1y ago

I'll be spending Christmas with Lemmy this year, thank you

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

58 comments

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.
- Yeah, literally just alternative currency at this point for me too.
  
  That was always the point of it.
- 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.
  
  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.
  
  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.
  
  Is gambling investing in a company?
- "Bitcoin isn't a get rich quick scheme, it's a don't get poor slowly scheme."
  — Jameson Lopp
  
  can't get poor slowly if it happens quickly

58 comments