There have been a few of these now. One was posted in the pub, then I happened to be googling something else and this popped up. We need fewer stories of people risking their entire net-worth and more stories of DCAing/smart investing like our boy teaches.
Not all press is good. Imagine someone coming across this article at the end of December and putting their life savings into Crypto. Only to exit broke, bewildered, and swearing off crypto forever. Imagine this business insider story except the kid took his 12k to the casino and just kept letting it ride on Roulette? Does that seem like responsible investing?
I am sure we will see more of these so if you are talking with your friends about Crypto be sure to either send them to the pub to learn first or at least have them DCA. Seems like there were quite a few in the pub considering making emotional decisions on this last dump cause they bought in so high. Imagine if they didn’t have the pub as a support line. yeessh.