/biz/ - Business & Finance

>>58485726
Only if you don't know how to invest. I can see how to the untrained mind crypto must look like a casino, all driven by luck and hope but to me it's really easy to comprehend. Take $CONAN for example, the dog is a fucking national hero, i've seen people proclaim they would give their lives for him, it's no wonder the token is turbo bullish, its 3000% up now, do you think its really a casino? kek

>>50646764
I think part of it may also be that skepticism in the stock market is more common in Europe than in America, plus pension plans are more common.

For example, I was born in France, and my parents always taught me not to invest in stocks. They called it a gamble. Anytime an investment wasn't guaranteed to hold its value, they would balk. But they have a pension, so they don't have to worry so much about inflation preventing them from having money to retire, even without a more aggressive investment strategy.

Because of this, when I first moved to the US, it took me a bit to get rid of that conservative mindset. That was 13 years ago, so I'm obviously glad I did, because without investing in stocks, my financial situation today would be much different given the returns we've seen this past decade.

Your friend is based