Why are normies so fucking risk averse?

Why are normies so fucking risk averse?

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P

They have something to lose

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Because they already live paycheck to paycheck due to spending all their money on nonsense with the intent to impress other normies.

Exactly. When you have nothing to lose you have everything to gain.

Because I fucking wage my ass off for 5 years to save a few hundred k in my boomer index fund portfolio. This is my backup plan in case crypto or my other high risk ventures fail. My 300k compounded over 20-30 years at 7% will be plenty to retire. I’m not risking this shit on chainlink (I do still put a few hundred a month in crypto/stock picks)

Imagine slaving away every day for 30 years just to have a little bit of money to spend when you're too old to enjoy it.

Ive also worked my ass of for 5 years and my most of my net worth is in chainlink. You’re just a retarded pussy

It’s all about balance. I still go into high risk shit, just not full retard where I FOMO my entire net worth into something. I have 5 figures in crypto

Because they bought December 2017 and are scared to lose 90% all again.

bullshit
Normies appear risk averse because they can’t into evaluating risk

Because they have something to live for in the now and aren't delusional enough to think they'll be the 1% who profit from your meme scamcoin PnD of the week.

This

>living paycheck to paycheck
>dont live with your parents so you have actual expenses
>dude wtf why aren't you dumping the zero dollars you have left over into uniswap shitcoins
This is how delusional your average Zig Forumstard is

Fucking pussy. Disgustint faggot.

Lmao retard.

If you already have a few hundred k in index funds you literally already made it you just have to move anywhere that's not america. Europe is pretty comfy or go live in the korean /japanese countryside.

I need 300k in index funds + my online business money ~200 a month and i never have to wagecuck again. Can literally travel around rhe world non stop

Kek
Cut down your liabilities. Get a smaller home. Get roommates. Cut your phone plan. Eat only rice and chicken.
How can you not do this? Covid makes this easy mode

literally ngmi

They are in debt and have no liquidity or job security during recessions

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Have fun living that lifestyle when you’re 50+ lol

>Stop buying Starbucks everyday

I’m spergtastic and quite risk averse. I chalk it up to growing up poor and being a huge pussy

This is an underrated answer

Risk aversion is healthy. Security and control are the path to a happy life, not memecoins.

Because I'm gonna have diahrea and shitty sleep over a 3 day weekend just because I gambled too much in this fake ass market

Nah, they just dumb.

Lmfao cuck.

Thanks uncle shlomo.

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Would you believe I’ve been coming to this board since 2017 and have never bought any crypto? I tried twice at an atm with $200, the machine fucked up both times and I’ve never tried again.

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99999 out of 100k people in this world that's in the newer generations will not see that age.

they prefer to live in comfort. Risk is the opposite of comfortable.

They just scared of losing money because they aren't woke to the nature of banks and governments and the way they control and manipulate us through money. They don't know anything about crypto and cbf to try and understand why its valuable. This is why we are going to make it.

I know this old guy in his mid 70's that literally lived his whole life as a fucking wagie, and it was actually a huge character building moment for me, because meeting him scared the shit out of me and showed me everything that I don't want to be. I already took a lot of risks financially, but after meeting this pathetic soul, I thought holy fuck I'm going all in now. The guy has lived in the same apartment for almost 50 years. Never married, eventually adopted a kid but the kid grew up to be a failure and a drug addict. Guy is a lonely alcoholic. The apartment looks ancient with faded furniture from the 70's, fucking paint peeling off the ceiling from just age. I literally almost lost it and started crying it was so depressing. Please, if nothing else, TAKE FUCKING RISKS. You don't wanna end up like this guy.

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>living paycheck to paycheck and taking on extra expenses like rent when you could've just lived with your parents since you're not married anyways
yeah that's totally risk averse

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Lack of inner speech

It’s a cultural norm in the US for kids to want to move and be independent. I think the origins are probably sheisty, but it’s not considered risky per se despite usually being financially unsound

Because they are not fucking retarted wasting their live savings in vaporware like ETH and all their shitcoins tokens.

Comfort is their drug as well as their wage cage

Don't beat yourself up about it. There is literally nothing wrong with risk aversion. Put your money in something physical or towards your future if you need change. Crypto gambling is not "making it".

You had 3 years to just buy l*nk user

their poverty?

Independence is essential for the human spirit. Where would we be as a society if everyone was a pussy that lived with their parents forever?

That guy was a rapist.

Hey! Your grasp of english is loose. Better tie that down before it gets away from you.

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Are you the same butthurt eurotard that has to bring up America in every thread?

rent free

I don’t really, but I am on the cusp of caving and bowing to whatever kyc is required to put some money in. It won’t be money I can’t afford to lose and I plan on splitting it between btc and xmr, which is about as boring as it gets when it comes to crypto

Actually he wasn't. The kid was already a teenager by the time he ended up with my friend. He had actually lived with another foster family before him that sent him back.

Was dating a girl who couldn't understand why she was broke. I did a little accounting and noticed that she was spending $10 a day on Starbucks alone (a drink in the morning on her way to work and another at lunch or after work). She'd out several times a week on most weeks sometimes spending upwards of $100 on take out, pick up, fast casual, etc. She was spending close to $5k a year whilst earning a little over $40k a year. Case in point: Normies are stupid.

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