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Joined 2 years ago
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Cake day: October 6th, 2023

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  • I don’t recommend investing to anyone, because this is absolutely bound to happen. I just say “Hey, I invest via [broker], and mostly in broad ETFs”.

    If they want advice, I’ll tell them anything except for names, because the minute I do, they’ll buy, the price will drop and they’ll sell and get angry at me.



  • Tar_Alcaran@sh.itjust.workstoLemmy Shitpost@lemmy.worldButtcoin
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    2 days ago

    What? That’s completely wrong.

    If it was set up as a currency, it was set up entirely wrong. There is a capped amount of bitcoin, and over time bitcoin will dissapear. That means a smaller supply will represent equal value (well not really, since it isn’t backed by anything), meaning it’s deflationary.

    Deflationary assets are by definitions bad currency and great investments.