Too many people emotionally entangle themselves into bad upswinging bubbles.
Fundamental investing avoids speculating.
Long-term investing banks on the fundamentals of historic evidence embedded within valid, audited financial statements.
The following article well outlines and in part details what happens when people think and believe there is a “get rich quick” scheme. It does not exist.
Here follows is the warning article that highlights the problems of speculation versus true investing.
“‘I put my life savings in crypto’: how a generation of amateurs got hooked on high-risk trading”
| Life and style | The Guardian |
Online trading apps are drawing in novice investors willing to risk everything on volatile stocks. Do they really know what they’re doing?
By Sirin Kale
19 June 2021