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The dumbest people I know do crypto

 
mr dull socks

User ID: 80137492
United States
05/29/2021 08:48 AM

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Re: The dumbest people I know do crypto
so true.
mr dull socks

User ID: 80137492
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05/29/2021 08:49 AM

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Re: The dumbest people I know do crypto
lol.. you have got to be dumber than your neighbors because its coming and nothing anyone can do to stop it.

stfu
 Quoting: JustSomeDudeOnGlp


This.

Instead being a hater. Do some research.

Become your own central bank.

This IS the revolution.

Fuck the "system".

Its the system that is a lie & fake, znd everyone knows it now.
 Quoting: Anonymous Coward 80395132


you will never beat the system. crypto is just another control mechanism.
Anonymous Coward
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05/29/2021 08:49 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780


Dude, think about this fact. Every time a person makes real capital gains from cryptocurrency, it is because they are taking those gains from someone else in the crypto market. That is the only way you can gain, is by taking some other suckers money from them.
That's how the cryptocurrency market functions. So basically the top traders and smart investors need all those dumbfucks to be in the market, so they can scalp them.
 Quoting: Agent Smith 2014


That's completely untrue. If you have 1000 dollars of DASH @ 100 dollars, and the price goes up to 200, you just made a profit of 1000 dollars (initial investment+ gains). If you then CONVERT those gains to another coin, then you have SOLIDIFIED them. That value came from an increase in speculative value for DASH. In other words, investors saw something they liked in DASH and bid for it.

You already have DASH because you were SMARTER than the market and bought a lot of it and use it everyday as an actual currency and payment mechanism. Because of this, when the market bids for DASH, you are not "taking" them from the new investors.

Your profit comes from the fact that you had an asset at a value, and due to speculative reasons that value increased. When you sell for a different coin, you are basically serving as the barrier to entry to the next guy. For example, when you got in, you had to pay a premium too. Either it was experimental, or scary, or ridiculed, or you had to mine it, whatever, everyone has to pay the cost to be the boss.

Its the same everywhere in life. Its not at all "taking" as you describe it though, because speculators WANT to give you their money because DASH is an actually valuable addition to their lives, so like you did they are WILLING TO PAY THE COST TO ENTRY.

Caucasians don't like cryptos though, especially DASH, so they twist and turn everything negative to keep people away.
 Quoting: Anonymous Coward 80089413


Shut the fuck up.
 Quoting: Anonymous Coward 78349802


lol
Anonymous Coward
User ID: 71130294
United States
05/29/2021 08:50 AM
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Re: The dumbest people I know do crypto
They think that the cabal designed system is here to benefit every dumb sheep are sadly miststaken. Not bashing cryptos is that it has been used wrongly and not to benefit comon folk
Anonymous Coward
User ID: 80089413
United States
05/29/2021 08:50 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780


Dude, think about this fact. Every time a person makes real capital gains from cryptocurrency, it is because they are taking those gains from someone else in the crypto market. That is the only way you can gain, is by taking some other suckers money from them.
That's how the cryptocurrency market functions. So basically the top traders and smart investors need all those dumbfucks to be in the market, so they can scalp them.
 Quoting: Agent Smith 2014


That's completely untrue. If you have 1000 dollars of DASH @ 100 dollars, and the price goes up to 200, you just made a profit of 1000 dollars (initial investment+ gains). If you then CONVERT those gains to another coin, then you have SOLIDIFIED them. That value came from an increase in speculative value for DASH. In other words, investors saw something they liked in DASH and bid for it.

You already have DASH because you were SMARTER than the market and bought a lot of it and use it everyday as an actual currency and payment mechanism. Because of this, when the market bids for DASH, you are not "taking" them from the new investors.

Your profit comes from the fact that you had an asset at a value, and due to speculative reasons that value increased. When you sell for a different coin, you are basically serving as the barrier to entry to the next guy. For example, when you got in, you had to pay a premium too. Either it was experimental, or scary, or ridiculed, or you had to mine it, whatever, everyone has to pay the cost to be the boss.

Its the same everywhere in life. Its not at all "taking" as you describe it though, because speculators WANT to give you their money because DASH is an actually valuable addition to their lives, so like you did they are WILLING TO PAY THE COST TO ENTRY.

Caucasians don't like cryptos though, especially DASH, so they twist and turn everything negative to keep people away.
 Quoting: Anonymous Coward 80089413


Shut the fuck up.
 Quoting: Anonymous Coward 78349802


fuckoff2fuckoff2fuckoff2
Anonymous Coward
User ID: 80404549
United States
05/29/2021 08:50 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780




Alright, alright. I heard your crypto-tard dog whistle. I'm here I'm here.

Now, *CRACKS KNUCKLES*.....

If you dont like crypto don't invest in crypto. I got in in 2013, my life has been made INFINITELY better with cryptos.

I've converted my ridiculous profits in so many real, hold I'm my hands assets. My roof was put on by a contractor that took Bitcoin. I have a safe slap full of silver and gold from SDBullion AND my L.C.S. that take bitcoin. I made almost 40,000% profits on Doge.

I know at some point cryptos are going to crater and take a lot of peoples wealth. But not at this moment. Cryptos are a tool, a force multiplier to quickly convert investments into stupid money and then purchase real world things.

I've bought more crypto in the past week than I have in a long time. There will be a time when central banks bring on their crypto currency and outlaw and squash bitcoin and Ethereum. That will do two things.

1. It will make privacy coins like Monero and Pirate Chain to the fucking moon.

2. Will make my gold and silver become so valuable it'll be ridiculous.

Cryptos are a tool and as any tool they can be used wrong causing damage and injury OOOOORRR, used skillfully to build something beautiful, like the portfolio I have because of them.

Alrighty, bye-bye now cupcake.
 Quoting: Just Passing Through.....


Which coins you recommend getting?
Anonymous Coward
User ID: 77687416
Ireland
05/29/2021 08:53 AM
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Re: The dumbest people I know do crypto
OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
Anonymous Coward
User ID: 80290759
United States
05/29/2021 08:55 AM
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Re: The dumbest people I know do crypto
Richest people I know do crypto.
peterpeccary

User ID: 79044425
United States
05/29/2021 08:55 AM
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Re: The dumbest people I know do crypto
You're either in or you're not.....bashing people that are trying to better themselves makes no sense if you don't have a horse in the race....

People also said I was "dumb" for flipping houses even tho it completely changed my life....went from a renter to a owner of multiple mortgage free investment properties....some of that rent roll was plowed into cryptos.....

Some of the BTC was sold at 32K and more in the 50's....I took out all my initial investment and a healthy profit....some of which is converted into precious metals.....

Even if my remaining portfolio went to 0, I already profited nicely.....At this point I'm playing with the casino's money....If that's dumb.....let me stay dumb....

LOL
BRIEF

User ID: 79662918
United States
05/29/2021 08:56 AM

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Re: The dumbest people I know do crypto
lol.. you have got to be dumber than your neighbors because its coming and nothing anyone can do to stop it.

stfu
 Quoting: JustSomeDudeOnGlp


This.

Instead being a hater. Do some research.

Become your own central bank.

This IS the revolution.

Fuck the "system".

Its the system that is a lie & fake, znd everyone knows it now.
 Quoting: Anonymous Coward 80395132


you will never beat the system. crypto is just another control mechanism.
 Quoting: mr dull socks


It prevents money from flowing into real investments, like companies that actually sell stuff, employ people, and make products or services...ya know, a profit!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 79299619
United States
05/29/2021 08:58 AM
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Re: The dumbest people I know do crypto
Enjoy staying poor
 Quoting: Anonymous Coward 79299619


Who?

I could have retired many years before I actually did...


Inflation plays a role in CD rates. Interest rates are currently not beating inflation. Historically, inflation is usually mild during this time. During the year leading up to October 2010, inflation was approximately 1.2 %, according to the Bureau of Labor Statistics. Inflation has averaged 4.38 % since the 1960s. Investors would experience a great loss if inflation returned to normal. Those with long-term CDs without the option to withdraw money or use bump-up rates would lose a great deal of money.

[link to www.registerednursern.com (secure)]
 Quoting: BRIEF


CDs never keep up with the printing presses. It's just a way to lose less money than keeping it under your mattress.

Take a look at prices pretty much anywhere, then take a look at the government numbers for inflation. It's a bunch of BS. The creepy pedo in the white house and his merry band of retards are going to completely fuck the economy.

