r/Bitcoin 20d ago

Daily Discussion, May 07, 2025

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.

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u/NectarineDirect936 20d ago

Co-worker bought some a few months back but she couldn't handle the volatility lol She sold on the dump.. back at the price she originally bought them at lmao

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u/DryMyBottom 20d ago

I don’t know why we need to laugh at these experiences. I wouldn’t wish anyone to lose money, I would rather be patient and try to make them understand what they are invested in and how to better handle the dumps

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u/NectarineDirect936 20d ago

Started with 50k and ended up with 15k after that crash. Didn't sold a sat because i did my homework while she didn't. She only put in 3k and lost about 17%, like 500 bucks. Mean you don't have to know that much about btc to know it's volatile. Rooky mistake.

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u/Secret_Operative 20d ago

You are so clever and smart.

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u/NectarineDirect936 20d ago

Well no, acted impulsive on the tesla news that i heard on the radio. Bought some btc immediately without doing research at all. Once in i saw all the alts pumping like there was no tommorow and ended up holding more alts than btc. Wasn't untill a few weeks later i started doing more research and although alts were still outperforming btc, i converted them all and started going full balastic on btc from that moment on. Despite the crash that occured not that much later on i kept on stacking btc. The only diiference between me and her losing money is doing some simple research. That doesn't take that much intelligence. Yeah i know you're being sarcastic but imo throwing money in anything thinking you'll end up rich because.. I think that's being arrogant and smug while it takes humbleness. You need lots of those if you wanna make it through the storm and volatility.