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avatar of @jfang003
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@jfang003
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I agree that there are just so many bailouts for the rich and powerful. It is however funny how the banks reacted to the recent Archegos capital. I think they were planning on walking down the stock but big banks like Morgan Stanley just smashed those asks and tanked the price. Even if your rich, you will still get eaten on if you are late to the information.

I do think people needs to make their money work for them but I don't think it only has to be crypto and crypto. It could be gold, trading stocks or even their own business. The problem I see is that crypto tends to have the highest return but the risk is equally as high if you don't do your own research. So for the average person who doesn't want to think, BTC is the safest option since I think it has higher prices in the future.

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