- Joined
- Sep 8, 2018
If Dax said "too risky for me to trust" and was a big pusher of index funds or said "despite cryptos current volatility it seems to be the future and will see net increase" or only promoted stocks that had proven track records like Apple... I'd agree.I'll be honest that seems like actually great advice.
Because at the end those are literally just gambling, it's not investing.
But Dax is mister big risk big reward gambles. He's told people who have asked him advice on saving "don't bother saving when you are young, go ahead and just spend your money how you want". His rational for his negative outlook was that the company were just gonna print more stock and dilute so it wasn't even worth trying for short term profits. He compared it to the Fed cause its all he talks about and obsesses over forgetting that the company has to answer to share holders.
If Dax were careful about his decisions he wouldn't have a page here that is bigger than Maddox's. I just wanted to point out Dax tries to claim he is a master of investing and that is how he has shit tons of money when in reality he comes from money, has a dad who actually is a day trader and allegedly stole crypto that would of appreciated in value by an insane amount.