Crypto is a store of value! I promise it is! Best long-term investment ever!!!!

People use to talk mad shit about Bitcoin back in the day.

Look at some of the early threads on here from 2013/2014 and you'll see. Lots of people calling it a joke, and what baseheads use to get high and buy porno. All lies.

Bitcoin is the #1 currency (for now) and has DOGE on it's tail.

CRYPTO are not STOCKS....it's currency.
Way too many people are treating it like it's stocks by calling it a "pump and dump" and saying to "buy rumor sell the news"....The same logic you use for stocks can't suffice for currency.

YOU SHOULD HOLD YOUR MONEY for as long as you can and COLLECT IT WHENEVER YOU CAN.

DOGE is about to become the most widely known and used crypto. Get ready.

It’s not currency, it’s is it’s own thing which is more like gambling than anything else. And you can treat it like stock, ta is applied to it regularly and same with all of the same indicators within ta of stocks. If it’s a currency then why isn’t it accepted by even 1% of places around the globe selling this or that?

Pump and dumps are the crypto way. Market makers are ones who set the ranges and push the markets to induce retail traders. The same people who push all other speculative markets do the same in crypto and it’s obvious. Forex trading strategies works very well in crypto and same with lots of strategies used in the more common speculative markets.

The fact you mention dogeshit as the most widely used crypto in the future shows you don’t know much about crypto. Anyone on this forum who has been involved in crypto for a while can make you a long list of coins better suited for real life use/transactions than dogeshit.

The best thing to likely come from crypto anytime soon is probably going to be coins geared towards supply chain management, gaming coins, or nft related coins which are pure fomo silly business but it’s supposedly art so people buy nft’s thinking they’re cool. Nft is the dumbest shit ever but watch it be one of the few things that have a real life use. Most of crypto is so stupid, silly nerd porn. The tech behind it is awesome but it’ll never be what people hope for. All this is, is a long conditioning of the masses and govts will come out with their own coins and then all privacy ceases to exist and all illegal trade will become far more difficult to complete at the exchange of goods level. Frog meet pot. Been simmering for years and the heats going up now.

Funny how you came and spewed a bunch of bullshit without addressing the purpose of this thread. What did you say above? Nothing really, opinion based on what? Absolutely nothing.

Every time crypto goes bear, you and the likes go into hiding until the next bull run years later. Btw, people still talk mad shit about crypto. And for good reason.

Dogeshit has one use and it’s not even best suited for it. It’s real cheap to send fiat(the real money you use to buy the nerd coins) from one exchange to another for cheap. And what do you do when you get your fist to the other exchange via dogeshit? Sell the dogeshit ASAP to buy a different shit coin that can make you some fiat that’s actually worth something 8 months from now.

That reads like it’s pure insanity but that’s crypto for ya. Don’t forget to hodl with your dogeshit, and don’t forget there’s endless supply and can be adjusted periodically and one individual owns like 15-20% of all dogeshit in existence at this time.

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Bitcoin is the best store of value ever! All assets that are a good store of value lose 18% of their value in a matter of hours. I’m going to buy some and hold onto it forever!

Best store of value ever! Why buy precious metals or land when you can own a digital coin that’s on the verge of crashing! Buy the dip guys!!! It’ll be the best decision you ever made!

Glad I read the message body first. I almost juaned you.

OP will eventually come to realize that there are a great many things that were never really understood down there in grandmas basement. Thats ok though as OP is on a personal journey of sorts.

Mazel Tov!

Yep. Because many derps. Much wow. Market cap will be bigger than btc. Pack your bags!

Aaaaaaaand it’s gone...

I’m the OP, I day trade crypto but I don’t ever sit on it. It’s likely I understand this market far better than you do. Don’t forget to hodl with your crypto! If you’re so smart, explain to me how crypto is a store of value. Guarantee you’ll lose that debate.

Do you believe that there is anything digital/ non- tangible can be used as a store of value?

Agree. I got lucky and sold off near the high a few weeks ago. Considering doing some day trading but I already do that with stocks. No risk no reward, glta.

