Stop chasing the "next" bitcoin - page 10.

Kemarit

legendary

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Quote from: BrewMaster on May 03, 2019, 10:41:40 AM

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

I agree. Those newbies are really very hype on ICO and shitcoins and buying useless crypto and then we will hear them bitching around the community saying they got rekt and the promise to became rich didn't arrived. So lessons learned there, but for those who have matured and grow to be a seasoned investors and just invest on Bitcoin and just continue to hodl, then a new day has dawn because the market is already on the positive side since February. Shitcoins will be shitcoins. Grin

mk4

legendary

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Paldo.io 🤖

Quote from: BrewMaster on May 03, 2019, 10:41:40 AM

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

True. Unfortunately in this case, the biggest lesson for people would be to actually get burned by their investments. The cryptocurrency markets are a hugely unregulated market, hence we really expect a lot of people who have zero idea on investing and research to be putting significant amounts of money in. I think it's a good thing though, as I'm pretty sure a huge number of people actually learned about money, investing, and information security by learning about the crypto markets.

pey

sr. member

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Free Crypto in Stake.com Telegram t.me/StakeCasino

Most coins except Bitcoin are dependent on their teams so when those people will move on to other things or the business will fail, the coin will worth nothing, though they don't already worth nothing. Some like Ethereum is able to survive in the very long term.

Beerwizzard

full member

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This is some kind of greed that drives people. Some people saw how BTC grew from almost nothing to $5.5k and they want to believe that with a help of this breakthrough technology he will become rich with their $1 of their pocket money investments. But it is pretty obvious that BTC won't make a fast x100+ so they are searching for something, that would become a new super global currency that is still able to bring them huge profits.

BrewMaster

legendary

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There is trouble abrewing

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

Baofeng

legendary

Activity: 2576

Merit: 1655

Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying.

Topic: Stop chasing the "next" bitcoin - page 10. (Read 1407 times)