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by CryptoPunk 2042 days ago
>>And if you compare the chance to double your $10 in the next year (e.g. invest in $QQQ) to having the chance of being a millionaire next week, the bet to gain $10 is not an appealing option.

There are many offerings in the DeFi/token market that offer the prospect of massive payouts on those time frames.

Penny stocks can have a similar appeal.

These markets are replete with 'scammish' offerings and outright scams too, but over time, I strongly suspect you'd see retail investors become more discerning, as they learn through a process of trial and error what works and what doesn't.