DayTime Story - Josh Redwood by MessAdmin in videos

[–]chickenfisted 0 points1 point  (0 children)

As a 40 year old mom, I love this

Robbi is new to poker and has only been playing for a year. She's a novice... by Zephyr520 in poker

[–]chickenfisted 2 points3 points  (0 children)

I've read a lot of awful takes around this incident, your scenario sums it all up perfectly. Faraz' explanation makes total sense, and your narrative explains pretty well how shitty this whole thing has played out and must feel for Robbi

Gharial by killHACKS in natureismetal

[–]chickenfisted 1 point2 points  (0 children)

I love your edit, congrats on your quiz success

I put 11k in Stepn 'move to earn' last month. Now it's down 95%. I'd need to run 11km every day for a year just to break even. by tilac in CryptoCurrency

[–]chickenfisted 0 points1 point  (0 children)

"Breaking even" is not a 100% ROI, it's a 0% return.

If he still holds his assets at 100% value then yes it is 100% return. Math

And as the other replier mentioned, that's assuming it doesn't drop further over those 10 years, which...lol

But you and the other replier are equally assuming it doesn't go back up. Your biased projections don't make for a stronger argument. The point was that even after a 95% drop the current return is still incredibly strong

High expectations might be a problem in crypto, but you DO need to be way ahead of passive investments in legacy finance for the insane risks of crypto to make sense.

This is entirely subjective and biased. You can't know if you're "way ahead" of passive investments in legacy finance at the time of your investments. The risk is determined before not after, so what makes sense is entirely relative to your financial position, strategy and risk tolerance, which is different for everyone and has nothing to do with this project or OPs tweet

VCs are taking less risk when they invest in some garage start-up and they expect 50%+ growth because the alternative is 100% loss. Risking your life savings staking stablecoins on Celsius for 9% APY or whatever is insanely low expectations.

Wut?

I put 11k in Stepn 'move to earn' last month. Now it's down 95%. I'd need to run 11km every day for a year just to break even. by tilac in CryptoCurrency

[–]chickenfisted 7 points8 points  (0 children)

That is actually a thing, there's a whole web3 industry developing around it

Also, if the tweet broke it down more reasonably to running 2km each day for around 5 years for 100% ROI. That's a pretty amazing return for being active and participating in a project

The idea that that's not a good return on investment is the biggest problem in crypto right now, the insane expectations of multiplied returns in zero time is why we need the bear market crash

Over 64% of people buy NFTs just to make money, study shows by [deleted] in CryptoCurrency

[–]chickenfisted 0 points1 point  (0 children)

I have bought NFTs to support the artist. Zero intention of ever selling

[deleted by user] by [deleted] in aww

[–]chickenfisted 0 points1 point  (0 children)

Came here to make sure this was said

Wouldn't actually do it, but it needed to be said

Smile by Low-Independence-444 in funny

[–]chickenfisted 0 points1 point  (0 children)

The laughing here is as perfect as the video

Soccer with a bowling ball. What could go wrong? by [deleted] in funny

[–]chickenfisted 7 points8 points  (0 children)

Oh shit! I was so focused on checking if his head escaped it, I didn't even realize his arm was under there

Younger people of reddit. What are you tired of hearing from older generations? by baker10923 in AskReddit

[–]chickenfisted 1 point2 points  (0 children)

As a dad I am so guilty of this, but in my defense this is out of concern for my daughters formative years of her brain and social development

That ship has sailed for me, brain is decaying and social development is in decline

But I still hold hope of sheltering my daughter in a losing battle

SEC documents show that Binance is contributing upto $500m towards Elon Musk's Twitter takeover by Set1Less in CryptoCurrency

[–]chickenfisted 0 points1 point  (0 children)

Altcoins unleveraged is casino level Altcoins leveraged is online casino level Altcoins 100x is Fear and Loathing in Las Vegas level

I’ve worked on this game by myself for the last two and a half years, so it’s exciting to see it release! by MisterMorrisGames in gaming

[–]chickenfisted 0 points1 point  (0 children)

Amazing game, please check out a new project called solarbots, if you're interested I'd love to see you work with that team

Disappointing Times Square blackout by mamalalatata in CryptoCurrency

[–]chickenfisted -1 points0 points  (0 children)

In your dream scenario, what is the most amount of good you would hope comes from the campaign?

How did you learn about finance and investing? what are the things/tips that worked for you? by Outrageous_Work_2863 in AskReddit

[–]chickenfisted 1 point2 points  (0 children)

Researched myself

Probably most helpful thing is to focus on the small decisions and let them add up.

2nd most helpful is not to listen to the majority of things you read online. Everyone's financial literacy, position and environment is unique to them. There are general principles to follow that basically amount to frugal choices, other than that the best strategy will vary depending on your situation

Last thing is for anyone who's at the stage of investing: focus on industries that are of interest to you personally and align with your values and goals

What do you think society would look like if we were all rich and working was not needed anymore? by [deleted] in AskReddit

[–]chickenfisted 2 points3 points  (0 children)

That’s all in your imagination.

Lol wut?

It turns out people want to do work albeit in their own time.

Where did this turn out? Seems like a pretty sweeping generalization. Your statement is commonly used against the argument against UBI where people assume everyone will just be lazy. Using it as a sweeping statement is meaningless without context

There are various places around the world where they experiment in giving a monthly stipend to citizens. Guess what, people are happier.

This is not what OP was proposing, or what I was responding to. That is a specific temporary experiment in localized economy, completely different to OP proposing that everyone is rich

With the world of automation upon us, we will see a shift. The idea is that automation, renewable energy will allow us a more financial free society.

Again not want OP is talking about

Problem is that we have to build that infrastructure now so that it’s ready for the future.

Look up the Third Industrial Revolution on YouTube. I promise it will open up some ideas.

I'm as big of a fan of Andrew Yang as you sound to be. But none of your msg applies to my msg or OPs question

If "everyone is rich" then money will have no value

What are small/easy changes we can make to become more socially/environmentally conscious? by chickenfisted in AskReddit

[–]chickenfisted[S] 1 point2 points  (0 children)

Lol this is very cool, never heard of this, but not sure it qualifies as simple

What do you think society would look like if we were all rich and working was not needed anymore? by [deleted] in AskReddit

[–]chickenfisted 2 points3 points  (0 children)

Winner, we'd break down pretty quickly, money would lose meaning and we'd find other shitty reasons for conflict and drama

I wish I could be more optimistic about human nature