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by pinkybanana 1763 days ago
What has really helped me to relax with my crypto holdings was reading couple of cancer stories. Basically as how nature is, cancer can come any time and take anyones life away. Just treat Bitcoin as the nature, but a less severe version as you won't die if you lose your crypto.

That said, crypto loss is very preventable. Lots of people have put lots of effort to make holding bitcoin/crypto more secure.

1 comments

This seems like a glowing endorsement to not use cryptocurrency.

“Well, you know, sometimes you die”… doesn’t seem like good investment or fiat currency plan.

People in invest in crypto because the gains have been ridiculously good. However some people have lost their money because of bad security or scams. You can mentally it like, you invest $1000, plan to exist when the value hits 10x and have 5% probability of losing it all, you can calculate the expected value and decide if the risk is for you.

Better analogy would be "it is not worth living because you might die"