Originally Posted by
bottomfeeder
When I was a young fella, my sister in law was single and thought she would take a big punt on the racehorses, she won $21,000 which was a fortune then, like you could buy houses for $40 k.
The next week we all put bets on the horses, and lost it all. Just goes to show lucky gambling doesnt mean it will continue or we will all be lucky. Virtuually even though everyone thinks Crypto is a mainstream "investment" , it isnt. Its nothing, new cryptos are popping up all of the time. it like a cloud, one day poof and its all gone.
At least Gold is a store of wealth and a physical asset. Plus it is used, for many purposes. Yes and I have heard it all before, Bitcoin is exactly the same. Good luck with bitcoin, we have heard about million dollars being made quickly, but millionaires can be lost. for every winner there will be a loser. The crypto bubble will burst. All you will have left of any value will be gold.