I used to browse this board years ago when I knew nothing about finance, 8 years and a degree later I can confidently say 95% of you are retards. If you honestly think trading crypto and “10xing” your money is something that is at all remotely achievable with any consistency by buying intangible assets that produce no value or cashflow, you’re a fucking idiot. Anyone that “made it” doing this had a series of lucky wins and quit while they’re ahead.If there was any real opportunity to consistency make money trading cryptocurrencies, you would see financial institutions capitalizing on and optimizing out that opportunity from the market; the fact they don’t shows that it does not return positively in the long run.You know where financial institutions are interested in crypto? Selling the shovels. Exchanges will happily let you lose your money on “memecoins” if it means they can collect a small transaction fee. That and the people rug pulling you idiots are the only ones who make money in this space.You’re gambling at the worst and speculating at the best. Quit now and invest in a real asset class that produces cashflow or otherwise has tangible value or stick your money in a HYSA.
>>60929619You need to go back.Come back when you realized your degree is worthless, you were wrong, and understand that crypto is money.
i can confidently say that you thinking you're saying any revelatory shows how much of a retarded faggot you really are. We are all aware the crypto market is a piece of washed up shit, but we're praying we get a semblance of 2017 or 2021 back just once more, even though it's looking more and more unlikely.Captcha is you
It obviously was that easy back then. The reason this board is so dead now is because a good chunk of the anons from back then already made it so have no reason to come here anymore
>>60929619>You know where financial institutions are interested in cryptoTo completely have their (legacy) systems run by distributed ledgers and blockchain ? You got a degree in legacy finance kek
>>60929647it was unfortunately a selection eventeveryone who died is here
>>60929630Is that why you’re here? Because crypto is going to be the “future money?”Don’t kid yourself, you’re here because you want to speculate on the price of intangible assets that are completely worthless because a select few people actually made money doing it a decade go. Crypto being “the future” is just a front you run because it sounds a lot better than “pump my bags, I need exit liquidity!”
>>60929647Remember in 2019 there was a thread "BTC will never hit $100K because there is no way this board will make it." Some of us have. Only 10% in BTC now. Rest in VOO, QQQ, GLD and a rental.
>>60929669Wrong on all accounts.Why are you here?
>>60929619There really was an opportunity with crypto but's its passed. And either way its not like there aren't financial institutions that are buying crypto
>>60929679An asset going up does not make it a good, wise, or logical investment. You made money because enough people were convinced the price would continue to go up, not because bitcoin got any more or less “valuable.” You’re playing financial musical chairs and there will eventually come a time where the music stops and the big holders cash out.
>>60929619>buying intangible assets that produce no value or cashflowSo you concede that you're wrong and a midwit, right? Because people (including me) have 10x'd in shitcoins doing exactly what you said isnt possible.I didnt even get enough money to retire for life but 10xing in crypto, shitcoins, or even the most worthless piece of shit stocks is/was trivial.Even buying the most stinky indian shitcoin fresh off the streets of mumbai has gotten me multiple X's before. Its not impossible.Massive levels of seethe from (You), OP.
>>60929669Hey retard, there are web3 projects shilled here that are currently building the foundation of the new global financial system. Stock exchanges around the world will be transitioning from t+1 or 2 to completely atomic settlement enabling 365 24/7 markets. stay poor lmao
>>60929669>>60929763is this what indians feel like when they're swimming in their own shit while celebrating an Indian tradition?
All you had to do was buy link in 2018 like this board told you and you'd have beat 99.9% of Harvard PHD money managers.
>>60929630>and understand that crypto is money.Come back when you realized your shitcoin is worthless, you were wrong, and understand that crypto is a scam.
>>60929793kek
>>60929669>buying intangible assets that produce no value or cashflow,>intangible assets Doesnt mean what you think it means. You proved your financial literacy with this one sentence.>valueValue is arbitrary, anything can have value.>cashflowCashflow is not necessary for a financial asset. Owning property that cashflows is a different situation than owning shares but one cashflows and the other doesnt. Both of which are assets and tangible fyi.>Anyone that “made it” doing this had a series of lucky wins and quit while they’re ahead.Nope. There were plenty of signs ETH, XRP, SOL, BNB, even fucking Chainlink or god forbid Arbitrum would make you rich you just werent paying attention.2020 was insane too, absolute retards were buying dog themed coins. There was so much capital that you could buy almost anything and make 10x. It really wasnt hard. It still isnt if you don't browse /biz/ and know where to look.>you would see financial institutions capitalizing on and optimizing out that opportunity from the market;They do. All of them worth a shit do. You didnt research this before writing it so of course youre high on your own bullshit. You sound like a r/buttcoin leftypol newfag.>Exchanges will happily let you lose your money on “memecoins”/biz/ already knows exchanges are a scam. Youre preaching to the choir. We've been saying for eons not your wallet not your crypto. When has /biz/ ever shilled for Robinhood or whatever the fuck you're talking about?>people rug pulling you idiots are the only ones who make money in this space.Only semi true you are a degen gambler so you think everyone is a degen gambler and you're talking down on everyone because youre high on your own supply. Not everyone is a mirror image of yourself, chud.
