Hearing from both sides. Here’s sharing my story, specially with Shiba Inu.
I started playing in crypto (aka not serious and hardly in the investment mindset) easily around 10 years ago with BTC and ETH. Made a bit of money from the early gains but obviously got my fingers burnt as part of the journey especially with some memecoins.
Cue the dad who’s the absolute traditionalist in investing. You know, the profile where they will nicely add $50 to a bank acc per month for decades and see anything else as speculative. Not wrong but this prob worked better say ten years ago when costs were down and salaries weren’t out of whack.
I was into memecoins some point and when I saw some potential in Shiba Inu, I asked him for a sum to play / take it as a gamble / was what I told him and as luck would play it right, I nicely hit the pump and sold near to ATH. This was purely luck and nothing to do with any competency of mine.
He was intrigued when he saw the profits but I told him if I was simply 2 days late we would have been exit liquidity.
Now , years later he would ask me about crypto now and then, I won’t take him money to play and simply tells him it’s good to simply at least be exposed to or educated to crypto, and really , we are still in the early stages of adoption even for something more than a decade old.
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