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26319195 No.26319195 [Reply] [Original]

Honestly fuck this crypto shit. This is all just a huge scam to steal people's hard earned money. My coworker told me to buy it in december 2017 and "forget about it for a while". So I did a bit of research and noticed the price was going up nicely and making this could be an actual thing in the future. I put half my savings in it at 18000, then when I checked in April of 2018 I LOST OVER HALF MY FUCKING MONEY. I sold that shit and told myself I'm fucking done with crypto. Then as the new year rolls around I start seeing news about crypto again and see bitcoin is 40k? wtf? Ok so this time it has to be legit right? I put in another 38k to buy 1 full bitcoin but this time I wasn't going to just forget about it and lose all my money. again all this shit does is fucking GO DOWN. fuck you stupid assholes, I'm out. enjoy your scammy internet money. you won't trick me again

>> No.26319249

haha

>> No.26319287

Weak bait

>> No.26319290

>>26319195
Why did you sell the first time and not hold? If you had held you would have made out pretty well. The same exact thing would have happened with stocks too, the problem isn't crypto, it's you.

>> No.26319297

put in 1 dollar
someone puts in 10
another puts in one dollar
guy who put in 10 takes out 11
now you have half of what you had

this is BTC in a nutshell

>> No.26319319
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26319319

>>26319195
saved, thanks for the new pasta OP, you're alright

>> No.26319323

>>26319195
You little faggot bitch, reactionary investor. Go put on some panties and start transitioning. Strong holders will need you to be fuck ready in 2 years.

>> No.26319503

>>26319297
You probably moan about governments taking away your rights and then act like a bitch with your own financial sovreignty am I right? NGMI anon

>> No.26319681

>>26319297

yep

>> No.26319807

>>26319195
Problem was you didn't forget about it, but panic sold - WRONG

And then FOMOd back in - also WRONG

Be me - bought ETH at 80 USD in march 2020 now comfy as fuck

>> No.26320340

>>26319807
and when you sell it for whatever price you sell it at your essentially just suckering some poor chap

>> No.26320527

>>26320340
Winning is winning

>> No.26320529

Nice pasta

>> No.26320855

>>26319297
That applies to any market you tard.

>> No.26320865

>>26319195
Where you fucked up is using money you earned. You don't risk money you had to work for on gay internet money. Use only gay internet money for gay internet money.

>> No.26321301

>>26320855

no it doesn't, if I buy a stock I buy a claim to company earnings. these earnings are what I make money on, not other people dumping more money into the market.

Short term you are right, I can make short term profit if retail speculators want to come pump my shares to infinity but even if they dont, it really doesnt matter, the long term returns in the stock market comes from company earnings, not speculation.

>> No.26321481

Lol - here's what crypto ACTUALLY means...type 'define crypto' into Google and read the INFORMAL definition. You're welcome...

https://www.youtube.com/watch?v=3JS8CW6dq1I

>> No.26322649

>>26320340
and? stock market works like that too, especially meme-stocks like Tesla

>> No.26322913

>>26319195
why would u enter on the fucking top
twice u fucking faggot nice b8

>> No.26323012
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26323012

>>26321301
>he thinks earnings matter

>> No.26323044

>>26319287

is it?
he probably represents most who buy crypto

"they sold the bitcoin, i told them to hold"

>> No.26323086

see you tomorrow anon

>> No.26323125

>>26319195
Crypto is how much you can convince other people to buy in

>> No.26323141

>>26321301
What about the entire gold/commodities market?

>> No.26323180
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26323180

>>26319195
honestly this situation is a win win for me

>if crash: just accumulate the BTC I was priced out of Before (have a fraction of a BTC already and did not buy at ath)

>if golden moon run: wait cash out portion of portfolio, wait for next massive 50%+ correction and accumulate then. When headlines say "Crypto is dead".

Either way see you faggots soon! :^)

>> No.26323266

>>26319195
Lol big thanks to buy high sell low guys so us,little investors, can enjoy and ride the cycles.

>> No.26323363

>>26320340
are you a retard?

>> No.26323380
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26323380

SELL NOW SELL SELL SELL. Yes if you actually forgot about it you'd be rich now. But why would you learn from your mistakes like some reddit faggot. MGTOW

>> No.26323473

>>26319195
>He sold the bottom
>He didn't hold
Don't blame others

>> No.26323628

>>26319287
this

not that this doesn't happen but retards who do this would not describe the behaviour in such a lucid manner. normies are not fully conscious enough for that

>> No.26323791

>>26319195
Day traders make crypto a scam, they just keep dabbing every 1 or 2 percent gain and take away the gains. So basically impossible to make money unless institutions, millionaires are pumping the market.

>> No.26324262

>>26323141
I assume you mean collectibles, which are the jewiest bullshit in the world. If you buy a MTG collection with no intention of playing with those cards, and gain nothing from owning them (not even satisfaction), and only hope to sell them at a higher price, then yes you are basically a cryptojew.
Holding gold is also pretty jewish, but at least that is a resource used in electronics.

Buying into what you know to be an asset bubble with the hope of cucking someone else is a bit fucked in my opinion.

>> No.26324303

>>26323141

commodities have price driven by utility, not quite the same.
Gold is a different beast, it's just as speculative as BTC, I'll give you that much.

>> No.26324355

>>26323791
Have you tried telling them about the technology?

>> No.26324362

>>26323012

earnings is the only thing that drives returns long term.
short term, momentum can make Tesla fly 800% but long term Tesla will sink or swim based on earnings and nothing else.
Markets are not effecient and they are slow but over time they are predictable.

>> No.26324387

>>26319195
This is probably a pasta I don't know about, but people like 5his do actually exist, think about that for a minute.