you're gonna have that 'lottery ticket mentality' wherever there is profit. it's just how the market works. so i don't think it's all that bad. speculation is also part of what drives prices up and brings it to the masses. we just have to be careful as individuals to protect our assets.
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A lottery ticket mentality is everything a true investor isn’t. People can get rich out of luck it’s true, but wealth is and will only be achieved by an Investor mentality. I’m aiming towards being wealthy, not just rich 😊
i see what you're saying. but to that definition, the entire wallstreet and the rest of the financial industry have no investors. the only difference is that these 'professionals' have the resources to manipulate the market or are in bed with the government (or with criminal organizations - both literal and figurative). all it means is that they're gambling and having fun. they're simply covered. we're not. i'm just saying they're not true investors either 😃
I see your point 👊