I'm seriously scared. I live in Boston and everyone I know is invested in this t...

dang · on May 9, 2021

Could you please stop posting unsubstantive comments to HN? and if you've created an account to do that with, please don't do that.

https://news.ycombinator.com/newsguidelines.html

bboygravity · on May 9, 2021

If you're keeping your USD in a savings account I would rather worry about myself if I where you.

danaris · on May 9, 2021

If I keep my money in a savings account, the worst that can happen to it is that inflation slowly, slowly erodes its value.

If I keep my money in a stock, the worst that can happen is its value craters tomorrow.

If I keep my money in a cryptocurrency, the worst that can happen is the wallet site gets hacked, the value craters tomorrow, or the government outlaws converting it back to something you can actually exchange for non-darknet goods and services.

herbst · on May 9, 2021

This. My USD loose value every day, while my crypto just grow. It can turn I know that, but right now and basically the last 2 years one by far outperformed the other.

Just compare against a different strong currency to see how fragil the USD is

55555 · on May 9, 2021

> Just compare against a different strong currency to see how fragile the USD is

I just did. What are you talking about? Please link me to graphs.

> My USD loses value every day, while my crypto just grow.

I have a good amount invested in crypto, but look at the chart man. We are in-or-approaching bubble gain% levels.

herbst · on May 10, 2021

CHF ex. 1$ is like 0.91 CHF right now, was about 0.94 before Boden raised the taxes and closer to 1$ before trump.

Meanwhile the value of ETH doubled since Bidens tax raise.

Sure it's going to crash, but I'd be stupid to invest money in something that is already crashing for months and years

hackerbabz · on May 9, 2021

Dogecoin will lead to a campaign of forced starvation and genocide?

refurb · on May 9, 2021

Very poor use of Holodomor.