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A parent talks their kid out of investing $1,000 in Dogecoin, suggesting $50 instead. The point: with crypto this volatile, you need to invest only what you can afford to lose without real regret.

A parent talks their kid out of investing $1,000 in Dogecoin, suggesting $50 instead. The point: with crypto this volatile, you need to invest only what you can afford to lose without real regret.
My kid asked me one time, he goes, should I go buy like $1,000 of Dogecoin? So I was like, well, if you take a— if you take $1,000 and you go buy Dogecoin and you lose all your money, how mad are you gonna be? What do you say? He goes, I'm gonna be really upset. And I said, then you shouldn't buy $1,000 of Dogecoin, buy $50.

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