News for hackers. Stuff that matters.

A comment on Ethereum Protocol Developer Holds $115k Worth of DAO Tokens. Parent comment

Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by ryanlol on Wednesday June 29, 2016 @09:51PM (#12006092)
My friend invested $5000 at a blackjack table in Macau, at one point his $5000 had increased to $40000. He ended up walking away with $2000.

The difference between the two stories is that my friend friend had a really good time. Why? Because he knew that he wasn't "investing", he was gambling. If your friend is gambling with more than he can afford, he has a gambling problem and should seek help.

[ Parent | on HN ]
Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by dmix on Wednesday June 29, 2016 @09:57PM (#12006107)
Indeed, I have as much sympathy as your friend as someone who stresses over his 'investments' in alpha quality cryptocurrency software.

The primary motivation should be investing in technology and the concepts behind it, not looking for instant-rich ROI.

[ Parent | on HN ]
Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by curiousgal on Wednesday June 29, 2016 @10:17PM (#12006183)
That is precisely how I trade. My positions depend on my long-term belief in the technology, if I believe in it then the general direction of my positions will reflect that. I'll short it, yeah but I'll always have a stash.
[ Parent | on HN ]