Quote:
Originally Posted by commas,are,funny
Don't edit what I wrote so as to change the fundamental content. Anyways you're wrong. The lower your net worth, the less careful you need to be about going broke, unless you think your roll is the last money you'll ever hold (it's not, you have an income of $100k in this hypo which you conveniently edited out). According to you someone with $500 should be deathly afraid of losing it, even if they will earn $1mm next year.
well chances are, someone making $100k that only has $50k saved isn't very good at saving money. Obviously the income is relevant, but the point remains that putting 100% of your net worth in crypto is surely not optimal due to risk.
Everyone's situation is different, but I just thought it was dangerous that someone with <$50k net worth might read that.