Quote:
Originally Posted by Gustoo
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so I guess the deal with shit crypto (not bitcoin) is just hoping one you have put money in will go from .25 cents to 3 dollars at some point and hopefully it covers all the other crypto pyramid schemes you bought into that went no where?
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it's really hard to lose money when bitcoin is doing well. you can hold literally anything when bitcoin does its thing and make very real, not-fake profits
problem is, the more of these scams and rugpulls that exist promising 100x gains in weeks, the worse bitcoin does. bitcoin is slow. you'll at best get a 3x by january and then at some untold moment it will catastrophically crash, according to 'the cycle.' so if you choose the wrong time, you lose. who wants that risk?
so all the money flows into shitcoins which is basically just a casino, because "you never know what's the next doge" or "shib" and all that potential mcap that could be given as tithe to the king for us all to succeed, gets scammed away, and the king dies, dragging down the whole house with it
that said. bitcoin might do well in the next 2 months, and every shitcoin sings roses and fairies. or it might not, and there's blood in the street. do with that info what you will
11-12-2021, 04:35 PM
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