>>62598429
so short it then

>>62598429
Eth is pretty much over. We have gone through what was the crypto equivalent of the dotcom bubble, BTC is Google, it survived, and will thrive in the future. Eth is yahoo, it survived but it will be a slow fall until it inevitably died. All the other coins are those companies you never heard of because they died in the 2000 dot com crash. BTC is a well established investment nowadays, but the rest of crypto is just dated, old garbage that no one new would ever invest into.

>>62599509
Google has actual uses that almost everyone needs

Nobody ever needs bitcoin unless their grandmother got kidnapped

>>62599514
Anon, the economy has stopped being tied to actual usefulness years ago. Stocks go up because people buy them, we've gone from a usecase economy to a hype based economy. Why do you think NFTs made so much money despite everyone agreeing on the fact that they were retarded? Because a lot of people thought they could invest in them and make money, and that's exactly what they did. Looks at the valuation of Tesla, or even most AI companies. They produce way less real world value than what they're valued at. Bitcoin will go up because most people believe that it will, it really is as simple as that.

>>62599543
Those days are done. Too many people got ripped off so now they want value from actual uses.

>>62599556
Tell that to the economy brother, because it sure as shit isn't heading this way

>>62599514
You think she didn't kidnap her own grandma hoping for a btc payout? anon pls

>>62599562
I'm just giving a brief explanation for why crypto is dead

Your personal perception of the economy (whatever that means) is well beyond my ability to explain

>>62599556
Also you're not understanding that the people who got ripped off aren't calling the shots, they just follow and well... Get ripped off. Even if they tried to collectively invest in useful companies, they'd get fucked by market manipulation, just like what happened with Gamestop. The only hope right now is to time artificially built hype and hope you can make a dollar on that, it's all fake and gay. Market manipulation and insider trading is EVERYWHERE.

>>62599579
>I lost money on a scam so it must all be fake and gay!
While you lost money on GME everyone else bought index funds and made nice gains

Perhaps the market isn't rigged, you're just stupid?

>>62599587
I didn't buy GME, retard. I'm using it as an example to show that the average joes trying to act collectively sounds smart, but reveals the fake nature of the market.
If the market was acting fairly, the GME trick would have worked. You know very well that heavy market manipulations happened, including preventing people from even buying shares.
As for index funds, sure you make a decent gain because the market goes up on average, but that's not what's going to make you rich.

>>62599607
Your only plan for getting rich is felony fraud. You're definitely retarded

>>62599615
Do you have reading comprehension issues? I'm starting to believe that i'm talking to a chatbot

>>62599618
What you think manipulating the price of a stock is legal?

Of course not. Your excuse is
>other institutions are doing the same crime in my imagination so I'll totally get away with it
Unfortunately others doing a crime doesn't mean you'll get away with it, especially when they actually aren't doing what you accused them of

>>62599629

Jane Street Capital: Sued by Terraform Labs' estate over insider trading allegations surrounding TerraUSD/Luna's 2022 collapse, and penalized ~$554 million by India's SEBI for Bank Nifty index manipulation.

Jump Crypto (Tai Mo Shan Limited): Settled SEC charges for $123 million over secret collusive deals with Terraform Labs to artificially restore the UST peg in exchange for discounted Luna.

Morgan Stanley: Paid $249 million to settle DOJ and SEC criminal/civil charges over a long-running block trade insider leaking scheme.

TD Securities: Fined $21.5 million by U.S. regulators for systemic spoofing and market manipulation in the U.S. Treasuries market.

JPMorgan Chase: Penalized $920 million in a landmark spoofing enforcement action covering tens of thousands of manipulative trades in precious metals and Treasuries.

Goldman Sachs: Fined $6 million by the SEC for delivering millions of inaccurate transaction records, hindering market manipulation and insider trading surveillance.

Citadel Securities: Fined $7 million by the SEC for systemic short-sale coding errors that misrepresented millions of orders and obscured short-selling data.

Merrill Lynch (Bank of America): Fined $12 million by regulators for failing to monitor, prevent, and stop manipulative layering and spoofing on its platforms.
Barclays: Hit with tens of millions in regulatory penalties for dark pool misrepresentations that exposed institutional clients to predatory high-frequency trading practices.

Segantii Capital: Subjected to criminal insider trading proceedings in Hong Kong for trading ahead of block trades based on non-public tips, triggering global broker scrutiny.
now imagine that 100x times worse right now in crypto. Put all the KOLs in jail.

>>62599764
1. That doesn't make it legal for you to do
2. In fact it's good evidence you'll get caught

>>62599491
Which part of "slow bleed" do you not understand. You lose more in trading fees keeping your short open than you can gain in profit because the price is dropping so slowly. This is on purpose

>>62599767
Making money thanks to market manipulation isn't illegal if you aren't taking part or being informed of the market manipulation.
Let's say I deduce that the market is fake and gay and see a fake and gay price action and decide to invest into it and pull out quickly, there is absolutely nothing illegal about that.

I need an apu kind of airdrop

>>62599783
True but your mere presence here means you're going to be aware of and probably participate in any p&d that benefits you

>>62598429
Next bull run (only if Clarity Act passes or we get ROCK BOTTOM on the cycle) don't even mess around just get BTC/LINK. Maybe SOL. Why even care, Clarity Act benefits LINK because it rules all the financial transactions, XRP is supposedly the banking crypto but its diluted to shit but LINK is the Facebook in your example, everyone says it will do 200 a coin SO IT WILL. Normies just need some magic man to tell them what the good cryptos are so they will be lazy and just buy chainlink since it got that 200 by 2030 rumor.

Bitcoin could just do 160k because everyone else is buying it to get Chainlink.

NOTE; Chainlink is useless on the rock bottom prices scenario it already did its pump but has no reason except hype to go up. Only does a 20x on the Clarity Act. just google it I won't explain what that is if you don't know.