Funny you keep comparing to a Lotto ticket. Do you understand...

  1. 1,578 Posts.
    lightbulb Created with Sketch. 237
    Funny you keep comparing to a Lotto ticket. Do you understand the math of Lotto?

    It’s called a “permutation”.

    if you have to pick 7 numbers out of 40, the odds are: 40*39*38*37*36*35*34*33=

    3,100,796,899,200 : 1

    That’s your odds. 3 Trillion to one.

    Shortly after I bought my BTC it was my 19 year old son’s birthday. I live in Vietnam. He lives in France. When the price was around $600, I taught him to set up a wallet and sent him $100 worth of BTC. World Cup, $50 bet I lost, paid him in BTC at the price of the day. Instantly, for pennies. When he comes to visit I ask him to bring me things like cheese and pay him in BTC.

    He was in the Army and was buying whenever he could to add to it. Today, he’s 24, and owns a bit more than 1 whole BTC. Dollar cost averaging.

    He ain’t real smart, but he’s not dumb enough to play lotto or penny stocks.
    Last edited by HempCFO: 14/06/20
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.