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> asked about their personal investments, 40% of the investors said they were active in cryptocurrencies. Seems there's quite a big disconnect with what invest
by fvdessen 5y ago
> asked about their personal investments, 40% of the investors said they were active in cryptocurrencies.
Seems there's quite a big disconnect with what investors do with their own vs institutional money
- ForHackernews 5y agoIf you want to gamble with your own money, that's your business. Don't gamble with the firm's money.
- the_lonely_road 5y agoAs there should be! I have no problem with you taking 10% of your net worth and betting it on moonshots. Hell if you really want to drop 100% in (I have some extended network folks that did) then go for it, as long as you know what you are doing. But my 401K? Bitch please. Thats not a moonshot. I'm not trying to get rich and sip pina coladas on the beach. I'm trying to make sure I'm not homeless from 60 to dead when I can't produce. I want slow, steady, measured returns. I don't care that I missed out on the 1 in 10 moonshots as long as I also missed out on the 9 in 10 rug pulls.
- herodoturtle 5y ago> I don't care that I missed out on the 1 in 10 moonshots as long as I also missed out on the 9 in 10 rug pulls. Man that was well put. Saving that.
- pydry 5y agoActive doesn't mean long term long.