Comment on crypto investment

• Eyekaytee@aussie.zone ⁨3⁩ ⁨weeks⁩ ago

  brah i had ethereum when it was $100, i could have $500,000 right now but i sold because i thought a fkin pandemic would cause a recession and stocks to drop 🫠

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  • zewm@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Nice hands. Are they made of paper?

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    • Eyekaytee@aussie.zone ⁨3⁩ ⁨weeks⁩ ago

      😀 😭

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      • db2@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        Don’t feel bad, I had whole bitcoins (plural) when the price only had one zero at the end. I did not hodl.

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    • Vanilla_PuddinFudge@infosec.pub ⁨3⁩ ⁨weeks⁩ ago

      lemmy openly talking about cryoto

      bearish as fuck

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• rumba@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

  think it is. A boring, S&P 500 index fund investment was also about $4000 at the time

  The problem with that index fund is it’s slowly going up and to the right, more or less.

  That Etherium is going from < 1500 to > 3800 every 4-6 months.

  Hands off, long term investing funds are good where it’s at if we don’t crash the economy, but there is some cash to be made in crypto if you have spare change lying around.

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• brucethemoose@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Crypto is super volatile, like perpetual RNG volatile, which is a little more out-of-the-way in the stock market.

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