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[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

I invested nearly all of my stimulus check into crypto, some into stocks.

$220k sounds pie in the sky but weird shit happens with crypto. Or we all lose our money tomorrow.

Even people on the crypto reddit discord often "joke" this is a essentially a pyramid scheme. Just don't get left holding the bag.

[–]saidittwice 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

yes if you miss the 5 minutes the speculation drives it that high and then shortly later its at 1/2 what you bought it at and months or longer to get back to breakeven (if ever)