4 ms·
What was his crypto strategy?
by mherdeg 4y ago
What was his crypto strategy?
- 0xbadc0de5 4y agoI'm sure you can guess - basically boils down to the usual combination of "buy the dip" and "line goes up" that you often hear repeated on various YouTube channels and sub-Reddit's. In his defence, he did not use the phase "to the moon" even once. We did probe a bit, out of morbid curiosity, he was down something like 50%. There wasn't much deeper knowledge of the technical aspects of crypto or the various implementation differences, key management, etc. Not to mention traditional investing ideas like volatility and risk. For all appearances, just looks like a victim of the hype. He does do good reno work though and we pay him well for it. If he wants to buy magic beans with it, that's up to him.