It’s like you’ve seen the movie. You know how it goes.And yet you pull the trigger, because you’re afraid of missing out, or you think this time is different, or because you think you’re smart enough to avoid the potholes on the road seemingly everyone else has traveled before you.
One of the most expensive dining experiences you can have in New York City is at Masa. An upscale sushi restaurant located in Midtown Manhattan, Masa offers an omakase tasting that starts at $750 per person, not including drinks or tax.
If you decide to upgrade your tasting so that you are served at Masa’s sushi counter by one of their highly skilled chefs, the price rises to $950 a person.
I’ve been thinking about this hypothetical dinner at Masa a lot lately. Not because I would ever pay this amount of money for a meal, but because I recently lost $500 more than the price of this meal after buying some altcoins that collapsed in price earlier this year.
Almost immediately after I bought the altcoins in early January, the market started to unravel. Within a few weeks, my altcoin portfolio was cut in half and there seemed to be no end in sight.
But the ironic part of my altcoin experiment was that I knew it was a bad idea, and yet I did it anyways. In fact, I had written about why the crypto market was overhyped back in November 2021.