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tough times, but remember some guy, somewhere, has it way worse than you anon
bump
>>53059986it makes me happy seeing reddit suffer
>>53059948>jayne2634784222557643236You really think this is a real account?
>>53059999generally agreealso serves as a cautionary tale when you feel like gambling
>>53059986>MR. GONZALO RODRIGUEZ GARCIA
>>53060001>henry25663335787434Same thing. How niggardly is your nigger brain, nigger
>>53060029don't know
>@john244726384846263>>my cryptos bro. Regulate me daddy>@chris44572637447362>>my cryptos bro. Regulate me daddy>@mary4812627485848473773>>my cryptos bro. Regulate me daddy>@modecai6000000000>>my cryptos bro. Regulate me daddy
>>53059880>>53059895>>53059912>>53059925>>53059934>>53059945What's your point? Even Newton lost his life savings in the south sea bubble.
>>53060029Not ruling it out outright. Twitter recommends some username combinations at registration, I know a lot of old people who stick with it.
>>53060096Which means, all those people you're posting is probably more intelligent than you. Cope. Then dilete.
>>53059945Esl hereI understand that bingus is a silly name but is there a joke I don't get about bingus and why it's so funny? It was a dog shitcoin?
>>53060096I like loss porn
>>53060118It was a hairless cat shitcoin
>>53060118imagine you're the #1 owner of bingus in the world >>ay girl, you ever wonder what the owner of bingus looks like?>>parents, id love to buy you a house. And thanks to my bingus investment that is happening >>shut up son you'll get bingus when you turn 18
I'm not immune to greed and I've lost money gambling on stupid shit before, but the people that go 100% in on these shady custodial platforms or shitcoins are completely baffling to me. Like even when I feel like being a degenerate gambler I still have an inner voice that says>you know you're probably going to get wrecked so you should only have a small percent of your investments on these gambleswhich helps minimize losses and prevents the suicidal losses you see in these threads. Particularly when you see guys with wife and kids doing these YOLO shitcoin/lending platform plays, it's completely bizarre to me.
MORE MORE
>>53060187will resume posting in 30 mins
>>53060109>Shloimy Rosenfeld
>>53059912I love seeing retards like this get justed. Do they not understand risk? Even investing in stocks has RISK
>>53060195What happened with Celcius exactly? I mean the guy wasnt arrested as far I know and Celsius was based in Canada. Where's the money, did the owners use it to gamble?
Have a relative who still claims Celsius was the “safest option” at the time even tho I showed him that hired a porn start to manage the funds.
>>53059999dude if you wanna see cope just go over to /gme/
>>53060181this.had a friend who lost thousands of link on Celsius, he still believes they are there somewhere and that he'll get it back one day
>>53060058>chest tattooGood, hope he never gets it back
>>53060187>>53060211
BonkSchizo>Bought a 1% Dogbat bag for 200 bucks in october last year>Worth 7 figures ath at 230 million mc in november last year>Proceeds to make dogbat threads everyday for an entire year>Dogbat bleeds for an entire year>Doesn't sell a single token during the bleed because muh diamond hands>Bag now worth 30k>FTX collapses and FTT crashes>CZ wants to buy FTX>FTT pumps>Comes up with a 800iq plan to sell 30k dogbat bag to long FTT and later pump dogbat with the profits>CZ backpedals>FTT crashes again>Gets liquidated>Deletes tg account
Mashinsky is literally just walking around New York City still like nothing is wrong. He fucking still lives in a Penthouse on the Upper East side and I know the exact building because a friend of mine lives there! I've actually also seen him eat at a Hipster Peruvian restaurant.
>>53059912>I took out a loan with interest>I thought it was risk freeYou idiot if it stays the same value it's still a risk because you're losing money on interest. Some people don't deserve money.
