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/biz/ - Business & Finance

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54073598 No.54073598 [Reply] [Original]

>he didnt make an easy effortless 12% profit in less than a day
What was your excuse for not taking literally free money?

>> No.54073631

there were a 50% chance it would go to zero like luna

>> No.54073638
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54073638

>>54073598

I only found out about the crash after the price had already recovered.

>> No.54073646

>what is risk/reward

>> No.54073653

>>54073598
I don't know how to trade or buy crypto.

>> No.54073668

i don't put my money in worthless garbage

>> No.54073674

>dude just buy the exact bottom of a depegged stablecoin
Meanwhile I traded my tether for fantom which is up 20% today

>> No.54073688

>>54073631
There categorically wasn't. Half the board was right about this.

>> No.54073706

>>54073646
>what is risk/reward

You sound poor. Even with just 50k, that's a free 5k usd

>> No.54073727

>>54073631
>like luna
why do people keep saying this?
the situations are not remotely similar at all
UST went hyperinflationary because it was an algorithmic stablecoin that depegged while the assets backing it also crashed, the only thing that happened to USDC is that some of the assets behind it were lost but there's no algorithm to suddenly print a shit ton of USDC like what happened with UST

>> No.54073739
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54073739

>>54073631
It's not an algo coin retard, it's like tether

>> No.54073857

>>54073598
> He didn't catch a falling knife gambiling on a shitcoin that was supposed to hold its value no matter what, which means that its purpose has failed.

>> No.54073897

>>54073706
>Even with just 50k, that's a free 5k usd
>risk 50k for a 5k return
exactly, wasn't even worth my time

>> No.54073922

>>54073706
Yeah but just 5k, whats the point? If I saw $5k on the ground not sure if I would bend down to pick it up.

>> No.54073931

>>54073857
For a measly 10% return, no less. Any amount of money that would've seen a decent return wasn't worth risking on some shitcoin stable.

>> No.54073947

>>54073897
>>54073922

Ok well then with 500k it's a free 50k
with 1 million it's a free 100k
with 10 million it,s a free million

>> No.54073959

>>54073598
It happened so fast I didn't even see it happen. Feels bad man

>> No.54073986

>>54073631
kek hope you’re joking

>> No.54074024

>>54073598
I hate making money.

>> No.54074039

>>54073598
I'm not going to gamble on a busted stablecoin. But I will bet on more Fed printing.

>> No.54074052

>investing in a klaus schwab sponsored goytoken

not for all the money in the world, jew

>> No.54074057
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54074057

Holy kek at the cope in this thread, you just know these retards sold their USDC at 90c HAHAHAHAHAA

FUCKING IDIOTS THANKS FOR SELLING ME YOUR DOLLARS FOR 90 CENTS

>> No.54074095

>>54073598
A lot of shit could've happened. What if Circle couldn't actually fund all withdrawals 1:1 despite their assurances? What if they stayed radio silent and USDC dipped even further? There was no real way of knowing, and I didn't want to risk any money and spend the weekend stressing out over it.

>> No.54074308
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54074308

>>54073631
>>54073646
>>54073668
>>54073857
>>54073897
>>54073922
>>54073931
>>54074039
>>54074052
>>54074095
Absolute brainlets. Cope, seethe and dilate. It was 100% guaranteed it would repeg. Imagine being this retarded and turning down literal free money handed to you on a silver platter. Ngmi.

>> No.54074509

>>54073598
I DID THAT BUT SOLD COINS AND NOW IF I BUY BACK I GET LESS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA