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10910833 No.10910833 [Reply] [Original]

https://www.cnbc.com/2018/08/20/after-the-bitcoin-boom-hard-lessons-for-cryptocurrency-investors.html

"I got too caught up in the fear of missing out and trying to make a quick buck," he said this week. "The losses have pretty much left me financially ruined."

>> No.10910845

I like to think I started the "financially ruined" meme
>>/biz/thread/S7926807

>> No.10910846
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10910846

>>10910833
"The virtual currency markets have been through booms and busts before — and recovered to boom again. But this bust could have a more lasting impact on the technology's adoption because of the sheer number of ordinary people who invested in digital tokens over the last year, and who are likely to associate cryptocurrencies with financial ruin for a very long time."

>> No.10910847

>>10910845
Still financially ruined btw

>> No.10910894

I guess someone forgot the first rule of investing, namely to not put in more than you can afford to lose. And also that you shouldn't put all your eggs in one basket, especially one that might tip over any second.

I mean I'm retarded and lost 75% of my crypto gamble fund, but that made up like 3% of my net money so I'll be just fine.

It's not a crypto-exclusive lesson.

>> No.10910904

Old article

>> No.10910923

>>10910833
FAKE NEWS
The bitcoin boom hasn't happened yet. Stupid cnbc propaganda artists

>> No.10910930

>>10910845
>warosu.org/biz/thread/S7926807
I remember that. I was still a lurker back then

>> No.10910936

>>10910833
>24k
you can make that in a month who gives a fuck

>> No.10910942

>>10910894
Wow you're a giant cuck faggot boomer
3% of your net worth lmao way to go, you're an actual boomer who will enjoy 9% gains instead of the typical 7.5% while people who are heavy in crypto will end up with 100x+ hahahaahahha
How does it feel knowing I'll be filthy rich off my 56,000 link and you'll make peanuts and continue being a wagefag

>> No.10910983
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10910983

>>10910942

>> No.10911028

>>10910942
Crypto going 100x will still make me a millionaire, so if that's how it pans out I won't complain.

Meanwhile I'll sleep easy even if this Internet funny money goes tits up.

>> No.10911046

>>10910923
>The bitcoin boom hasn't happened yet
>20x in 1 year
>millionaires shilling crypto
>tv shows/technology websites constantly reporting on crypto
>crypto songs
>youtubers/streamers shilling crypto
>literal scams breaking 1b$ mcap
>bitconnect and other memes
>twitter giveaways
I know you are trolling, but there are actually people that still believe they are the early adopters. ROFL.

>> No.10911045

>>10910936
Nobody believes you make 288k a year faggot

>> No.10911058

>>10911046
>bitcoin boom
Ok, maybe for bitcoin.
Crypto in general is barely even a bubble

>> No.10911115

>>10910845
Fag

>> No.10911629

>>10910894
Classic faggot redditor unable to make money
suck me

>> No.10911659

>>10910833
Article published on 20th of August.
Fk yourself OP

>> No.10911906

>>10910833
has there EVER been a more perfect buy signal?
normans crying losing their life savings

dream come true lads

>> No.10912269

>>10911058
Bingo

Bitcoin wil grow.
Ethereum hasn’t had its time to shine yet either.

>> No.10912483

>>10910942

I want fries with that.

>> No.10912517

>>10911046
I'm NOT trolling.
Those don't mean anything. BTC cap > 1T, other cryptos will follow.
Adoption == bank run

>> No.10912567

>>10912269
Ethereum won't last one more year before the bloated blockchain starts to cause massive issues

>> No.10913325

>>10910833
Time to buy. See you guys on the moon.

>> No.10913355

>>10910833
If only there was a reliable way to measure the amount of people who have sold at the bottom and cashed out..?