crypto investment
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If you can't handle investments being volatile then only invest in bonds, CDs, and savings accounts.
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If you never sell it's a 100% loss since you can never use that money for anything ever.
Yeah, it's funny that people say no loss until you sell. I get the joke but they're ignoring that under that definition the purchase was a loss lol.
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1,000 x 365
,000= 1,000,000 every three years so as long as crypto market doesnt collapse you will die a multimillionaire. You'll also live broke, but that's just something you have to accept.Edit: there are 365 days in a year, not 365,000. My mind went like 1,000 x 365 = 365,000 = a third of a million. Or a million every three years.
1,000 x 365,000 = 1,000,000 every three years or so
Something is amiss there. Your years seem about a thousand times too long
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1,000 x 365,000 = 1,000,000 every three years or so
Something is amiss there. Your years seem about a thousand times too long
Yes oops
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Currently worth $3,642.07, but yes 4k was a stupid buy.
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Welcome to holding the bag. Never listen to family.
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Currently worth $3,642.07, but yes 4k was a stupid buy.
If it were 10k it would have been a genius buy though!
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no no, fun through though. More that power companies always go up and to the right. They're the hallmark of safe investment.
Except for PCG…
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If it were 10k it would have been a genius buy though!
No, it wouldn't. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.
Like playing the slot machines hoping for a jackpot.
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No, it wouldn't. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.
Like playing the slot machines hoping for a jackpot.
wrote last edited by [email protected]Buying at the all time peak is ALWAY a stupid buy
If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.
If you bought Palantir at $35/share on January 29, 2021 you were a total moron.
Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!
Like playing the slot machines hoping for a jackpot.
I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.
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Except for PCG…
Ohhh wow, and they were doing so good until 2025.... that's horrific
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Welcome to holding the bag. Never listen to family.
~ Howard Graham Buffett
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I had to check, I never knew Ethereum got that high. It's apparently at 3,600 right now. It passed 4000 twice, hasn't dropped to 1,000 after those but looked like it was at 1800 or something after the crash in 2021.
They had to buy at its absolute peak. Sheesh. Guess if they sell now they only lose like 10%.
They had to buy at its absolute peak.
That's when all the Superbowl ads were saying to invest.
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Aaah classic. Forgot to prefix it with:"this is not financial advice"
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I had to check, I never knew Ethereum got that high. It's apparently at 3,600 right now. It passed 4000 twice, hasn't dropped to 1,000 after those but looked like it was at 1800 or something after the crash in 2021.
They had to buy at its absolute peak. Sheesh. Guess if they sell now they only lose like 10%.
Yeah, this meme is ancient. Hope the mom never sold.
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Buying at the all time peak is ALWAY a stupid buy
If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.
If you bought Palantir at $35/share on January 29, 2021 you were a total moron.
Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!
Like playing the slot machines hoping for a jackpot.
I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.
Lmao, no surprise to see you defend actual slot machines.
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Welcome to holding the bag. Never listen to family.
this is the whole reason why I don't give financial advice to people, and when they press me for it I tell them
your money is your money, I'm telling you this because you need to be responsible for your own finances. all investments are bad and you will lose money. it's up to you to identify if this information is helpful or not to you. what works for me may not work for you. there is never a "sure thing* and don't risk more than you can afford to lose.
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Lmao, no surprise to see you defend actual slot machines.
I'm fairly certain that was meant as sarcasm.
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I think she bought the wrong stuff never heard of etherim
It's actually the more practical of the crypto currencies from my perspective. It's setup to enable things like smart contracts and exchanges and was a big driver of web 3.0.
Not that I'm a big proponent of web 3.0, it at least tried to be a currency unlike every other crypto currency.
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I'm fairly certain that was meant as sarcasm.
Poe's Law. If people like them didn't really exist then casinos wouldn't be profitable.
