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"You have to know, anything crowdfunded is very high risk. I'm not sure why people even do it if the reward is maybe a product at a discount." I've done it bec
by Broken_Hippo 9y ago
"You have to know, anything crowdfunded is very high risk. I'm not sure why people even do it if the reward is maybe a product at a discount."
I've done it because of a product that seems to actually fit my needs or because it is neat. The one i'm waiting on right now is a 3D printer with laser engraving and carving abilities. If it does a little of what it says it does, it'll be well worth it. Worth it enough to risk the money. At this point, even if I don't get the product, I've had months of ideas pouring into my artsy head and will probably find other ways to do similar things, so I've already benefited.
And sure it is a risk, just by nature. I know I could lose the money, so I don't use money I need to live. It is the same rule I use for gambling, either at the rare casino visit or when playing lottery (the hope tax). The odds are better with this, though, and honestly my spouse and I would spend just as much going to a casino and blowing our money there. Not getting the stuff isn't happy, but in the end isn't a big deal.
If that sort of risk doesn't sit comfortably with you, then it is going to seem silly.