Comment on crypto investment
LifeInMultipleChoice@lemmy.dbzer0.com 1 month agoThat’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.
Comment on crypto investment
LifeInMultipleChoice@lemmy.dbzer0.com 1 month agoThat’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@feddit.nl 1 month ago
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.
Kazumara@discuss.tchncs.de 1 month ago
Something is amiss there. Your years seem about a thousand times too long
Swedneck@discuss.tchncs.de 2 weeks ago
not their fault you have shitty short-ass years, get longer years bro
huppakee@feddit.nl 1 month ago
Yes oops
thermal_shock@lemmy.world 1 month ago
Jesus, just take the 5% on the million and be happy lol.
LifeInMultipleChoice@lemmy.dbzer0.com 1 month ago
I’ve reviewed my budget and decided this is doable. 1,000 rials a day till I die.
If I live for 40 years more, and it doubles in value, I’ll have $695 when I die!
huppakee@feddit.nl 1 month ago
Somehow i assumed you were talking about dollars or euros. I have heard of this strategy (dollar cost averaging) by buying the same amount on a frequent basis. But i myself would be inclined to spread the risks too though. Best of luck accumulating that $695 though!
LifeInMultipleChoice@lemmy.dbzer0.com 1 month ago
Oh no I was talking about U.S. dollars, then I had to fix it to fit my budget of rice and beans haha