@TheImpressiveX@lemmy.ml to Asklemmy@lemmy.ml • 7 months agoWhat is your "I could have been rich" story?message-square99fedilinkarrow-up175
arrow-up175message-squareWhat is your "I could have been rich" story?@TheImpressiveX@lemmy.ml to Asklemmy@lemmy.ml • 7 months agomessage-square99fedilink
minus-squareFlashMobOfOnelinkfedilink4•7 months agoI made six months’ worth of rent off the 2017 surge. I sold in the 18k range, because people’s greed at the time was legit scary. I knew a guy who took out a second mortgage on his house to buy more $18,000-priced BTC.
minus-squarebizarrolandlinkfedilink7•7 months agoAnd if he still had it now he would have tripled his money lol
minus-squareFlashMobOfOnelinkfedilink7•7 months agoOr been unable to pay his bills and been forced to sell at 4k / coin. Crypto’s too volatile to put that much risk into it, if you ask me.
minus-square@wazoobonkerbrain@lemmy.worldlinkfedilinkEnglish1•7 months ago Or been unable to pay his bills and been forced to sell at 4k / coin. I’d default on the bills and keep the bitcoin.
I made six months’ worth of rent off the 2017 surge. I sold in the 18k range, because people’s greed at the time was legit scary. I knew a guy who took out a second mortgage on his house to buy more $18,000-priced BTC.
And if he still had it now he would have tripled his money lol
Or been unable to pay his bills and been forced to sell at 4k / coin.
Crypto’s too volatile to put that much risk into it, if you ask me.
I’d default on the bills and keep the bitcoin.