>>53060109I'm with Capn beefy
>>53060086We all know that feel
>>53060137How the fuck did this guy get $1mil liquid in the first place
>>53060298it was a lending platform, i think insolvent customers owe them a lot of money that they are unable to recover so basically they can't pay back anyone and the pot is emptyit was similar in 2008 financial crisis but obviously the banks got bailed out so.. doubt it will happen for these ponzisit's gonna be a rip for anyone with money in there
>>53060298It was a ponzi scheme but not quite as blatant or in your face as FTX.Basically they would take all invested coins and money, separate it on paper but pool it together. Maintain just enough JIT coins and funds to cover withdrawals. Like a bank. The only difference is they took an enormous amount of risk with zero offsets or insurance. Everything was fine while crypto was going up, but as soon as it started going down they could no longer cover what they owed to investors, so they began taking greater and greater risks and eventually lost almost everything. LUNA was the tipping point probably.
>>53060680>Muh tattoosIts literally the worst people getting wrecked on all this shit.
>>53060680>keeping a gun in a safe
>>53060916Kek! Obviously he should have focused more on the educated and less on the tatted.
>>53059948>I told you MULTIPLE times why I need that money, you jerks!
>>53060298how do you think they generated the apy? they had to get it from somewhere. They did so by going all in with customer funds on scams like chainshit
>>53060854>>53060701>>53060984man all these men have kids, interesting>>53061093she could date an average guy, but the roast only wants Chad kek
>over 13 years since cryptocurrencies were "invented">zero real-world problems solved>near zero use as actual currency>countless people commited suicide because of scams and rugpulls in crypto>midwits still think this is somehow le hecking future of financerinothe absolute state>"b-b-but muh shitcoinXYZ has le web3 oracles for supply chain automation and 1 gorillion tps and will replace VISA in two more weeks!!"shut the fuck up niggers, nobody uses your meme "tech" for anything except fleecing dumb goys like you
>>53061146>i haven't told me wife or her son yetthis can't be real
>>53059925>I HAVE ADULT BILLS AND I DON'T LIKE IT.Hate Americans so fucking much
>>53061093this post was a hell of a ride
>>53061186No one in tech industry even talks about web3 nowadays. If you even touch the subject, you get cancelled because so many retards fall for the "HODL" and are now with their useless bags full;
>>53059912Using an sba loan for investing is not a huge crime??!!!
The higher you go - the higher the fall.
>>53061192This man deserves respect. My prayers are with him. Everyone else can suck a dick.
>>53060154>he ignored his CS courses when he could have made it from creating his own shitcoin platformNGMI
>>53061253SBA loans is what btriggered the Fall/2021 pump. That was the round of second checks. It pumped shiba and all dog coin and metaverse.That was SBA loan money getting siphoned from idiots into whales pockets.
>>53060923>>keeping a gun in a safefortunately, he has a pattern of losing everything he holds, so he will be OK
>>53061326I would have fucking made a killing omfg i thought that shit was insanely illegal. I could have fucking become a 9 figure chad Wtfffff Niggas got the sba the ppp and rrf grant Over 2 million in total and we bought a second location for our business...omfg i wish i would have bought crypto and doubled that money at the very least before doing real estate with the money.
>>53060701I never understood crypto "investors".Everyone knows that for 1 person to double his money, another need to lose the same amount. There is no happy ending for bag holders.
>>53060096Newton was a midwit so what is your point?
>>53059880> a friend of a friend larp, stopped reading
I've lost 7m from ath. I have 20k in the bank.I owe the irs 100k for 2022. I've paid the irs over 500k in taxes.
>>53060724Hahahahaha
I lost 300 dollars this year :(
>>53061599>30KLMFAO
>>53059945Hahaahh
>>53061390>don't count your chickens before they hatchthat's one of the first things taught to little children
>>53061688nicein french we sayne vends pas la peau de l'ours avant de l'avoir tué>don't sell the bear's fur before actually killing it
>>53061617What dickhead puts their children's medical expenses into fucking crypto
>>53060096>So what? Here is an example of a smart person who didn't understand financial risk and lost all their money. QED because I lost my money I'm basically as smart as Newton
Dave Ramsey is reading this thread and laughing at you
>>53059895Kek you can actually see the state of mind in this guy. Like when he bounces from -350k to -300k you can see him think "i KNEW i was good at this, finally figured it all out. Time to bet big as i am bow a bona fide poker GENIUS" which then leads to even greater losses. And every win he has he has this exact thought and ends up losing it all and more. Kinda sad actually
>>53060764Doxx him faggot
>>53059880I have a friend who is a nurse that lost $200k in crypto and stocks the past couple of years.
>>53061774truethere's a small breakeven streak at -20k too before he starts playing higher stakes
>>53059880Thanks OP, Today you were not a faggot. I needed this thread to cheer me up. I have GF who doesnt have a job and she costs me a fortune in upkeep. I can take comfort that I dont have it as bad as these guys.
>>53061744from 15k to 4.6M after tax trading stocks. i call bs. or he got lucky with options. he would have lost it all anyway since he had 0 risk management.
>>53061823>I have GF who doesnt have a job and she costs me a fortune in upkeepdrop her anon
>>53061823glad it helped anonwagmi
>>53061780I don't want a permaban. I feel like he is really easy to locate though if you really want to.
>>53061864Go find some public wifi and get it banned retard
>as if a million voices cried out
>>53060096haha poorfag gambler detected
>>53061943last time an acquaintance asked me about investing in crypto I sent him all this stuff and he never bothered me again
>>53061192>despite being a very rational and cerebral personThis guy has a very bad case of main character syndrome
These are the only good threads on this board
>>53062014yep, see also>>53061418
>>53061462So how did he lose it? Seed compromised?
>>53062041no idea
>>53059880FreedomcoinsFreedom at home
>>53060029It's fake. Fudders are just trying to make Blockfi look bad.
>>53061414please tell me thats all he got
>>53062085man this is just sad
>>53060298They put massive stakes into bancor. Bancor was printing the retarded apy thay celsius was giving out. Markets started shifting downward and withdrawls were happening and leveraged positions were getting margined out, celsius tried to dump and close all its bnt at once causing that protocol to fail utterly as well.
My main takeaway is>dont gamble with money you cant afford to lose
>>53061186both perps and collateralized lending work perfectly fine also you can store your money which if thats not a real world problem why does everyone use banks?
>>53061725wow $350 per month
>>53062209amen
>>53062310top fucking kek these retards larping like they're in call of duty lmao this actually might be the best one i've seen yet
>>53060701This is just sad mang. No shadenfreude to be had here
>>53060701>>53062375if it makes you feel any better its completely fake. >July 4 bikefest>behaviournot to mention all the grammatical and syntax errors. it was written by some scammer in a third world country who is going to try and scam some sucker (like you) into "donating" funds to help buy his son a dirt bike lmao
this was two months ago. he's probably down to less than 100k now
>>53059880I honestly can't even pity them.Only bet what you can afford to lose, doesn't matter if it's race horses, bankers promises or internet randos' pyramid schemes.
>>53061403>i bought a worthless stock, based on greedcApItAlIsM hAs FaIlEd
>>53062310>paying to be canon fodder
I have no sympathy for anyone who keeps so much crypto in a wallet they don't have the private keys for
>>53062635>I have no sympathy for anyone in cryptosame
>>53059925>no income>bought a fucking mercedesThat's nigger tier
>>53060701>wife just happens to call the topsomething smells fishy, and I ain't talking about his nonexistent wife's vaginer
>>53062655see here: >>53062462
>>53060666kinda sad to see the people u dump on are very real and with real families, never gamble more than what u are willing to lose, the basics are always fundamental and rarely respected.
Why does no one every believe that you can go broke quick just like you can get rich quick?
>>53062739>Sam? How the hell can you call yourself an effective altruist?
>>53059880People just need to be honest that leveraged etfs and options are just gambling
>>53062178>>53062209>>53062375>>53062540>>53062635>>53062653>>53062709>>53062785i honestly find it impossible to feel bad for these people. some of these screencaps are of scammers spinning sob stories trying to make money off donations from suckers, but i guess some of them are real people who lost money. the reason i don't feel the least bit guilty for those people, is that they all probably grew up pretty wealthy. i grew up a true poorfag, parents both wagies, scraping to get by, and i'll say one thing, if you're throwing around amounts of money in the hundreds of thousands of dollars, you're probably very comfortable with those amounts of money. when i turned 20 i had earned $50,000 through years of retail wagie work and some manual labor. when i was looking around and deciding where to invest that money I would quite literally get sick to my stomach over the idea that i was about to give my money away to a bank (even an established and safe one), because i had worked so hard for it and i was so terrified of losing it. all the people here complaining about their life savings being lost probably inhereted all that money, guarantee you they didn't work for it or else they'd never have put it into some insanely risky speculative play in the first place. no sympathy.
>>53061471how much is that worth now? $600? :^)
>>53062709trueat least back in the day with poker I could tell myself the fishes had fun gambling while I was grinding
>>53062880genuinely don't think they could have come up with a funnier name if they tried. Internet Computer
Is all of this truly zero sum? Something like the S&P500 is theoretically not zero sum because of muh permanently growing economy (until the music stops) but for every crypto winner there has to be one or more losers right?
>>53059912>it was zero risk free money i don't understand what went wrongJustified JUSTing.
>>53062891Yes. Someone has to hold the stinky bags and the trick is to not get tricked into making yourself the bagholder.
>>53062862I think some of them are legit working class and lost years worth of real laborI mean lottery and sports bettors are usually poor
thanks for this threadi'm glad i started crypto as a poorfag and still learned the market and the chart and what a scam it all is for nothing; just got autistic with bots (TA is a lie). loosing 50% of nothing is nothing. can't imagine the pain of actually making 5 million and then loosing it. that's enough to an hero.
>>53062891>but for every crypto winner there has to be one or more losers right?the instrument in question has zero intrinsic value so it is by definition a purely speculative asset. crypto believers will tell you there will always be more buyers in the future who are willing to purchase your crypto for more than you purchased it for, and thats the bet you're making. unless you're using your crypto to purchase goods and services (which i don't think happens much anymore) then yep, you're in a zero sum game, better hope you realize it before the others do.
>>53062891Yes, it's like investing in art, except if noone wants to buy of you, not only are you out your money but you can't even hang it on your wall or charge admittance to show it. >>53062884And even the thickest idiots know that poker is a game that you can loose, no backsies.
>>53062962>zero intrinsic valuedefine value
>>53063012>define valuea measurable amount of benefit provided to an actor in the economy.
lost over 90% of my networth, which used to be >7figsidc, was just numbers on a screen anyway. why are people so attached lol>>53061979improper bankroll management leads to incredible volatility. guy is playing way above where he should be simply based on his bankroll size
>>53063053I want to have a solid understanding of value before I risk ever investing in anything that's even close to crypto again. what gives USD value?what gives gold value?what gives a movie value?what's the difference between a security an an asset if the asset is only valuable because someone says it is?i went so far down the TA rabbit hole that I forgot how the economy is supposed to work. the only thing that matters is the chart.
>>53061640That’s new car money I would be butthurt too
>>53063053I've traded crypto for gift card codes for takeout every couple of days weekly this year, does it still have no intrinsic value?
>>53061126guessing this guy never went to collage himself, truly sad
>>53063147yeah it's a classic from the two+two daysguy was a legendary degen
>>53063012Of use, be it mechanical, material, aesthetic >>53063149>what gives USD value?It's backed by every citizen, company, foreign trader and a very expensive army.>what gives gold value?Material use in jewelery and electronics, absolutely overpriced for that but has a absolute use value.>what gives a movie value?It can be used for entertainment, admittedly cryptoclowning is also funny in it's own way.
>>53063169great work man, you traded away your crypto for instruments that have actual value. proud of you kiddo
>>53061181>some experts predict
>>53062862Its more that they never seem to factor in 'what if I lose' when making these choices, they maybe realize its a possibility in the back of their head but theyd rather think they cant lose. Real fomo gambler mindset.
