That’s true… BTC returned 100% per year since 2017 (thanks to ChatGPT for the math).
But I would presume a regular Joe didn’t YOLO $100k into that, either.
I guess my original point was: there is no realistic way a retail investor walked away from a $100k investment a multimillionaire after 8 years unless they took an enormous, absurd punt.
If you invested $100K in Microsoft (one of the safest and most valuable and boring company in the world at the time) in 2017 and held, you’d not be a multimillionaire, but you’d be a millionaire. People really underestimate how crazy the asset bubble has been over the last decade.
Esophagus4|5 months ago
But I would presume a regular Joe didn’t YOLO $100k into that, either.
I guess my original point was: there is no realistic way a retail investor walked away from a $100k investment a multimillionaire after 8 years unless they took an enormous, absurd punt.
darth_avocado|5 months ago