Donât feel too bad. There was a guy on TV the other night who lost half a million bucks in FTX. I wonât repeat what I said when I saw that, but it wasnât very complimentary towards him.
One of the big problems we have with crypto is that it is universally accessible. Literally any idiot can have some. And most really donât understand what theyâre getting into, and are too lazy or stupid or both to find out. So they fall for hype and marketing glitz and end up being victims.
This is distressing on many levels, and we try really hard around here to steer people towards better outcomes. But you can lead a horse to water⌠you canât make him drink, yâknow? đ¤ˇââď¸
That would be a pretty dumb thing to do.
NEVER go all in on anything!
Yeah, I totally did that.
Whups?
Donât feel too bad. There was a guy on TV the other night who lost half a million bucks in FTX. I wonât repeat what I said when I saw that, but it wasnât very complimentary towards him.
One of the big problems we have with crypto is that it is universally accessible. Literally any idiot can have some. And most really donât understand what theyâre getting into, and are too lazy or stupid or both to find out. So they fall for hype and marketing glitz and end up being victims.
This is distressing on many levels, and we try really hard around here to steer people towards better outcomes. But you can lead a horse to water⌠you canât make him drink, yâknow? đ¤ˇââď¸
I know what I'm doing and don't play with money I can't afford to lose, all good here.
Cool, but youâre definitely in the minority. So many people need to learn, yâknow?