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by koonsolo 1254 days ago
> ten thousands of dollars lying around that I could have invested in 2014

Neither did I, nor would I invest so much. $50 would have given you $5000.

> Any person who actually needs their money can't invest into something like that.

The trick is to keep high-risk investments very low. Let's say you have some money you are saving up. You could invest 1% of that in a high risk thing such as crypto. When it goes to zero, you only lose 1%. However, when it does the bitcoin thing and goes x100, you just doubled your total savings.

I agree that when you are in highschool and put $20 or $50 in that, it's a gamble.

But just to be clear, I have nothing against people not investing in crypto. I have a problem with all the people here that seem very resentful and just hope to see everyone in that space lose money.