All Things Crypto

ATC quote · Aug 22, 2024 · 1:30:51

“I mean, you have 800,000. It's not like you're short on liquidity here. Like, what are you kidding me? Like, you can make some sizable plays and do really, really well.”

Dave @DCBK2LA (speaker unconfirmed)

From ATC: All Things Crypto Sponsored by $THON on @sunpumpmeme, Aug 22, 2024 · Episode page

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1:30:19 NatNat @Natnatx007 (speaker unconfirmed): Over 1,000,000. He would've... If if snow would've went up, he would've made definitely over 1,000,000 for sure. But that's the gamble that you take. Right? There's no guarantee that the stock price is going to move up even on an earnings win. Right? And it's... It just blows my mind that people don't understand that. Right? And it's so sad. We see a lot of it even more. Right? And my thought process is, okay. Hold…

1:30:51 Dave @DCBK2LA (speaker unconfirmed): I mean, you have 800,000. It's not like you're short on liquidity here. Like, what are you kidding me? Like, you can make some sizable plays and do really, really well.

1:31:00 NatNat @Natnatx007 (speaker unconfirmed): Exactly. Or he could have split it up in different plays just to, like, diversify to hedge against any downside. Right? That could have been a good move too. But this this falls back on financial literacy. Like, people are just buying stuff to buy and buying what they see on Reddit versus doing their own research and educating themselves. It's a dangerous, dangerous world if you don't know what you're doing.

Show discussion only, not financial advice. Transcripts are auto-generated.