Many people here seem to be unaware that it is possible to hold multiple assets at once.
90% of the people here don't have $10,000
>>61207527There are a few things going on.1) Liquidity is sparse so crypto naturally becomes tribal because you need the few baggies out there to buy your shitcoin(s) or they don't go up. It's easier to focus your tribal shilling energy into one token and join the "community"2) 99.9% of cryptos are outright scams and will go to $0 so inevitably you kind of reduce risk if you can find just 1 you believe in that isn't actually going to $0.A lot of people here started in 2017 and spread out and bought multiple things. That's why you still have on this board die-hard XRP, LINK, ETH people etc. Because of all the myriad of shitcoins they bought those were really the only survivors.Personally I held like 10 different tokens at one point, literally all of them other than LINK are either completely dead or still 90%+ down from where I bought them at in 2017.
>>61207561I have it in good assumption btc won't go to zero. If hella people were killing them sleeves locking theirselves out of their btc throwing away their cold wallets. How could it go to zero if it'll never be traded from the high prices it's sitting at in a medium level. Lowest levels I see is like 70-80k from trading like retards.
>>61207918Holy esl!What did he even say?
>>61207527This basket holds all of my eggs just fine why would I get another one
>>61207938He's speaking r/wsb ebonics to say:>I think BTC will drop to 80k but not 0
>>61208041Thanks for the translation anon
Based. Its even easier if you borrow against them.
When you have little money you want a rocket not a horse