>>53063238So what I should instead do is, cash out when I want money, pay tax, then pay for takeout with fiat? Or pay for gift cards and never get taxed?
>>53062862>i was looking around and deciding where to invest that money I would quite literally get sick to my stomach over the idea that i was about to give my money away to a bankKek all I'm investing in is UST's right now and I get sick to my stomach. Some people just have lower risk tolerance and growing up poor makes you pinch pennies the hardest because you realize what happens to people that don't have mommy or daddy to bail them out of financial trouble.
>>53063313Scams are like elephants, If you're not on top of the scam, stay away or you'll get run over.
>>53063313(Dead)Scams are like elephants, If you're not on top, stay out of the way or you'll get run over.
>>53063336right there with you friend. i'm 50/50 in treasuries and VOO. growing up an extreme poorfag sucked, but at least i'll never show up as a screencap in one of these threads kek
>>530599451500 is nothing. My net worth fluctuates by that much just by holding euros and dollars
>>53062231And who is borrowing for collaterized lending? Just degenerate gamblers. It's a whole ecosystem full of shit and making up gambling and "governance" and oracles and other bullshit to cover for the fact there's no real use.It's only usable as money in 3rd world shit countries, but I'll give you that.
>>53063447buying cocaine on the dnms too!
>>53059880I went for roughly a half mil to 100k. But I'm not worried still since it was just my playing around mony I'd put in back in 2017.6.9 BTC and once I sell my truck that should be enough to get me to 10.The goal is to have 21 by 2024.
>>53060898He probably lives in burgerland. A welder can make 6 digits easily there.
>>53063012Anything that someone wants.
>>53061227>I reckon central banks will start using it soon.>A fucking dog shitcoin.AHAHHAHAHAHHAHAHAHHAHA
>>53062540how it started>Have fun being poor. how it’s going >I honestly can't even pity them.
>>53060666>bitboyOh satan you really outdid yourself this time
>>53060001He was just trolling
>>53061744>earn 4.6million>lmao go all in in this one crypto coin>calling it "some crypto exchange" he was never meant to be a millionaire
>>53062295>longing every top shorting every bottomthe /biz/ way
>>53061744>in the end his cousin that got him into trading turned out to be literally retardedShakespearean
>>53063948My favorite part was the golddigger gf literally hanging up the second she found out he wasn't rich.
>>53061653>My friends.Yup, that's a NPC.
>>53062310you get what you fucking deserve
>>53063417To some people it is, retard. Now stop LARPing and clean your room.
>>53060724I love hearing about absolute cancer getting rekt, hopefully he did an hero
>>53062666checked>"the future of finance" momentcan someone explain to me why this is not refundable? can't the contract just bounce the funds back if no logic was selected?
>>53064064The degree of unwarranted arrogance that the redditor possesses is what makes it so delicious. No humility, no awareness, just limitless smug entitlement. So their fall is always so complete and devastating as reality meets their delusions for the first time in their lives.
I still find it so hard to believe that actual people put actual money on platforms like Celsius, Blockfi and FTX
>>53060701OK this one comes across as a bit too larpy for me
>>53060724The personality trait (gambling addiction) that enables people to experience a 1,000,000x prevents them from locking in gains
Do you think that some of these retards will buy again almost at the top IF BTC has another run in a few years?
>>53059986retard got scammed oof
>>53064566I don't get it eitherCelsius is the most baffling because they had a porn actress as a portfolio manager
>>53059925>GLAmy 70 yo mum bought one as well
>>53064114Contract developers didn’t think it was necessary to put in that functionality before they renounced itMany such cases
how come no one started shooting (in minecraft) at that level of desperation? I would start to shoot at the avatar of people responsible for that, or jews in general (in roblox)
>>53064719101 posts, that is genuinely insane. pretty rare to see a dump this on biz, well done. bookmarked this thread.
>>53059880Best one ever. All commenters on Schiff's posts claim they made > gENerAtioNaL WeALThLmao and even sailor is 50 percent under water.
