> Someone speculating in an unregulated asset that's seen massive growth in the past year should have no expectation of not being on the bad side of a trade.
And yet some people dump their life savings into it.
Re:The Limits to Blockchain Scalability
by MomoXenosaga on Monday May 24, 2021 @05:55AM
(#27262595)
Crypto adherents generally don't study history. I remember when in the late 90s everyone was investing in the stock market bubble. Some people made big but most were left holding the bag. None of this is new.
Clearly. Watch the price after Musk's announcements.
> fleece unsophisticated investors
Someone speculating in an unregulated asset that's seen massive growth in the past year should have no expectation of not being on the bad side of a trade.