Quite on here today, everyone silenced with the pregnant anticipation of market boom & crypto to the moon, or just Monday?
I suspect you may overestimate the number of plutocrats on this site.
@mcfate everyone who doesn't practice moderation will get it in the end. Betting $ you don't have is never smart.
Oh, there are people "practicing MODERATION" in pricing a stock up 7000% over its reasonable value?
I see.
@mcfate I meant what you risk. I am not pricing anything but if the shares I bought a few months ago go up 300% then great. Nobody should be risking $ they don't have in this madness. For me it's the beer & lottery $ since I don't do either.
I view the retail stock market as basically little more than a swindle. I wouldn't invest in anything that wasn't a government bond or an index fund, myself.
@mcfate Good plan, my retirement, run by someone else employs a much more stable growth model, some risk, but managed. Even I risk only 25% of mine to this tomfoolery.
@thechriskidd
Oh, EVERYONE is going to get screwed over. This is all nothing more than a Ponzi scheme that attained a very rudimentary form of self-awareness.
The train wreck at the end will be pretty spectacular.