“If Trump was putting his name behind it, it must be a legitimate investment,” one woman told the news organization.

“This is a woman who spoke to Reuters,” Bash said. “She put $2,000 of her savings into the $TRUMP meme at the end of May. Her $TRUMP holding was worth less than $120, she now thinks it was just a pump-and-dump scheme. The second investor, Matt, a 45-year-old machinist in Indiana, put $40,000 into $TRUMP family tokens … Matt’s shares have dropped 79% in value since he bought them for a loss of about $32,700. He does not blame the Trump family.”

  • adarza@lemmy.ca
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    2 months ago

    a loss of about $32,700. He does not blame the Trump family.

    wtf.

    Galatians 6:7-8.

    reap what you sow, morons.

      • FiniteBanjo@feddit.online
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        2 months ago

        When I find that asshole who jinxed it when they unironically said “he can’t keep getting away with these things” I am going to brutalize them.

    • spinnetrouble@sh.itjust.works
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      2 months ago

      He probably knew what to expect, but thought he had a better “system” that would let him be part of the pump and dump profiteers by getting in and getting out faster than the other schmucks who were being taken for a ride. (If he’d read the terms that locked him into holding it for years before being allowed to sell, he might’ve figured out that he was about to become a schmuck who’d be taken for a ride.)

      Anyway, it’s not gambling if you win every time!

    • Phantaloons@piefed.zip
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      2 months ago

      -in the context of mocking God, here’s the full passage, NIV:

      7-8
      Do not be deceived: God cannot be mocked. A man reaps what he sows.

      8-8
      Whoever sows to please their flesh, from the flesh will reap destruction; whoever sows to please the Spirit, from the Spirit will reap eternal life.

      8-8 ain’t bad, tho.