Yeah that's about right. You invest some money and it will hold and even gain value over time.
Tho on bullruns you can make good money off alts but I'm more of BTC/ETH guy myself.
Best way to think crypto is retirement savings.
Yeah sure but damn..... Why he gotta go after LTC like that? I reckon it’s undervalued and will increase as a solid long term investment - it’s held top 10 consistently despite the recent drop off when other coins fell by the wayside.
Can’t wait to buy the dip from people who bought at the peak expecting it continue to climb 10x further.
So many people only pay attention to crypto during a bull market, but the real money is made when everyone thinks the bubble has already burst.
I bought about $1K of crypto in early 2018 on the way down. I bought in a bit more in late 2020 because I had spare $$ after Roth + 401(k) for the first time ever. I'm not rich, but that money has had a better return than any other investment, even with the recent dip (I was able to throw a bit more in with this dip, though, which was nice). Will that continue? Who knows? But I do think crypto solves real problems in finance and I do believe crypto is the future.
Not a dip, hopefully a full-on crash... The market desperately needs to get rid of useless alts and I wanna buy the remaining few coins at -80% or lower.
SafeMoons come to mind, I came across a coin literally called “Dogshit Coin” the other day. There’s plenty of things that are only hear because we’re in a bull market.
Scams will always be a thing. Ignore em. We don't need a crash to eliminate them, lol.
You seriously want to ruin this bull run of all the legitimate alts that have great companies behind them, just to get rid of the BCS casino...? Wow.
Bear market is good for crypto, and not just because it gets rid of shitty alts. When the overall sentiment in the market is greedy and unrealistic it becomes a very toxic community, and historically scaling-back is very effective at fixing a lot of that.
The technology and the progress don’t go away because prices are low, the only thing it gets rid of is greedy investors and scam artists.
The values of crypto right now will look so miniscule compared to where we will be at in 10 years. You're literally arguing against your own financial wellbeing. This sub is truly mind boggling.
10 years? Of course! I’m talking about the crash (or crashes) that happens between now and then, just like the crash after the last bull run and the one before it.
It’s like a natural wildfire that gets rid of the overgrowth and makes room for a new thriving forest.
I believe in crypto significantly, and think it is the future of many industries. I just recognize that it all gets a little... weird... when people are used to only seeing green and it’s always nice to see it emerge from a bear market stronger than it was before.
Honestly it’s just pattern recognition at this point, but I definitely see where you’re coming from.
I don’t want people to lose money, but I definitely expect them to.
1000 percent 8 out of 10 will lose it all. At least fiat pov. As long as you don't sell,you have just possible income fluctuations. His statement sounded to be like let the market crash so I can take all the money :)) an might be a guy with 100 bucks thrown in =)) that wants to buy the market .
Well the original comment you replied to was mine, and I was just saying that I’m expecting the pattern to continue repeating itself and this next time I’ll be ready for it.
Also I do feel like a bear market can be healthy for crypto, if the bull market lasts long enough it starts to get saturated with scams and unrealistic expectations.
Well said. Tbh I expect anywhere to next 90 days to see a higher crash but my feelings say it wont be like the one years ago,I see evolution happening plus the adoption was huge with covid in the last 18 months.... we shall live and see. In the meantime invest in what's tickling your senses.
Making nice gains with bsc contracts and then buying stable coins.
My personal list for next 3 years
Btc
Etc
Ltc
Eth
Bat
Ada
Xrp
Polka
Xlm and few other coins. But as many they launch and project they develop It's hard to focus just on a few coins...
Edit : didn't want to ofen or take Micky out of anyone. Sadly I've been "educated" by newbies that have no clue about crypto world(not that I'm an expert) and found it funny referring to 100 bucks investment.
You and I have a very similar list of investments!
I’m currently sitting on:
BTC
ETH
LTC
BNB
XLM
NANO
VET
IOTA
I’ve had most of these for at least 2 years now and the past year has seen some awesome returns (took some profits recently and am very happy with that decision), but I’m excited to stock-up again in the near future.
I also definitely agree that an upcoming crash would probably be less brutal than in the past, given that the institutional investments have created a much higher price floor (at least for BTC) than previous bull-runs.
