When the .COM bubble burst retail was flushed out & institutional, professional investors stepped in for the long play
THEY got rich(er)-most individuals didn't.
SAME thing is happening to Bitcoin NOW-Retail hasn't returned since being flushed out last cycle.
Get off zero,HODL
@adam3us@Giovann35084111 economists believing that they could apply the same principles as physics to quantitative finance is how we walked right into the 08 crisis - "models" didn't see it coming
@HodlMagoo It’s not exactly what people of means invest in…. it’s marketed at the desperate the same way a collateralised loan at 11% targets the desperate