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RE: Why I Always Encourage People To Lose Money

in HODL4 years ago

Thing is, at least here in the UK, you are losing money by not spending or investing it anyway because interest rates are below inflation. But everyone seems fine with that so I'll leave them to it whilst I get called crazy for giving alternative investments a go 😁

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Same here even if people don't understand the fisher effect, we have 4.6 reported inflation but its way more than that and your return is like 1.9 - 3.2% based on the various rates I see. Purchasing power eroding, so you lose if you don't play, so you might as well try playing somewhere else and spreading your ability to lose

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My ability to lose is spread far and wide in crypto 😂 next year it will be spread even more into buying a house. You got to be in it to win (lose) it hey!

Lol spread it like your first day in prison :P

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LOL! Operation "Drop the Soap" in full effect

LOL stacking in the old "prison wallet"

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Haha! that really is cold storage right there

LOL what better place to keep your private key than your private parts