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I’ve considered this latest techno-gamble and it probably is ‘high risk investing’ but isn’t it all if you go all in on anything? With money you cannot afford to gamble with? I think RISK is relative. If you have money to burn on crypto, it’s low risk. If you don’t, it’s high risk.
Who would have thought GM could have tanked in 2008-9? There are some good arguments here about tangibles and the real worth and value of the dollar vs crypto.
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“I don’t want to belong to any club that would have me as a member.” - Groucho Marx
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