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51454824 No.51454824 [Reply] [Original]

i unironically went all in on bitcoin because I thought it would protect my wealth from hyperinflation

i've seen nothing but red now for almost 6 months and am now having to sell at a loss to pay bills

>> No.51454867
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51454867

many such cases and thanks for playing fren

>> No.51454869

>>51454824
I did the same with Gold and Silver. Who would have thought that they’d reach new lows while money printers go brrrr? I’m sure they will go up eventually but I fucked up

>> No.51454880
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51454880

>>51454824
It's not your fault Bubby, you thought the world was destroyed. You been raped by your mom all your life, you don't know better

>> No.51455358

>>51454824
lol

>> No.51456509

>>51454824
bitcoin protects against inflation, not deflation, which is the current fed monetary policy via raising rates
>>51454869
you retards are acting like it's still 2020, what money printers?

>> No.51457068

>>51456509
>what money printers?
Umm to fight Putler's inflation, sweetie? EU is still giving massive gibs because they want to delay recession

>> No.51457095

I'm buying

>> No.51457116

>>51454824
congrats you should have listened to the many times i posted and the many other anons who also warned that fake digital tokens are not actual money. gg retard

>> No.51457170

>>51456509
it's not that simple. actually it's inflation but for 99.9% of people the money isn't accessible so it's deflation for them. the consequence of this is that everything is losing value basically.

>> No.51458710

Don't sell all at once. If you survive a few years, it will pump again. Maybe before. Unfortunately, this is what creates a bottom. When hodlers are forced to sell to pay bills