Why are you guys whining about YD's investment scheme? It is true that over a long timeline the house always wins but sometimes there is a thing called variance that allow people to be lucky and that can smash any house edge that is in place.
Any investment comes with some risks and I would say that is true especially with these kind of risks.
Because many of the investors in LTC bankroll are in a loss since August last year. I don't know if you're familiar with the events of that period.
Our LTC bankroll took a serious hit last week but it's getting up again. It might take a while, but hey - investing is long-time, right?
<cut>
Many believed that eventually losing funds would be recovered, but now there is no time because the website is shutting down.
So you've invested in a company, the company has been taking a loss and eventually was forced to shut down. It's a normal situation.
If you theoretically held YD's stock, you'd feel the same. They'd take losses and eventually go bankrupt not allowing investors to earn back and it wouldn't be anything unusual.
I also believe that allowing someone else to try to run the business might be a safe way out, but it's not my decision to make.
Good luck with your future projects, Ethan and Scott!