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why is losing $250k of house money and different than having it stolen?

assuming the same impact on your day to day life? the fuckin...
cracking sneaky criminal house
  01/12/18
if u lose it trading that's your decision. having it stolen...
soggy potus
  01/12/18
or just lost 250k of your own investment then. either way i ...
cracking sneaky criminal house
  01/12/18
obv both would suck. but it's just the psychology man- you ...
soggy potus
  01/12/18
This. Takes way more man hours to earn your initial capital....
pearl genital piercing toilet seat
  01/12/18
...
Contagious jade community account
  01/12/18
^whoops this goes in the chain above True but either way...
cracking sneaky criminal house
  01/12/18
Flame jumped the shark at learning to ignore most irrational...
fantasy-prone nursing home
  01/12/18
Brother, if in your modified hypo above you can’t differenti...
Territorial theatre crotch
  01/12/18
lol
soggy potus
  01/12/18
The difference is in the mentality of the investor. With &qu...
soul-stirring cocky newt
  01/13/18


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Reply

Date: January 12th, 2018 9:46 PM
Author: cracking sneaky criminal house

assuming the same impact on your day to day life? the fucking house money effect seems irrational but everyone mentions being cool losing fuck tons of money bc it’s just “house money.” bro if i lost 1m of “house money” i might fucking off myself

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144223)



Reply

Date: January 12th, 2018 9:55 PM
Author: soggy potus

if u lose it trading that's your decision. having it stolen from you was not

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144258)



Reply

Date: January 12th, 2018 9:56 PM
Author: cracking sneaky criminal house

or just lost 250k of your own investment then. either way i lost $250,000. you see my point here, no? it’s bizzare that people think about the same amount of money differently in different situations. house money buys just as much shit as any cash you put in

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144263)



Reply

Date: January 12th, 2018 9:58 PM
Author: soggy potus

obv both would suck. but it's just the psychology man- you take more risks with something you perceive to have gotten for free (gambling) than you would money you had to slave away wagecucking for

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144280)



Reply

Date: January 12th, 2018 10:05 PM
Author: pearl genital piercing toilet seat

This. Takes way more man hours to earn your initial capital.

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144303)



Reply

Date: January 12th, 2018 11:28 PM
Author: Contagious jade community account



(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144883)



Reply

Date: January 12th, 2018 10:16 PM
Author: cracking sneaky criminal house

^whoops this goes in the chain above

True but either way you’re not getting those man hours back. I can see psychologically why it’d hurt more to lose money you swear. Rationally it shouldn’t matter though. Full disclosure I’ve read a ton of behavioral Econ so I’ve consciously learned to ignore most common irrational thought pattern like the house money effect. Those can lead to bad decisions (eg being way too risky with house money)

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144345)



Reply

Date: January 12th, 2018 11:28 PM
Author: fantasy-prone nursing home

Flame jumped the shark at learning to ignore most irrational thought patterns. You are still just an ape, faggot.

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144876)



Reply

Date: January 12th, 2018 11:36 PM
Author: Territorial theatre crotch

Brother, if in your modified hypo above you can’t differentiate between losing 250k in profit after banking back your initial investment and losing a 250k initial investment without banking anything, there’s not much anyone is going to be able to do to explain it to your 105 IQ ass.

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144929)



Reply

Date: January 12th, 2018 11:41 PM
Author: soggy potus

lol

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35144976)



Reply

Date: January 13th, 2018 1:24 AM
Author: soul-stirring cocky newt

The difference is in the mentality of the investor. With "house money", you are more likely to hodl. Which has been a good thing for 95% of crypto in the last 5 years. HTH

(https://autoadmit.com/thread.php?thread_id=3857901&forum_id=7#35145628)