>>53065457thanks anon, glad you enjoyed itOP is me too but I had to go home a few minutes in
>>53065511oh shit, didnt even notice that; 121* ^_^
>>53065378Shooting politicians and jews in call of duty would only happen if people cant afford their McDonald's order and jewbux lates. Simple as
>>53065471It is one thing to see absolute floor level IQs get rekt. Much more pleasureble is seeing "smarties" getting it. Gigachud sailor, naib bukake, hopefully soon the little "carnivore" scum safedeen and his religious books. I was also almost scammed but thanks to glorious Arab leader, nassim taliban I got out at 50k. Insallah nassim
>>53061496>I am receiving counseling for free from the canadian governmentI bet they’ve already suggested he kill himself
>>53059945You have seen nothing, I present spongebob finance
>>53065703nice
i got halfway through thread and cant read more. just sad. they are morons, but just sad their lives are ruined.
>>53064114Many tokens have functionality to prevent tokens from being sent to their own address, but that costs extra gasMany tokens also have a recovery function, though WETH probably didn't implement one
I feel glad to have been such a low-information crypto investor that I never heard of celsius and blockfi
>>53060073How do these people even trick a women into becomming their wife?
>>53061146> her sonWhich one of you posted this
>>53062203he can just buy back in, he'll only eat a 10% loss on his stack which is nothing when the price is going to 4x back to all time highs.10% loss is nothing in crypt.if he waits to buy back in he'll lose even more money.
>>53066042Based retard. The midwits have been financially buck broken trying to chase their 13% apy.
>>53061546Fake and gay.You can get your dick sucked for free on grindr, no one is paying $75
this thread makes me feel risk averse. desu I was considering selling everything and just walking away with my meager gains. hard to believe they even still exist after this dumpster fire.
>>53061617Wowzers if true, god damn
>>53066108I remember hearing about crazy APYs like olympusdao and other "yield farms" and thinking "anything like that is obviously a ponzi or scam that's going to collapse" and not looking into any of those DEFI things further,I remember hearing about some places that offered ~10% APY and thinking "why would I want to deposit my crypto on some weird thing for a year only for an extra 10% when I'm probably going to want to trade my crypto before that since hte market is so volatile?".maybe if I understood it better I would have been tempted . oh well lol
>>53066151holy shit I remember that 1 million DOgbat buyer. he was the biggest dogbat spender. jeez
>>53060029If you put your name as something common it'll recommend you retarded usernames like that
>>53066042bro, all you had to know about DeFi was current interest rates. if a CD is paying 0.1% and these crypto lenders were paying 10-20% on USDT or USDC or whatever, then where the fuck was that interest coming from?I am fortunate enough to be extremely suspicious and relatively financially savvi. Not savvi enough to understand just how bad interest rate hikes would be, but enough to SURVIVE this bullshit.And yeah, I know the market has tanked to oblivion, and I should've went risk off months ago, but I'm unironically thinking of selling now because, well, where the fuck is the bullish sentiment going to come from?desu this deserves its own thread because I want actual opinions, though I'll probably just get a bunch of noise from sentiment managing bots.Interest rate hikes aren't finished, every fed meeting is gonna be sell the news because all Powell is gonna do is "WE NEED TO KEEP INTEREST RATES HIGHER THAN WHATEVER YOU EXPECTED" and yeah shit is trash already, but just how rekt is that fucker willing to take us? THERE IS NO PIVOT. As soon as we hit "adequate" fed fund rates, he's gonna hold it there til something collapses. And yeah, value trades are crowded, but just how crowded can it get? GOOGL and AMZN are on sale for 60% off and they're basically monopolies. NASDAQ has puked every fucking day of this month. Tax loss harvesting is basically over, but is that an excuse to rally? Shits fucked sideways and long duration plays have been eating shit all year, but just because it's a bottom doesn't mean there wont be a new bottom tomorrow, every fucking day of the year.tf man. I feel like a bottom signal just mentally capitulating right now but where's the reason to bull? Stocks frontrun the economy by 6 months.. SO WHERE'S THE BOUNCE? Not 6 months from now that's for fucking sure
>>53059945This might not be the worstBut it's definitely the funniest>Bingus tokenKek
>>53066259Wish I had a screenshot of the guy who was mad when PregnantButt rugged and he said it was supposed to be a solid hold.
