Guys/Gals it’s posted in the meme community, clearly this did not happen. The joke is funnier in the first person.

  • Snot Flickerman
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    1 year ago

    I would never, ever suggest anyone get into crypto. It’s far too volatile for any type of reasonable investment scheme.

    The only reason I even have crypto is so I can donate to the private torrent sites I am on.

    Crypto isn’t outright evil, but you really should only use it if you have things to use it for, and aren’t trying to game the system to get rich quick.

    Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.

    • Howdy
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      01 year ago

      Yeah, literally just alternative currency at this point for me too.

    • @Devi@beehaw.org
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      01 year ago

      Honestly, anyone playing such “get rich quick” investing games with crypto needs to be honest with themselves that maybe they’ve got a gambling problem.

      Gambling is what it is. Putting your life savings in it is stupid, but if you put a bit in, it’s a better gamble than putting it on the horses.

      • @Honytawk@lemmy.zip
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        01 year ago

        It is much better to invest in a company than it is to invest in crypto.

        Because the money gets actually used to improve the company and society, instead of being stuffed into a sock and doing nothing.

      • Snot Flickerman
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        1 year ago

        Agreed, which is why I labelled it a “problem.” I go gambling very rarely, but sometimes I do when I have a spare $80 that I don’t mind pissing away. But once that $80 is gone, I’m done, and I stop. I also stop when I’ve made at least 200% profit (I’ve very rarely made it that high). It’s a good point to stop if you want to do well the few times you do win.

        Gambling isn’t the problem as much as the addiction to it and an industry which purposefully makes it more addictive.

  • SharkEatingBreakfast
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    1 year ago

    My last boss told all his employees to invest in crypto, and I believe all of them put a substantial amount into it. He was a country hick who worked machine repair beside me at their shop. Thought he was hot shit because he was a member of a Facebook Q group and thought he was smarter than everyone else because he “knew secrets on a deeper level”. Okay bud.

    I left before the end of the year because he stopped scheduling me over a comment I made about another one of his fucking insane conspiracy theories he liked to spout instead of helping with the workload.

    Then the crypto crash happened. They went out of business 8 months later. Can’t imagine why!

    Eat shit, Wayne. Those gals and that kid working under you deserved better, you cunt.

  • @MsPenguinette@lemmy.world
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    01 year ago

    I could shame OP for falling for the crypto hype but I think the more important lesson here is to never ever mix family and finances.

    Even if you know for 100% fact that you have a slam dunk investment, it’s not worth it. Money corrupts.

    Never loan money, even if you don’t expect it to get paid back. It creates a power imbalance. Envy and resentment for you having money is better than creating any financial ties.

    Never go into business with family.

    Don’t mix finances and family. Family is more important than money.

  • DreamButt
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    01 year ago

    Damn and here I am trying to keep my family away from crypto

    • @Chakravanti@sh.itjust.works
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      01 year ago

      Came here to say this. Of course your downvoted. Bitcoin is the snitch coin. Makes it perfect to force all businessestio use it and it ONLY with any business funds. Anything otherwise is literal embezzlement.

      Monero is private and cannot be tracked. Makes it perfect for personal and any and all business MUST handle BTC then. For the rest of us, swap for your business payment on Bisq.

    • cannache
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      01 year ago

      Nah I don’t suggest anyone ever invest in crypto but simply to observe in the apps and be open minded, e.g. if you invest 10 dollars and watch the scene for some time you can see where things are going and have a long view rather than their 1000s in a big gamble. I doubt anyone I know is that dumb anyway

    • Scrubbles
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      01 year ago

      I did when family asked me. I said it’s a good way to play with spare cash that you have no qualms about losing. That it’s the most volatile place you can put your money, either making a few bucks or losing it all

      That’s how everyone described crypto, right?

      • @Sigh_Bafanada@lemmy.world
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        01 year ago

        My mate made 15k the other day from investing in a shitcoin. Then he told us about all of the other shitcoins he invested in that went to zero.

        Overall he does make a profit, but that’s with a lot of knowledge in the sector and a lot of understanding that you’re going to lose far more often than you win.

    • @wreckedcarzz@lemmy.world
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      01 year ago

      Unless they hate their family and want to see them come crashing down in a ball of fire and misery, finally getting what they deserve for decades of pain they themselves created

      …why are you looking at me like that