Quote from: Rigon on Today at 02:57:16 AM

Quote from: Oshosondy on April 28, 2023, 07:42:22 AM

This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling. Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours.

As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.

Quote from: https://cointelegraph.com/news/ex-cfo-that-stole-5m-to-trade-crypto-and-meme-stocks-gets-3-years-prison

The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“

Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison

Trading is a risky business it must be pursued by all. Those who find trading platforms easy I would say have not yet received a good education about trading. Greed and passion are the best among the few principles of trading platforms. Those who came here for more greed are destroyed from here. Especially the person you quoted here was trading Meme Coin with a 5 million dollar loan. Later he must have lost from meme coin. The person you quoted made a mistake in the first place because he started trading with a loan on a trading platform and secondly started trading in meme coins. So because of his mistake he is now damaged and jailed. Everyone should learn from this so that no one gets into such trouble.

A very normal kind of approach when you do have these kind of insights in regarding about trading which you do believe that this might be an easy way for you to make yourself getting rich but on the time that reality
would be slapping into your face then this is where you would say that it isnt really easy it sounds or looks on the time that you do able to have that actual dealing and experience to it. It is really just normal that noobs would really be having this kind of initial impression when they do see about trading because they do usually be seeing into social media about some users or traders who do post up their profitable
trades and on the time that they do able to see it, then this is where they would be having on their mind that its really just that easy.

Mistakes or errors are really that common specially when you are completely newbie into this field. You cant really just that make yourself deal up without having that proper preparation because this isnt how this
market acts or behaves. You would be needing to put up sufficient time and effort for you to make out some good grasps into trading which it wouldnt really be involving that a short time
but rather a very long one.