>>53060169jesus this is fucking brutal :(2 years ago i considered putting money into "kraken" but chickened out, has that rugged peoples deposits yet?
>>53066252youre just parrotting the consensus of every "macro" "expert" on Twitter. The fact that's the consensus tells me that the bottom is in interest rates have peaked there will be no recession and 2023 will see everything go back up
>>53066296kraken is still around but it's just an exchange
>>53066311an exchange that you will eventually want to withdraw your money from ?
>>53066300nigger I don't even use twitter. all you need is eyes and a data feed to see what I see. I've held exposure to this shitshow all year and outside the Ukraine bullshit ending and Powell turning on the printers, there is no bullish catalyst in sight.
>>53065471lmao imagine responding to schiff at all he just sells gold of course he's going to tell you that everything else is bad
>>53060087are you denying that tons of retards lost their money to scams?
>>53066320I don't know, I don't keep coins on exchangesBeen here a while and firmly believe in the 'not you key, not your coins' mantra
>>53066252stock market is like a train.You can get on when it stops moving, jump on as it catches speed, but most stand on the track and get run over.
>>53066396so did the train stop or is it hitting terminal velocity downhill?
>>53066335Regardless you're just spouting the same thing as everyone else who thinks they're an expert. Given the consensus is almost always wrong or at least lags after the fact I'm gonna predict the opposite.
>>53061254Literal pocket money and he gets harassed and threatened for it. Kek.
Threads like this make all the fomo over the years worth it. Feels good to be in the IQ bracket where I made nothing off crypto but didn't lose anything either. It was just a fun game while it lasted.
>>53066485I know a person with the name chizaram they were Nigerian. 400 dollars is enough for a small farm over there kek
>>53066252This very reason I stayed away from all cefi, and for defi I never stay long enough
anyone i here lost more than $2.5m? Thats how much DOGE I lost on Cryptsy at current prices, didn't bother with cryptos for years afterwards. I probably would have sold it way earlier though. I mined it all when the difficulty was 7, on a single card, in my RV.
>>53065157>>53065910ok thanks boys
>>53061316>nft profile picture toothat man is simply too deep into the rabbithole. when he wakes up his brain is going to implode.
Couldn’t make it through all of these but what I would conclude from the horror stories I did read I would boil it down to two sins: greed and egoGreed is self-explanatory but so many posts had a theme of “I have always been rational and intelligent” or “I figured things out and was just about to beat the game all the other fools played”. Even with all of their money lost they wouldn’t let go of their arrogance. I personally lost tens of thousands with buying watches but didn’t lost anything trading, I broke even then bought bonds and savings. I am what you could call, just a little bit retarded but still solvent. See how I just said I was a little retarded, you too could not lose your money with such a mentality.
>>53060096The point is to learn from it all. To manage your GREED. To learn to play defense with your money. To recognize the larger game of human emotion. To be humble and not a typical Bull Market genius. I'm 100% positive all of these sad stories were proceeded by months of loud "I'm a genius" bragging.
>>53067118Sounds like someone with a like mind.
Do these people have no survival instinct? I feel like vomitting only from thinking about using something like Binance Staking with more than 5% of my coins
>>53062310This absolutely CANNOT be fucking real, lmao
>>53067187I’m telling you man: main character syndrome, greed, and ego.
>>53067187Crypto is to all intent and purposes just a get rich quickly scheme mixed with some ponzi shit nowadays. Yeah, you can make money off it, but chances are that you won’t.
>>53067244lmaothis one is the best
>>53064116That's what makes it so satisfying to see the GME/AMC/BBBY Redditors getting rekt
>>53059880Thanks for the thread OP. Makes me feel better losing -25k this year
>>53060109>i have about .25btc with youlol shut the fuck up actually