3min chapter

Risk of Ruin cover image

Zero, by Way of a Hundred

Risk of Ruin

CHAPTER

Is It a Crypto Scam? Or Is It a Fraud?

If you know enough geology to work out x is a fraud, our assum on is that if the person's done a fraud, the next stock is also a fraud. And we can be misse we can be mistaken on that. The other day, i was reading an article about a crypto scam where the perpetrators ran off with a million dollars. By the time they were charged with fraud for that incident, do you know what they were doing? They were running another crypto scam. People are amazingly reliable. No one is going to win bat,. So when you lose, it's important to be able to figure out if you are wrong or just unlucky.

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