This guy is (or was) the 2nd highest political donor to Dems, behind only George Soros, and his $24 Billion fortune vanished overnight, leaving democrats scrambling to cover the expenses he had promised to cover. Typical democrat. “All hat, no cattle”.
I cannot feel sorry for someone that is too stupid to think about their investments.
It’s called diversification. If someone is stupid enough to put all their money into one pot and it’s shaky as h@ll they are to blame.
The media has been pushing crypto as such an awesome thing, however most financial advisers I’ve read or listened to advised to stay as far away from this as possible. For just this reason.
FJB Premium Member over 1 year ago
This guy is (or was) the 2nd highest political donor to Dems, behind only George Soros, and his $24 Billion fortune vanished overnight, leaving democrats scrambling to cover the expenses he had promised to cover. Typical democrat. “All hat, no cattle”.
Dirtfarmer over 1 year ago
Crypto is fiat currency. Fiat currency only has value when people trust it. This sort of thing is not likely to encourage trust.
Of course the dollar is also fiat currency, but it has worldwide trust (based on history).
"It's the End of the World!!!" Premium Member over 1 year ago
I cannot feel sorry for someone that is too stupid to think about their investments.
It’s called diversification. If someone is stupid enough to put all their money into one pot and it’s shaky as h@ll they are to blame.
The media has been pushing crypto as such an awesome thing, however most financial advisers I’ve read or listened to advised to stay as far away from this as possible. For just this reason.