African-Americans Outpace Whites & Hispanics In Cryptocurrency Investments, A New Avenue to Wealth

[Professor Emeritus]

Ironic as fukk, because shytcoin promoters literally only get paid when other people throw money into shytcoins.

 

[88m3]

Bitcoin’s Current Holders Are New, With 55% Getting in This Year

 

[Drip Bayless]

Crypto ≠ Blockchain technology
Shiba INU, Dogecoin, and the rest of the shytcoins ≠ cryptocurrency
The Coli and sweeping generalizations, never change y’all

 

[ORDER_66]

Ironic as fukk, because shytcoin promoters literally only get paid when other people throw money into shytcoins.

 

[Propaganda]

Only the internet assets that had legitimacy, purpose, and the most sound plan still exist. The bullshyt ones died when the bubble died and lost everything. Hell, even some of the decent ones couldn't survive. It's not like you can say, "Well, the stock went back up afterwards, it just took a while." No, those stocks died and were gone forever. Only the ones with business plans solid enough to survive the crash went back up, the others were investments gone for good.

That's something a lot of folk don't seem to realize about bubbles. Unless you cash out first, then you're not just in danger of slowing down your gains. You can lose literally everything you have in the game and it ain't never coming back.

ummm, yeah, i was there for it. that was my first venture into the stock market. you're speaking to me like i don't know these things.

i don't fukk with shyt coins. i invest in projects i think are solid and not only be profitable now but have long-term potential. i'm looking at their use-cases, their utility, their team, their online community, their investors, trading volume, their "tokenonmics" - market cap/available supply/vesting periods/etc. and so on. that doesn't mean everything i've bought will survive the bear market but i'm doing my research and making informed decisions. i can give you reasons i've put money in every coin i've got. i'm not the guy blinding throwing my whole paycheck at whatever "guaranteed 1000x! to the moon!" bullshyt the slimy fukks on tik-tok are pumping.

historically, crypto works in roughly 4 year cycles revolving around the 'bitcoin halving' (although it seems this one is going to go longer due to covid, institutional investment, larger retail interest, monetary policy and other things) and i know it's that it's gonna crash and crash hard, go into a bear market and take some time for money to flow back in. it's happened multiple times already, last time in 2017. that is the nature of a young, immature market like this. i have plans for when shyt REALLY goes south and in the meantime, been taking profits along the way.

but unless there is some massive fundamental change to this class of assets...bitcoin and the rest of the market will rebound stronger than ever, just as it's done before. and it won't take 13 years either.

 

[Hood Critic]

The only way you could be comfortable holding a position like this in crypto is when you know when/how to control the volatility. A lot of regular people are going to lose a lot of money in the next couple of years.

Third-biggest Bitcoin whale's holdings total $6B after 'whopping' 2.7K BTC buy-in

After buying frequently since BTC/USD hit $69,000 all-time highs last month, the wallet holder upped the ante overnight with a single purchase of 2,700 BTC — taking their total to 118,017 BTC.

The buy dwarfs previous recent transactions, and as popular Twitter account Venturefounder noted, takes the holder's balance to "whopping" record levels.

"This is officially the highest number of Bitcoin EVER held in this wallet: 118,017 BTC, in total the whale has put $2.5B USD to buy BTC with an average cost basis of $21,160 per BTC," the account tweeted.

 

[☑︎#VoteDemocrat]

 

[Wild self]

It's the lottery mentality. Instead of putting in the real work via reducing frivolous consumer spending, saving for the future, and practicing group economics, too many of us want a winning lottery ticket via crypto.

I call it thw "Cash Money stunting" mentality. A lot of folks grew up in the bling bling era and witnessed these million dollar music videos with 6 figure cars, outfits that cost $50k, and big houses. The concept of being modest while wealthy is a foreign idea for many people. Especially the undisciplined "lottery" mentality

 

[lib123]

I call it thw "Cash Money stunting" mentality. A lot of folks grew up in the bling bling era and witnessed these million dollar music videos with 6 figure cars, outfits that cost $50k, and big houses. The concept of being modest while wealthy is a foreign idea for many people. Especially the undisciplined "lottery" mentality

Yeah and IG has made it 10x worse. Celebs showing off their crypto portfolios. I bet when the bubble busts most of them will act like crypto don’t exist.

 

[Wild self]

Yeah and IG has made it 10x worse. Celebs showing off their crypto portfolios. I bet when the bubble busts most of them will act like crypto don’t exist.

Yeah, IG is the antithesis of financial discipline. No group economics, just scamming and robbing to impress women with BBLs and fake bodies.

Some people even hack into regular IG accounts and promote crypto. Its a sick game.

 

[NZA]

 

[88m3]

Dogecoin: Everything you need to know about the cryptocurrency

 

[88m3]

Congress gets a crash course on cryptocurrency.

Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States | U.S. House Committee on Financial Services

 

[ADevilYouKhow]

The biggest cryptocurrency scams of 2021

 

[Kenny West]

Crypto isn’t more revolutionary than the Internet, yet tech stocks tanked 80% from their 2000 peak over the following 1-2 years. Many dot-com stocks disappeared.

And the suvivors ended up being some of the most valuable companies in the market today. (Google, fb, amazon etc) Because the tech is still around and possibilities that drove that speculative bubble came true, albeit largely conslidated.

Know your bubble