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A comment on After the Bitcoin Boom: Hard Lessons for Cryptocurrency Investors. Parent comment

Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by JumpCrisscross on Tuesday August 21, 2018 @04:03PM (#17813212)
> Then why do people say "invest in the stock market for the long run by buying an index fund?"

Because the American economy has historically grown. Buying an index of Austrian stocks on the eve of WWI would have been about as effective as buying cryptocurrencies.

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Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by oleganza on Wednesday August 22, 2018 @07:56PM (#17823327)
Considering that US is getting into debt on an accelerated schedule and runs wars all over the world non-stop since WW2, and has biggest military budget, and otherwise resembles the roman empire at its peak, do you think that musical chairs game will never end?
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Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by SilasX on Tuesday August 21, 2018 @07:09PM (#17814703)
IOW, taking past performance as indicative of future returns.
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