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> lack better alternatives What?! Wow, this is a painfully misinformed statement. Like, so misinformed I want to hug you. Index funds have consistently beate

• noxer 6y ago
  You just assume people want low risk low reward. But you are wrong. Id rather put 10% of my saving into high risk and high reward and keep the rest at low risk basically no reward. The 10% at high risk is either going to zero or its going to be worth as much as the rest. P good dead if you ask me. If you have +1000% on the 10% you doubled your savings. There is no way you could double your savings with index funds or something similar. At lest not in the time span crypto could (around 4 year bull/bear cycles) You can call it gambling if you want but its actually cleverer and the chance of winning isn't like with gambling allays lower than 50% its simply unknown but you can manage it by how much you bet on high risk.