Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Anonymous
Anonymous asked in Business & FinanceInvesting · 1 week ago

why are people so stupid to invest in "Crypto currencies"?  like Bitcoin, Dogecoin, etc?  they are nearly childish in mentality or not? why?

Update:

do they deserve to be ripped off for their childish arrogance or not? why?

Update 2:

no Elon Musk is maybe extremely dishonest

2 Answers

Relevance
  • Zany
    Lv 5
    1 week ago

    Never lost a dime on crypto, but I take profits and reinvest when fools get "Covid" checks. One more "stimulus check" please!

  • Mark
    Lv 6
    1 week ago

    So Elon Musk is stupid?  Investment companies are stupid?

    What you failed to point out is why you think that they are stupid.  Companies invest because like any other stock, while volatile, cryptocurrencies can have some high return on investment.  It is no different than others who invest in other volatile stocks looking to make a buck.

Still have questions? Get answers by asking now.