You seem to be making an argument for bitcoin.
 Quoting: Anonymous Coward 79299619


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
Anonymous Coward
User ID: 78349802
United States
05/29/2021 08:59 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780


Dude, think about this fact. Every time a person makes real capital gains from cryptocurrency, it is because they are taking those gains from someone else in the crypto market. That is the only way you can gain, is by taking some other suckers money from them.
That's how the cryptocurrency market functions. So basically the top traders and smart investors need all those dumbfucks to be in the market, so they can scalp them.
 Quoting: Agent Smith 2014


Its a baton race you dumb fuck trading time for appreciation.no victims when we all know the rules
 Quoting: Anonymous Coward 80107215


A race for retard cointards, you mean. It's going to be funny when you all end up broke.
BRIEF

User ID: 79662918
United States
05/29/2021 09:02 AM

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Re: The dumbest people I know do crypto
OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
 Quoting: Anonymous Coward 77687416


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 79662918
United States
05/29/2021 09:04 AM

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Re: The dumbest people I know do crypto
Richest people I know do crypto.
 Quoting: Anonymous Coward 80290759


Not many gamblers die wealthy...They sometimes enjoy their heyday..
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 78349802
United States
05/29/2021 09:04 AM
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Re: The dumbest people I know do crypto
...


Who?

I could have retired many years before I actually did...


Inflation plays a role in CD rates. Interest rates are currently not beating inflation. Historically, inflation is usually mild during this time. During the year leading up to October 2010, inflation was approximately 1.2 %, according to the Bureau of Labor Statistics. Inflation has averaged 4.38 % since the 1960s. Investors would experience a great loss if inflation returned to normal. Those with long-term CDs without the option to withdraw money or use bump-up rates would lose a great deal of money.

[link to www.registerednursern.com (secure)]
 Quoting: BRIEF


CDs never keep up with the printing presses. It's just a way to lose less money than keeping it under your mattress.

Take a look at prices pretty much anywhere, then take a look at the government numbers for inflation. It's a bunch of BS. The creepy pedo in the white house and his merry band of retards are going to completely fuck the economy.

You seem to be making an argument for bitcoin.
 Quoting: Anonymous Coward 79299619


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619



You bought when it was dirt cheap, you likely didn't pay your taxes and you took the money of everyone else who lost money from bitcoin.

Have a nice day, you piece of shit.
BRIEF

User ID: 79662918
United States
05/29/2021 09:05 AM

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Re: The dumbest people I know do crypto
...


Who?

I could have retired many years before I actually did...


Inflation plays a role in CD rates. Interest rates are currently not beating inflation. Historically, inflation is usually mild during this time. During the year leading up to October 2010, inflation was approximately 1.2 %, according to the Bureau of Labor Statistics. Inflation has averaged 4.38 % since the 1960s. Investors would experience a great loss if inflation returned to normal. Those with long-term CDs without the option to withdraw money or use bump-up rates would lose a great deal of money.

[link to www.registerednursern.com (secure)]
 Quoting: BRIEF


CDs never keep up with the printing presses. It's just a way to lose less money than keeping it under your mattress.

Take a look at prices pretty much anywhere, then take a look at the government numbers for inflation. It's a bunch of BS. The creepy pedo in the white house and his merry band of retards are going to completely fuck the economy.

You seem to be making an argument for bitcoin.
 Quoting: Anonymous Coward 79299619


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619


Do you have any idea of the overall wealth of our natural resources?

It's a large number...

All I see is a wall of investment and growth money coming...

Position yourself as you see fit...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 77687416
Ireland
05/29/2021 09:06 AM
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Re: The dumbest people I know do crypto
OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


OP loves his 40k salary and working for some corporate company so he can just about afford his rent and kids food.

Maybe you are are the complete idiot you dopey c**t.....

Guessing your old and clueless..
 Quoting: Anonymous Coward 77687416


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
 Quoting: Anonymous Coward 77687416


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
 Quoting: BRIEF


Great if you're going to live for 1,000 years. I prefer doubling my money up monthly.

Thats 1 month 100%, 2 months another 100% etc. Exponentially.

If you want to make big bucks. Wtf is the point is waiting 20 years to make a measly 800%? So you can afford your retirement home?

You want to be aiming got a minimum of 500% a year.
Anonymous Coward
User ID: 78992367
United Kingdom
05/29/2021 09:08 AM
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Re: The dumbest people I know do crypto
[imgur] [link to imgur.com (secure)]

LOOPIE FRINK TOAD LUVE EXPOSED FROM THE NACHO STAND LOOK AT THIS GARBAGE ON FACEBOOK HE TALKS TO HIMSELF IT'S A COMPLETE SHAM
 Quoting: Anonymous Coward 78992367
BRIEF

User ID: 79662918
United States
05/29/2021 09:08 AM

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Re: The dumbest people I know do crypto
...


CDs never keep up with the printing presses. It's just a way to lose less money than keeping it under your mattress.

Take a look at prices pretty much anywhere, then take a look at the government numbers for inflation. It's a bunch of BS. The creepy pedo in the white house and his merry band of retards are going to completely fuck the economy.

