I've been interested in getting crypto (specifically Monero for its anonymity) as a safe haven against kikes inflating and manipulating fiat. However, comparing the current trend to 2017's, it seems like we are near the peak, and it would go down again.
I'm currently quite hesitant to pull the trigger as I severely lack enough knowledge to make an informed decision. Anyone with experience/expertise willing to share their wisdom with me?
Don't confuse investing with gambling. Are you tech savvy enough to value Monero over other cryptos? Is it a hunch or do you have data to back up your claim? Don't gamble more than you can afford to lose. I have no special investing insight. So I stick to no load index mutual funds. My real estate is an inflationary hedge. Make a budget. Pay off debt, Invest (with data) as much as you can. God bless.
Crypto is pretty close to gambling. Most tokens and coins are straight up pyramid scams, most if not all are a little bit pyramid scams. Of the hundreds of projects only a few provide an actual service. Only invest as much money as you are ok with loosing.
the people trying to push it to you now are trying to offload the valueless digital monopoly money they got scammed into buying by the previous round of victims who got done by the originators of the scam, who got the fuck out a long time ago with all of the actual cash that once existed. All the actual real money, is gone. Someone is yukking it up on a sunny beach somewhere sipping pina colada laughing their ass off at just how many retards they dazzled with 'hurr muh blockchains' which to this day no one can actually explain why the fucking thing is the thing of the future.... and why you hear a whole fuckload of other non finance industries talking about how muhblockchainz makes their thing more secure too.
it was a scam from day 1. its no different than trying to sell shares in a company by splitting them further and further but pretending the value of them is going up not because of the work the company is doing... etc, producing more product cheaper, making more profit but simply because someone said so. there is no product or work or tangible thing to have any value to go up or down and therefore make you a pauper or a prince. Its valueless. Its no different than buying 10 different 'special editions' of monopoly, a whole bunch of different types of money, and shitloads of it.... but valued simply and strictly by the rules of the game, and fucking useless unless you find someone retarded enough to trade you real money for that play money.
plus... have fun 'liquidating' that digital assent when the lights go out.
muh privaseas
yeah already been proven repeatedly you can absolutely obtain the details of people involved in transactions by the PUBLICALLY AVAILABLE ledger. Its as 'private' as fucking retards will tell you paypal is. No, its not private either, the person getting your details gets all your details like anyone else you send your bank details to.
I agree with thebearfromstartrack. either put what you have into BTC and just wait or dollar cost average weekly/monthly.
What I always tell people, and with some certainty, is that BTC will either be worth a lot in 20 years, or nothing. If you believe that then you should have "something" in BTC. Even if you only think there is a 1% chance that BTC will survive (I think it is substantially higher) it would be worth putting $100 in for the chance of that being $10,000 or whatever, down the road.
I already made %20 back what I put in, about to dump another lump I wouldn't mind losing I'd rather lose out on a few k and say oh well it would have been idle in savings anyways
[ + ] account deleted by user
[ - ] account deleted by user 1 point 4.1 yearsMay 14, 2021 05:14:36 ago (+1/-0)*
[ + ] TOVA
[ - ] TOVA 0 points 4.1 yearsMay 14, 2021 05:16:25 ago (+0/-0)
[ + ] germ22
[ - ] germ22 2 points 4.1 yearsMay 14, 2021 05:19:06 ago (+2/-0)
Most tokens and coins are straight up pyramid scams, most if not all are a little bit pyramid scams.
Of the hundreds of projects only a few provide an actual service.
Only invest as much money as you are ok with loosing.
[ + ] Yargiyankooli
[ - ] Yargiyankooli 0 points 4.1 yearsMay 14, 2021 08:56:35 ago (+0/-0)
[ + ] i_scream_trucks
[ - ] i_scream_trucks 2 points 4.1 yearsMay 14, 2021 10:04:45 ago (+2/-0)*
that is what crypto is.
the people trying to push it to you now are trying to offload the valueless digital monopoly money they got scammed into buying by the previous round of victims who got done by the originators of the scam, who got the fuck out a long time ago with all of the actual cash that once existed. All the actual real money, is gone. Someone is yukking it up on a sunny beach somewhere sipping pina colada laughing their ass off at just how many retards they dazzled with 'hurr muh blockchains' which to this day no one can actually explain why the fucking thing is the thing of the future.... and why you hear a whole fuckload of other non finance industries talking about how muhblockchainz makes their thing more secure too.
it was a scam from day 1. its no different than trying to sell shares in a company by splitting them further and further but pretending the value of them is going up not because of the work the company is doing... etc, producing more product cheaper, making more profit but simply because someone said so. there is no product or work or tangible thing to have any value to go up or down and therefore make you a pauper or a prince. Its valueless. Its no different than buying 10 different 'special editions' of monopoly, a whole bunch of different types of money, and shitloads of it.... but valued simply and strictly by the rules of the game, and fucking useless unless you find someone retarded enough to trade you real money for that play money.
plus... have fun 'liquidating' that digital assent when the lights go out.
yeah already been proven repeatedly you can absolutely obtain the details of people involved in transactions by the PUBLICALLY AVAILABLE ledger. Its as 'private' as fucking retards will tell you paypal is. No, its not private either, the person getting your details gets all your details like anyone else you send your bank details to.
[ + ] germ22
[ - ] germ22 0 points 4.1 yearsMay 14, 2021 17:46:29 ago (+0/-0)
[ + ] veo
[ - ] veo 0 points 4.1 yearsMay 14, 2021 22:53:10 ago (+0/-0)
[ + ] MichaelStewart
[ - ] MichaelStewart 0 points 3.7 yearsOct 10, 2021 15:20:50 ago (+0/-0)
Crypto is way worse than Enron or Madoff ever were.
[ + ] fightknightHERO
[ - ] fightknightHERO 2 points 4.1 yearsMay 14, 2021 05:36:30 ago (+2/-0)
then again, nothing beats gold... and bullets.
[ + ] MichaelStewart
[ - ] MichaelStewart 0 points 3.7 yearsOct 10, 2021 15:18:20 ago (+0/-0)
[ + ] sculptor_and_statue
[ - ] sculptor_and_statue 0 points 4.1 yearsMay 14, 2021 09:35:49 ago (+0/-0)
[ + ] GoldenAgeWhen
[ - ] GoldenAgeWhen 3 points 4.1 yearsMay 14, 2021 09:44:59 ago (+3/-0)
What I always tell people, and with some certainty, is that BTC will either be worth a lot in 20 years, or nothing. If you believe that then you should have "something" in BTC. Even if you only think there is a 1% chance that BTC will survive (I think it is substantially higher) it would be worth putting $100 in for the chance of that being $10,000 or whatever, down the road.
[ + ] i_scream_trucks
[ - ] i_scream_trucks 0 points 4.1 yearsMay 14, 2021 09:59:50 ago (+0/-0)
dont.
[ + ] account deleted by user
[ - ] account deleted by user 1 point 4.1 yearsMay 14, 2021 12:00:44 ago (+1/-0)
[ + ] AnonymousLex
[ - ] AnonymousLex 0 points 4.1 yearsMay 14, 2021 12:13:11 ago (+0/-0)
I'd rather lose out on a few k and say oh well it would have been idle in savings anyways
[ + ] underpants
[ - ] underpants 0 points 4.1 yearsMay 14, 2021 12:48:37 ago (+0/-0)