How dumb does one have to be to jump into the market that has been booming for 2 years and just recently went parabolic?
I guess they really drank that "blockchain technology" kool-aid and seriously believed that cryptocurrencies/blockchain are about to change the world. I'm sure most of those people don't have any solid background in related fields like computer science, cryptography, software engineering; and their research consisted of watching a few videos on Youtube and reading some articles.
This tweet summarizes this article perfectly: https://twitter.com/karbonbased/status/1031541717135179776
Topic: [2018-08-20] After the Bitcoin Boom: Hard Lessons for Cryptocurrency Investors - page 2. (Read 360 times)
August 20, 2018, 03:37:19 PM
August 20, 2018, 03:20:51 PM
How illiterate one should be to put all his savings in something so volatile as bitcoin. The were some people selling their houses/cars to invest in crypo, I don't know what they're doing but the suicide rates are a bit higher then the last years, so hope is not the reflection of the bear market last few months.
You loose only when you sell.
You loose only when you sell.
August 20, 2018, 02:59:45 PM
https://www.nytimes.com/2018/08/20/technology/cryptocurrency-investor-losses.html
Fooking pitiful reading here. After all this time and the relentless grind of 2014/15 I truly do not understand how these people didn't think the exact same thing could happen again, even more so when there was more empty shit than ever ready to relieve them of their money.
Losing money sucks. Losing it to blatantly worthless projects 'led' by people who appear to be stock images with made up names makes you a sucker in a world of suck.
Fooking pitiful reading here. After all this time and the relentless grind of 2014/15 I truly do not understand how these people didn't think the exact same thing could happen again, even more so when there was more empty shit than ever ready to relieve them of their money.
Losing money sucks. Losing it to blatantly worthless projects 'led' by people who appear to be stock images with made up names makes you a sucker in a world of suck.
Jump to: