Democrats! No kidding, Joe needs to investigated and jailed! machoneman Nov 2022 #17

Raw greed is what drove this whole animal. What gets me the most is where were all of the checks SWBTATTReg Nov 2022 #18

They don't want laws that make it difficult to steal from the pubic SouthernDem4ever Nov 2022 #20