Talk of The Villages Florida - View Single Post - Cryptocurrency
Thread: Cryptocurrency
View Single Post
 
Old 12-02-2022, 08:38 AM
retiredguy123 retiredguy123 is online now
Sage
Join Date: Feb 2016
Posts: 17,503
Thanks: 3,064
Thanked 16,667 Times in 6,594 Posts
Default

Quote:
Originally Posted by Mrfriendly View Post
Take a $100 bill out of your wallet, look at it and say, “wow I just lost 8% of my money to inflation in only one year.”
If you don’t invest then you just lost money
I invest. But, when you buy stock in a company and make a profit, the company gets your invested money to grow the company and to sell more products. So, everyone benefits. I don't see the same comparison with money "invested" in cryptocurrency.