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That seems dangerous akin to ‘08. Crypto in general isn’t being used for much relative to its current hypothetical value. It’s being propped up by a few huge i
by debt 9y ago
That seems dangerous akin to ‘08. Crypto in general isn’t being used for much relative to its current hypothetical value.
It’s being propped up by a few huge investors. Once those investors have tripled their investment and grown bored speculating, they’ll move on, and there’ll be a run on crypto driving its value through the floor.
So any exposure through retirement accounts or other investment products seems really dangerous.
But idk
- pilsetnieks 9y ago> Once those investors have tripled their investment and grown bored speculating Can you point out to any example in history where an institutional investor has gotten out of investing because they have grown bored, and the profits they have are enough for them?
- debt 9y agono but I imagine large funds change investments many times over their lifetime particularly in its riskier allocations. funds are usually made up of larger contributors so while idk of an investor that’s grown bored there are plenty of examples of funds offloading investments for other financial products