Is crypto currency...

CrazyNutz said:
They only lost if they sell. A pension is a long term investment, BTC is a good long term investment asset.

If you look at the historical data, BTC goes on massive bull runs about every 4 years. This is triggered by the halving event that occurs about every 4 years. The halving is when block rewards (during mining) are cut in half, leading to the supply of new coins being cut in half. Well you just apply the supply & demand rule here, less supply the value goes up on the asset.

Just don't fuck up by buying high then freak out, and sell low :ROFLMAO:
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CrazyNutz said:
That's retarded. Should have not had that much on an exchange, it should have been in cold storage.
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Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
 
dm426 said:
Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
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There's a rally, and implosion every 4 years. Each time it goes higher. This is from the halving, and FOMO. It's very well known by people that know.

When regulations come, institutions will be in heavy.
 
dm426 said:
Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
Click to expand...

Absolutely👍
 
Guess I'm the only one here who has not sold all my BTC yet. Should I actually do it, guys? I've never been too deep into crypto. I've just invested a part of my savings in it, you know. So all I do about it is check this https://www.moonbitcoins.com/dashboard and some news and analysts' opinions about crypto and BTC's growth. Btw, they say it will go up and cost about $70k by the end of 2023. Do you guys believe it? I'd like to know what you think about it. Just wanna make sure I'm not a fool that I've not sold it all.
 
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The topic of cryptocurrency is undoubtedly intriguing and sparks diverse opinions among people. Some view it as a promising financial innovation, while others approach it with caution due to its volatile nature. If you're interested in learning more about crypto, you can explore reputable sources like https://www.vpesports.com/betting/stake, where you can find valuable insights and information. It's essential to stay informed and research thoroughly before making any investment decisions. Remember, like any investment, there are risks involved, so understanding the risks and potential rewards is crucial. Stay informed, make informed choices, and be responsible with your financial decisions.
 
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