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I agree that I think crypto is pretty much dead in the water, but comparing it's volatility to the stock market as a whole is kind of silly. Sure, if the S&P/D
by superfrank 8y ago
I agree that I think crypto is pretty much dead in the water, but comparing it's volatility to the stock market as a whole is kind of silly.
Sure, if the S&P/Dow/Nasdaq fell 75% people would be jumping out the window, but it's also never risen 300% in a few months like crypto did.
Crypto needs to be evaluated against other speculative investments and not against a long term vehicle like a major index.
- jki275 8y ago300? Try 2000%, not 300%. High volatility makes people rich -- that's the attraction. It also makes people poor.