Peoples reasons for not investing in BTC and crypto at this point will never seize to amaze me.
Their answer is always “yeah, don’t understand it, seems scammy, I hate Russia and black markets”
Me - “Yes, but you can make more on your investment principal in one 4 year cycle than you will make your whole 40-60 life year cycle investing in TradFi, and that is if you are a mid investor and losing you ass in the 95% if financial advisors who are absolute ****ing idiots and stealing you money through bad returns and commission driven investment structures. At this point your statistical probability for success in crypto is about 85-95%, depending on how good you are at analyzing data driven trends…. just have to be open minded and not be a lazy POS”
“Yeah, I’m good, too much risk and CNBC tells me investing in crypto is on par with funding terrorism. Plus I like my FA, he takes me golfing sometimes and you can’t be too safe with sticking 50% of my nest egg is 3-5% whole term life insurance policies….you know it’s tax advantaged! he’s knows what he’s doing, he’s fiduciary and he took a Goldman Sac course. I like being lazy, plus my pension seems astute and they guarantee 8%”