RE: Will you invest $7 million in a meme coin?
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Will you invest $7 million in a meme coin?
Probably not. Then again, I don't have 17 million, so I don't, maybe I would if I did.
He claimed that the person who asked him to invest the seven million dollars told him that the coin would bring him unimaginable wealth, and of course, greed took over, and he refused to conduct this research
I would farther to argue that this in fact not just greed, but utter stupidity. This should not be coming from someone like me to someone like him because he's clearly richer, but you really can't expect people to treat you as such when you do things like this. Again, he probably had that initial 7 million because he had a much bigger stomach for risk than I do, so idk.
while you could argue that their greed is what brought them the money in the first place, I believe greed should have an elasticity limit.
Exactly what I'm trying to say!
In life, someone probably less richer than you cannot advise you. I think people who are rich have this in-built principle inside them. As for the person, I guess we weren't in his shoes. Howbeit, money can be utterly demonic, sometimes you don't come to your sense until you've done something foolish.
I think this guy counted his profit too early and vested all that money hoping or thinking it'll make him rich. Unfortunately it made him poor.
Sheer stupidity like you've called it.