Thinking about taking the CRYPTO PLUNGE

Dont do it, unless you are happy to HODL a 75%+ correction.
Maybe they can pump the crypto ponzi to over Million in a few years.
But cryptos crash 75%+ during bear markets.
Then it could take years to recover like last time, or perhaps it might never recover at all..
 
Saltynuts said:
Thoughts? Have I gone insane or just finally woken to see the light, like Neo in the Matrix?
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Don't worry you havn't gone insane. That attribute is an inherent and permanent part of your nature , think of it like a God given talent.
 
One day late, 1 dollar short.

Speaking of short, shorting is also investing. :)

But seriously, there is nothing wrong trading it as long as you don't buy the fundamental BS that comes from the cultists. And play both sides.
 
zghorner said:
Damn @Saltynuts is going to take a long position and crash the entire crypto space.

How is that GME short going?
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You joke, but me going in is indeed almost certainly an indication that it is about to crash lol. Just bought $20 of bitcoin on Robinhood for shits and giggles. Only the best - accept no substitute.

GME down from its highs, down more today I believe. Honestly I kinda quit paying attention to it, no biggie.
 
ZBZB said:
US dollar m2 went up by 25% last year and they stopped publishing the data weekly. More money is being printed then raised in tax revenue. That is the start of hyper inflationary collapse.
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I whole heartedly agree with this. Where did you see they stopped publishing he weekly data? Wow. Actually, where is the best place to find that data? One more question ZBZB, wouldn't their printing money show up in the M1 as well? Do they still print that (weekly) data?
 
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