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SWBTATTReg

(26,399 posts)

2. I've always been nervous about these so-called uncontrolled currencies that basically, we don't

Reply to dalton99a (Original post)

Sun Jul 10, 2022, 11:25 AM

Jul 2022

really know how the values are calculated / make up (other than supply and demand like other things), but being so secretive, these crypto currencies are so prone to manipulation (IMHO). Perhaps some like bitcoin aren't so easily manipulated but still...

I'd rather own directly a piece of silver or gold (the coins) in my hands.

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Crypto plunge is cautionary tale for public pension funds [View all] dalton99a Jul 2022 OP

Play stupid games, win stupid prizes. onecaliberal Jul 2022 #1

About what it is, isn't it? So spotty, so iffy. I wouldn't touch w/ a 10' pole. NT SWBTATTReg Jul 2022 #4

Hell no and definitely not with retirement funds. The stupidity of people never ceases to amaze. onecaliberal Jul 2022 #10

I've always been nervous about these so-called uncontrolled currencies that basically, we don't SWBTATTReg Jul 2022 #2

Or when a whole crypto player corporation will - dissapear. empedocles Jul 2022 #5

Wow. How scary. Can you imagine an investor who just plugged $10K of their money SWBTATTReg Jul 2022 #6

Perhaps a successful crypto gambit, gives the fund manager some bragging claims. empedocles Jul 2022 #3

Why should they care? Taxpayers will just have to make up for it. MichMan Jul 2022 #7

$15 million in what was then a $5.5 billion portfolio Yonnie3 Jul 2022 #8

The crypto-sharks exploited many un-informed minority investors Thunderbeast Jul 2022 #9

Old timer told me once to never invest in anything you don't understand. Midnight Writer Jul 2022 #11