Did I tell you about my college friend and what that dumbass did a few years back with Bitcoin?
Bitcoin was rapidly rising, it was around the 15k mark. My buddy Ryan, a lawyer mind you, decided he’d jump in. He jumped in around the 12k mark and was trying to talk me into it, I decided it was too risky then having just gotten back on my feet from a layoff. Anyway, it skyrocketed to 20k, duded decided to take out a second mortgage on his home, roughly 150k, and dumped it all into Bitcoin.
2 months later, Bitcoin plummeted to less than 3k, Ryan panicked and sold all his Bitcoin for a huge loss. I tried to tell him to ride it out at that point but he panicked. He later had to declare bankruptcy over it.