Does anyone have low inhibition here and just throws their money into coins like it isn’t shit?
I have like 20,000 and won’t even put in $50 because my inhibitions are so high. I keep fantasizing about being a person who puts in all their money into crypto as soon as they get it and then eventually check and you have like 10 coins mooning
Depends how much money you have.
I was scared when I was poor but now I can be like 'meh it's only 10K'
This is a decent end of the spectrum.
You could also be like me.
Poor and desperate.
I threw everything I had into link in 2018.
I fully expected it to go away.
It didn’t.
I only have $20k savings total. well had... its all in Link and some TSLA. Both speculative bubbles and I’ll probably lose at least half. But who cares? What would I do with $20k anyway? nothing life changing
investing isn't for you
get poor and stay poor forever dumbass
I don't have much money on my bank account. I am the walking definition of a peasant. I only buy crypto hoping some day I will hit the right coin.
I rarely use my money for anything other than groceries and the rare treatment from time to time. Might as well put it to work.
I had $500 and just spent $200 on link.
I had 20k, threw everything in crypto and now i have 100k worth of crypto. You will never make it if you dont take risks
I heard if you get a cat and rub your face on it you will develop toxoplasmosis or some shit that make you less risk averse.
is that why im' such a fucking chad
Yea thats my attitude too. Who really gives a heck to be rich or not? Rich or even slight amount of money brings all kinds of problems, assholes or the government will try to take it everytime and make you wish never to have that money. So take big risks and if you hit the pot spend it right away.
Damn dude the definition of risk
I put $10k into RSR off a credit card without blinking
Even if I lose it all I can pay it off in a few months of working, or one bonus.
so.. then you're not actually taking a risk.
What was your entry?
Half at .017 half at .025
Waiting at least a year.
Yeah I can make the money back it’s just I have high inhibition and like watching it go up
I’ve lived in a car before and it was fine.
You have to realize that even the worst possible outcome really isn’t that bad or a big deal.
I throw my money into the one with the coolest logo
Yes. I threw in 8k casually to omg, then another 5k, then another 20k. Ive lost 20% from the markets crashing but i don't really care. It'll go back up. Probably
Yeah i only have 2k in my bank but 15k in crypto lmao
you sound like a faggot
I try to keep 10 to 20k in the savings account in case I fail, lose my job or become homeless, need bail money or whatever. Not having any savings at all is asking to get fucked
100% of net worth in crypto
Actually I grew up in poverty and trying to make it out before I start investing more and hopefully build up a little income first.
I am scared of going back to poverty and I’m finally at a point I’ll never live paycheck to paycheck and I don’t even have to work a job.
Not fucking this up.
I can make another $20k, its not much. know how I know you are already poor?
At a certain point it's actually riskier to not do anything with your money. If everything is in cash and there is a bank run or inflation gets bad, then you are losing value in real terms. Diversification helps prevent this. I don't think crypto is proper diversification though. It's gambling.
I’m doing that. Ride this shit out fren?
Feel like there's some truth to that, I used to be such a chad when I was a kid 20 years ago, then my family got a stray cat and I became totally beta and autistic.
Hes saying it does the opposite of what you're implying, retard
You can make $20,000 back in a few months of wagecucking if you have an average salary or hourly. If you pick the correct investment, that $20,000 could turn into $2,000,000. Would you rather risk having to work another few months to regain your initial savings, or put it on the line and potentially not have to worry so much about money anymore?