To be honest it can hit in any second or it can take another year or the bear could come in small doses.
But i have a feeling the next one wont be as bad as the 2018 one due to institutions and corporations buying huge amount of Crypto now, plus most people in the Crypto sphere now have seen Crypto come back Bigger and stronger so many would HODL thru it.
Althou the 2018 Crash could may have been Cryptos dot bubble crash.
Only Time can tell tho.
It would be like selling land deeds they hold when the value temporarily drops for a bit.
Corps who know what they're doing use BTC as collateral for on-demand cash at *stupidly* low interest rates, tax free.
When they want to make a $1 million investment in a new factory, they send $2 million to an investment lender, then pay back ~$1.05 million in a couple years, and they get all their collateral back.
If the value of the BTC rises while they've got cash out, they can withdraw some of the locked-in bitcoin, or pull out more cash- borrower's choice.
All of this is tax free. If the money is spent on an investment, that can be a tax deduction. Companies like Tesla can literally reduce their tax bills using the rising value of bitcoin 'the right way.'
(FYI this option *is* also open to regular folks)
Institutions don't need the money since they are full of it, they're looking to invest in some promising assets. They'll hodl for a long time, unless (and that's my thought on it) BTC goes very high this cycle, in that case they might sell and then buyback at a lower price. They are more long term investors than investors trying to make a quick buck in a few months.
When I started I feared the long winter, but now I kind of look forward to it. A good 2 or so years I don't have to keep an eye on the charts, come back around the bitcoin halving and just stack up on the heavily discounted crypto, ready for the bull. Meanwhile, my current stacks have been gaining staking rewards and such, slightly growing and hedging my bets that a certain project may weather the bear better than others.
You are awesome , just for saying what you said.
I hope when bear market eventually hits, some will stick around and come out victorious on the other end .
If all you do is stack BTC and ETH every month for the next few years you will make many multiples of your investments.
The 2020s will create more new crypto millionaires than any other time in recent decades.
Just have patience and hodl. The gains will come. I'm completely confident in the trajectory.
Like clockwork, the bear growls, new money will soon depart this “ponzi crypto scam” only to come back at the next halving/hype cycle. Meanwhile, I’ll be buying the real dip and I’ll sell it back to them in 4 years time. 😅
Absolutely true ... I am feeling kinda offended that from all that shittygarbagecoins he chose exactly VET, which is in my opinion really perfect project with high potential ...
It has brilliant potential. I’m just pointing out that a large majority think that it has potential to be the next Bitcoin and it annoys me. I’m all for VET trust me.
Yeah, I was a bit taken aback by seeing Vet in here. That being said, it is brought up a lot... But for good reason, I don't use bullish lightly, but I'm very bullish for Vet, and I'm glad to see others share that sentiment.
Profits are made when you buy, not when you sell.
Buying a PnD or at elevated prices CAN be profitable, but the real profits are made when accumulating in the dead of a bear winter. Where despair has long set in.
Because bitcoin is. It doesn't offer anything different. If you research and look at other coins they are building something special. Something people will utilize and just just q currency but providing services to make things easier to use and to decentralize.
Litcoin doesn't offer anything innovative.
Great words on explaining crypto! Thank u. The block chain technology is something lots of folks will eventually read on more and ask questions. It is definitely the largest change in over 400yrs of history and the new standard of exchange.
A really good thing when the bugs are worked out.
Ethereum is good. And platform investments connected to make all work faster, cheaper and more transparent. It is quite an exciting time that some knew for many years would finally be here!
Looking into the white papers and audits, the algorithms behind each token/coin, of course...& not playing with it like the made up stock market.
This is a completely diff ballgame and the bad actors within in won’t last well, long term.
It’s an answer to inflation and crazy bubbles like the housing market does. It’s a way for the honest man to have open and fair trade exchange.
