My husband suggested I give him 100k to invest in btc in August. I was skeptical and I didn't. Now when I see the meteoric rise, I am bummed.
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Your intuition wasn't wrong. Markets have bubbles. You could have just as easily lost over half of that 100k. You're bummed because you don't understand markets truly.
You could play a Russian roulette with 1 bullet inside. If you won you got a lot of money. You didn't agree because you were not dumb and didn't want to risk dying. You friends played, stayed alive and won money. Now you feel bad that you also did not play. Don't. You made the right choice.
Human tendency to look back and regret, happens to the best of us.
You should be bummed
Still there is time to invest. Think what you missed and don't miss this time.
They can setup two validators right now. Have them up and running in a few days and make an easy 11% passive income. But OP doesn't look like a risk taker.
True. They can stake on exchanges and get about half the gains.
why does your husband need you to give him money for investing..
Coz he doesn't have the money
😂
You lose nothing, unless you sell at a loss. Crypto has crazy volatility and cycles. Strong hands, big gains. If you don't take risks, you get regrets. Good time to accumulate some ETH. DCA small amounts with high frequency.
Bitcoin is basically a stock that can fall by 50% or rise by that at any point in time. So when you put money into it, you have to be ok with the worst possibility. This week I bought 1k in btc. I lost $200 at one point and then it swung back, gain of 15, and now gain of 200. I’m ok losing this entire grand for the possibility that it turns into 30k when Bitcoin hits $1million. But if you said put 30k into Bitcoin, I wouldn’t be comfortable losing that much in a given moment in time.
If you don't sell, you win nothing and you lose nothing. If you think Bitcoin can reach $1mil you should put in everything you have and put a market order to sell when Bitcoin hits $999999.
Imagine you put everything you had and then you opened Coinbase or wherever you store it and saw that the you lost 80% of that value. Would you feel a way? What if you actually needed some of that money? This is why I with the possibilities, it’s safer to put what you’re ok losing and not touch it. Pretty much like the stock market
Your husband is the one who should be bummed as he failed to effectively use facts and logic to justify his request and influence you to agree with it. He could have least settled on requesting a smaller sum of money.
It's always the male's fault sister. #ally
You're still wise to be skeptical
Yea, be skeptical all the way to 10 trillion
I guess you missed the 25% drop?