For real
Whoever thinks suggesting crypto to family members is a good idea deserves the hate.
I did when family asked me. I said it’s a good way to play with spare cash that you have no qualms about losing. That it’s the most volatile place you can put your money, either making a few bucks or losing it all
That’s how everyone described crypto, right?
I bought bitcoin at $6.
Now if I could only find that damn hard drive.
Unless they hate their family and want to see them come crashing down in a ball of fire and misery, finally getting what they deserve for decades of pain they themselves created
…why are you looking at me like that
Nah I don’t suggest anyone ever invest in crypto but simply to observe in the apps and be open minded, e.g. if you invest 10 dollars and watch the scene for some time you can see where things are going and have a long view rather than their 1000s in a big gamble. I doubt anyone I know is that dumb anyway
I would never, ever suggest anyone get into crypto. It’s far too volatile for any type of reasonable investment scheme.
The only reason I even have crypto is so I can donate to the private torrent sites I am on.
Crypto isn’t outright evil, but you really should only use it if you have things to use it for, and aren’t trying to game the system to get rich quick.
Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.
Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.
Gambling is what it is. Putting your life savings in it is stupid, but if you put a bit in, it’s a better gamble than putting it on the horses.
It is much better to invest in a company than it is to invest in crypto.
Because the money gets actually used to improve the company and society, instead of being stuffed into a sock and doing nothing.
Agreed, which is why I labelled it a “problem.” I go gambling very rarely, but sometimes I do when I have a spare $80 that I don’t mind pissing away. But once that $80 is gone, I’m done, and I stop. I also stop when I’ve made at least 200% profit (I’ve very rarely made it that high). It’s a good point to stop if you want to do well the few times you do win.
Gambling isn’t the problem as much as the addiction to it and an industry which purposefully makes it more addictive.
“Bitcoin isn’t a get rich quick scheme, it’s a don’t get poor slowly scheme.”
— Jameson Lopp
can’t get poor slowly if it happens quickly
Yeah, literally just alternative currency at this point for me too.
That was always the point of it.
I’m failing to muster up some sympathy here
“Fix it” lol shouldn’t have invested in a crypto
scamcurrency if you couldn’t afford itMy last boss told all his employees to invest in crypto, and I believe all of them put a substantial amount into it. He was a country hick who worked machine repair beside me at their shop. Thought he was hot shit because he was apart of a Facebook Q group and thought he was smarter than everyone else because he “knew secrets on a deeper level”. Okay bud.
I left before the end of the year because he stopped scheduling over a comment I made about another one of his fucking insane conspiracy theories he liked to spout instead of helping with the workload.
Then the crypto crash happened. They went out of business 8 months later. Can’t imagine why!
Eat shit, Wayne. Those gals and that kid working under you deserved better, you cunt.
DWAC stocks will skyrocket any day now. You should invest.
YTA - You deserve it
I could shame OP for falling for the crypto hype but I think the more important lesson here is to never ever mix family and finances.
Even if you know for 100% fact that you have a slam dunk investment, it’s not worth it. Money corrupts.
Never loan money, even if you don’t expect it to get paid back. It creates a power imbalance. Envy and resentment for you having money is better than creating any financial ties.
Never go into business with family.
Don’t mix finances and family. Family is more important than money.
