It seems that everyone has become so accustomed to massive yearly gains in the stock market. If you're thinking about selling your investments after a minor drop in the market, then you really need to adjust your strategy. Maybe consider a money market fund or speaking to a financial advisor.
Everyone seems to have forgotten the risk that comes with investing. We have seen gains in the last few years that are unlikely to be repeated in the near future. There have been past periods where the market has been down over a significant number of years.
If you have time on your side and are diversified in index/mutual funds then you need to stay the course. If you have all of your money in a few individual tech stocks then you need to restrategize or stop complaining when you lose a significant amount of money.
If you are a new investor, it can be easy to get discouraged in these type of scenarios but as the market goes down, your future purchases will be at a lower price. Nothing is ever guaranteed and nothing goes up in a straight line.
Genuinely asking, not here to troll. Bitcoin has been popular for 15 years, but it still doesn’t seem to have a mainstream, everyday use. You can’t just walk into most stores and buy groceries or gas with it. Yet, every time it surges, people start calling it "the future of finance," but that future never really happens.
I keep hearing about institutional money coming in, but if it’s mostly hedge funds and whales pushing the price up, how does that make it a real currency? If regular people are just there to provide liquidity for the big dogs, how is this different from a glorified pump-and-dump?
Don't get me wrong I'm a Bitcoin fan and have been buying and selling it for years now. But I cringe everytime I hear “It’s digital gold”.. Gold has a use beyond its speculative value. It can be made into jewelry, art.. People want to have it because its a ‘real’ thing you can hold in your hands! Bitcoin's only real use is making anonymous transactions that regular humans don't usually need to make.
Am I missing something here, or is Bitcoin actually just a bigger fool scheme?
