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With a corollary, "the stock market can remain irrational long enough for you to profit from something valueless". It's of course risky, but cruptocurrencies c
by kace91 5y ago
With a corollary, "the stock market can remain irrational long enough for you to profit from something valueless".
It's of course risky, but cruptocurrencies can be a perfectly valid source of money, as long as you just risk spare money. You don't need to trust it to be a valid investment, you just need to trust that enough people will believe it is.
- Hamuko 5y ago>You don't need to trust it to be a valid investment, you just need to trust that enough people will believe it is. This is called the greater fool theory. https://en.wikipedia.org/wiki/Greater_fool_theory https://en.wikipedia.org/wiki/Greater_fool_theory