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<blockquote data-quote="Macbrother" data-source="post: 4738130" data-attributes="member: 42759"><p>Buying an asset because you hope you can sell it for more, later: Speculation</p><p>Buying an asset to get a share of future profits: Investment. </p><p></p><p>I tend to stick with the latter, though I can't deny the feeling of FOMO when others get fabulously wealthy. People smarter than me are convinced it will be double the market value of gold in 10 years (i.e., $1 million+ per bitcoin), also people smarter than me are convinced it will go the way of tulip mania. Anyone have a crystal ball laying around?</p></blockquote><p></p>
[QUOTE="Macbrother, post: 4738130, member: 42759"] Buying an asset because you hope you can sell it for more, later: Speculation Buying an asset to get a share of future profits: Investment. I tend to stick with the latter, though I can't deny the feeling of FOMO when others get fabulously wealthy. People smarter than me are convinced it will be double the market value of gold in 10 years (i.e., $1 million+ per bitcoin), also people smarter than me are convinced it will go the way of tulip mania. Anyone have a crystal ball laying around? [/QUOTE]
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