ST Alpha - "It's only worth that if you could cash that out, today." (Reading a Post)

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In response to "Holy crap, this investment -- (link)" by decline

It's only worth that if you could cash that out, today.

Posted by Reagen Oct 27 '21, 12:41

and if they tried, that would crater the market. There's not that much liquid capital to chase it. It's completely illusory. Have they made a lot of money, sure.

Responses:

Also, who has $8000 of play money to throw into a fire like that? -- nm - ty97 Oct 27, 12:49 6
- Sounds like my idiot user who put 15k into Dogecoin - Will Hunting Oct 27, 12:50 3
  - It's like they think value is something affixed by the cosmos. - Reagen Oct 27, 13:08 2
    - Eternal truth. If you can't collect, it's worth zero. -- nm - Full Size Candy Baron Oct 27, 13:13 1
      - That is why I hold onto my magic beans. Some day... -- nm - Spawn Oct 27, 13:45
- Future billionaires! -- nm - Max Oct 27, 12:50
- crypto-dudes -- nm - decline Oct 27, 12:50

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It's only worth that if you could cash that out, today.

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