Post
Topic
Board Economics
Re: What class of an investor are you?
by
sokani
on 20/01/2024, 14:15:08 UTC

The Ponzi scheme Investor
One who invests in ponzi scams continuously is this. This is the person who thinks about get-rich-quick schemes.

People might think that this set of investors doesn't exist, but I can confirm that there are people that are addicted to Ponzi scheme investors. Regardless of how much they lose, immediately they see another Ponzi firm they will still put their funds. They are impatient people that want to make a profit without any stress or delay. I have a friend that dislikes investing in Bitcoin because he thinks it is a waste of time. He prefers investing in businesses that promise large profit within a short time.

This reminds me of someone very close to me. Dude is a fan of ponzi and the painful thing is he never learns. He was a victim of MMM and MBA ponzi scam. Recently, during our discussion he told me about an investment opportunity, and he wanted to invest $1500. I tried convincing him not to invest, to buy bitcoin and hodl, that was when Bitcoin was 25k. Dude didn't listen, the last time I brought up the conversation, he couldn't say anything, I've a feeling he's been scammed.