Topic: People say its ok to lose in crypto and btc but here is important message to all (Read 142 times)

anyone can leave crypto without any reason or things like you who might be disappointed with crypto. You will not have any influence if you leave crypto. cryptocurrencies are bigger than you think, crypto won't die that easily, the whole world community supports cryptocurrencies.
everyone has their own way of thinking, so the crypto industry is still very unlikely to die soon, this is still the beginning of crypto.

I'm not convinced.  Not only do I believe Bitcoin would survive without centralised, custodial exchanges, I also think in the long term we're actually better off without them.  They're the weak link in the chain;  A leftover remnant of the wrong way to do things;  A bad habit that needs to be broken.  And the writing is on the wall.  Custodial exchanges are on borrowed time.  Sooner or later, they're mostly going to become completely unusable as various governments tighten their grips.  Consider yourself warned.

Neither Wall Street nor the SEC care about the problems you're having.  They would prefer you contact a broker or a hedge fund manager and give them a portion of any profits they earn for you while they place bets from the sidelines on an ETF or some other derivative IOUs.  They have zero interest in seeing ordinary people becoming financially sovereign in a system which they cannot control.  So learn how to use Bitcoin properly.  That's how you beat them.

Must agree with the above because despite the volatility certain strong coins are still worth holding, and being an early supporter of these coins will certainly protect you against these relative fluctuations because you'll be well in profit. One of the main reasons people tend to lose is because they're new comers with the wrong ideals - and that is that in crypto money just come to you!

Of course this is not correct, as it does require a lot of DD, patience and time, all of which greed does not align with. So bottom line is if you're greedy you're playing with fire!


To be frank and truthful about the regulation statement @Fortify is right, regulatory measures is something none of us individuals on here can control. While this is the case, in the large scheme of things there has been really not that much regulation - you can still decide where to trade, you can still decide to KYC or not, it's all about being knowledgeable about the space.  

In the end, regulatory measures do need to be put in place because only then we can achieve that wider integration to the real world, that bridge to traditional fiat service providers, and so far we've all but taken baby steps...

Nothing is easy.
Don't expect fortune at the platter of gold.
Crypto is still at its early stage, do not give up. You are a Satoshi. Work to improve the system.
There is a custodian and non custodian wallets.
KYC is not compulsory.
Trading is not a must in crypto.
There are many ways to survive in this space. Thanks!

If we the traders will leave the crypto...then wall steet have no cow to milk.
So wall street better tell to goverment lets not f up all this game with rules and regulations ... the money cows will die.
Lets not kill the cows i agree to be wall street cow here but for f up there os limit.

Who is this "we"? You seem seriously anti-crypto but only out of your own greed. You might very well be a late-comer to the party as you talk about only profits, people who have been here a long time know that this is a highly volatile asset that could fall, which is likely to weed out many people who were short-sighted. Is anyone supposed to admire your big speech, when it seems to only be self interest that brought you here. It feels like you have got the vibe of this forum all wrong if you think many people will be agreeing with you. You speak about things like regulators taking action yet don't understand that the average user here has zero control over that. Such a poorly thought out idea all round.

You need to understand that if you use centralised currencies like USDT, then you forfeit the right to complain about frozen assets.  Use networks where that can't happen.
You need to understand that if you use centralised platforms like exchanges, then you forfeit the right to complain about KYC.  Use platforms which don't have that.

The SEC and the government have no interest in making it easier for you to continue doing what you're doing.  If anything, they have plans to make it even more difficult.  So you have some choices to make:

a)  you suck it up and keep relying on custodial middlemen which are easy targets for the authorities to clamp down on,
b)  you leave and surrender all the freedoms and protections crypto can potentially offer when you learn to use it *correctly*, or
c)  you start finding smarter ways to do things and discover how to take full autonomy over you own funds, instead of leaving them in the possession of others.  Crypto was designed to be peer-to-peer, so use it in the way it was intended to be used and you won't run into all these issues you're having.

It's up to you.

Didn't get the point of a huge part of your text, but you can always leave cryptocurrencies, it's an alternative sector and you can survive without it and deal with conventional banks.
If you're having problems picking what cryptocurrency to buy, or do not have enough technical knowledge to properly use it or you don't get why you even need it at all, you can always leave cryptocurrencies and stick with fiat.

But people who created bitcoin and crypto.
You should know one thing:
We dont need to be in crypto if too many problems like hacking ...or usdt frozes..wich never happened at least with me or friends.

Also they want to start the sec and goverment with DEX exchangers....
Also kyc...regulations
If too much heache start coming out of crypto then solution is simple:
We dont need crypto then we can leave crypto if we dont get profit but only pointless problems.

I can and many people can leave crypto anytime its not a problem.

So sec fed and goverment and banks wall street and all the people who created crypto for us.
Please stop f ...around !!  Or you lose people.

I dont have to be in this im here until it works until no $$$ of crypto but it will only takes my $$$ then crypto is not needed.

We lose money here when whales pump or dump markets when u try to short it goes up when u try to long it goes down....thats all ready too much stress for traders so if the wall street and govement start making bs we can just leave the crypto.

And if we leave crypto whos gona feed those grayscale and  micheal saylors ??

So here what i say  dont kill the cow take just milk im fine with that wall street milking me .... but if you going to kill cow with all those pointless KYC rules tax rules regulations .... and stealing from COWS by saying...ouu your USDT just got frozen...lol then what you guys do at the wall street? 

So the point is there so much all ready bs around the world lets not bring and not justify the bs things.
The second thing if goverment...start f around here too much then wall street who owns goverment and everything will start asking questions ...like hey goverment ??why do you try to kill our casino here =?

If those problems what i said will continue to exist then crypto industry will die soon.

We stay in this only if more f..around dont come in crypto.