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…
Comment on crypto investment
Eyekaytee@aussie.zone 8 months ago
lmao this one so old
www.coingecko.com/en/coins/ethereum
ethereum already been back to 4k like 3 times
Empricorn@feddit.nl 8 months ago
rumba@lemmy.zip 8 months ago
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.
brucethemoose@lemmy.world 8 months ago
Crypto is super volatile, like perpetual RNG volatile, which is a little more out-of-the-way in the stock market.
Eyekaytee@aussie.zone 8 months ago
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 🫠
zewm@lemmy.world 8 months ago
Nice hands. Are they made of paper?
Vanilla_PuddinFudge@infosec.pub 8 months ago
lemmy openly talking about cryoto
bearish as fuck
WiseWater@piefed.world 8 months ago
So they really did fix it for their mom! That's a nice kid!