About The Amplify Transformational Data Sharing ETF: BLOK

Irrational exuberance was a term coined by Alan Greenspan to describe “the psychological basis of a speculative bubble” where “news of price increases spurs investor enthusiasm, which spreads by psychological contagion.” He coined that term in the bathtub, and first used it publicly about three years before the dot-bomb crash. Bearing that in mind, take a close look at an ad that a financial newsletter had the audacity to send to over a million readers, many of whom are probably new to investing.

Expecting high yields? Lower risk? Highly strategic investments that are safe? This is the most irresponsible ad we’ve seen yet with so much ignorance on display that it could double as a satire piece from The Onion. It should scare the bejesus out of anyone who believes that capital preservation is as important as capital appreciation, but there aren’t many of those types out there right now. When everyone and their brother is asking you about how to make money in crypto, it’s time to sound the alarm.

Still, there’s a great deal of promise to be had in blockchain technology in niche areas like decentralized finance (D