Quote Originally Posted by Poopadoop View Post
You guys are funny putting your money into crypto. Just go to Vegas and put your rollz on red if you want to gamble.
I think we're past the point of crypto being a "gamble". Putting your money in the bank is a "gamble". What if the system collapses? It's exactly the same risk with crypto now. Well, sort of. I mean, you have thousands of "banks" and you could invest in one that will disappear. That's a risk. But if you open a savings account, are you going to Natwest, or that new bank that you've never heard of? Investing in bitcoin long term is virtually risk free now. Other coins, there is more risk, but established coins with a purpose will be fine. Probably.

I honestly think, and this is not intended as a dis, that people use terms like "gambling" when talking of crypto because they don't understand it (I don't either) and they try to feel better about missing out a decade ago when there were millions up for grabs if we invested then. But the crypto market is still young, there is a fuckton of money to be made. It requires luck, discipline, research and patience. If you're unlucky but tick the other boxes, then you're very unlikely to do worse than sticking your money in an ISA.