I keep on looking at cryptocurrencies periodically. It is probably just me. I cannot make any real sense of it. I started out thinking of it as a pyramid scheme. Then a ponzi scheme. Now I do not know what to call them. A religious type cult type thing where you have to believe?

All I do know is there is an estimated five times the amount of money flowing into the stock market and crypto as usual.I can understand this with safe vehicles paying almost nothing.

Unforunatly I also believe margin accounts have exposed a lot of people with this free and easy debt loading available. They are borowing the initial margin amounts even.

At the same time I cannot state your sweety may not make some money.I have no ideal of how to estimate the risk factor. What I do suspect and is of some concern.Is they are making too many things like working for a living appear to be a joke. At this time.

You get something that appeals to peoples greed enough and it always flies. Till it crashes. If your sweety cannot spend the money she has now in her probable remaining lifetime. Why engage risk that you no longer have the time to recover from? If it does not work out?

Finding something safe to protect or retain the value of what money you have is hard enough.If we as a couple had enough years left we would be changing a lot of things. For what we feel is to come.

We just do not have the amount of needed time left. Most older people are too well grounded to accept paying 60K a share for basically a number a computor generates. If we are wrong will create an unbelievable situation in time.

For example the high stock market prices right now are a result. Not of real economic performance. Just too many dollars out there chasing the available stocks.

The banks here are even backed up dealing with establishing new investment accounts currently. For their direct investing subsiduaries.

The specific thing that concerns me is that there is no middle ground with cryptocurrencies. You are either a believer or not.