They had to buy at its absolute peak.
That’s when all the Superbowl ads were saying to invest.
Comment on crypto investment
LifeInMultipleChoice@lemmy.dbzer0.com 2 days ago
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%.
UnderpantsWeevil@lemmy.world 1 day ago
ZoteTheMighty@lemmy.zip 1 day ago
Yeah, this meme is ancient. Hope the mom never sold.
Zaphod@discuss.tchncs.de 1 day ago
There’s no loss if you don’t sell
Pyr_Pressure@lemmy.ca 1 day ago
If you never sell it’s a 100% loss since you can never use that money for anything ever.
JackbyDev@programming.dev 1 day ago
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.
KoalaUnknown@lemmy.world 2 days ago
4000 is what I sold at. Easiest money I ever made.
match@pawb.social 2 days ago
if they were the type to buy at 4000 they probably already sold at <2000
LifeInMultipleChoice@lemmy.dbzer0.com 2 days ago
That’s why you have to buy every day and never sell. Just throw 1,000 in every day for the rest of your life and it’ll be fine.
huppakee@feddit.nl 2 days ago
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.
Kazumara@discuss.tchncs.de 1 day ago
Something is amiss there. Your years seem about a thousand times too long
thermal_shock@lemmy.world 2 days ago
Jesus, just take the 5% on the million and be happy lol.
LifeInMultipleChoice@lemmy.dbzer0.com 2 days ago
I’ve reviewed my budget and decided this is doable. 1,000 rials a day till I die.
If I live for 40 years more, and it doubles in value, I’ll have $695 when I die!
umbrella@lemmy.ml 2 days ago
🚀🚀🚀🚀