Unlike any I had ever seen.
And instead of cashing out I was overcome by greed and I let it ride.
In half an hour I lost a thousand dollars and over the rest of that day I lost another two thousand.
2. Rapidly expanding user base. Investor feeding frenzy.
3. Source of the profit, can't be explained in simple terms.
4. Initial profits are so good that one opts to leave ones capital invested, so as not to lose out.
What I propose is that the cryptos offer a perfect vehicle for a Ponzi scheme.
Thinking there was only one way forward, up.
And it tanked again and again. After small gains the bottom kept falling and I saw my life flashing before me.
So now I pledge to leave it alone. A watched kettle doesn't boil.