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I once heard a quote that many stocks are an investment in the "other sucker principle". You are betting on there being someone who is willing to pay more than you did.
I have a low pain threshold for financial risk and to me (and just me) crypto is another other sucker principle. Its all good until it isn't and then it really sucks. Someone is going to get left holding the back.
I admire those who are willing to take the big risks. I hope they enjoy the ride and know when to jump before the crash.
Can you say "Enron"?
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Joe
See Porsche run. Run, Porsche, Run: `87 911 Carrera
Last edited by Por_sha911; 02-21-2022 at 07:15 PM..
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