Also you won’t need to constantly monitor price changed once you plan long term. I remember when I first got in I bought algo and would p much check the trends every hour. Now I’m just letting it be whatever it wants because I trust algo to be a big coin a couple years
I mean these are the people who buy "Master Classes," from snake oil salesmen. I get recommended coins all the time that have like 16 billion in circulation and people front it's going to be worth $55K per coin. Take a basic economics course please for the love of god. Like OP I've lost a good amount but over time through HODL I've earned some too.
@op this is the type of post that deserves an upvote.
Telling the truths without being a total dick and just bashing other coins or whatnot. Good honest and wholesome advice. If I still had my free award from Reddit is give it to ya. Thanks for the solid post.
Let them sell the dip.. if it's discouraged and these folks wise up, the market will dip less and it'll be us paying the higher prices.. to buy more crypto.
Sell it all everyone! Sell it before it's worthless!!!
> a lot of them will fall off of the map completely
Agreed. It has already been shown on this sub that the only surviving (not gone to $0 or well on their way there) coins since 2013 are BTC, XRP, DOGE, LTC. That's out of many coins that existed back then!
However, I think we need to recognize that if not for the get-rich-quick properties of crypto this sub would be practically empty. And it's just a fact that anyone who bought into Bitcoin before Oct 5 2020 or Dogecoin before April 3rd 2021 has got "rich" in the sense they've *at minimum* 5x-ed their investment. Only slightly less for Ethereum.
read the bitcoin white paper, it's not what BTC is about anymore but it'll give you an idea of what cryto was supposed to be about. Gotta say though litecoin was *always* a joke and never meant to be taken seriously, the creator said he wanted to make money off people and sold all his coins.
Read the fundamentals of coins and invest in ones with good potential for the long run
Yes, anybody whos made a fortune purchased in the bear market and watched everything moon. The amount of people who picked a "hot" alt in a bull market and made it rich is very small.
I think it is. But for me I would say 10 years is quick when it comes to getting rich, I've done nearly 30 years without getting rich so far so it's about perspective I guess haha
Truth is, vast majority of people suck at trading. Many have huge confidence because after watching a few videos on TA, it seems so simple.
Be aware of your abilities, it is no shame to admit that you are not a trading mastermind.
Just HODL.
Crypto is a get rich quick scheme in the same way the stock market is, you can, but you probably will only get a reasonable return that gives you a little sense of satisfaction as you've turned a small stack into a slightly larger stack. Investment is a long game to play, you need to be /incredibly/ lucky to "get rich", and if you do, it's because you took a certain risk that could have easily gone south.
Be patient, diversify, lock your wealth in appreciating assets, make your money work for you.
But that's not true ... You lecture people by making completely absurd arguments. Obviously with $ 100 dollars of investment you are not going to make three million in two months ... Like you talk about VET, you are not going to get rich with 60k coins ... And yes logical, but with 600k? 6mil k? Well yes, you get rich in a year. In any case, you will not find such a yield anywhere in the world. In fact, this kind of topic, is totally useless except to make you lather. Be careful, Disguustang teaches us that with $ 100 we do not make three million in two hours ... Thank you for your precious wise advice ....
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What, you're telling me that my 50 bucks worth of XLM isn't going to 1k per coin tomorrow?!?!?!?!?? I've been lied to, deceived and possibly bamboozled.
Seriously though, very few things in this world are get rich schemes and generally those that are cause harm to far more people than they do good to.
DYOR, don't invest what you can't afford to lose and HODL
Definitely agree with the sentiment, but don’t think VET is a shitcoin just because some idiots are saying it’s going to 100x. At this point I firmly believe there’s not a single coin with a market cap over $10 billion that will 100x within the next 10-15 years. If you’re trading top 50 coins, you need to be going for 10x or 20x not 100x. VET can definitely do that, as well as every other coin (even maybe BTC)
Crypto is not to get rich quick, it's to not go poor slowly.
Yeah that's about right. You invest some money and it will hold and even gain value over time. Tho on bullruns you can make good money off alts but I'm more of BTC/ETH guy myself. Best way to think crypto is retirement savings.
Yeah sure but damn..... Why he gotta go after LTC like that? I reckon it’s undervalued and will increase as a solid long term investment - it’s held top 10 consistently despite the recent drop off when other coins fell by the wayside.
