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/biz/ - Business & Finance

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13405435 No.13405435 [Reply] [Original]

I keep reading about people posting the bare minimum of Iexec RLC to hold is 5k, as that is a suicide bag.. What does that excatly mean, Any fren care to explain ?

>> No.13405446
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13405446

>>13405435
It's a play on the idea of opportunity cost. Having a suicide bag of whatever shill coin is your insurance against killing yourself over potential gains.

>> No.13405453

>>13405435
what's the price that would get you to suicide in RLC

if rlc go to 1000$ means 1000RLC = 1,000,000$

>> No.13405455

>>13405435
that's for the funeral

>> No.13405504

A suicide bag for me is against all better judgement and common sense, I know I'm going to buy a shitcoin. Maybe the team is a little shady, maybe I don't trust the country, or maybe the utility is completely unproven. Or maybe I'm just lazy and refuse to do due diligence research. Might as well throw a few hundred bucks in, *shrug*

It was common during the last bullrun for people to talk about keeping suicide bags as a just in case when cashing out. The ride never ends

>> No.13405598

>>13405435
More beautiful cats pls