> Is there something I'm missing? I think you are missing the feeling of getting "financial cancer" or in a "financial car crash", like this very unexpected th

> Is there something I'm missing? I think you are missing the feeling of getting "financial cancer" or in a "financial car crash", like this very unexpected thing that sometimes happen to people where there's a huge global financial crisis, or they get scammed millions. The fear of that happening makes you do higher risk bets to maybe "just jump a little bit higher just in case and of course it may be the chance of my lifetime...". In the realm of those bets is sometimes where the actual crisis happen so it's kind of a vicious circle and very hard to break. Of course if all high risk high reward bets where guaranteed not to ever send the rest of the world crashing a burning it would be a virtuous circle, but history proves it's not the case so the fear of this financially crippling event still lingers.