You seem to be making an argument for bitcoin.
 Quoting: Anonymous Coward 79299619


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619



You bought when it was dirt cheap, you likely didn't pay your taxes and you took the money of everyone else who lost money from bitcoin.

Have a nice day, you piece of shit.
 Quoting: Anonymous Coward 78349802


I think that's what really bothers me about cryptocurrency.

What am I getting by purchasing a bitcoin?

I know what I get when I buy a chunk of Microsoft or Amazon...

Where is my benefit in cryptocurrency?

Try to sell it to me!
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 79662918
United States
05/29/2021 09:10 AM

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Re: The dumbest people I know do crypto
...


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


...


I have never saved less that half of my salary...If you can't put at least 10% back every check, you are doing something wrong...
 Quoting: BRIEF


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
 Quoting: Anonymous Coward 77687416


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
 Quoting: BRIEF


Great if you're going to live for 1,000 years. I prefer doubling my money up monthly.

Thats 1 month 100%, 2 months another 100% etc. Exponentially.

If you want to make big bucks. Wtf is the point is waiting 20 years to make a measly 800%? So you can afford your retirement home?

You want to be aiming got a minimum of 500% a year.
 Quoting: Anonymous Coward 77687416


Yes, my way takes time...but it works...And so must you...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 78333536
United States
05/29/2021 09:10 AM
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Re: The dumbest people I know do crypto
...


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619



You bought when it was dirt cheap, you likely didn't pay your taxes and you took the money of everyone else who lost money from bitcoin.

Have a nice day, you piece of shit.
 Quoting: Anonymous Coward 78349802


I think that's what really bothers me about cryptocurrency.

What am I getting by purchasing a bitcoin?

I know what I get when I buy a chunk of Microsoft or Amazon...

Where is my benefit in cryptocurrency?

Try to sell it to me!
 Quoting: BRIEF


Buying cryptocurrency means that nobody can take your money from you, unless you give it to them.
You are dumb as shit.
User ID: 75412879
Iceland
05/29/2021 09:11 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780


I've made just short of 2 million dollars on dogecoin in 2021.
Anonymous Coward
User ID: 78349802
United States
05/29/2021 09:13 AM
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Re: The dumbest people I know do crypto
...


No, I acknowledge inflation as a given and account for it...

I began learning about investing over 35 years ago with CD's, and then learned from there...However, watching CD rates is a clue to market trajectory...Low CD rates means low inflation...
 Quoting: BRIEF


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619



You bought when it was dirt cheap, you likely didn't pay your taxes and you took the money of everyone else who lost money from bitcoin.

Have a nice day, you piece of shit.
 Quoting: Anonymous Coward 78349802


I think that's what really bothers me about cryptocurrency.

What am I getting by purchasing a bitcoin?

I know what I get when I buy a chunk of Microsoft or Amazon...

Where is my benefit in cryptocurrency?

Try to sell it to me!
 Quoting: BRIEF


You're doing investment the right way. Longevity is key.

As for bitcoin, ask anyone who bought at 55k how their gamble is doing.
Anonymous Coward
User ID: 78349802
United States
05/29/2021 09:15 AM
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Re: The dumbest people I know do crypto
Seriously. One guy is a just a liar. Everything in his life is a lie or a scam. He’s all in.

The other is just a low class ghetto while guy dumb as fuck. He was telling me last week to do some research and I’ll see things his way. Lmfao.

This crypto game attracts the biggest losers of our society.

I tried telling them that the UN is not gonna allow some nerds to just overtake the financial systems. That crypto will be regulated into the dark of it’s not already. That nobody serious is doing transactions that take a week and 4 seperate platforms.

But of course, the guy with 300 LB girlfriend who lives in a shit box by the highway knows better.

I love watching stupid people suffer!
 Quoting: Anonymous Coward 78136780


I've made just short of 2 million dollars on dogecoin in 2021.
 Quoting: You are dumb as shit. 75412879


Sure you did, you little liar.
Anonymous Coward
User ID: 78349802
United States
05/29/2021 09:16 AM
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Re: The dumbest people I know do crypto
A lot of these millionaires on retirement are full of shit. They are the living a lie types the op talks about.
Anonymous Coward
User ID: 4310491
Ireland
05/29/2021 09:17 AM
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Re: The dumbest people I know do crypto
...


...


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
 Quoting: Anonymous Coward 77687416


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
 Quoting: BRIEF


Great if you're going to live for 1,000 years. I prefer doubling my money up monthly.

Thats 1 month 100%, 2 months another 100% etc. Exponentially.

If you want to make big bucks. Wtf is the point is waiting 20 years to make a measly 800%? So you can afford your retirement home?

