Re:Personal finance experts don’t get wealthy by following t...
by pushrax on Sunday August 29, 2021 @12:23PM
(#28348040)
The variance in potential outcomes of holding VOO is much, much lower than the variance of holding crypto.
Buying VOO buys a share of the profits of the work of many millions of people. It also speculates that other people will continue to want to buy those profits.
Buying a token only speculates that more people will want to buy that particular token. It's much harder to project that people will continue to want it.
Buying VOO buys a share of the profits of the work of many millions of people. It also speculates that other people will continue to want to buy those profits.
Buying a token only speculates that more people will want to buy that particular token. It's much harder to project that people will continue to want it.