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The study finds that "majority of people who invest in crypto inevitably lose money", but the article puts "Bitcoin" in title to mislead the readers. So: Do p
by stickac 4y ago
The study finds that "majority of people who invest in crypto inevitably lose money", but the article puts "Bitcoin" in title to mislead the readers.
So:
Do people lose money when they invest into crypto? Yes.
Do people lose money when they invest into Bitcoin? No (if their timespan is 5+ years).
- cuteboy19 4y agoThe problem is that exponentially fewer people qualify the latter condition. Put it another way, for Bitcoin to retain its price, an exponentially increasingly number of people need to invest in it. Such a structure, when graphed, looks very similar to a certain geometric shape