You want to be aiming got a minimum of 500% a year.
 Quoting: Anonymous Coward 77687416


Yes, my way takes time...but it works...And so must you...
 Quoting: BRIEF


My way already did work. I work for myself.

I own 3 properties and 2 holiday homes.

I'm married and have a kid on the way.

I have 0 debts.

All thanks to crypto.

Anyway. When you hit 400% in 80 years. At least you will be able to afford your own coffin :)
Sal Monella

User ID: 78450007
United States
05/29/2021 09:18 AM
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Re: The dumbest people I know do crypto
...


...


Or you could invest 10%. Save 40% and spend 50% so your 10% becomes 40,000%.

I don't think you're clever enough to understand the principle of crypto. Not wired up right.
 Quoting: Anonymous Coward 77687416


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
 Quoting: BRIEF


Great if you're going to live for 1,000 years. I prefer doubling my money up monthly.

Thats 1 month 100%, 2 months another 100% etc. Exponentially.

If you want to make big bucks. Wtf is the point is waiting 20 years to make a measly 800%? So you can afford your retirement home?

You want to be aiming got a minimum of 500% a year.
 Quoting: Anonymous Coward 77687416


Yes, my way takes time...but it works...And so must you...
 Quoting: BRIEF


Let me talk down to you a bit. Buying crypto is not buying currency. Buying crypto is buying access to the crypto network. What value could you place on the internet? This is the value of crypto currencies.

The crypto network has grown exponentially faster than the internet you know of. If you are talking returns on growth, then you are a fool for missing out on this growth because it is growing faster than any company can produce anything.

You're looking at it wrong, Brief. You never did your homework. Crypto buys you access to the biggest growth industry on the planet. How much do you pay monthly for internet service? Wouldn't it be great if the internet service paid you for using it? This is crypto...

Last Edited by Sal Monella on 05/29/2021 09:19 AM
Expert Generalist With Moral Injury
BRIEF

User ID: 79662918
United States
05/29/2021 09:21 AM

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Re: The dumbest people I know do crypto
...


Well good luck, I honestly hope it works out for you. I see a storm coming that bitcoin may not even be able to save us from.

I'll keep hodling the money they can't screw with though.

I'm diversified in many other assets, in my 30s, and been retired for 2 years thanks to bitcoin.
 Quoting: Anonymous Coward 79299619



You bought when it was dirt cheap, you likely didn't pay your taxes and you took the money of everyone else who lost money from bitcoin.

Have a nice day, you piece of shit.
 Quoting: Anonymous Coward 78349802


I think that's what really bothers me about cryptocurrency.

What am I getting by purchasing a bitcoin?

I know what I get when I buy a chunk of Microsoft or Amazon...

Where is my benefit in cryptocurrency?

Try to sell it to me!
 Quoting: BRIEF


Buying cryptocurrency means that nobody can take your money from you, unless you give it to them.
 Quoting: Anonymous Coward 78333536


Well, I have no fear of that...

Crypto if for schizo ? ?

Paranoid?
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Off Grid AZ

User ID: 80378090
United States
05/29/2021 09:22 AM
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Re: The dumbest people I know do crypto
Richest people I know do crypto.
 Quoting: Anonymous Coward 80290759


^^^^THIS
Unjabbed and Off Grid
BRIEF

User ID: 79662918
United States
05/29/2021 09:23 AM

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Re: The dumbest people I know do crypto
...


By "save" I do mean invest...At 12% I double my money every 6.5 years...

By double, I mean 1 to 2, 2 to 4, 4 to 8

In 20 years you will have 8 times your original investment, IF YOU NEVER ADD ANOTHER PENNY!

The exponential growth of just 12%, the markets overall average, is the best and simplest way to make yourself wealthy...
 Quoting: BRIEF


Great if you're going to live for 1,000 years. I prefer doubling my money up monthly.

Thats 1 month 100%, 2 months another 100% etc. Exponentially.

If you want to make big bucks. Wtf is the point is waiting 20 years to make a measly 800%? So you can afford your retirement home?

You want to be aiming got a minimum of 500% a year.
 Quoting: Anonymous Coward 77687416


Yes, my way takes time...but it works...And so must you...
 Quoting: BRIEF


My way already did work. I work for myself.

I own 3 properties and 2 holiday homes.

I'm married and have a kid on the way.

I have 0 debts.

All thanks to crypto.

Anyway. When you hit 400% in 80 years. At least you will be able to afford your own coffin :)
 Quoting: Anonymous Coward 4310491


LOL I've already made mine too...Not on gambling but rather, as an investor...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892





GLP