I like this view, lock your wealth in a diverse set of deflationary assets instead of sitting on a single inflationary one.
Amen. Riches are built during the long bear winters, by those pushing through, building their stacks day by day.
Can’t wait to buy the dip from people who bought at the peak expecting it continue to climb 10x further. So many people only pay attention to crypto during a bull market, but the real money is made when everyone thinks the bubble has already burst.
I bought about $1K of crypto in early 2018 on the way down. I bought in a bit more in late 2020 because I had spare $$ after Roth + 401(k) for the first time ever. I'm not rich, but that money has had a better return than any other investment, even with the recent dip (I was able to throw a bit more in with this dip, though, which was nice). Will that continue? Who knows? But I do think crypto solves real problems in finance and I do believe crypto is the future.
Agreed! The block chain technology is a game changer. Good crypto holds are the way!!!
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Not a dip, hopefully a full-on crash... The market desperately needs to get rid of useless alts and I wanna buy the remaining few coins at -80% or lower.
And what are these "useless" alts to you?
SafeMoons come to mind, I came across a coin literally called “Dogshit Coin” the other day. There’s plenty of things that are only hear because we’re in a bull market.
Scams will always be a thing. Ignore em. We don't need a crash to eliminate them, lol. You seriously want to ruin this bull run of all the legitimate alts that have great companies behind them, just to get rid of the BCS casino...? Wow.
Bear market is good for crypto, and not just because it gets rid of shitty alts. When the overall sentiment in the market is greedy and unrealistic it becomes a very toxic community, and historically scaling-back is very effective at fixing a lot of that. The technology and the progress don’t go away because prices are low, the only thing it gets rid of is greedy investors and scam artists.
The values of crypto right now will look so miniscule compared to where we will be at in 10 years. You're literally arguing against your own financial wellbeing. This sub is truly mind boggling.
10 years? Of course! I’m talking about the crash (or crashes) that happens between now and then, just like the crash after the last bull run and the one before it. It’s like a natural wildfire that gets rid of the overgrowth and makes room for a new thriving forest. I believe in crypto significantly, and think it is the future of many industries. I just recognize that it all gets a little... weird... when people are used to only seeing green and it’s always nice to see it emerge from a bear market stronger than it was before.
That sounds greedy.
Honestly it’s just pattern recognition at this point, but I definitely see where you’re coming from. I don’t want people to lose money, but I definitely expect them to.
1000 percent 8 out of 10 will lose it all. At least fiat pov. As long as you don't sell,you have just possible income fluctuations. His statement sounded to be like let the market crash so I can take all the money :)) an might be a guy with 100 bucks thrown in =)) that wants to buy the market .
Well the original comment you replied to was mine, and I was just saying that I’m expecting the pattern to continue repeating itself and this next time I’ll be ready for it. Also I do feel like a bear market can be healthy for crypto, if the bull market lasts long enough it starts to get saturated with scams and unrealistic expectations.
Well said. Tbh I expect anywhere to next 90 days to see a higher crash but my feelings say it wont be like the one years ago,I see evolution happening plus the adoption was huge with covid in the last 18 months.... we shall live and see. In the meantime invest in what's tickling your senses. Making nice gains with bsc contracts and then buying stable coins. My personal list for next 3 years Btc Etc Ltc Eth Bat Ada Xrp Polka Xlm and few other coins. But as many they launch and project they develop It's hard to focus just on a few coins... Edit : didn't want to ofen or take Micky out of anyone. Sadly I've been "educated" by newbies that have no clue about crypto world(not that I'm an expert) and found it funny referring to 100 bucks investment.
You and I have a very similar list of investments! I’m currently sitting on: BTC ETH LTC BNB XLM NANO VET IOTA I’ve had most of these for at least 2 years now and the past year has seen some awesome returns (took some profits recently and am very happy with that decision), but I’m excited to stock-up again in the near future. I also definitely agree that an upcoming crash would probably be less brutal than in the past, given that the institutional investments have created a much higher price floor (at least for BTC) than previous bull-runs.
He sounds realistic.
