Dogecoin went from .70 to around .50 during the SNL event. It's still comedically overvalued even setting aside the fact that it is literally a joke currency.
Wtf did you buy that had you lose the entirety of your principle overnight?
I suppose if somebody was dumb enough to dump everything they had into it at its peak that dip would hurt a lot, but you're right, it wouldn't be their entire life savings.
On the one hand I feel like this has to be a bit, on the other I'm very confident there are people this stupid out there.
Dogecoin went from .70 to around .50 during the SNL event. It's still comedically overvalued even setting aside the fact that it is literally a joke currency.
Wtf did you buy that had you lose the entirety of your principle overnight?
I suppose if somebody was dumb enough to dump everything they had into it at its peak that dip would hurt a lot, but you're right, it wouldn't be their entire life savings.