I'm literally shaking right now. I took out a HELOC on my

Hope you lose your house, op

>>2798045
post some proof if you want pity

invest in knee pads
- Warren Buffet

Get another mortgage and buy the dip

if this isn't a larp, what were you thinking?

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>>2798045
Stop baiting, this board has already gone enough to shit. No one is stupid enough to borrow money to invest in something as crypto, try to find a believable story next time you try to post some shitty bait.

>>2798045
I was LARPing as a scammed poorfag who bought memecoins before it was cool.

you assholes said it was a sure thing

"OP is a small baller punk ass bitch"
-Warren Buffett

>>2798060
it's always a larp

>>2798045
nice, just bought your 100k loan

>>2798045
Cuckshed time OP
Chop chop before the housing market crashes lmao

>>2798072
the funny thing is that there are actually people out there who did this

>>2798067
it would have been believable enough to play along with until you posted this.

>>2798062
OP is bait, but I 100% believe there are retards out there who did this. The first real MSM breakthru for crypto will be "This man lost his house and entire family savings on a gamble, but he's never set foot in a casino. How these "amateur investors" are making big gains - and even BIGGER losses. The danger of Bitcoins. Tonight at 10.

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>>2798053
This

>>2798045

nice, just bought 100k

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>>2798045
Ahahahaha, what a fuckin imbecile. I'm in profit ~ +132k$, because of you, mate, thanks. I was just trying to make a living and guys like you helped me.
I sold all this cryptoshit two month ago, when it was at the very top.
Now I'm gonna sell my current flat and buy new apartments and a new car, and spend some money on chicks and booze.

t.Internet-Jew from one slavic country

Like anyone on this degenerative board owns a house...

>>2798187

Will be a headline word for word one day, almost uncanny how well you have the news anchor diction down.

>>2798302
> I made $130k
> I'm going to immediately spend all of it on things that will cost even more money to maintain

Poorfags will be poor.

>>2798045
You deserve whatever you did. Fuck you. You have to understand there are consequences and down sides. You should fucking set yourself on fire; You greedy fucks are ruining the market.

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it'll be alright

>>2798208
Pure, unbridled, unadulterated GENIUS.

>>2798045
On your home?! Guess what asset is going to crash next.

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>>2798499
> tfw OP loses his shirt over-leveraging on ETH, then the bank loses its shirt over-leveraging on OP's house

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>>2798499

>>2798045
>I took out a HELOC on my home to get into crypto. I am now $100k in the hole

that was dumb.

people don't realise that there is a whole field of professional investment managers that get paid to run beta-neutral portfolio's... meaning people pay good money to NOT be exposed to underlying market volatility.

1000% movement over months = a metric shit tonne of volatility.

Even IF the long term trend is up (which i don't believe it is with ETH for reasons i've posted previously) the underlying volatility makes it really dumb to trade on credit/margin unless you are an experience investor and understand how to hedge against the volatility** so that you can't lose your shirt... or in this case your home.

e.g. butterfly spreads or other long/short strategies. yes they cap your upside, but they also collar your potential losses.