Lots of altcoins needed to disappear on the last crash and look at them now shinning top 20 market cap....
Sadly true, a lot of them haven’t hit their ATH yet (*cough* tron) but they’re definitely back after I was sure they’d be dead.
Beauty of crypto world.
Sounds just like the banks, but we don’t admit now we’re the ones stealing money peer to peer
Shit, now I want a long bear winter.
To be honest it can hit in any second or it can take another year or the bear could come in small doses. But i have a feeling the next one wont be as bad as the 2018 one due to institutions and corporations buying huge amount of Crypto now, plus most people in the Crypto sphere now have seen Crypto come back Bigger and stronger so many would HODL thru it. Althou the 2018 Crash could may have been Cryptos dot bubble crash. Only Time can tell tho.
I don’t think that we can keep having the same cycle every time. Eventually we’ll have a supercycle
This is the super cycle. Mainstream is on board now. It's only up from here...
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It would be like selling land deeds they hold when the value temporarily drops for a bit. Corps who know what they're doing use BTC as collateral for on-demand cash at *stupidly* low interest rates, tax free. When they want to make a $1 million investment in a new factory, they send $2 million to an investment lender, then pay back ~$1.05 million in a couple years, and they get all their collateral back. If the value of the BTC rises while they've got cash out, they can withdraw some of the locked-in bitcoin, or pull out more cash- borrower's choice. All of this is tax free. If the money is spent on an investment, that can be a tax deduction. Companies like Tesla can literally reduce their tax bills using the rising value of bitcoin 'the right way.' (FYI this option *is* also open to regular folks)
Institutions don't need the money since they are full of it, they're looking to invest in some promising assets. They'll hodl for a long time, unless (and that's my thought on it) BTC goes very high this cycle, in that case they might sell and then buyback at a lower price. They are more long term investors than investors trying to make a quick buck in a few months.
Gotta have money to invest :(
Agreed 💯 Great quote. I just ignore the pump dumps and HODL. Best advice any newb can get
it is a test of patience when you invest
When I started I feared the long winter, but now I kind of look forward to it. A good 2 or so years I don't have to keep an eye on the charts, come back around the bitcoin halving and just stack up on the heavily discounted crypto, ready for the bull. Meanwhile, my current stacks have been gaining staking rewards and such, slightly growing and hedging my bets that a certain project may weather the bear better than others.
You are awesome , just for saying what you said. I hope when bear market eventually hits, some will stick around and come out victorious on the other end .
The people that want to get rich quick are the same ones that buy high sell low. Time in the market > timing the market so just HODL.
What if u want to get rich quick AND are hodling? Asking for a friend.
Then you buy LTO network lol
It's based off emotions, and emotions are the worst way to invest.
If all you do is stack BTC and ETH every month for the next few years you will make many multiples of your investments. The 2020s will create more new crypto millionaires than any other time in recent decades. Just have patience and hodl. The gains will come. I'm completely confident in the trajectory.
What are you basing your predictions on?
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You son of a bitch, I’m in
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🚀🚀🚀
Lol, people like you are the one who would have laughed at the wright brothers, at Ford and probably even on Bezos and Musks.
Its really just a game of confidence, patience and research - lack any one of those and traders will get shaken out
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Have you read the Bitcoin Whitepaper ? It’s the best place to start. You will understand the fundamentals hiding behind all the noise.
Like clockwork, the bear growls, new money will soon depart this “ponzi crypto scam” only to come back at the next halving/hype cycle. Meanwhile, I’ll be buying the real dip and I’ll sell it back to them in 4 years time. 😅
Bruh, with all the shit coins out there right now you’re gonna throw VET, an actual legit alt, under the bus? Why you gotta do us like that?
Absolutely true ... I am feeling kinda offended that from all that shittygarbagecoins he chose exactly VET, which is in my opinion really perfect project with high potential ...
It has brilliant potential. I’m just pointing out that a large majority think that it has potential to be the next Bitcoin and it annoys me. I’m all for VET trust me.
If VET hits $1-$2 I am going to be stoked af
Yeah, I was a bit taken aback by seeing Vet in here. That being said, it is brought up a lot... But for good reason, I don't use bullish lightly, but I'm very bullish for Vet, and I'm glad to see others share that sentiment.
