Author David Waldron made this comment about crypto:...Bitcoin is taxiing to be the likely next fall from grace. Before that was sub-prime mortgaged back securities, before that zero revenue dot.com IPOs, before that junk bonds, and before that land deals in the western U.S. I am probably missing a few other fast money schemes that fell in between. The common denominator is there are only a few market timers in each event who got in with a lucky twist of fate or the rare intuitive sense of market conditions, profited and got out. Those are the ones who dominate the financial news feeds and sponsored content giving a false appearance of bullishness in the market fad among the masses of otherwise well-intentioned investors. But you can bet another swath of fast money wannabes will show up at the next market fad roll-out party. PT Barnum famously immortalized this unrelenting human nature over 150 years ago. The sobering truth is the money-making headliners are a tiny percentage of the active participants. Most players in the fad lose and like the typical casino gambler, only share the rare winning visits. Just another reminder that market fads make money for a lucky few at the zero-sum expense of the silent majority who lose out of the desperate hope to make a lifetime of earnings in one market cycle. The list of household names of those who made fortunes beating the market by owning investments with utility over extended periods is lengthy. But why can't I name one investor who consistently adds to their wealth on fast money, market-timing fads?... $GBTC, GRAYSCALE BITCOIN TRUST / H1 Stick with $PYPL $SQ, $V, $MA.$GBTC on the way to $0 - $5.00. Agree or disagree? Login now to vote. Join the group of Value Stocks. With Over 800 members. Comment below.