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I want my 401k money now!!!
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<blockquote data-quote="Brownslave688" data-source="post: 3476138" data-attributes="member: 34439"><p>Few points I can't take even remotely serious. Crypto is a fad and it'll be regulated and fail.</p><p></p><p>You know regulation is a good thing in the long run right? It legitimizes the product.</p><p></p><p>The internet was a fad too.</p><p></p><p></p><p>Yes investing in quality stocks over a long career will increase your wealth and that's great but you're never gonna hit it big.</p><p></p><p></p><p></p><p>All it is is risk aversion. Some are willing to take that 5k and put it into crypto because in 3 months it could be 50k. It doesn't make them dumb. Just means they are willing to take more risk.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3476138, member: 34439"] Few points I can't take even remotely serious. Crypto is a fad and it'll be regulated and fail. You know regulation is a good thing in the long run right? It legitimizes the product. The internet was a fad too. Yes investing in quality stocks over a long career will increase your wealth and that's great but you're never gonna hit it big. All it is is risk aversion. Some are willing to take that 5k and put it into crypto because in 3 months it could be 50k. It doesn't make them dumb. Just means they are willing to take more risk. [/QUOTE]
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