[lariati]

Investing in a company though is basically doing a crowd sourced valuation on the future cash flows of the company.

It doesn't matter if you see it that way or not. Your buying and selling is still voting in a sense on the valuation of the future cash flows of the company.

Buying and selling BTC is like buying or selling gold. There is no future cash flow to value. It is purely pricing based off supply and demand.

[mouzogu]

I know, but I'm gambling that I would get higher potential returns on Crypto. The losses are multiplied too of course.

Also, I don't have the desire to study companies enough to understand what I'm getting into.

Index funds are appealing, but I keep reading that we're in a bubble but I also feel like assets will just keep appreciating forever, naive, I know.