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Forum nameGeneral Discussion
Topic subjectIt's a half point in that it may not matter to he/me/etc
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13433339
13433339, It's a half point in that it may not matter to he/me/etc
Posted by Cold Truth, Thu May-20-21 06:45 PM
We all know that much, I think.

I think we understand the volatility involved, hence the reason I view it as a lotto ticket, despite there are ways to manage it.

It's obvious that people are playing these markets. We recognize that.

There's a difference between going in viewing it as a serious investment- which is where your point is a full point- and approaching it like a casino, which is where it becomes a half point, because the point your making is one we're already aware of, even if that awareness isn't a sophisticated of the deeper mechanics that drive it.

I hope that makes sense. I'm not discounting your point itself, because it's valid. It's that the mileage of that point varies depending on the approach and understanding the person has going in.

it's why I'm drawing the distinction between a sound investment approach and a gambling approach.