Only an idiot thinks past performance equals future performance in markets. The ... | Hacker News

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		malfist on June 13, 2022 \| parent \| context \| favorite \| on: Major crypto lender Celsius freezes withdrawals as... Only an idiot thinks past performance equals future performance in markets. The ARKK out front should have told you

nikanj on June 13, 2022 [–]

Plenty of idiots are happy to invest in crypto. A very common sentiment in crypto ads is "$100 invested into crypto in 2012 would be $zilliard today. Invest today, and tomorrow you'll be rich too!"

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