Quote:
Originally Posted by PeanutButter
The art world is a giant Ponzi as well, but there's still a market for it.
I will admit, you could be totally right. Crypto could die off and be one of the biggest losers in all of human history...
But, the thing I LOVE about investing is... It's really easy to tell the winners and the losers. Hopefully, we'll both be around here in 10 years and if we are, it'll be pretty easy to tell who the winner and loser is.
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Hopefully we all drip in our collector plated 458's and 90's/00's JDM classics
Quote:
Originally Posted by moldex
Thanks for watching our backs bro. BTC only went up 150,000% since the start of this thread, fuck that ponzi shit, good thing I listened and just DCA'd into the stock market instead which is 100% legit and not manipulated. No way anybody could lose 80% of their networth buying a real company Shopify.
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If you didn't expect you could lose 80% of your networth holding 1 SINGLE stock plus you chose Shopify. You deserve to lose 80% and I'd laugh at you lol.
It depends on the type of investor you are though. You can't say one is better than another without considering risk. You sound like you wanna spend $10 - 100K and bink a $1Mil + Payout over night or even over 5 years. While majority of us here are pretty happy to sack away $1 - 5k/month and have $2 - 4Mill nest eggs in 20-40 years. With some major swings of 40 - 50% along the way. Total portfolio value will never be 100% at risk.