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Comments by "" (@freesk8) on "Dave Smith - Why the Markets Are Always Rigged" video.
The memecoins are indeed 99% scams. Bitcoin and Ethereum are good. They are like digital Gold and Silver. A few of the next larger coins are probably not scams, but are incredibly risky, and probably won't appreciate as much as BTC and ETH. I'm talking here about stuff like Solana, Cardano and Litecoin. But the tiny market cap coins and the memecoins like DOGE are so risky, and will probably go to zero. XRP/Ripple might be run by governments. I'm suspicious of XRP. Monero is kinda cool. Government is trying to prohibit it because it has strong cryptological privacy. You can't buy it from the big exchanges like Coinbase. I'd say we should all buy a little BTC and ETH. It's a diversification strategy. If you are a serious Libertarian who wants serious privacy, and are comfortably with technology, figure out how to get some Monero. Bitcoin is easy to get. Just get a Coinbase account and send them some money. Buy some BTC right now! It is having a dip down to $89K from a high of $104K. There is some risk it will fall to as low as $75K before bouncing back up to $150K. So there is a buying opportunity right now. I just got some more today. And you can buy as little as you want. You can buy $10 worth of Bitcoin if you want.
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