Cryptofaggot from 2017 here. I made 1.8MM but only managed to cash out like 800k before everything went tits up, and ended paying like 250k in taxes (split up between 2 tax years).
1) Crypto is dead. 2017 was really the golden year when the world had not known about cyrpto yet, and people literally thought it was going to be adopted by the mainstream. I remember in Dec 2017 I was in an NYC cab and they were talking about crypto. Later that month my friend who is an ER surgeon literally bought 80k worth of crypto, only to see it drop by 60% by January.
Needless to say, the public has been burned VERY BAD (some cases losing 99% of their investment on shit coins) and it's left a horrible taste in their mouth. Worse though, crypto blew it's load too early in the public image. It's just something gay and retarded now and we won't see a run up like 2017 ever again I think... I mean crypto may go up somewhat, but 10x'ing in 2 days is gone forever I believe. Even Chainlink has really only gone up 90% since it's $4 days, whereas fucking Tesla has shot up from $400 to $1800 during the pandemic.
2) You learn nothing researching crypto. Literally nothing. It's seriously the biggest fucking waste of time and if I didn't make so much money from the ponz I would be incredibly pissed at myself for wasting so much precious time. All crypto shilling is inherently gay and retarded lying. It's just shilling fucking stupid coins hope you can get people to buy in.
If you research stocks and markets, it's also kind of a ponzi scheme but you will learn things about the real world. I've spent the last 5 months learning about REAL markets and while I still kind of don't go deep enough to call myself an expert, it IS improving my world view and actually teaching me stuff about reality. "researching crypto" is so hilariously stupid and useless unless you're a coder.
3) At any moment, US/China/UK can pass heavy regulation on crypto and crash the market by 80%. The US gov knows about this gay dumb shit and when they are ready with their own digital system, they will fucking nuke crypto from outer orbit. If you think bitcoin willl have any value without the US or China supporting it, you're a retard.
Anyways, come over to WSB and learn about real shit and make real money. Calls and options are dangerous but you can go 10x quite easily if you know what you're doing. I'm up 8x on silver calls already and will probably be up 30-40x by the end of the month.
Dominic Gray
Paper bag on the head. Ok, that's better, let's go!
Justin Gomez
>massive text wall >C grade thot yeah thanks, i'll pass
Christian Richardson
>paper bag on 8/10 face
have you ever considered that you might be a faggot?
This. So much this. I only post here to laugh at these neckbeards lose all their money on ponzi schemes. The real money is in options, just check r/wsb and see for yourself
Wyatt Cox
I used to think that people will never come back to crypto after the bad taste Jan 2018 left, but I've learned that people have an extremely short attention span when it comes to investing.
If anything, I predict seeing the bull market prices will have the same people who lost 90% in Jan 2018 kicking themselves for not holding and will have them FOMO'ing back in even harder.
Joshua White
>TFW you realized ur even more retarded for trying to FUD this hard
You say it's not cool anymore, but shit goes from being lame to cool in a fucking heartbeat. Normies are fickle and don't care. You have a good message though, and a good point, but think about 2025 when none of the 2017 guys have skin in the game. It'll be a bunch of zoomers and whatever comes after that. It will be essential.
>retail investors being interested in something is good >what is the shoeshine boy indicator normies caring about crypto is a signal that it would crash moron, it's about happen to stonks too institutions don't stop fudding and start making things accessible and spoonfed to idiots until they want to dump their bags on you
Jackson Parker
Yep, I couldn't believe I wasted so much time with stupid fucking shit coins. I remember actually listening to all the speeches given by ant shares and shit, it's all just stupid gay chinks lying through their buck teeth. It truly makes me seethe realizing how much time and emotional energy I spent in crypto, but the money was good for that period.
If you know what you're doing, you can swing 50% in a few hours with calls, it's fucking amazing. The key though is that you actually learn about what is important in the world, what people want/need, etc. It teaches you stuff unlike crypto which is literally ALL LIES. It's all so gay and retarded.
Cameron Green
Bro u so happy How u pay so little tax Who ur tax guy in Nyc?
