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

[88m3]

Crypto is a fuccing bubble, and in 5 years it's use still won't be prevalent (more than 50% of the American population).

Cryptos are the 2020's Giga Pet with the added LARP of Millennials playing the successful savant up against world powers that are trying to destroy them and a world that doesn't understand them.

I would rather have someone bullshyt me about how they spent the last 12 hours swing trading the Lira than talk about coins.

 

[D1renegade]

Bookmarking this thread. It will be fun to revisit this in 2-3 years. A lot of people are ignoring the revolution occurring right in front of them…

 

[Skooby]

well yeah, not every crypto is going to succeed in the long run. but it'll definitely be a lot more than just bitcoin and ethereum. there's a lot of really good projects out there doing all sorts of different shyt.

it's cool if you just want to stick with those two, though. at least you have skin in the game.

My risk tolerance with crypto isn't high enough to go all in with these other crypto projects.

I got a bunch of random coins like in 2019 and they all don't exist no more or worth nothing lol. All except MANA.

 

[ORDER_66]

Cryptos are the 2020's Giga Pet with the added LARP of Millennials playing the successful savant up against world powers that are trying to destroy them and a world that doesn't understand them.

I would rather have someone bullshyt me about how they spent the last 12 hours swing trading the Lira than talk about coins.

 

[Zime]

And like the late '90s probably just a couple of them going to be standing at the end. And I'm guessing it's going to be the big two.

When it comes to crypto I'm only investing in Bitcoin and Ethereum. I'm staying away from all the other random coins.

You’re gonna stay away? Even though had you put $100 into Shiba last year would have made you a millionaire?

 

[Zime]

From the Co-Creator of DogeCoin

He doesn’t need to return. He made his millions already.

 

[Skooby]

You’re gonna stay away? Even though had you put $100 into Shiba last year would have made you a millionaire?

Breh but who really knew that.

You got to take a chance on a 100 different coins just for one to pop.

 

[ORDER_66]

Breh but who really knew that.

You got to take a chance on a 100 different coins just for one to pop.

NOt really if you do your homework and trust ya gut

 

[88m3]

Bitcoin Retreats 20% From Record, Joining Risk-Asset Sell-Off

Bitcoin Retreats 20% From Record, Joining Risk-Asset Sell-Off

 

[BigMoneyGrip]

Watch the gov pull regulations on it because the black man eating

 

[ORDER_66]

Watch the gov pull regulations on it because the black man eating

Hey man everyone should get in before they shut it down... But we continue to have a$$holes be a negative nancy ass nikka. Instead of being positive... don't let fear slow y'all down. Research and put in for it ..

 

[88m3]

Bitcoin Plunges Over 20% in Another Sign of Global Market Nerves

 

[Redguard]

i have a little LRC. it's based on speculation involving GME and the fundamentals of how efficient it is per transaction. still, it is highly speculative and i only put in what i can afford to lose. as long as people keep their expectations grounded, small and well-considered investments in crypto is ok. expecting crypto to reverse centuries of racist policy would be foolish.

For someone new to cryptocurrency, how much of an initial investment should someone start out with?

 

[ORDER_66]

Bitcoin Plunges Over 20% in Another Sign of Global Market Nerves

people know how crypto works...

 

[Professor Emeritus]

It's been that way since the beginning. Being scammed is a rite of passage almost and it helps phase out scams from legit stuff. Those Ls are offset by the potentially enormous gains, it's about risk management at the end.

So:

1) Crypto is a net-zero game
2) Certain people with money and power have a natural advantage
3) You're bound to get scammed

Combine those three factors, doesn't it pretty much guarantee that most folk in crypto will lose more than they win? It's like gambling against the house, even if all things were equal the odds would be 50-50 at best, and all things aren't equal.

some of the opinions of the non crypto folks is baffling to me.

its one part ignorance, and another part (imo) falling in line with their political party.
edit: also jealousy. They see people making a lot of money and feel like they missed out.

You're ignoring people who are plenty deep in the game. @EndDomination already posted this:



From the Co-Creator of DogeCoin