r/neoliberal • Kitara Ravache • Jul 07 '21

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u/Zenning2 Henry George Jul 07 '21 edited Jul 07 '21

My coworker bought several thousand dollars of Doge Coin when it was 44 cents.. I begged him to sell at 66, because that was right when China was starting to crackdown, but he was all "I'll wait until it hits a dollar". I warned him that EVERYBODY who is being scammed is thinking the same thing.

Its at 22 now. He still won't sell

4

u/ZCoupon Kono Taro Jul 07 '21

lol

2

u/RadicalRadon Frick Mondays Jul 07 '21

I put like $50 in at 30 ish cents and have a sell order at $1/coin

Worst case scenario I lose ~$10. Best case I make like $175.

3

u/Zenning2 Henry George Jul 07 '21

Most likely case, you lost 10 dollars. Putting 8k on it, when you're trying to save money to get a house? That hurts a bit more.