https://www.reuters.com/article/us-finan...SKBN1GU0EX
An excerpt from the above article
"Instead of the day-traders of the 1990s dot-com craze or the house-flippers of the mid-2000s, small-scale investors say they are looking for cryptocurrencies such as bitcoin to deliver the outsized returns they no longer believe the stock market can deliver.
Layla Tabatabaie, an entrepreneur and advisor to tech startups who lives in New York, began investing in initial coin offerings, or ICOs, about a year and a half ago, she said. She now holds the majority of her portfolio in cryptocurrencies, which she sees as offering the possibility for greater gains.
“The way that I see crypto as being more favorable than stocks is it seems like there is more of an opportunity for retail investors to get in earlier," she said. "Crypto now is taking the place of the way stocks used to behave 10 years ago, 15 years ago.""
After a lot of reading and research I still believe crypto's are a very unknown investment strategy that I just can't get myself financially connected with hard earned dollars. I find it worrisome that some people that don't trust Wall Street have no issues investing in crypto's, in fact, a HUGE RED FLAG for me was a buddy of mine who has never invested a dime went crazy over bitcoin/crypto's. I do understand that crypto's is a very broad term.
An excerpt from the above article
"Instead of the day-traders of the 1990s dot-com craze or the house-flippers of the mid-2000s, small-scale investors say they are looking for cryptocurrencies such as bitcoin to deliver the outsized returns they no longer believe the stock market can deliver.
Layla Tabatabaie, an entrepreneur and advisor to tech startups who lives in New York, began investing in initial coin offerings, or ICOs, about a year and a half ago, she said. She now holds the majority of her portfolio in cryptocurrencies, which she sees as offering the possibility for greater gains.
“The way that I see crypto as being more favorable than stocks is it seems like there is more of an opportunity for retail investors to get in earlier," she said. "Crypto now is taking the place of the way stocks used to behave 10 years ago, 15 years ago.""
After a lot of reading and research I still believe crypto's are a very unknown investment strategy that I just can't get myself financially connected with hard earned dollars. I find it worrisome that some people that don't trust Wall Street have no issues investing in crypto's, in fact, a HUGE RED FLAG for me was a buddy of mine who has never invested a dime went crazy over bitcoin/crypto's. I do understand that crypto's is a very broad term.