Newfag here, why do people fuck around with stuff like bitcoin? It goes up and down like fucking crazy, seemingly without rhyme or reason. Seems like a great way to lose money
Press the button that says "2Y"
>>61568488bitcoin cultist retards will claim because from 2013-2017 it gained like 100000% that its the best hecking thing ever (even though diminishing returns has made it a horrible investment since 2020 compared to stocks and pms). it looks like its a dead fad at this point.
>>61568495Ok. Is this supposed to make it look less volatile?
>>61568500>2020: 4k>2025: 88k2200% in 5 years way outperforms gold/silver/s&p, lying fag
>>61568505Yes
>>61568488it's called GAMBLING and it's FUN
>>61568505Yes you fucking retard. Look up regression to the mean you absolute two digit iq NIGGER
>>61568488It's not without any rhyme or reason, a quick look on the price chart should tell you it's pretty much a 4 year cycle. In fact it's so easy to make money with Bitcoin that even retards like me managed to retire still in my 30s, which would have been impossible otherwise.
>>61568518bitcoin was 60k in fucking 2021 mongoloid it has hardly 2x in the past 5 years stop living a cultist delusion that you made it when you didnt, going forward bitcoins diminishing returns makes it too risky with little to no reward, not worth it. no one cares about pre 2020 bitcoin price.
>>61568505Because you simply will get profit from it stop being emotional and just hold retard easiest 2x 3x of your life in a couple year.
>>61568541but you can do that and much better in far less risky stocks or even as we have seen with the safest assets on the planet like GOLD AND SILVER, making bitcoin functionally fucking useless
>>61568549>he thinks it's more likely gold hits 9000, silver hits 160, or the s&p goes to 13000 in the next 5 years than bitcoin hits 176k
>>61568537>kek
>>61568549PM fags should just stick to their containment thread.I own more gold than 99% of this board but it's fucking useless as an investment. You fucking faggots are going crazy over a 2x that's how retarded you are.
>>61568569yes i literally believe its 100x more likely that silver will pass 1000 USD per oz than bitcoin will hit 200k
Something about crypto rubs me the wrong way. Not saying it's dogshit (well, not BTC and ETH, shitcoins are) in and of itself, and I respect the experiment, but everything being recorded gives me unease. Yeah your wallet(s) is anonymous, but after a long enough time there will be something to tie it to you. It's deflationary which discourages spending so people just hoard it. A good chance I am just paranoid, but who knows. I usually go with my gut.
>>61568540>no one cares about pre 2020 bitcoin price.ok. *ahem*>2023: 16k>2025: 88k550% in 2 years way outperforms gold/silver/s&p, lying fag
>>61568574bitcoin is literally MORE useless as an investment than gold and silver, thats the point. I am mostly in AI chip stocks, but i'd rather park my emergency/long term savings warchest in gold than fucking digital ponzi nothing
>>61568583thats trash for the risk reward, you could have been in chip stocks instead of the ponzi trash pumping and dumping all over the place moron. youre in a cult faggot.
>>61568589Or you could be a triple digit iq brainlord and profit from the volatility, but you are a boomer midwit NIGGER
>>61568581Mixers and privacy protocols/coins solve this, but beware due to KYC/AML restrictions it may be a bit difficult to cash out if you use those (particularly Tornado Cash).
>>61568596nope youre coping and youre poor and you lose tons of money and baghold trash while I trade real valuable companies that arent ponzi scheme garbage scams.
>>61568602>hopefully the businesses avoid bankruptcy
>>61568586>>61568589>>61568602>all he can do to convince himself he's right is regurgitate the word ponzi over and overyou're the one in the cult
>>61568611what the fuck are you talking about nigger i got into crypto early and can see the diminishing returns from a mile away so switched to stocks and pms last year because im not a fucking mongoloid married to digital nothing bags.>>61568610yeah im not a retard and am not invested in trash so thats literally impossible
>>61568617>I’m too smart to fail said the midwit coping Reddit NIGGER
>>61568583Nasdaq 3X gave you almost the same returns as BTC did since the bear market bottom.Buying BTC is absolutely pointless. Just buy leveraged ETFs in a bear market.BTC only performed well because of the spot ETFs and US pro crypto admin.You're speculating that there will be another narrative to pump your funny internet money.
>>61568619you are coping and projecting hard nigger
>>61568634Your mother has sex with black men
>>61568488>>61568505Anyone who buys that chart is a fucking retard. It's dead along with the countless amounts of shitcoins that no one cares about>what does bitcoin do?Nothing. Token not fucking needed.
>>61568538>four year cycleAstrology-tier
>It goes up and down like fucking crazy, seemingly without rhyme or reason. Seems like a great way to lose moneyTo me it sounds impossible to lose money, especially when you add in the long term upward trajectory it's had. What would force you to buy at an obvious high and then sell lower than that? Are you investing your lunch money or something?
This thread is giving me hella late 2019 vibes frens
>>61568574PMs are risky if you buy them without checks. Easily faked and sold to unknowing masses. Sucks, should bring harsh punishment if caught selling counterfeits. Does BTC have an upside? Are we really speculating on BTC to keep going up?I’m interested in the bull case!I’m a silver guy. I can test or ask them to test in front of me. It’s natural. I have not heard of fake BTC, but I am wondering about the need, use and demand for BTC going forward.Sell me
>>61568505fucking baby lol
>>61568549gold and silver are topping. and then begins 17 trillion year bear market
