Sam (crazy candle person) ✦ on Warpcast

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https://warpcast.com/~/channel/samantha

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Sam (crazy candle person) ✦ pfp

Sam (crazy candle person) ✦

Does anyone feel like crypto has distorted their relationship with money? After some time I've found myself frustrated with (the lack of growth) of ordinary investments, and I tend to take on greater risks too. I'm still pretty responsible but my investment strategy has definitely changed

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Winston Laoh pfp

It's hard to go back to a 5.15% APY high yield savings account after hitting a 300x on a shitcoin with a picture of a cat.

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↑ j4ck 🥶 icebreaker.xyz ↑ pfp

↑ j4ck 🥶 icebreaker.xyz ↑

I'm supporting you through /microsub! 499 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)

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Mikko pfp

@mikkolagerstedt

Not really, but I think with on-chain money, you take more risks than if it were fiat. On the other hand, I don't buy anything with my crypto income other than withdraw it if it's absolutely necessary. I haven't bought any gear or equipment in the past two years.

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Greg pfp

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Jayme Hoffman pfp

Yes. It makes me feel like traditional money is kinda slow and dumb and that I dont really have a lot of control over it

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Nik (ezbek) pfp

I'm supporting you through /microsub! 17 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)

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Devin Baker pfp

@devinbaker.eth

It definitely makes me value my money more... Like, I'm selling down S&P to fund new things so that I don't touch my crypto hahah

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Frank pfp

Depends on what the crypto is attached to… hard assets [real estate, brick/mortar biz, machine/equipment…] creates a weird relationship with the money cycle… kinda thought this was where Bountycaster was heading; i.e. stake anything

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Commstark 🎩🫂 pfp

Commstark 🎩🫂

Yes 👍 my theory: as humans we’re subject to diminishing margins of returns crypto gets us used to high levels of returns and high levels of loss we need greater returns and losses to feel like we’re winning/working so we move into riskier, all in, style investments that we would never have made pre crypto aka we’re all adrenaline junkies

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Zenigame pfp

Not too much. More than crypto, I think entrepreneurship changed (distorted?) my relationship with money. I'm still ruthless when it comes to cutting, but simultaneously much much more tolerant about investing money to make more money.

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Robotandkid pfp

Not me! my crypto return rate since 3 years ago is basically hovering near 5%. Not negative (relief) but not eye popping. Basically, I haven't been consistently DCA'ing into BTC/ETH. And I initially followed too many of the obvious scams (ex: wonderland). Best crypto investment has been out of all the things, in stable coins 🤷

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agrimony↑🎩 pfp

agrimony↑🎩

tbh real money still feels real, but fake money yeah... like i have lotsa problems spending $250 on a artwork, but 0.1 eth on a jpg? id still consider it

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Double D🎩 pfp

It’s like crypto has turned us all into financial adrenaline junkies. One minute you’re sipping tea, watching your stocks grow at a snail’s pace, and the next, you’re bungee jumping off the crypto cliff😅 Ordinary investments? Oh please

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Archilles ༄ 🎩 pfp

Archilles ༄ 🎩

To be honest Crypto has made me a fast thinker and doer I always spend so much time trying to find the perfect entrance for either a deal or investment But this space as genuinely thought me to be swift with my actions cause every moment you waste in making a decision on here, you can legit lose a whole lot of money

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law pfp

It has I held money with high esteem before(not that i still don’t) But now I’m just like “hey, if it goes, it goes.. I’ll be fine… it’s not the end of the world”

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Hugglemonster pfp

It’s like normal people keep their investments for a year and get like 10% and I just can’t do that anymore because I would expect astronomical returns naturally as someone who is into crypto

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Mai🟪🍖🐹🎩🍡 pfp

Mai🟪🍖🐹🎩🍡

Totally get what you mean about crypto shaking things up with investments. Balancing risk and responsibility is key. Any wins from your new strategy?

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DSSiYPD pfp

Yes nnmy theory:nnas humans we’re subject to diminishing margins of returns nncrypto gets us used to high levels of returns and high levels of lossnnwe need greater returns and losses to feel like we’re winning/workingnnso we move into riskier, all in, style investments that we would never have made pre crypto nnaka we’re all adrenaline junkies

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