• Empricorn@feddit.nlEnglish
      461·
      3 天前

      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…

      • rumba@lemmy.zipEnglish
        21·
        2 天前

        think it is. A boring, S&P 500 index fund investment was also about $4000 at the time

        The problem with that index fund is it’s slowly going up and to the right, more or less.

        That Etherium is going from < 1500 to > 3800 every 4-6 months.

        Hands off, long term investing funds are good where it’s at if we don’t crash the economy, but there is some cash to be made in crypto if you have spare change lying around.

      • ikt@aussie.zoneEnglish
        114·
        3 天前

        brah i had ethereum when it was $100, i could have $500,000 right now but i sold because i thought a fkin pandemic would cause a recession and stocks to drop 🫠

            • db2@lemmy.world
              6·
              3 天前

              Don’t feel bad, I had whole bitcoins (plural) when the price only had one zero at the end. I did not hodl.

              • bigfondue@lemmy.world
                5·
                3 天前

                Me too I had like three, but it was over 100 at that point. They were in my possession for all of fifteen minutes before they got sent to The Silk Road.

              • boonhet@sopuli.xyz
                4·
                3 天前

                I had fractions of a bitcoin when the zero was at the front of time price I think

                Just felt so pointless. Stopped mining.

                Teenage me could’ve made adult me a millionaire with diamond hands, but this is all shit we can never predict.

      • brucethemoose@lemmy.world
        21·
        3 天前

        Crypto is super volatile, like perpetual RNG volatile, which is a little more out-of-the-way in the stock market.