Unpopular Opinion: If you're fiat broke and invested in crypto, 99% chance you are overleveraged

Here's the thing: the world operates on fiat right now. You cannot put food on the table using crypto as currency (yet, in 99% of places). I'm willing to bet most people on here saying they are invested and "fiat broke" aren't actually in that situation and just use that terminology to say they can't invest any more, and that's fine. But for the 1 person reading this who IS (somewhat deeply) invested in crypto and is literally fiat broke, you are overleveraged.We love to make our jokes and memes, but if you literally cannot put food on the table because of crypto, then you are not feeding an investment, you're feeding an addiction. Now, to make sure this message isn't misconstrued, this isn't to say "poor people shouldn't invest in crypto." This is to say "put food on your and your family's plates, THEN invest in crypto".Be smart. Because you can't eat a Bitcoin. At least I hope not.

Submitted June 27, 2021 at 02:03PM

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