When I first bought crypto, I put in just enough that if I were to lose it all, it would mean one vacation less and a fewer more meals at home for a few months.
The returns are absurd enough that a $10k investment can be life changing. Anything beyond that is just greed and stupidity.
Not all the scams are that obvious. Once a company has a lot of money, it is assumed they have some stability. Celebrity endorsements don't hurt either. There were even stadiums named for the stuff. And Stablegains said in large print that the investments were diversified while the small print said they were putting everything into Luna and would diversify later.
I guess I’m a real dumbass. :-)
some people 100xed on crypto
My life is completely unchanged. I still work everyday.
I’m just waiting for the collapse of civilization now myself.
Most of the good traders I know managed to cash out 30-90x. All within two years.