RE: Why High-Frequency-Trading is NOT evil
My opinion is based on research... if not I would not have such a strong opinion...
Ok, I guessed you where the typical age of a Steem user.... a user in his thirties. For him these numbers are just crap... If you are in your 60's then you belong to the last fortunate group of beneficiaries of the current system. Enjoy it while it lasts... This can come to an end sooner than you think... perhaps this autumn?
And this opinion is based on maths and economics...
Thanks to market manipulation your pension funds are still able to pay out every month... Without intervention from the FED it would have been Game over a decade ago...
Anyhow... HFT is another issue than market manipulation...
We both are against market manipulation. But in your case I would favor it... if not your pension would be gone a decade ago... but for a guy who is supposed to get his pension in 30-40 years? I would tell him that he should look elsewhere for security than this system...
I think you have learned a little from me in our Exchanges. However you are apt to form conclusions on things which you no nothing about. I am 56 yrs old and I have an Ill health Pension.
I cashed this in at 55Yrs. $200k. I then bought hard Assets Gold, Silver and Crypto. Yes I bought 350 Ethereum for $10 each.
Now moving on. I totally agree that you should become your own Central Banker, governments are Bankrupt. A reset is at hand.
Do not form an opinion based upon supposition, then form a conclusion on that dodgy supposition. Then you will be fine.
Keep up your research and think out of the box.
Good Luck my friend.
Gazza.
Yeah! Good luck to you too, bro! :)
By the way, an ill health pension is not a capitalized investment, this is a risk insurance. A thirty year old could pay 5 USD a month for a 100.000 USD insurance or something like that... this is another case than funded pension investments.... But ok... if the insurance companies go under than I guess in any case you do not get any money...
And you are right that one should not generalize and jumpt to conclusions... but here in these chats one does not ask about all those personal details... so one assumes stuff about other persons without asking... rightly or wrongly...
I hope your condition is not seriously affecting you and you can enjoy at least the pension...
Peace Bro, do not assume ,then you will, more than likely be Right. Nobody likes to be Wrong. we will speak again, mexbit, bye for now.
Gazza.