Cryptocurrency

Out of context: Reply #510

  • Started
  • Last post
  • 863 Responses
  • NBQ000

    Spoke to some dude at a party who works in tech and start ups. He said he has pretty much all his life savings in crypto except "some family funds for rainy days".

    He's married and has 2 kids.

    • "They" always say invest diversely. No one listens any more, and knows everything. It's a beautiful world.dibec
    • There is a subset of people in any industry that luck into easy money whether it be dumb salary or cake jobs. These people may have actually worked hard orjonny_quest_lives
    • actually very smart.... bu stupid money/wealth is a lot like celebrity. It distorts your perspective. These peeps eventually realize the gift is FAR easierjonny_quest_lives
    • than the grind. Look at the current dumpster fire that is Michael Saylor... dude might have what legitimately worked hard to get thru school build a companyjonny_quest_lives
    • then the dot com craze gave that guy access to insane capital. Musk is probably cut from the same clothjonny_quest_lives
    • So it's not surprising that people who fall into money start to believe it's through some innate skill or gift and disregard common sense.jonny_quest_lives
    • I know someone with a kid who's in the hole on crypto for what I can work out is at least £100k. They'll be fine otherwise, but christ what a greedy waste.Nairn
    • The greed is crazy. If I invest in anything that more than doubles my money I’d cash out at least my initial investment. HODL mentality is a bit nonsense for bcmonospaced

View thread