this post was submitted on 24 Jul 2025
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Lemmy Shitpost

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[–] Washedupcynic@lemmy.ca 13 points 1 day ago

"This is why we don't love you." Bitch, you better not need end of life care from me; you will find out about my lack of love for you.

[–] finitebanjo@lemmy.world 18 points 1 day ago (1 children)

Currently worth $3,642.07, but yes 4k was a stupid buy.

[–] RichardDegenne@lemmy.zip 11 points 1 day ago (1 children)

If it were 10k it would have been a genius buy though!

[–] finitebanjo@lemmy.world 5 points 1 day ago (2 children)

No, it wouldn't. 2k would have been. Buying at the all time peak is ALWAY a stupid buy, idc if it does take off after.

Like playing the slot machines hoping for a jackpot.

[–] tomi000@lemmy.world 0 points 1 hour ago (1 children)

'Tell me you know nothing about the stock market without explicitly saying so'

[–] finitebanjo@lemmy.world 1 points 17 minutes ago

Keep waiting for that AMC gamma, dolt.

[–] UnderpantsWeevil@lemmy.world 10 points 1 day ago* (last edited 1 day ago) (7 children)

Buying at the all time peak is ALWAY a stupid buy

If you bought NVIDIA at $43/share on September 1, 2023 you were an absolute dipshit.

If you bought Palantir at $35/share on January 29, 2021 you were a total moron.

Meanwhile, Bear Stearns at $60 in March of 2008? A fucking steal. Buy! Buy! Buy!

Like playing the slot machines hoping for a jackpot.

I always read the prospectus on a slot machine before I put money in. Strangely enough the p/e on these things is amazing, but I never make any money on my trades.

[–] HenryDorsett@lemmy.world 2 points 1 day ago (1 children)

I'm curious as to how much casino's rig their shit.

MIL is a gambler, a bad one too. I don't think numbers will help her, but my wife could use them to try to dissuade her mother. At least, deter. Damage control.

Do you have any documentation?

[–] InternetCitizen2@lemmy.world 2 points 1 day ago (1 children)

You should get her a cheap steam deck with Balrato. Might help.

Also: Nevada gaming regs for slot machines

And: Darknet Diaries Jackpot episode

[–] HenryDorsett@lemmy.world 2 points 1 day ago

Not interested in Balrato.

A steam deck is also out of reach for now.

Thanks for the regs, and I hadn't check that podcast out in a while. Good reason to get back it!

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[–] AoxoMoxoA@lemmy.world 7 points 1 day ago

Mom buy AMC ,you have no idea what's about to happen 🦍🚀

[–] demizerone@lemmy.world 7 points 1 day ago (2 children)

Welcome to holding the bag. Never listen to family.

[–] GreenKnight23@lemmy.world 6 points 1 day ago

this is the whole reason why I don't give financial advice to people, and when they press me for it I tell them

your money is your money, I'm telling you this because you need to be responsible for your own finances. all investments are bad and you will lose money. it's up to you to identify if this information is helpful or not to you. what works for me may not work for you. there is never a "sure thing* and don't risk more than you can afford to lose.

[–] UnderpantsWeevil@lemmy.world 1 points 1 day ago

~ Howard Graham Buffett

Aaah classic. Forgot to prefix it with:"this is not financial advice"

[–] rumba@lemmy.zip 9 points 1 day ago (4 children)

Wait three months?

Prob not going past 4k anytime soon though so maybe sell at 3800 and put it into a utility company?

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[–] JackbyDev@programming.dev 6 points 1 day ago

If you can't handle investments being volatile then only invest in bonds, CDs, and savings accounts.

[–] yermaw@sh.itjust.works 43 points 2 days ago

Easily fixed with a screenshot of a faked Elon tweet about Eth being so undervalued right now.

Drop that shit on r/wallstreetbets and sell about 30 minutes later.

[–] LifeInMultipleChoice@lemmy.dbzer0.com 79 points 2 days ago (5 children)

I had to check, I never knew Ethereum got that high. It's apparently at 3,600 right now. It passed 4000 twice, hasn't dropped to 1,000 after those but looked like it was at 1800 or something after the crash in 2021.

They had to buy at its absolute peak. Sheesh. Guess if they sell now they only lose like 10%.

[–] UnderpantsWeevil@lemmy.world 5 points 1 day ago

They had to buy at its absolute peak.

That's when all the Superbowl ads were saying to invest.

[–] ZoteTheMighty@lemmy.zip 2 points 1 day ago

Yeah, this meme is ancient. Hope the mom never sold.

[–] match@pawb.social 30 points 2 days ago (1 children)

if they were the type to buy at 4000 they probably already sold at <2000

[–] LifeInMultipleChoice@lemmy.dbzer0.com 14 points 2 days ago (2 children)

That's why you have to buy every day and never sell. Just throw 1,000 in every day for the rest of your life and it'll be fine.

[–] huppakee 10 points 2 days ago* (last edited 1 day ago) (5 children)

1,000 x 365 ~~,000~~ = 1,000,000 every three years so as long as crypto market doesnt collapse you will die a multimillionaire. You'll also live broke, but that's just something you have to accept.

Edit: there are 365 days in a year, not 365,000. My mind went like 1,000 x 365 = 365,000 = a third of a million. Or a million every three years.

[–] Kazumara@discuss.tchncs.de 4 points 1 day ago (1 children)

1,000 x 365,000 = 1,000,000 every three years or so

Something is amiss there. Your years seem about a thousand times too long

[–] huppakee 1 points 1 day ago
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[–] Zaphod@discuss.tchncs.de 2 points 1 day ago (1 children)

There's no loss if you don't sell

[–] Pyr_Pressure@lemmy.ca 11 points 1 day ago (1 children)

If you never sell it's a 100% loss since you can never use that money for anything ever.

[–] JackbyDev@programming.dev 3 points 1 day ago

Yeah, it's funny that people say no loss until you sell. I get the joke but they're ignoring that under that definition the purchase was a loss lol.

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[–] exu@feditown.com 87 points 2 days ago (5 children)

Don't worry, I have TACO on quick dial and he'll fix the crypto

[–] SpruceBringsteen@lemmy.world 18 points 2 days ago (1 children)

In 50 days there's a deal on the table

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[–] ThatGuy46475@lemmy.world 1 points 1 day ago

Ok I’ll buy it back from you

[–] Eyekaytee@aussie.zone 27 points 2 days ago (2 children)

lmao this one so old

https://www.coingecko.com/en/coins/ethereum

ethereum already been back to 4k like 3 times

[–] Empricorn 45 points 2 days ago (11 children)

This isn't the argument you think it is. A boring, S&P 500 index fund investment was also about $4000 at the time. Now it's $6359:

Etherium? Not even back up to that same $4000...

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[–] Darth_Lemmy@lemmy.zip 11 points 2 days ago (2 children)

I think she bought the wrong stuff never heard of etherim

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[–] RememberTheApollo_@lemmy.world 13 points 2 days ago

Hold it. Crypto is senseless. It’ll climb again.

[–] noredcandy@lemmy.world 23 points 2 days ago

Crypto gambling, ftfy :)

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