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I find that the only 'drawback' is that it is not sexy. When people have talks about what they are going to buy or how much they have made buying and selling bi

I find that the only 'drawback' is that it is not sexy. When people have talks about what they are going to buy or how much they have made buying and selling bitcoins last week you can't really take part of the conversation.

keithwhor 6y ago
If you find friends with more interesting things to talk about it'll improve your quality of life more than buying and selling bitcoin.
meowzero 6y ago
I dunno. It depends on your view. I wasted so much time looking at charts, studying, and stressing out over the market. The passive strategy gave a lot of free time to do other stuff. And I have on fewer thing to worry about. Also, even with my passive strategy, I still have fun talks of my investments with friends. It's more talks about general trends and what companies I'm looking to hold for a long time.
somedudetbh 6y ago
Locally, that's a drawback. Globally, the unsexyness of passive index investing is the best thing about it. A huge percentage of the angel / seed / FFF capital in the world comes from bored people who don't want to talk about their Vanguard Target Retirement 2050 investment and so put 10% of their portfolio into crazy startups that will sound impressive to their friends. Consequently, for the posters on this site, the boringness of passive investing is a huge creator of jobs and opportunities for us!
rufus_foreman 6y ago
Of course you can, you ask them what you should buy and how to get in on the action and hilarity ensues.