Most of the crypto promotion misleads new naive investors by pointing out past returns as if that guarantees future returns. Go to page 1 of this thread. Crypto has very little inherent value. It’s appreciation derives from greater fools.
Bitcoin is a Ponzi
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Most of the crypto promotion misleads new naive investors by pointing out past returns as if that guarantees future returns. Go to page 1 of this thread. Crypto has very little inherent value. It’s appreciation derives from greater fools.
That’s how the entire stock market is promoted.
That’s how the entire stock market is promoted.
The stock market has been exposed as a scam, I mean Bernie Madoff was in charge of the SEC and made the rules we have today which allow them to manipulate the market
but the fact you're actually buying shares of company, and your shares are actually insured, you can't put it into the same category as crypto
with crypto you're not buying anything
when you press the buy button your giving your money to somebody who are selling their worthless crypto, when you buy a stock somebody is selling their share in a company which is at least something real
Nothing about crypto is regulated, if all those exchanges decided to take everyone's crypto and lock them out of their accounts and just close shop, it's nothig anybody can do about it, there are no rules or any accountability
In the early days of crypto bitcoin was actually used as a currency, a way to do peer to peer transactions, they weren't even any exchanges, you had to buy bitcoin peer to peer, so you are buying from people who actually mined the bitcoin or brought it from miners and held it
now the only way to get it is from an exchange
Tres Leches
Empire Business
oh and here you go : btc has been killed 455 times
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That’s how the entire stock market is promoted.
No it’s not.
yeah it is, that’s all you hear.
“In such in such year this happened, therefore it’s gonna happen again”
That’s why we talk about historic highs and lows.
It’s why people are recommended to invest in one of the indexes for a “guaranteed 10%” return.
And so on….
No we mainly hear about growing revenues, earnings, new products/services, etc as main justifications to invest in an individual stock.
The stocks prior performance and the markets prior performance is a huge part of that. You are being disingenuous to deny that fact just to try to make a point
The stocks prior performance and the markets prior performance is a huge part of that. You are being disingenuous to deny that fact just to try to make a point
I never said that wasn’t a factor. My point is unlike crypto that isn’t the main factor that’s used to promote a stock investment.
First off, it kinda is. Again prior performance is literally why people feel comfortable investing. It’s why people are “ok” during a bear market like we have had lately. The idea is that it will bounce back like it did before and how it did before.
But beyond that crypto is not only advertised that way. Crypto is basically selling a future of finance/currency that none of us know if it will even happen are not.
Some people are happy to put money towards that future, some people chose to extract money from the speculation of said future.
It’s kinda just how the stock market works
I get it, when you buy a stock of a company you have a more tangible thing up front, but functionally the shyt works the same way.
First off, it kinda is. Again prior performance is literally why people feel comfortable investing. It’s why people are “ok” during a bear market like we have had lately. The idea is that it will bounce back like it did before and how it did before.
But beyond that crypto is not only advertised that way. Crypto is basically selling a future of finance/currency that none of us know if it will even happen are not.
Some people are happy to put money towards that future, some people chose to extract money from the speculation of said future.
It’s kinda just how the stock market works
I get it, when you buy a stock of a company you have a more tangible thing up front, but functionally the shyt works the same way.
No it doesn’t work the same way. When people are buying shares in a company, they know what they’re buying has tangible value. Crypto people are being intentionally deceptive because the only way to push it higher is to get new pools of investors. Stocks are propelled higher largely by existing pools of stock market investors.
No, this doesn’t even make sense.
Only way to make money in the stock market is for new investors to come in. If the same investors keep buying the same stock, they aren’t really making any money.
It’s when new investors pour in that “old” investors are able to make some profits.
Most of the “new investors” in an individual stock are people or institutions who already have stock market exposure. The new investors in crypto are people who’ve never invested in crypto.
Are you gonna get the Proshares Bitcoin ETF Short that is launching today?
bitcoin to $1?
become a billionaire sir
have a great day