Why is crypto always fucking over smart people? real bad times are on the horizon...

why is crypto always fucking over smart people? real bad times are on the horizon, and these fucking morons propped up a number of obvious pyramid schemes to then rug-pull the entire space. fuck this is some bullshit

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>why is crypto always fucking over smart people?
Literally what the fuck did he mean by this? Crypto only “fucks over” mid-wits and retarded pajeets like (You)

the greater fool theory applies when many investors make a questionable investment, with the assumption that they will be able to sell it later to "a greater fool". In other words, they buy something not because they believe that it is worth the price, but rather because they believe that they will be able to sell it to someone else at an even higher price.

smart people don't by rat poison squared, they make real investments

Everything is fucked. Bonds, precious metals, equities, options, crypto. Just waiting for the next event to make it worse. Nothing ever gets better

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I've been invested since 2015. I will never get over having 50% of my crypto net worth evaporate in three days, especilly when more progress is being made than ever before.

Smart people are the ones actually creating pajeet tier scam projects then rug pull like that Band officer chink. Look at Sirgay and his Json parser project or CZ and his centralized exchange. They’re the ones getting richer fucking brainlet because they’re smart and not feeding on scraps of food token scams like a fucking brainlet.

Yes, the smartest people are the ones giving themselves the supply.

What do you mean fucking over smart people? Smart people are only holding BTC & ETH and real stocks. Retards hold shitcoins

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That Yield farming stuff Sushi etc. were warning signs. We should have all sold as soon as they started popping up

There is weather in crypto. Right now a ill wind is blowing through the space caused by all the shitcoins with inflated values. While it is looking like crypto winter for shitcoins, Grandpa coin will be fine because he wears a sweater and goes to bed at a reasonable hour.

ETH and BTC took a fat shit today

Smart people know when they are coming up short. Only people making dough are the grug tier brainlets and >130iq

Still up from buying at $6000 BTC and $160 ETH. It sucks you didn’t have money to invest in March, when smart money was buying.

Retards will continue to buy shitcoins and bitch and moan here about the latest scam they were roped into. Just buy BTC and a little ETH and wait 3 years. You dumb faggots.

What’s your next buy in/bottom price?

the worst economic contraction in human history has started and both you faggots think crypto will behave normally? we could easily correct another 40% from here

Literally everything except shitcoins is not fucked.

People treat crypto as a ponzi, nothing else. Smart people will usually try to be cautious and a lot more patient, which pays off for most of them.

>smart people
>losing 15% in 24 hrs

I bought LINK at 30c kid calm down

>Its not the money its the dreams that vanished
Down 70% in 3 days. Thanks based kyle from bzx.network

“...and wait 3 years”

This was the worst investment out of all for me. I didn't put most of my ETH in it, but still. It seemed really surprising to see fuckups like that happening, I sold after the second one at 1.13 cents.

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>3 years
fucking lol

Good on you i just was too busy with rl shit and couldnt really sell into a bloodbath. Would have been a good decission though. Will sell the recovery and look out for the next gamble i guess... Down 300k in usd :')

The contraction is already over you idiot, the entire devoloped world is back to growth.

>no vaccine
>growth back to normal
dumb fuck

I think I tend to underestimate just how stupid most people are. I didn't think so many people would fall for the yield farming scams.
Too many retards got fucked over when the rug got pulled so in hindsight yes, the yield farming scams were a huge sell signal.

holy shit never put serious money into crypto