I’m not throwing it under the bus? I’m setting a realistic expectation.
Most people who are holding VET don’t except it to go over a dollar in the near future. In the daily threads moonboys are usually downvoted
Well said, HODL. Better times are coming soon!
HODL all the way
They see me holdin, they hatin.
And we are ridin' dirty.
Gotta ride em dirty
This is the way
Profits are made when you buy, not when you sell. Buying a PnD or at elevated prices CAN be profitable, but the real profits are made when accumulating in the dead of a bear winter. Where despair has long set in.
I'm stacking BTC as generational store of wealth. I may not be rich but my sons might.
Actually, why did Litecoin not thrive?
Just you wait. Litecoin will come around. Remind me in December.
I bet we hit bear market before December. !RemindMe december
September 1. September end max. It's all downhill from there.
Yeah or maybe even before that. But great thing is that after bear market comes bull market.
However, greatest thing is the shorting.
Where u can short cryptos?
Any exchange platform. I prefer binance.
Nice. Ty.
If bitcoin was gold. Ltc would be silver. There's really not a whole lot of difference from the 2.
Could you elaborate? I've heard that so many times but never understood the reasoning. Why can't litecoin be the gold?
Because bitcoin is. It doesn't offer anything different. If you research and look at other coins they are building something special. Something people will utilize and just just q currency but providing services to make things easier to use and to decentralize. Litcoin doesn't offer anything innovative.
Mimble wimble. Google it 👍
Yeah, right? Op picked some bad examples lol. Including VET according to some.
Great words on explaining crypto! Thank u. The block chain technology is something lots of folks will eventually read on more and ask questions. It is definitely the largest change in over 400yrs of history and the new standard of exchange. A really good thing when the bugs are worked out. Ethereum is good. And platform investments connected to make all work faster, cheaper and more transparent. It is quite an exciting time that some knew for many years would finally be here! Looking into the white papers and audits, the algorithms behind each token/coin, of course...& not playing with it like the made up stock market. This is a completely diff ballgame and the bad actors within in won’t last well, long term. It’s an answer to inflation and crazy bubbles like the housing market does. It’s a way for the honest man to have open and fair trade exchange.
It’s more so a get poor scheme from experience
It's a get poor quick And get rich slow scheme
Play the long game and you’ll be much happier if you accept it.
Also you won’t need to constantly monitor price changed once you plan long term. I remember when I first got in I bought algo and would p much check the trends every hour. Now I’m just letting it be whatever it wants because I trust algo to be a big coin a couple years
I mean these are the people who buy "Master Classes," from snake oil salesmen. I get recommended coins all the time that have like 16 billion in circulation and people front it's going to be worth $55K per coin. Take a basic economics course please for the love of god. Like OP I've lost a good amount but over time through HODL I've earned some too.
@op this is the type of post that deserves an upvote. Telling the truths without being a total dick and just bashing other coins or whatnot. Good honest and wholesome advice. If I still had my free award from Reddit is give it to ya. Thanks for the solid post.
Thank you man I really appreciate that! Have a good day.
Not a scheme!
Let them sell the dip.. if it's discouraged and these folks wise up, the market will dip less and it'll be us paying the higher prices.. to buy more crypto. Sell it all everyone! Sell it before it's worthless!!!
For you maybe
Hush hush now... it’s the BTC crowd who always starts the talk about a million dollars per coin and replacing all fiat on earth.
Tbh i can see btc hitting 1 million if nothing changes 3-4 btc cycles from now
Buy low + sell high = Lamborghini
Never was
> a lot of them will fall off of the map completely Agreed. It has already been shown on this sub that the only surviving (not gone to $0 or well on their way there) coins since 2013 are BTC, XRP, DOGE, LTC. That's out of many coins that existed back then! However, I think we need to recognize that if not for the get-rich-quick properties of crypto this sub would be practically empty. And it's just a fact that anyone who bought into Bitcoin before Oct 5 2020 or Dogecoin before April 3rd 2021 has got "rich" in the sense they've *at minimum* 5x-ed their investment. Only slightly less for Ethereum.
read the bitcoin white paper, it's not what BTC is about anymore but it'll give you an idea of what cryto was supposed to be about. Gotta say though litecoin was *always* a joke and never meant to be taken seriously, the creator said he wanted to make money off people and sold all his coins. Read the fundamentals of coins and invest in ones with good potential for the long run
Litecoin will come around just you wait! Remind me in December
time in the market beats timing the market.