For example, do you consider Beeple's most desired piece as NFT a store of value?

The most popular plot in Decentraland?

I'm already seeing ads for Current. Whatever these cryptos are being used for will soon come to a close, and the rug will be pulled from all people who anted up dollars, euros, yens, yuans, etc. Hope for all your sakes it's not a lot.

Yep! Weird how every crypto bull run the same crap gets said. Then when the rug gets pulled they all disappear. They’re oblivious to their own actions.

Crypto is about to go poof. Shit has been rolling over for weeks. That reality is about to manifest very soon. If you can't sees it, then you can't seize upon it.

There's a time to buy, and there's a time to sell. IF you only think there's a time to buy, then your are the fool on the roller coaster ride.

Once they break SHA 256, its over.

crypto will dip a bit and then it will explode. It is not a store of value. it is the next form of currency.

How many central banks are buying it? That is the determining factor on its long term value.

It is what it is.

Yes, it is speculation.

Yes, many can and will lose.

Yes, many easy fortunes have been made.

Yes, it is what it is.


I've got none of it either.

Coulda woulda shoulda didn't.

C'est la vie.


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No, not at all. I think nft art or wtfever related to sports or collecting cards will have value that is never retained. Look at it like this, would you rather buy an nft of Kobe’s rookie refractor or have the rookie refractor you can hold in your hand? Nft will become popular over the next decade but it’s essentially fools gold. It’s a photo...not only that but the only thing that gives it value is the fact that you have the only “official” one and might get a photo of the actual art mailed to you with a certificate. It screams bullshit but people nowadays have no concept of value except what is popular. When popularity wanes, so does the price. Same is true with investing in crypto except crypto has market makers involved who manipulate price but when belief/trust fails the market crashes hard. Market makers start the trend up or don’t and retail investors do the rest with either fomo or fear.

Nft is me selling you a copy of the real thing, digital art is not the same as art you can touch/hang on your wall. Sure the artist might make only one of that nft but I can go online and have the same art for free. I can go have it printed out and hang it on my wall and there will be no difference except the certificate. You can’t do this with sports cards, paintings, collectible action figure or similar, antique whatever it may be. There’s zero common sense in nft, it’s all hype.

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They mad they didn't get in.

This op is just ignorant. Ignore.

Cryptos are the new means of trade, gold is nice I have some too but you can't send gold to someone. Then there's forgery, lots of precious metal forgery.

The blockchain is a secure instant way to send gold anywhere and someone will know it's real when they get it without having to do a litmus test.

Come the fuck on boumer.

You'll eat them words one day, your great grandchildren will make fine employees for my grandchildren. And so we evolve.

Assange proved it cannot be shut down. What you gonna do with your deflating purchasing value in dollars?

What if I told you the price of bitcoin is not actually moving. It is just the dollar getting weaker and stronger moving it along with total supply. Would you understand that unlimited quantitative easing and loose monetary policy borderline negative interest rates all equal inflation or are you as dumb as the reasons you give for why you don't want crypto?

Some coins related to nft are also used for in game currency in video games so that has some value sorta but it still crashes when crypto crashes so it’s also bs. Just the fact that a single coin or maybe two(eth) shows how fake crypto is. Just because Tesla stock slumps doesn’t mean gm or Ford slumps too. It’s all rigged and right in front of your face my face and everyone else’s too. Market makers own crypto due to no regulation. Have a thread on here tittles truth about crypto, it goes into a little detail of how it works and why crypto is so volatile. It’s so obvious, dunno how long-term investors in crypto don’t get it. There’s only two crypto influencers who understand the crypto market and only one of them says it aloud. Mmcrypto says nothing about it but his name stands for Market Maker crypto. The one guy who speaks about it and does so all the time is traders reality and he is the only influencer anyone should listen to for crypto investing advice. He’s also good for forex trading advice.

No one will be able to buy or sell without the mark, however that works out.

That means, somehow, at some point, cryptos will be shut down or brought under and within the mark.

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EMP.

Crypto presumes an intact and functioning society.