[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 57 KB, 640x759, 1687650008743585.jpg [View same] [iqdb] [saucenao] [google]
55633433 No.55633433 [Reply] [Original]

Why did people not go all-in on crypto in 2020/2021? It was obvious that this was a once in a century opportunity to become generationally wealthy. Yet I knew people who didn't go all in and take out loans to max out their crypto gains. Worse still were the ones who had savings and still refused to. What causes this unthinkable irrationality? It almost seems like they pride themselves on being poor and feel morally superior.

I tried to get a lot of people involved in crypto. Friends, coworkers, and family. I showed them my successful trades, my strategies, and my results, and explained how they could risk an absolute minimum of cash for incredible potential rewards. I was no crazed zealot, I very unobtrusively talked about my trading and how I wanted to share my success. Yet no one was interested. They seemed more interested in the meme stock bubble and wallstreetbets. It's like anything not on social media doesn't exist to normies.

What was baffling is how people continued to gripe about money issues, talk about how much they hate the rich and how unfair inequality is and how they can never buy a home. When they had a friend who was spoon feeding them a way to get rich, with almost no work required on their part. It's strange watching people be so dumb.

>> No.55633447

yawn

>> No.55633478

> why?
To make you nuts

>> No.55633484

QRD on picrel?

>> No.55633496

Crypto is zero sum
Someone had to lose money on this shit dont forget that

>> No.55633508

>bro why did no one buy at 60k I was a financial genius

>> No.55633603

>>55633508
I didn't shill to anyone at 60k. All through mid-late 2021 I told people to exit and that the crypto market had topped

>> No.55633658

>>55633484
Benadryl in high doses has a hallucinogenic effect, A lot of people report that benadryl makes them see shadow people or 'the hat man' or whatever

>> No.55633666
File: 354 KB, 710x480, 4alncm.png [View same] [iqdb] [saucenao] [google]
55633666

>>55633433

>> No.55633678

>>55633433
many NPCs like being conned by the system. they are also very cowardly and fearful of trying alternative things cause it often causes loss of social status

>> No.55633689

>>55633433
>2020
no disposable income
>2021
people did with neetbux but at the literal top

>> No.55633797

>>55633658
Thanks anon, I also read the spiders are maybe because people get itchy and their brain makes them think they have bugs crawling on them

>> No.55633841

>>55633433
>When they had a friend who was spoon feeding them a way to get rich, with almost no work required on their part.
That's where you're wrong. Even if you tell them the solution, they still have to do a little bit of work. It takes time to buy bitcoin and transfer it to cold storage. And it requires effort to do some personal research and build up enough conviction to buy it. If buying BTC before the halving and holding until after the halving feels easy, it's only because you have an intuition for supply and demand dynamics and/or a natural distrust of government. Over time, bitcoin holders will outbreed fiat slaves, so humans will advance towards a kinder species. But today you can't expect someone genetically engineered for slavery to adopt bitcoin. Just be grateful you get it.

>> No.55634026

>>55633433
Because no one has money to invest, it's really that simple. Don't you hear all the stats of how many even "well off" people are living paycheck to paycheck

>> No.55634033

>>55633797
It's not that subtle. At high doses you become delirious and have vivid hallucinations of crawling insects and people. It's not a "good" trip though, it's basically a horror game IRL and you may do things you regret

>> No.55634080

It takes effort.. Or rather the entry barrier is raised for plebiscite
Yup, when you send more than 10k to those legit sirs at crypto exchanges on Bahamas etc you get your anus inspected flagged by bank transactions reviewed etc
Neither normies or richfags who made by shady means are undergoing this for a stack of dog coins

>> No.55634133
File: 5 KB, 250x247, 1689572476196382s.jpg [View same] [iqdb] [saucenao] [google]
55634133

>>55633433
The doomers on here fudded me out. Now Im left with a pile of worthless fucking silver

>> No.55634439

>>55633841
Sorry but your post reads like pure mental illness. Bitcoin will have a small run again but it has very low utility. All it has is incumbency. Eth is superior to btc in every way. Eth/btc long short is one of the easiest trades you can make - 30% downside in a cataclysm and 400% upside in the coming years.

Around the time the bitcoin etf gets approved is when you bet the farm on this trade. As a long term hold, eth is safer though.

>> No.55634453

>>55634080
I never had problems wiring 10k. Sometimes they ask you to verify it over the phone but thats it.

>> No.55634487

>>55633484
High doses of benadryl makes you see shadow people and shadow spiders.
Can confirm.

>> No.55634519

nobody actually got that rich off of it except for people who were already rich. maybe a relative handful of anons and nerds made enough (and managed to exit without getting scammed or bent over by the IRS) to retire in colombia or the philippines...but other than that? not many people really made it.

>> No.55634761

>>55633433
didn't read
People didn't do a thing you thought was obvious because of two reasons, they didn't know or didn't believe. Distraction and FUD. Simple as.
This doesn't warrant a fucking blog or even a thread, tl;dr it next time faggot.

>> No.55635432

>>55634439
>Sorry but your post reads like pure mental illness.
Proving my point. You like the mental traits to understand.

>> No.55635600

>>55633433
I was accumulating $200 eth during that time. many thought it was over after the 2018 crash just like many think it's over now.
>>55634133
don't buy boomer rocks or link

>> No.55635708

>>55633433
They need something to protect them, Now that regulations are coming out, they do have something. With Anonymous identity solutions like NexeraID and Nugget DIDs, crypto essence will still be based.

>> No.55635755
File: 8 KB, 285x177, images (2).jpg [View same] [iqdb] [saucenao] [google]
55635755

>>55633433
Crypto related...

Why not instead of crypto you just buy NFTs via normal bank methods and send it to someone's debit?

This does require trust between both parties but come to an agreement of who sends what first or maybe a sort of "I'll send you ten dollars to show good faith, then the rest when I get the nft"

>> No.55636269

>>55634033
Creepy, I wonder why people commonly see similar things