TexasHedge on Nostr: “Invest only what you’re willing to lose” is terrible advice because it a) ...
“Invest only what you’re willing to lose” is terrible advice because it
a) Frames investing as gambling
b) Ignores the fact that fiat cash is a position, and a terrible one over any extended timeframe
Published at
2023-07-05 22:40:49Event JSON
{
"id": "8c492d62ff03e15fa9d6caa457159ef0145279f430e36e25341dcf9299245a5d",
"pubkey": "064cf7bf4185c22b4984670c01c40ad6f4c1a60e3a1a19886b6f5ba1a55072a8",
"created_at": 1688596849,
"kind": 1,
"tags": [],
"content": "“Invest only what you’re willing to lose” is terrible advice because it\n\na) Frames investing as gambling\nb) Ignores the fact that fiat cash is a position, and a terrible one over any extended timeframe",
"sig": "e5eecc89692b57a88141a9b05047b7b51bca3946ac2c94ba9baf0ec5d9f81bf30686a9938b7a6dc220608d94833a78f3f26b8d288fecc9037d4de7e5d4a26a08"
}