Charles Nguyen
If you think crypto is even remotely comparable to the stock market, you're an even bigger retarded that you sound like.
The total marketcap for crypto is 270 billion. The marketcap for Tesla alone is 300 billion. The market cap for Amazon is 1.8 trillion which is 6 times the value of all crypto currency in the world combined. And those are just two companies out of thousands.
Leo Brooks
I agree. but RSR is the last chance at a moonshot.
You are right, 2017 is never coming back. I'll still kill myself before I go to reddit, so no, fuck off.
Chase Jones
I don't think you can read, I paid very high taxes on my cash outs because I didn't get many cap gains.
Caleb Howard
I agree with the edditor on this one, she's hot body and face, you might be a homosexual fren.
Carson Gray
cringe + larp. kys
Michael Powell
What you say is true except with chainlink,defi, and global payment systems are what to look forward to and expecting crypto to be much bigger than it is today.
Michael Foster
Some of us have done pretty well this month lol so I would 100000000000% disagree
Luis Nguyen
you do realize that you're only digging yourself in deeper as a fomo normie buying the top by arguing that something being bigger means it has more potential for growth right? if you trade low volume you can make money gambling in the fake market, but the elites already having drawn out of the market means it will fail. the reason they don't time the literal top is because they have too much volume = low liquidity to exit quickly like you could if you're lucky when it goes down
Kayden Morris
you zoomers are going to get kicked off of reddit soon for the mortal sin of saying "retard" and "faggot" so casually. if you're lucky they won't dox you to your families and employer.
Jack Barnes
Don't know why you got so racist and homophobic all the sudden but you're not wrong. Crypto is like somebody found a way to combine the worst parts of religion and pyramid schemes like Amway and market the result to desperate loners. Imagine how much of mommy and daddy's money these poor idiots have completely wasted on these stupid scams. Like what the fuck even is a uniswap?
Also, I totally agree that stocks will teach you about the real world. When you buy a stock, you buy something that represents REAL work and real economic output that people pay for. With crypto, all you learn is how to scam losers.
Mason Ramirez
lol no it won't. Rich people like banks and government backed currencies because they protect your money with layers and layers of security and won't crash 80% in 2 days.
Jose Murphy
exactly. I think stocks are kind of a shitty way to make a living as well, since you're essentially wasting your life force chasing gay numbers... but you do learn real stuff about what people want and value.
Crypto is just so hilarious gay and stupid, I just took a look at the catalog and it's just faggots posting frogs and pictures of Benedict Cumberbatch with an "A" stamped on his forehead. It's so fucking stupid, yet the level of stupidity amazes me.
Carson Mitchell
>not understanding the importance of defi are you retarded or something
>payment with currency that can fluctuate in value 40% in 12 hours
Cool, can I start paying for stuff with tesla options?
Jack Reyes
sauce
Xavier Davis
I am at x50 in AMPL on just 1 month and expect it to hit x500 in the next few months. Every other shitcoin I have bought has literally pumped at least x5 to x10. Meanwhile the most pumped stock is TSLA with only a x4. Go back to your faggot sub that faps to loss porn.
Blake Sanchez
> what is dai?
i never knew dai could drop 40% thanks op!
also most people loss all there money in options i have multiple friends how saw WSB on reddit and lost thousands of dollars after that they never touched investing again
This is a coordinated psyop to get you to not research iExec.
Samuel Nguyen
This has to be baitm Take a look at wsb and see all of the money that's being made/lost. I flipped my money 50x in two weeks but lost it all the week after. If you really think crypto is more profitable you're an absolute retard
Nathaniel Morales
>Buying yolo options >Investing It's like joining a gay bdsm orgy with 10 niggers and then saying you never want to have sex again
Elijah Phillips
>I flipped my money 50x in two weeks congrats >but lost it all the week after oh wait, you have a gambling problem. and yet you shit on people who hold crypto lmao
Benjamin Davis
I sold too early on ampl, and I'm honestly suicidal right now. Whats the next coin to buy
