[ 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: 286 KB, 849x813, 1593787352632.png [View same] [iqdb] [saucenao] [google]
25826518 No.25826518 [Reply] [Original]

>BTC moons for months
>alts get rekt
>BTC dumps 20% in a day
>alts get completely and utterly rekt
So alts are just a scam? Is there literally no situation in which they go up? Why would anyone ever invest in them?

>> No.25826602

>>25826518
no one should ever buy shitcoins. this entire board is dedicated to scam and cheat you out of your precious BTC.
you can make money off of shitcoins but you need to be a good trader for that. maybe you luck out a few times, but most people lose money with trading and that's a simple fact.

>> No.25826674

>So alts are just a scam?
Yes.

>> No.25826689

>>25826518
Alts go up when:

1. BTC is crabbing generally upwards after a long bull run and sentiments are generally optimistic.
2. BTC is going sideways before the inevitable crash and investors are squeezing the last few gains out of the overheated market.

>> No.25826706

>>25826518
Long XMR here. Only altcoin worth something since it will be actually used as currency in the future.

>> No.25826714

i thought alt season isnt until after bitcoin peaks. im not going heavy into shitcoins until at least $150k

>> No.25826793

>>25826518
Alts are just literally meme , fucking noob gtfo

People just buy them for the keks ocacionally they sin but that a different story.

>> No.25826814

>>25826518
>alts get completely and utterly rekt
I sold RSR near 3.2c after it went up 100%+ in a week, after this crash it is still above 3.2c...

>> No.25826870

>>25826706
What future
Wake up fag

>> No.25826958

>>25826689
Not true, usually alts go up when bitcoin crabs in general like you said or after it dumps

>> No.25827267

>>25826870

Dystopian present/future

>> No.25827362

Apart from specific alts growing, yes, as a whole, they're a scam.
>>25826814
RSR was a winner. Imagine being a fantom bagholder. The Graph. XRP. RLC. All gained almost nothing this entire time BTC went from $4k to $40k. Absolute financially cuckery

>> No.25827408

>>25826518
Yes

Who the fuck is dumb enough to use alts as an investment tool

This isn't 2017

>> No.25827430

>>25826518
The only reason shitcoins go up is because other retards buy into it. They arent any "alter" coins. We already know bitcoin is the real one. The only ever alter coin was ethereum 3 years ago. Not its just tons of worthless shitcoins around. The only reason to get into shit like that is to shill for it and get other people in it to exit with a few 100% gains. Shit coins have no second bullrun in a few years.

>> No.25827485

Bitcoin is a coin ethereum is a platform with ether as coin. One is a currency , the other has a completely different purpose. How the fuck is that a Scam?

>> No.25827570

>>25826518
You shouldn’t. Alts are only for scammers to dump on desperate newfags and get more BTC.

>> No.25827692
File: 1.84 MB, 400x400, 454567878.webm [View same] [iqdb] [saucenao] [google]
25827692

Money is the most effective scam perpetrated upon hairless apes to date. Cherry picking scams among scams is yet another glaring display of the overall ineptitude of our kind.
We will eat the privacy.

>> No.25827802

>>25827692
>t. 100 iq

>> No.25827830

>>25827267
The future is the present but more screens

>> No.25827859

>>25827267
This. Shit like Monero will survive, because it is really decentralized and private. Will be used on black markets and shit in dytopia. rest will get regulated out of existence by the satanist globohomo kikes. look what happens right now in England. EU and USA next. The shit will go to ZERO.

>> No.25827929

Altcoins are the only thing with any good returns if you don't have much money to invest. Can't just ape into alta with 100m mcap and think they will 1000x though

>> No.25827931

>>25827485
Don’t confuse the maxis pls

>> No.25828335

>>25826518
Alts moon once then die. They're zero sum gambles basically. Chainlink is the most successful shitcoin, but it's still a shitcoin.

>> No.25828471

>>25828335
XLM still hasnt mooned yet
>>25827609

>> No.25828492

Unless we have another real alt season. Is looking like it might never happen though

>> No.25828551

>>25826958
but alts dont pump during crabs if there is strong uncertainty

>> No.25828602

Reject shitcoins
Embrace boomer stocks

>> No.25828622

>>25827430
and what is the reason to hold btc or eth? so you can buy something with them? kek

>> No.25828662

>>25826518
Ethereum is really cool... if it actually worked as advertised.

>> No.25828964

>>25826518
People only buy Alts in the hope of trading for bitcoin or usd. Make of that what you will.

>> No.25829045
File: 26 KB, 331x331, 1849_PRL[1].png [View same] [iqdb] [saucenao] [google]
25829045

>>25826958
>usually
You may be right. I haven't been around since the last bull run, and I used garbage alts to get a few more gains in 2018.

>> No.25829101

Pshhh some of us just hold onto them until they get delisted

>> No.25829827

>>25826518
>So alts are just a scam?
Yes, they are. All of them. Only Bitcoin was not sold to the public by a founding team.
BTC will recover quickly from this dip and when it does alts will suffer a lot more in sat.

>> No.25829858
File: 646 KB, 1242x2326, 2CCD0ED2-F312-40A9-A4B4-91D03186D60D.jpg [View same] [iqdb] [saucenao] [google]
25829858

>>25826870
Today, retard

>> No.25829957

My alts did pretty good past couple months. Outpaced btc by a lot. Tethered up when I saw the nigger rappers tweeting about bitcoin stock

>> No.25829991

>>25826518
Yes. The only alt coins that are not a scam are LTC and Doge because they didn't pretent to be more than a bitcoin clone.

>> No.25830103

>>25828335
if chainlink is successful then wouldnt it not be a shitcoin?

>> No.25830678

>>25826518
Were... you not riding all the 50-80% pumps every day for the last week? Even XRP got a 30% pump and those fucks are being sued by the SEC.

>> No.25830696
File: 133 KB, 2270x597, Capture2.jpg [View same] [iqdb] [saucenao] [google]
25830696

My alt is fine annon, what alt u got?

>> No.25830755

>>25826518
the alts I'm looking at aren't dumping as much as I would hoped desu

>> No.25830847

>>25826518
Shitcoins are utterly dependent on bitcoin

>> No.25830885

>>25830103
ETH needs to be successful for link to be successful. No doubt in my mind if ETH was scalable right now LINK would be worth $50 or more.