I won't buy crypto because the greatest investor of all time says it can only end badly because its based on perceived value rather than actual value resulting in a ponzi scheme. Thoughts?
I can understand the appeal of Warren Buffett's conservative approach to investing, but I feel like times have changed significantly since he built his wealth. Crypto has revolutionized global finance, with major governments, institutions, and even the US Treasury investing in it and referring to it as 'the new gold. Beyond just holding crypto, trading price swings has created incredible wealth for so many people. It reminds me of past revolutionary shifts, like the internet or the rise of tech giants. Back then, people who embraced change early were able to reap immense benefits, while those who stayed on the sidelines often regretted it later Do you think there’s a risk in not adapting to these kinds of changes? I feel like missing out on crypto today might be like passing up on buying Amazon or Apple in the early 2000s
@Chris Ward True , it’s had an incredible run recently But bitcoin is not the only crypto, there are lots others and trading their price swings is where the real fun is. what’s fascinating is how the market cycles tend to work even after big rallies, there are always opportunities, especially in newer projects or during market corrections. Some of the biggest gains often come from catching trends early or trading those price swings strategically
@Chris Ward i get where you're coming from though but how do you think such a strategy could be implemented effectively, especially considering international laws and the potential risks to innocent people in the process
@Chris Ward Wow that's an interesting approach and your experience adds weight to your perspective but do you think the Mexican government would realistically agree to such a force agreement ? And What else alongside military action to address the underlying issues, like the cartels’ power or the desperation that forces people to migrate
@Chris Collacott Yeah, I get what you’re saying. For something lead-driven, paid ads might work better. But for a group like this, focused on real discussions and engagement, I think growing naturally through conversations and contributions makes more sense