There are posters on here who seriously talk about retiring on their "crypto" in the near future. Where to move to to cash out etc. It doesn't appear to be a long term goal as in "start to cash out in 20 years to retire in 20". Obviously such talk is a bit muted these days, but if gives the impression that the posters are fairly concentrated. They are entitled to do that; I would just hope they know the risk.
I would advise anyone who doesn't want to suffer financial ruin to get out now. There are some heartbreaking stories surfacing of the poor people who invested their savings into these pyramid schemes. It's hard to read but for anyone reading this and can, just cash out and walk away. Your family will thank you. Crypto will only have value as long as there are fools left to fool. When that will be I could not say but you can be sure a lot of people will be left with nothing after the primary investors withdraw the cash first and walk away.
Most people made a ton of money in these forums, check the dates on topics and market cap at the time. A lot of people already 100x their investment and you speak as if we all lost. My family does thank me but not the way you imagine.
You always cash out in the bull market not the bear market. Only put in what you can’t afford to lose and dump the small caps/**** coins and don’t ride small cap cryptos all they way down. All those stories of people getting ruined either go in during a bull market and/or rode it all the way down during a bear market. Zoom out and look at the cycles.
Happy to see people make money! Caveat it's only made when it's sold back to real money. I hope you have cashed out!
Losses in crypto are at 1 trillion I think to date so lots of real losers in this. You won't hear about them as much. The embarrassment and shame keeps people quiet.
As for potatoemans comments if everyone could identify these market changes we would all be rich and there would be no market as it would be 100pc predictable!
...
Funny one with them letting all the planes fly empty during covid
itired of the same spiel out of you t
Adds money to my net worth
I suppose, like many things, it's how you frame it.
You can be happy that you are 100x up now. Or you could look at it and think you were 300x up on paper a few months ago but didn't cash out. In which case people might be upset at the 200x that they "lost" on paper.
I was vocal on selling the top when ETH was over 4k, I came on here and said I'm selling most of my crypto but people like yourself and 1 or 2 others are only vocal when the market is on its knees
Nope. I recall asking why people were not selling when it was up over 60k. There was another poster JohnDoe and he was saying it and I asked why nobody was listening to him. Most of the posts at the time were about lads "buying the dip" or "filling a bag"
No need to be bitter or take it out on me. I don't take any pleasure in seeing it go down. I hope that people do well out of whatever they do.
good lord this is getting old
You need to follow the market trends, and that particular cryptocurrency, which you intend on buying. You have to keep in mind, that the market is volatile, hence an investor must be able to bear risks when he is investing. But, once the cryptocurrency value increases, you can either sell it or withdraw it, as per your convenience
IF it increases. There is no certainty.
now, its saving the planet. Now.
In other news we are 50 years from top soil depletion and <20 years for the water wars.
Rookie error dude. There are literally hundreds of proposed consensus mechanisms. Some have been trialled and other are mere academic proposals. POW is merely the "main" one currently as it is used for Bitcoin. Blockchain =/= POW.
The thread's looks amazing I wish more discussions happens it looks dead kinda now unsure what could be the reason.
Is that the threat or crypto you are talking about?
I think the cryptocurrency market, like any investment area, has ups and downs, the important thing is to study the market and stay up to date on general issues that can cause any kind of volatility to know when to take advantage of these moments.
The market is highly irrational. The day that Bitcoin Gold was 51% attacked, it went up 15%, why? No one knows. The whole allure of the market is that it's unpredictable and often doesn't follow logic. Many day traders have admitted it's batshiat.
That's what would worry me....overexuberance and overcorrection grand......but moving in the opposite direction it should entirely = RISK as a lot of market participants are clearly batshit too.
Indeed, but that's on a short term basis. On a long term basis it's (so far) been remarkably easy to make money with relatively low market knowledge or skill or experience. Just basic patience and a bit of discipline.
Exchanges are starting to block users that have used tornado cash.
Tornado cash is a literal money laundering service, and from the comments I'm reading online, it's obvious a significant amount of the crypto community are not just okay with it, they are defending it. Unreal.
I don’t understand why anyone would use it for anything above board. I think a poster on here said they used it with clean funds as they liked the idea. I never would want that linked to any of my accounts, that said if you use defi apps they don’t check this right now so it’s possible that you already have some, same as p to p trades.
Last chance to buy at €23k
Last chance to buy at 23k 21k
Last?
Taking the mick out of crypto slogans
![Photo of [Deleted User]](https://wc.vanillicon.com/v2/c5875089d460529731510c4efd345b99.svg)
![Photo of [Deleted User]](https://wb.vanillicon.com/v2/b6b5e0fcea13f643236bc41276a76831.svg)
