top | item 45772060

(no title)

ak_111 | 4 months ago

You can do a lot of money in swindles and bubbles if you time your exit well. There is a fair bit of opportunistic investors who did well in the NFT craze, who speculated knowing fully well that NFT is a craze that will go to zero.

discuss

order

jacquesm|4 months ago

The Greater Fool theory of investing strikes again.

itsnowandnever|4 months ago

everything will eventually go to zero. we look at some of these things and laugh because we're pretty sure they're going to go to zero within weeks or months vs years. but by the end of all of our lifetimes, most the companies on the stock market will be replaced. the few that won't are probably investment banks like goldman sachs