5 ms·

You're experiencing a classic case of selection bias. You're much more likely to hear about the person that got rich trading crypto rather than the person that

You're experiencing a classic case of selection bias. You're much more likely to hear about the person that got rich trading crypto rather than the person that lost a lot of money trading crypto.

DoreenMichele 5y ago
^ I'm quite open about my poverty. People literally do not want to hear it.
- skinkestek 5y ago
  as someone who is always happy to see your comments: you are interested to me, not because you are poor but because of what you achieve while being poor. (And if I could choose I'd rather w7sh you were not poor.)
  - DoreenMichele 5y ago
    Yeah, I'm a nega-millionaire. The millions my little family should have spent on medical care and didn't is, on the one hand, better than the path I should have been doomed to. On the other hand, I still can't pay my bills and the absence of millions of dollars worth of medical care and an early death falls under "absence of evidence" or some garbage. It does nothing to give me credibility. It's a nice little headfuck that has one silver lining: I am not impressed by anyone's net worth. Period. End of sentence.
    - imtringued 5y ago
      If that net worth consists of land it isn't worthy of praise at all until it is taxed according to its monopoly power. The Germans would say "Ownership has its responsibilities".
- CozyBearNotSoy 5y ago
  I experience this as well. I try to balance the good with the bad, but any talk at all of life's struggles is just "too much negativity" for many people.
- meiraleal 5y ago
  Why would someone *WANT* to hear it? People that care about you might want to hear if it comforts you, but random people? What would it be, an advice? or to give you an advice? (most) people like to hear and share good stories. The bad ones we share with friends at maximum. Because they might really care about it.
nunez 5y ago
or the people who made or lost basically nothing trading crypto or riding GME or whatever the lottery effect
guidovranken 5y ago
This isn't just selection bias. At this point you can buy random crypto/stocks/real estate almost blindly and just hold onto it and see its value appreciate more every day. There are occasional dips but on average there's a massive upwards trend.
- antasvara 5y ago
  I'm not implying that growth is impossible; on the contrary, investing your money in stocks/real estate/crypto can generate consistent returns over a long time period. I just interpreted OP's words as meaning more of a "get rich quick" type thing.

You're experiencing a classic case of selection bias. You're much more likely to hear about the person that got rich trading crypto rather than the person that lost a lot of money trading crypto.

DoreenMichele 5y ago

^ I'm quite open about my poverty. People literally do not want to hear it.

skinkestek 5y ago
as someone who is always happy to see your comments: you are interested to me, not because you are poor but because of what you achieve while being poor. (And if I could choose I'd rather w7sh you were not poor.)
- DoreenMichele 5y ago
  Yeah, I'm a nega-millionaire. The millions my little family should have spent on medical care and didn't is, on the one hand, better than the path I should have been doomed to. On the other hand, I still can't pay my bills and the absence of millions of dollars worth of medical care and an early death falls under "absence of evidence" or some garbage. It does nothing to give me credibility. It's a nice little headfuck that has one silver lining: I am not impressed by anyone's net worth. Period. End of sentence.
  - imtringued 5y ago
    If that net worth consists of land it isn't worthy of praise at all until it is taxed according to its monopoly power. The Germans would say "Ownership has its responsibilities".
CozyBearNotSoy 5y ago
I experience this as well. I try to balance the good with the bad, but any talk at all of life's struggles is just "too much negativity" for many people.
meiraleal 5y ago
Why would someone *WANT* to hear it? People that care about you might want to hear if it comforts you, but random people? What would it be, an advice? or to give you an advice? (most) people like to hear and share good stories. The bad ones we share with friends at maximum. Because they might really care about it.

nunez 5y ago

or the people who made or lost basically nothing trading crypto or riding GME or whatever the lottery effect

guidovranken 5y ago

This isn't just selection bias. At this point you can buy random crypto/stocks/real estate almost blindly and just hold onto it and see its value appreciate more every day. There are occasional dips but on average there's a massive upwards trend.

antasvara 5y ago
I'm not implying that growth is impossible; on the contrary, investing your money in stocks/real estate/crypto can generate consistent returns over a long time period. I just interpreted OP's words as meaning more of a "get rich quick" type thing.