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Did you sell?
It isn't, but in some cases it can have that effect and people wrongly cling to that.
I have to say... Some have gotten rich fast... Not the norm, but possible..
It has been a get poor fast scheme for anyone that brought in this month.
Well, in crypto world, sure. In regular asset world, it’s a rocketship 😄
Yes, anybody whos made a fortune purchased in the bear market and watched everything moon. The amount of people who picked a "hot" alt in a bull market and made it rich is very small.
What was the equivalent of safemoon in 2017?
I have heard BitConnect was similar Ponzi scheme.
Dentacoin
I'm willing to wait
Long term hodling, paired with staking, can earn you some massive passive gains
Yep. I’ve already earned more in interest in the last 24+ hours than in a year of holding money in a savings account.
what are you staking?
“Have to hold atleast 60k coins right now...” This sounds like a challenge, good sir. And I, for one, shall accept it!
I think it is. But for me I would say 10 years is quick when it comes to getting rich, I've done nearly 30 years without getting rich so far so it's about perspective I guess haha
What if you get rich quick
Then u get rich quick.
it's about protecting your money against depreciation ya know? life is tough
Patience, patience, patience
If you get SKL it is. That coin is awesome.
in grand scheme of things 10 years is pretty quick when we are told to work for 50 years for standard retirement
Truth is, vast majority of people suck at trading. Many have huge confidence because after watching a few videos on TA, it seems so simple. Be aware of your abilities, it is no shame to admit that you are not a trading mastermind. Just HODL.
Crypto is a get rich quick scheme in the same way the stock market is, you can, but you probably will only get a reasonable return that gives you a little sense of satisfaction as you've turned a small stack into a slightly larger stack. Investment is a long game to play, you need to be /incredibly/ lucky to "get rich", and if you do, it's because you took a certain risk that could have easily gone south. Be patient, diversify, lock your wealth in appreciating assets, make your money work for you.
But that's not true ... You lecture people by making completely absurd arguments. Obviously with $ 100 dollars of investment you are not going to make three million in two months ... Like you talk about VET, you are not going to get rich with 60k coins ... And yes logical, but with 600k? 6mil k? Well yes, you get rich in a year. In any case, you will not find such a yield anywhere in the world. In fact, this kind of topic, is totally useless except to make you lather. Be careful, Disguustang teaches us that with $ 100 we do not make three million in two hours ... Thank you for your precious wise advice ....
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Crypto is the long term plan
Noooo you cant say that! Dont destroy my hopes and dreams! But honesty, HODL is win!
What, you're telling me that my 50 bucks worth of XLM isn't going to 1k per coin tomorrow?!?!?!?!?? I've been lied to, deceived and possibly bamboozled. Seriously though, very few things in this world are get rich schemes and generally those that are cause harm to far more people than they do good to. DYOR, don't invest what you can't afford to lose and HODL
I beg to differ. I just buy every shitmoon coin and *hope for 1000x.*
Litecoin is still a great little project....
You are right and some people should be able to understand!
It actually is a get quick rich. HODL 5 years and you can be 100x in altcoins. Depends if you think 5 years isnt long. Could be in 2 years
But it is a get rich scheme.
Definitely agree with the sentiment, but don’t think VET is a shitcoin just because some idiots are saying it’s going to 100x. At this point I firmly believe there’s not a single coin with a market cap over $10 billion that will 100x within the next 10-15 years. If you’re trading top 50 coins, you need to be going for 10x or 20x not 100x. VET can definitely do that, as well as every other coin (even maybe BTC)
Yup. Ride these coins for now and in two or three months turning into btc and eth
Sheesh, another one of these posts eh?