My thoughts on crypto are well documented on these boards. House of cards + greater fool theory. I feel sorry for people who lost all of their money, but then again why would you put all of your money into a single asset? Lot fewer toxic assholes on twitter with laser eyes and HFSP.
Gasty
Notable Contributor
6
War Room Community Manager
Uninstall the App. It helps more than you can imagine.
1nbatopshotfan
Politicker
5
Sales
At dinner tonight we overheard a couple talking, and the husband said โsure, Bitcoin and etherium are down, but itโs a buying opportunity.โ
when the wife asked how much they were down, the husband just sat quietly. I think a lot of people are fucked.ย
braintank
Politicker
4
Enterprise Account Executive
What many don't understand (or have willfully blocked out) is that there is tremendous downside risk in crypto. Look at the number of coins that have gone to 0. Yes, there are stocks that are down this year, but blue chip companies don't collapse overnight. I suppose the exception are firms like Lehman brothers, but what got them in trouble was behaving like crypto firms like Celcius.
CatMom
Politicker
4
Account Executive
RIP ๐ชฆย
CuriousFox
WR Officer
2
๐ฆ
๐ฆ๐ฆ๐ฆ
Pachacuti
Politicker
2
They call me Daddy, Sales Daddy
Hodl
Tres
Politicker
2
Account Executive
Stocks are down, crypto is down, everything is down
Sunbunny31
Politicker
2
Sr Sales Executive ๐ฐ
It was a risk. Sometimes risks pay off, sometimes they don't.ย ย ย
fuzzy
Notable Contributor
2
CMO (Chief Meme Officer)
Hold everything.
jefe
Arsonist
2
๐
Glad I stayed tf out
balbazar
Opinionated
2
Enterprise Account Executive
You never lose if you never sell.ย
Mr.Pickles
Arsonist
1
Sr. Customer Success Manager
Nobody can say you're doing it wrong if nobody knows what you're doing. Stonks.ย
Corpslovechild
Politicker
1
Inbound Sales Manager
buy low and sell high
Chep
WR Officer
0
Bitcoin Adoption Specialist
Usually a good time to buy bitcoin when the media is doing victory laps about bitcoin being deadย
16 comments