A friend came to me not long ago and spoke very earnestly. He said he didn't want to work until he was old, had saved up some money, and wanted to buy some crypto to hold. He asked what I thought about it.

I didn't want to say much at first, just replied that the risk is huge and spot holdings aren't guaranteed returns either.

He nodded faster than anyone else, saying I understand, I understand, gains and losses are on me.

Later he bought it himself.

For the first few days after buying, he came asking every day—it went up a few points today, is it about to moon tomorrow? His tone was full of fantasies about financial freedom.

That's when I realized this guy wasn't here to invest at all. He came to dream.

Then the market dipped, and his face changed immediately.

The guy who was fantasizing about doubling his money just days ago, suddenly started throwing shade.

Said he shouldn't have touched it in the first place.

Said if it weren't for that one thing I said, he wouldn't have thrown his money in.

No matter what, it seems like he didn't buy the crypto, and he shouldn't be the one bearing the consequences either.

The most ridiculous part is—he was the one who wanted to get in from the start.

After losing money, it's like I forced him in instead.

Since then I figured it out:

You can chat about market conditions with strangers.

You can hype up bull markets with online friends.

Just don't bring family and friends into the game.

Because what the market takes is money.

What human nature reveals is grudges.