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> Crypto is performing far worse than even the riskiest decile of the stock market. Which should surprise nobody. > This is not true. The riskiest stocks are d
by greatwave1 4y ago
> Crypto is performing far worse than even the riskiest decile of the stock market. Which should surprise nobody.
> This is not true. The riskiest stocks are down thousands of %.
I mean, sure looks like you were trying to argue that crypto isn't performing worse than the riskiest decile of the stock market, which just isn't true at all.
- nightski 4y agoIt is though. There are plenty of growth stocks down 80%. Many of which were being pushed heavily by the Youtube finance crowd. The same ones peddling FTX (cough)...
- greatwave1 4y agoJust because you can find some individual stocks that are down 80% (and keeping in mind that 80% != thousands lol), doesn’t mean that the most volatile decile of the stock market hasn’t outperformed crypto. The iShares Small Cap Growth ETF (which is a probably a decent proxy for the most volatile companies in the market) is only down 13% on the year.