Crypto disco

[sarpa_raju_katre]

Afdb rajas

Market down undu buy the dip dip it in sauce antunaru mana nipunulu

Em coins koni fast ga sell chesi money make cheskochu short term vi 

And long term gamble chesey coins eth btc kakunda inka meeru chesevi sepandi plzzz doras

 

[sarpa_raju_katre]

Bump

[CherryGaru]

Once there was only Bitcoin, so, there was a craze to own it.

Now there are millions of coins and there is no fundamental value to hold any coin. All the money is diluted across various cryptos. With interest rates rising, the available money supply will be less, so it will fall further.

China banned, Russia is thinking of banning, India has discouraged owning it. So, the supply of money is slowly shrinking.

It is useless investment, until next hype... Even Elon musk tweeting Doge coin for last 6 months also is not helping Doge. 

Everyone who wants to own already owns.

 

[nokia123]

45 minutes ago, CherryGaru said:

Once there was only Bitcoin, so, there was a craze to own it.

Now there are millions of coins and there is no fundamental value to hold any coin. All the money is diluted across various cryptos. With interest rates rising, the available money supply will be less, so it will fall further.

China banned, Russia is thinking of banning, India has discouraged owning it. So, the supply of money is slowly shrinking.

It is useless investment, until next hype... Even Elon musk tweeting Doge coin for last 6 months also is not helping Doge. 

Everyone who wants to own already owns.

 

ppl around me invested 100K- 500K each on various cryptos with a feeling that it will be the next big thing

[sarpa_raju_katre]

2 hours ago, CherryGaru said:

Once there was only Bitcoin, so, there was a craze to own it.

Now there are millions of coins and there is no fundamental value to hold any coin. All the money is diluted across various cryptos. With interest rates rising, the available money supply will be less, so it will fall further.

China banned, Russia is thinking of banning, India has discouraged owning it. So, the supply of money is slowly shrinking.

It is useless investment, until next hype... Even Elon musk tweeting Doge coin for last 6 months also is not helping Doge. 

Everyone who wants to own already owns.

 

Other side of coin ah baaaa

[hyperbole]

Problem with crypto is handful individuals control 90% of the value - if they pull the rug you will be bag holding until someone comes along if you are lucky otherwise a wasted investment.  Sadly it is a Ponzi scheme. They pumped saying that it is not like stocks etc and can hedge market conditions like inflation, but it is turned more into a stock than a currency.

 

 

[CherryGaru]

13 hours ago, hyperbole said:

Problem with crypto is handful individuals control 90% of the value - if they pull the rug you will be bag holding until someone comes along if you are lucky otherwise a wasted investment.  Sadly it is a Ponzi scheme. They pumped saying that it is not like stocks etc and can hedge market conditions like inflation, but it is turned more into a stock than a currency.

 

 

It is not even stock.. Depending on the stock, there is value for a company.

But for bitcoin, I don't see any value.

[idibezwada]

16 hours ago, nokia123 said:

ppl around me invested 100K- 500K each on various cryptos with a feeling that it will be the next big thing

feeling is free man..you can feel whatever you want...i just felt I will be the next steve jobs

[DesiPokiri]

25 minutes ago, idibezwada said:

feeling is free man..you can feel whatever you want...i just felt I will be the next steve jobs

No. Many became doge millionaires with that concept 

[idibezwada]

5 minutes ago, DesiPokiri said:

No. Many became doge millionaires with that concept 

Becoming millionaire is different from staying millionaire. You can become a millionaire hitting a casino but will you stay millionaire if you continue hitting...that's the question

[DesiPokiri]

1 minute ago, idibezwada said:

Becoming millionaire is different from staying millionaire. You can become a millionaire hitting a casino but will you stay millionaire if you continue hitting...that's the question

Nothing wrong in dropping a couple of thousand dollars if you are already a millionaire. Millionaires always invest and reinvest only their profits from past investments and not the whole sum. People who fear stay feared all their lives 

[idibezwada]

On 1/28/2022 at 3:43 PM, DesiPokiri said:

Nothing wrong in dropping a couple of thousand dollars if you are already a millionaire. Millionaires always invest and reinvest only their profits from past investments and not the whole sum. People who fear stay feared all their lives 

If that's the case all casinos would have gone bankrupt by now

[DesiPokiri]

30 minutes ago, idibezwada said:

If that's the case all casinos would have gone bankrupt by now

There is nothing wrong in dropping a couple of thousands dollars. Better to lose a some rather to brood over the success of your peers