Quote from: 1Referee on February 25, 2018, 05:04:11 PM

Investing without any prior research and understanding of the market in question is always risky. Investing without risk doesn't exist.

Truth.

Quote from: 1Referee on February 25, 2018, 05:04:11 PM

In most cases wealthy retired individuals follow that route in order to gain some form of annual interest over their capital. I personally have nothing against it if others are doing it, but I will never allow anyone to invest the money I worked my entire life for. The easiest way to make money is never a way to actually become wealthy.

I do agree with you. However, those companies are in it to make money as well. They make money when we invest our money with them. It is in their best interest to ensure they invest our money wisely. Still, you do have a point that there is always a risk.

Quote from: 1Referee on February 25, 2018, 05:04:11 PM

We're getting there already. I am not exactly sure which firm it was, but I have seen coverage on TV where that firm has explained to invest in crypto on behalf of those who find it too risky to get involved in themselves. I think it's just a matter of time before this will expand further, where at some point even banks might get involved in this. Financial institutions are holding back due to the lack of actual regulations.

That is interesting. Now that you mention it, I think I may have also read somewhere that cryptos will be or are already being traded on some commodities markets. I will have to look further into that.