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Grown2Hate

(2,194 posts)
9. 100%. I had some money to invest a few years ago. Started with DOGE (the coin, not Elon's shitty group)
Fri Oct 10, 2025, 05:59 PM
Friday

because it seemed fun (back when it was like $.04 per coin) and then purchased some Bitcoin and mined some ETH. I don't blink at these falls anymore because I've just held long term and overall I'm up 325%. Hard to beat that. It's HARD ups and HARD downs, but the overall trend is WAY up. And if it all disappears tomorrow? It was money I could afford to lose. I'll enjoy it while it's here and probably cash out when I go to retire if it's still there.

Side note (anecdote): I was talking to the CFO of our company about how I was mining some crypto (years ago) and she said her son does the same. She added, "It's a fun hobby, but that crypto stuff is going to crash HARD". She was right in the short term; I saw it go from about $45000 per coin all the way down to $17000 a coin at that time. Today it's $115000 a coin and that's after a SHARP drop from the all-time high of $125000 per coin just this week!

So, yes, VOLATILE is certainly the right word, but a fun ride if you have a few bucks in it. Just my opinion.

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