this post was submitted on 10 Nov 2023
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I value this meme at eleventy billion and won't take a cent less (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago

People saw things going up 100% in price from one day to the next, compared to a 2% per year savings account. That’s very enticing for anyone.

And that's the entire problem...by the time things go up in price by 100%, the people that will make money have already made it. Getting in at that point is useless, and will likely lose money.