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Another investment spinoff
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RomeyT
LIF Infant
Member since 1/21 355 total posts
Name:
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Another investment spinoff
Does anyone invest in crypto? Now’s the time to buy it appears but I have only dabbled here and there. My husband would dump a ton into crypto if I didn’t have my say. Just wondering if there are any active investors here and interested in hearing your thoughts.
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Posted 6/15/22 10:34 AM  |
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StaceyWill
It's a girl!!!
Member since 6/10 21536 total posts
Name:
Stacey
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Another investment spinoff
I don't know too much about it, but we invested in Doge a while ago. I keep telling DH to let it ride and see what happens. I know it's not doing great right now.
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| Posted 6/15/22 10:57 AM |
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lululu
LIF Adult
Member since 7/05 9508 total posts
Name:
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Re: Another investment spinoff
No - it seems too risky to me. I know that a lot have made some money with it but it's not my thing.
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| Posted 6/15/22 11:17 AM |
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Funkybutt
LIF Adult
Member since 4/15 3049 total posts
Name:
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Another investment spinoff
Nope - too iffy for me. I know that some people made a lot of money but it didn't take long for it to tank.
Kinda like NFTs. People were paying OUTRAGEOUS amounts for digital content, but it's just stupid to me b/c people copy that stuff all the time.
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| Posted 6/15/22 11:42 AM |
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Re: Another investment spinoff
Funny just read this about Boomers and how much money they have saved and crypto…
Less than half of those surveyed have saved $100,000: Not even close to enough to support a median income of around $40,000 a year in retirement. One in six say they have saved nothing. A third are currently making no contributions. And it’s not just the young, who do at least have decades to make up the ground.
Respondents who are still working, with a median age of 60, have average savings of around $112,000.
One quarter of those surveyed, and 30% of millennials, said they were planning to rely on “cryptocurrencies” to finance some of their golden years.
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| Posted 6/24/22 5:35 AM |
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MrsWoods
LIF Adult
Member since 4/12 1461 total posts
Name:
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Another investment spinoff
We just took our money out of crypto. Because of the economy its going down.
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| Posted 6/27/22 8:01 AM |
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