that is what these loans have been called from when I started in it in 1975.. be interesting to see who coined that  ?

FX, Crypto, Flipping Houses, Sub2, Gold and Silver, Rare Earth Metals, Day Trading, Bernie Madoff, Vending Machines, Car Washes, Amway, any MLM.....whatever the dream of the day is.In all of them, you can make money, you can get rich, but almost always it takes a lot of hard work, blood, sweat, tears, missed holidays, working on weekends, money, risk, stress.

I went and reviewed a webinar from August 2023 where he noted he got out of a lot of real estate investing and investing in five categories: Ecommerce 33%, educational masterminds 55% (and lists them), broadway musical and very minor in real estate and crypto.

When it’s smooth sailing, we tend to float along, feeling good about ourselves and our investments in real estate, the stock market, crypto - any asset class. 

There is significant risk to this business and people generally only want to show one side of the coin. 

But no one that stupid is going to ever get to the point where they are entertaining a 100-unit, so there's no point in trying to market to that person, they don't really exist at that scale (and, to they extent that they do, they aren't falling for real estate scams, they are falling for crypto/nft/blockchain/ai [+ next years buzzword, whatever that is] type scams). 

Forgot to add this: if a certain crypto is used/trusted more, which is that? 

I didn't predict the latest **** coin or invent some crazy business; I just house hacked a few properties and increased my income slightly by leaving the military for a better paying government job.

Made good money for a while then the market turned and he lost a lot of coin ...  

I am rather vocally against crypto currency, mainly because I don't understand it.