Dot-Com Bubble, Housing Bubble, Hedge Funds, Bitcoin

It’s safe to say that for as long as there are people who are willing to do anything to get rich fast, it’s not a question of “what type of industry crisis will happen next?” but… “when?”.

The reason is simple, “greed”.

“Yet a key reason the price of bitcoin keeps going up is, well, because it keeps going up. Small investors like yours truly have a fear of missing out on a chance to get rich quick. And when the value of your bitcoin doubles in a week, as it did for me, it’s easy to think you’re a genius. But you can get burned assuming it will keep skyrocketing.”—Seth Fiegerman/CNN Money

 

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