[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 3.74 MB, 2519x3060, Adobe_20200523_210553.png [View same] [iqdb] [saucenao] [google]
19298962 No.19298962 [Reply] [Original]

Other than bitcoin and etherium?

Are crypto currencies actually valid or are they just a modern ponzi scheme...only instead of "stamps", its "coins"?

Has anyone herr actually "made it"?
How many here are lower than they started?

Other than the "get rich quick" potential, why do you buy cryptocoins?

>> No.19298984

Modern stamp Ponzi
If you tell yourself something else you are lying to yourself. Don't lie to yourself

>> No.19298985
File: 20 KB, 193x183, 1577738367730.png [View same] [iqdb] [saucenao] [google]
19298985

I buy Bitcoin purely to invest into Haircomb, the new and first revolutionary quantum secure token on the bitcoin chain.

>> No.19299015
File: 29 KB, 300x300, comb.jpg [View same] [iqdb] [saucenao] [google]
19299015

I buy bitcoin purely to invest into the new and best quantum strong token on the Bitcoin chain.

>> No.19299034

>>19298962
Replace "crypto" with "business," "currency" with "stock" and pretend you're asking this exact question 20 years ago. That's what you sound like right now.

>> No.19299215

>>19299034
Except businesses that trade stock are subject to Securities and Exchange Commission (SEC) regulations and fraud carries penalty of federal jail time and millions of dollars in fines.

Companies that have a publically listed stock also must comply with Generally Accepted Accounting Practices (GAAP) and maintain quarterly filings on earnings and annually published balance sheets.

If you think stocks and cryptos are in same league you are delusional.

>> No.19299372

Bitcoin is cryptocurrency. It'll stay the leader as long as people buy the (((vision))). I guess you can make money with it by buying dips and selling when it goes back up, but the returns are small. No one has "made it" and no one can prove it because none of them have. It's desperate people trying to make money fast. LINK was a lucky one and if you got in on time you could have quadrupled your money, but for every LINK there's thousands of scams. LINK is a scam too but it's just one that worked due to heavy shilling budget. If you check the records, suspiciously, (((someone))) took out of a lot of money from it. Betting the LINK team got bored after 2 years of nothing happening and invested in a shilling team.

It's just not worth it to chase the returns unless you have a gambling problem. If you do you'd need at least $1,000 for each coin that's shilled here. That's not realistic. You'd make more money investing in a single stock on Robinhood. If you spent $1,000 on LINK you only made back $3,000. Great, but so what? If you invested $10,000 you're a fucking idiot but congratulations you profited $30,000.

Anyone here that claims these shitcoins work or whatever needs to post screenshots of their profits.

>>19299034
Nice cope, Rajinderpreet.

>> No.19300261
File: 1.44 MB, 300x289, IOKL.gif [View same] [iqdb] [saucenao] [google]
19300261

Please buy my crypto