#badbets
badbets
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A funeral company just burned through $33 million chasing crypto gains. Straight up one of the most tone-deaf moves I've seen in a while.
They jumped in thinking they could ride the wave like everyone else, but markets don't care about your day job. While $BTC and $ETH were swinging hard, this business learned the hard way that speculation and steady operations don't mix.
The crowd loves calling it "innovation," yet stories like this just prove most companies should stick to what they actually know instead of treating balance sheets like a casino.
#CryptoCrash #Bitcoin #Ethereum #BadBets #Investing
They jumped in thinking they could ride the wave like everyone else, but markets don't care about your day job. While $BTC and $ETH were swinging hard, this business learned the hard way that speculation and steady operations don't mix.
The crowd loves calling it "innovation," yet stories like this just prove most companies should stick to what they actually know instead of treating balance sheets like a casino.
#CryptoCrash #Bitcoin #Ethereum #BadBets #Investing
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