Very true.
Even though I strongly encouraged my friends to learn and understand Bitcoin after I got them to buy some, they didn't.
They didn't own a lot of bitcoin, but more than most will ever hope for.
Two out of three sold.
Then one of them went into debt by $100,000 for a car.
Sometimes, you can't save people from themselves.
Ironic, of all things a car, instant depreciation.
Instant depreciation and just to add insult to injury, Elon slashed the price of that exact model by 30% a few months later.
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100k in debt for a car is WILD
That's Canadian dollars, but still crazy.
Worst thing, there was nothing wrong with her old car.
When the real estate market crashes she'll probably be living in that vehicle.
But thank God. It's fully electric in an area of the country that regularly sees - 40 C for weeks on end and which also has very few charging stations.

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