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On crypto.

There is an old adage in investment circles that when you hear people on elevators discussing hot stocks, a crash is around the corner. My version of this was hearing the manager of a cigar shop discussing with one of his customers, a guy who knew zilch about investing, risk, etc., his great crypto investment, great in the sense that he'd bought in at a super-low price and if it just went to $X, he'd be rich, The customer was mesmerized, eager to learn more. Scary.

[aeon.co]

#Investing #Stocks
Mitch07102 8 Feb 10
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In my view crypto is gypto. When America starts using it I might change my mind. Crypto is like a chain letter.

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