Anyone Invested in crypto?

[jsx1043]

I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.

 

[ChristianPatriot]

I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.

 

[PistolBob]

I bought a sack of wooden nickels...gonna be worth millions

 

[Kutnupe14]

C’mon bro! Andreas is, after Satoshi, the guru...

 

[Kutnupe14]

I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.

What DO you understand? Here is Milton Friedman in ‘99. After I saw this vid in 2014, I was in!

 

[jd4320t]

Looks like I bought too early in the dip lol. Bitcoin under 40k now.

 

[Itchytriggerfinger]

Looks like I bought too early in the dip lol. Bitcoin under 40k now.

I've read that 33k is the floor. I'm ready to buy more but just hoping I time it right. I got out of matic at $2.44. Got in at 34¢

 

[ChristianPatriot]

Eth is down 50%. I should probably get on that.

 

[BugI02]

I need a crash course in crypto. Been doing a lot of reading and I'm still not sure I understand it.

A drop of 34% in a week, for an asset that wasn't a penny stock but rather over $55k per 'share', WAS your 'crash' course. Know your tolerance for risk

When there is no underpinning value to the asset other than contrived scarcity, caution is always indicated. If you want overnight riches, Tesla would have been a 'better' play, since there is actually some there, there

Remember, the best way to make a small fortune speculating in the market is to start with a large one

 

[Kutnupe14]

A drop of 34% in a week, for an asset that wasn't a penny stock but rather over $55k per 'share', WAS your 'crash' course. Know your tolerance for risk

When there is no underpinning value to the asset other than contrived scarcity, caution is always indicated. If you want overnight riches, Tesla would have been a 'better' play, since there is actually some there, there

Remember, the best way to make a small fortune speculating in the market is to start with a large one

Since you said "overnight," I must disagree. Most crypto holders I imagine are speculating. I have a fair bet that more "normal" people have become rich from crypto, than Tesla.

 

[ChristianPatriot]

Any theories on what caused the big dip recently? I haven’t been in the game long enough to see any trends.

 

[mbills2223]

Any theories on what caused the big dip recently? I haven’t been in the game long enough to see any trends.

China

 

[nra4ever]

Any theories on what caused the big dip recently? I haven’t been in the game long enough to see any trends.

It was a coordinated attack to liquidate a large holder. They even posted the times when things would happen. Lots of discussions about what happened. people got wrecked yesterday.

Remember you only lose money if you sell. Strong hands!!!! diamond hands laser eyes. HODL.

 

[sixGuns]

Memecoin pump and dump, just don't get left holding the bag if you're feeling daring/lucky.

 

[AtTheMurph]

What DO you understand? Here is Milton Friedman in ‘99. After I saw this vid in 2014, I was in!

And this is exactly why governments will all seek to control, outlaw or otherwise mess up cryptocurrencies.

cryptos are a threat to governments power and if there is anything that history should have taught us, it is that governments do not take threats to their power lightly.

 

[AtTheMurph]

China

and the USA threatening regulations, which are inevitable.

 

[JettaKnight]

And this is exactly why governments will all seek to control, outlaw or otherwise mess up cryptocurrencies.

cryptos are a threat to governments power and if there is anything that history should have taught us, it is that governments do not take threats to their power lightly.

A currency that's not useful as a currency poses no threat at all.

 

[mbills2223]

and the USA threatening regulations, which are inevitable.

Yep. No biggie, I'm long on doge and bought at $0.079507

 

[Kutnupe14]

And this is exactly why governments will all seek to control, outlaw or otherwise mess up cryptocurrencies.

cryptos are a threat to governments power and if there is anything that history should have taught us, it is that governments do not take threats to their power lightly.

I thought this originally. No govt is able to control Bitcoin. Outlawing it is futile. Their best bet is to “try” regulating it, and even that, will have to be done by “gentleman’s agreement.”

 

[indiucky]

My wife says I invest too much time on crypto subjects.....Mostly this being here...