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Investing 101: never invest more than you can afford to lose. I shorted ether after this whole debacle started but the fact it's still trading above $10 is min
by curiousgal 10y ago
Investing 101: never invest more than you can afford to lose.
I shorted ether after this whole debacle started but the fact it's still trading above $10 is mind-boggling. I believe in the technology and that this will benefit it in the long-term but for now, it's either in one huge bubble or someone is fixing things up.
- jfoutz 10y agoEven more important, Never speculate with more than you can afford to lose.
- fleitz 10y agoAll investing is speculation.
- jfoutz 10y agoill agree nothing is zero risk. But there is way safer stuff than DAO
- fleitz 10y agoFully agree, I worked with the real jr mining industry, it's the exact same kind of bullshit. Why not just call it BreX coin and drop the pretense?
- soconfused1 10y agoTheDAO was explicitly a bad investment, it was like investing in Slockit but without having any actual shares or legal recourse.
- NickNameNick 10y agoAlternatively: A market can afford to be 'wrong' for longer than you can afford to bet against it.