I invest in some cryptos, even if I know almost nothing about them, lol.
Here's my issue:
if the point of a cryptocurrency is supposed to eventually replace the dollar.....then they absolutely cannot fluctuate even 1/10000th as much as they have. In just the last 48 hours, some cryptos have declined by nearly 40% but rebounded some since the Saturday Night Massacre. Can you imagine going to bed one night and waking up to your nest egg being demolished by 40%? Ya, I can't. There's no way that cryptos can walk both tightropes as an official currency and an investment.
Here's my issue:
if the point of a cryptocurrency is supposed to eventually replace the dollar.....then they absolutely cannot fluctuate even 1/10000th as much as they have. In just the last 48 hours, some cryptos have declined by nearly 40% but rebounded some since the Saturday Night Massacre. Can you imagine going to bed one night and waking up to your nest egg being demolished by 40%? Ya, I can't. There's no way that cryptos can walk both tightropes as an official currency and an investment.
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