Millennials like Robina getting shackled by Crypto currency

[Georgesoros]

No way I will invest in such scam. Money appreciating just like that is PONZI. What will make something move from a dollar to 200K dollars?  Eti value is generating by generating strong cypro key -

You're sinking trillion of your own hard earned savings in a sinkhole...that you cannot cash out. Meanwhile the owners of those BitCoin website exchanges are living their dream lives in Bahamas....until one day they shut their website...with your money in it.

Pundit

Pray that bitcoin sinks to under usd 1k and do your best to buy in. It will rise again and this time hit 200k.

The little disruption caused by chinese concerns about electricity will be overcome as miners rush to the US and Euro Asia.

China isn't against Bitcoin. The end of the pandemic in the US means the local industries must up production to keep and capture markets. The communist party apparatchiks reported that energy might be a problem. So China took the drastic step to nudge (not expel) miners to tone it down.

Once they settle expect bitcoin and other cryptocurrencies to hit the roof.

I said the same thing about Google when it was $100, FB when it was $20, and I lost big.

[Arcadian_Dreamer]

I said the same thing about Google when it was $100, FB when it was $20, and I lost big.

You are comparing companies like FB and Google that make products and services with speculative asset such as bitcoin? Preposterous, these crypto nonsense has really gotten to otherwise intelligent peoples' heads I swear. FOMO is real, however most people who talk up cryptocurrencies are insiders who stand to gain should more people join the pyramid scheme.

[RV Pundit]

For every winner you pick; there is a looser; in the casino; generally you cannot beat the market; that is why I dont invest in equity; the rate of return is about 10% if you're VERY GOOD in Kenya;  You rather give your money to Kenya treasury - otherwise if youre borrowing in kenya from banks- at 15% - you better get 30% rate of return.

So generally doesn't make much investment sense.....in kenya...just buy land..buy 10 acres here and there...especially around cities....and wait..and have some trees on it. As long as it genuine land...you will NEVER go wrong. Worse you'll retain your value.

As for the US...you should be lucky to get 6-7% rate of return.

Once again you cannot consistently pick winners only - you'll end up making wrong calls - because really it's difficult to predict the future. You cannot be remorseful that you didn't predict Google or Facebook...nobody could. Tomorrow you may wake up to find they died. But your real estate investment will never die.

As for outright pyramid ponzi scheme like BitCoins - GET SERIOUS for once in your life - who buys a virtual currency created by some phantom whose only use case is dirty money exchange??????? Someone withdraw 50,000 usd to go buy a bitcoin -

I said the same thing about Google when it was $100, FB when it was $20, and I lost big.