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/biz/ - Business & Finance

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53391120 No.53391120 [Reply] [Original]

There was a point in crypto in which you only needed to invest a few hundred bucks to make life changing money. Now you need to invest at least 6 figures to make a decent return.


WHAT THE FUCK WENT WRONG

>> No.53391156

>>53391120
you know what it was

>> No.53391195
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53391195

jpegs are doing 10x even during this very bear market and will do 100-1000x during the next bull run yet again outperforming absolutely every other asset on the planet and nu/biz/ will again just seethe at it from a distance yet again

>> No.53391280

>>53391195
NFTs are good, but it's even a bigger landmine to pick the right ones. and im in several groups. they are terrifying to invest in unless you have extremely disposable income.

>> No.53391297

>>53391280
Which groups?

>> No.53391330

>>53391297
llamaverse, zen academy, acid burn, and some others. but it's still all just second hand knowledge. at the end of the day it's just some rich cunts designing which NFTs will pump and letting a few plebs in momentarily. you have to front run them before they dump on you. it's a really shitty PVP market.

>> No.53391354
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53391354

>>53391120
The scam has reached its logical conclusion

>> No.53391365

>>53391280
as if early crypto was without landmines. you transact p2p with some sketchy dude IRL hoping not to get wrenched, then you trade on a single available exchange which then goes bust, ICOs where you literally send your money into a random address from an email you get hoping you don't get rugged etc

there is always some risk. without risk there is no reward

>> No.53391422

>>53391365
understandably. but early crypto was throwing $500 in something and it becoming $800k. Throwing $5000 to see it go $30,000 then see it drop to $2,000 because someone fudded in TG. it's a different landscape anon.

>> No.53391490

Every ID is ambiguous now. It will have the plus sign but not be green, or it will have a Y and an N in it, and there won't be dubs, etc. Furthermore, the poison marking this bottle was applied directly on top of a seam in the plastic and it was so razor that it I am only inferring that I can even see it all. The markings on these bottles used to be 1000x more visible but now they are almost completely indistinguishable from the scuffs that cover every plastic bottle. Usually I have looked for markings not directly on, and parallel to, the seams in the plastic but apparently that is where they are putting them now.

>> No.53391513

>>53391422
>but early crypto was throwing $500 in something and it becoming $800k
that was ALWAYS an extremely small amount of people, in most cases just people who literally forgot about it and then miraculously gained access again. this entire "if only I bought BTC in 2013 I would've made so much money bro!" cope is meaningless because in reality you would've sold early once your 500 bucks became 10K usd and then fell back down to 750 bucks, like 99% of people did.

the digital casino won't go away though and people will only become even more terminally online and even more desperate in trying to throw their money at the digital casino trying to escape the rat race, the days of the """safe""" bank savings account die with the zoomer generation

>> No.53392072

>>53391120
Market is overpriced. Come back in 6-12 months.