>I'll be as insufferable as possible so that someone talks to me8 years and still a manchild
>this thread
>>60929716Kek youre an overly educated dumbass. Why would the big holders ever sell when they can just borrow against it for perpetuity. Btc is already 6 figures and the top holders have billions worth in fiat already if they were ever going to sell it wouldve happened already but they wont because it would be retarded to do that. Maybe in 30 years when btc is crabbing at 8 figures some may try something new but ill be dead or retired long before that
>>60929980Funny thing about that is that I think even after I'm long dead, it won't happen like that. Because there never will be anything else ever to be allowed to be created and exist like that. Without direct gov control.
>>60929619>rug pulling makes money...
>>60929716You're the right ddit mid it meme 100% to the tee. Lol at your life and your pathetic brain power.
>>60929716stfu boomer
>>60929619When if you are right it’s all over anyway. So it doesn’t matter.
>>60929619>OP posted it again award
>>60929619Feels good being impossible to untermensch like you.
>>60929716hahahahahhahah, are you 70?
>>60929619crypto is so bad that trump, musk and blackrock, all either invested or profited (or both) millions if not billions.
>>60930287Speaking of which. Redpill me on World Liberty... had no time/didn't care for getting informed.
>>60929763They're quickly changing the financial rules, recognizing the need to tokenize assets with Chainlink
>>60929619too poor, smart and logical to do any fun risky stuff with your money? heh...
BTC exists for more than 16 years straight now and there are still coping "two more weeks" midwits like OP lmao
>>60929619>I used to browse this board years ago when I knew nothing about finance, 8 years and a degree later I can confidently say 95% of you are retards.It took you 8 years to finish your degree, zoomie?
>>60929619>Anyone that “made it” doing this had a series of lucky wins and quit while they’re ahead.>If there was any real opportunity to consistency make money trading cryptocurrencies, you would see financial institutions capitalizing on and optimizing out that opportunity from the market; the fact they don’t shows that it does not return positively in the long run.>You know where financial institutions are interested in crypto? Selling the shovels. Exchanges will happily let you lose your money on “memecoins” if it means they can collect a small transaction fee. That and the people rug pulling you idiots are the only ones who make money in this space.>You’re gambling at the worst and speculating at the best. Quit now and invest in a real asset class that produces cashflow or otherwise has tangible value or stick your money in a HYSA.See KTA, AERO, EDGE, AVNT, CRCLBusinesses have a vested interest in scamming you, sure, but they need the crypto to pump in the first place. You buy kta in march at 11 cents and you can sell in june for a dollar. The rich google guy made billions, but you made out alright.>quit while they were aheadYes it's called taking profits thanks for figuring that one out.
>>60930530Niger, quit being envious. Be glad white boys are making itwww.youtube.com/watch?v=8hu6xDPcNlE
I put all of my money into VOO and bitcoin. Bitcoin could go to zero and I’ll still have more money than you ever will.
>>60929716>trust me bro, *this* time, bitcoin goes to zero!You realize this asset has crashed fifteen times and has then reached ATHs after? So maybe there’s some information you’re not aware of? That maybe your education has taught you to color inside the lines and never told you what’s beyond the lines?
>>60929630>You need to go backyou need to go blackfixed that for you.
>>60930669Well, you tried.
>>60929619The psychology of crypto traders is not much different from the people who play the lottery. Those that do not have that much money think their only way out is to 10000x their money, so they resort to gambling/luck. Those who do have a decent amount of money are gamblers
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>>60930778What a load of crap. If you had bought 10 Bitcoin at 16k recently, you'd be made right now.
>>60929619>you would see financial institutions capitalizing on and optimizing out that opportunity from the marketaww geez, I wonder if financial institutions buying hundreds of millions of dollars in Bitcoin every few months is related in any way
>>60930880> I wonder if financial institutions buying hundreds of millions of dollars in Bitcoin every few months Unfortunately it is not the institutions themselves but their even richer customers. How is /biz/ suddenly so uneducated about these things?
>>60929630>understand that crypto is moneyYou must be at least 18 to post here.
>>60930920You must or should be smart to post here.Prove it nigger
https://www.youtube.com/watch?v=M355O3YomHM
>>60929619>8 years and a degree later I can confidently say 95% of you are retards.You got a degree right as AI replaced your degree? Also if you simply put all your money into crypto instead of the degree 8 years ago you would be far ahead right now.I am pretty sure this is a bait thread though. So ill bait back. I notice you seem to like Trump, you picked him whether you voted for him or not so win win right?
>>60929669>Is that why you’re here? Because crypto is going to be the “future money?”It is the future money. Also AI agents will be primarily using crypto. >>60929716>An asset going up does not make it a good, wise, or logical investment.It goes up because it solved the double spend problem without a centralized entity which is one of the most important problems to solve in the history of humanity. There is nothing you will ever do in your pathetic existence that will solve a problem more important than that.
