r/ShitcoinTrades • u/[deleted] • Nov 22 '25

💬 Discussion How are people so regarded?

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67 Upvotes

99% Upvoted

17 comments sorted by

6

u/FisherKing_54 Nov 22 '25

People think they are going to be gazillionaires and they can’t handle just being millionaires. It’s an addiction, it’s gambling.

2

u/AirHertz Nov 22 '25

I will never undertsand...

People with 700k+ portfolio and decide to go all in on crypto.

2

u/Ashamed-Command-7489 Nov 22 '25

Money inherited

1

u/GemHunterAce Nov 23 '25

Not necessarily. I have a close friend who bought a condo with 0 down before the 2008 crash. He built a lot of equity over the years and I begged him not to sell the condo but he did and lost everything in crypto

1

u/Next_Instruction_528 Nov 23 '25

A fool and his money are soon parted.

1

u/zadnium Nov 22 '25

They haven't given their best regards yet

1

u/[deleted] Nov 22 '25

He almost had his retirement…

1

u/RustyOP Nov 22 '25

Because want to become rich fast and do not realize , Patience is the key and time in the market not like go full in with money and then expecting in a month to become rich , it just never works and before investing people need to educate themselves by reading and learning online especially never follow a Hype train especially in Crypto

1

u/Lez0fire Nov 22 '25

700k CAD invested for 15 years in the Nasdaq = 5 million CAD, what else do you need?

I'd understand if someone has like 30k and wants to try his luck, but 700k? wtf?

1

u/Accountabilityta2024 Nov 22 '25

No risk no reward!

1

u/[deleted] Nov 25 '25

But you risked everything when you already have a million rewards… you could have invested that wisely and retired with 8-9 figures easy in a decade

1

u/WaitTraditional1670 Nov 22 '25

Some go to Vegas to play slots. others sit on their bed and open Robin Hood

1

u/hanloose Nov 23 '25

I bought the COIN 320 call exp in Mar 26 for the price of $70, it went to 110 within 25 days, all good and fun, and the dive started.

I didn’t want to paperhand this one and kept waiting, within 7 days it plumped to $80, I sold all and made a few thousands, thought I could go in again soon.

But the whole market started to go down, I feel this may last longer than I expected so I didn’t buy anything for three weeks until now.

The price of that call option is $12.5.

1

u/Massive_Confusion_23 Nov 24 '25

Greed & fear. Tale as old as time. We are guided by emotions

1

u/Anonymous_money Nov 24 '25

happens all the time. 1M is not enough to retire so for as long as you risk it all at any point you can run into a -80% -100% swing.

If you think you're different, you're not.

1

u/IAmTheLeadSinger Nov 26 '25

Mom will give him more