Jun 21, 2022 6:42 PM
Ultraruben
104683
1090
41
spontaneous9
Wait. Isn't that Superman's dog?
nowinsituation
never understood it, thought it was b.s., and it is...but I do not begrudge those who played and won.
Ricdesan
But hey PMs right now are way cheap so you can now winwin!!!!
suckstoyourauntie
Still wonder when Graphene is going to take off...
bondematt
But crypto is up $4K since the crash! Ope down now, wait UP! Ah back down again.
phydaux4242
Or NFTs
WithoutEternalVigilanceItCouldHappenHere
...knowing I got out of crypto before losing any money.
SmokyDoggg
Yeah I made 1500 in doge coin and got nervous and dipped out last year
I worked with someone who bought Doge Coin cuz he owns a Shibu, made $300k, acted like he was being paid to market it. Don't know if he sold
Centroid
I’ve made all sorts of poor financial choices but boyo that was not one of them.
trekxtrider
Cashed out when it was 60k, best move I have ever made.
Noodlesocks
I still kick myself for not getting into bitcoin when it was worth pennies but that's hindsight for you.
subrosaflorens
Maybe now graphics cards will get cheaper. (I know, wishful thinking).
CommentBot3000
Prices are already plummeting, a lot of farms are no longer buying and are instead trying to recoup losses by selling off their equipment.
Perfextion1620
Not wishful thinking go check prices. Most are back at msrp and a lot will go under msrp in the next 6 months with the new series launch
UrbanNorthern
A few years back I threw in $20. It's now worth $10 :(
ConcernedLiberal
I threw 4000$, they're now worth 40k
40185
I never invested in crypto but all these posts mocking it are ridiculous. My stocks are bombing too. And there’s plenty of people like you
Or even better than you’ve done. And what you’ve made is phenomenal
Astral134
I got a private message today on Discord telling me won 11.5000$ of some crypto nonsense (just have to join their site to collect!)
B*, I didn't even know your company existed until today, and I already forgot the name of it...
Jewdakris
My former friends did the fantasy football pool in Luna, needless to say the winners no longer have winnings.
AnythingMuchShorter
I know! In July 2015 I bought 100 at $300 and it dropped to $215. I was so mad I didn't even sell and haven't even looked at the price since
Those scammers aren't going to draw me in again! It's probably worth so little now the money from selling it would be an insult.
salligheri24
Hey man, I'd be happy to ease your mind and take them off your hands. I'll even pay twice what you did for them!
Bonals
This image was my first most viral in 2014 but the tag was about not having kids.
poolshark333
… but wait! BTC is up 4% today… seriously, my grandfather instilled: don’t invest in anything you don’t understand… Crypto=pyramid scheme
Superhereaux
I see the irony is lost on you.
rshini
he's not wrong, Crypto and NTFs are pretty much pyramid schemes.
BlindGardener
@BotDrawA Bitcoin investment going down
RummageSaleBubbler
@BotDrawA Bitcoins on fire and melting in pool of red
BotDrawA
@RummageSaleBubbler Here's your drawing of a "Bitcoins on fire and melting in pool of red"
@BlindGardener Here's your drawing of a "Bitcoin investment going down"
TheCrusher78
I invested in crypto and I'm winning. Sorry to break it yo you but crypto is the way of the future
BleakMill
How so?
You can invest in stable coins like usdc and get a really good interest rate. Alot of time and research too. Can't be dumb or you'll loose
It's like the stock market but really fast. There is also yield farming etc. Interest crypto accounts that's better then banks
How are the yields generated?
This isn't something I can explain in 140 chars. Do some youtubing on crypto yield farming and interest accounts
The yields come from people buying in later than you at a higher price and you selling it to them for more than you paid.. Sound accurate?
BatmansUnderPantsAreSoSoft
I mined zclassic for like, a month. Forgot about it. Had kind 20 something coins. Couple years later that huge increase happened and I was
Like oh cool, I can get a few bucks. Checked the price, cashed out like 3K
ATerribleArtist
What investments are paying off at the moment? 6 months into a bear market and on the eve of a recession?
TheMadOnion
Srsly, people acting like the stock market's doing amazing. Crypto market will be fine. People need to just accept it's here to stay.
bingotown
Buy the low stuff and sell the high stuff. That works out well.
404GravitassNotFound
Gold has done well over 10 years.
FragileDonkey
Sounds risky. I'm all in!! Wrap it up bois.. we're done here.
/WSB life
TheThirstyOne
most commodities
jmeyers1983
Real estate.
korgothburns31415
Just wait...
Homosexualsaregay
Yeah that's not a good idea right now. Property prices are ATH and interest rates are rising. You'll lose at least 10-15% in a short period
Hold my teething ring as I continue to average into non leveraged dividend etfs with low expense ratios and some discounted growth etfs
Pizza0Style0Burrito
Lithium and non China rare earth miners. Or just horde physical metals by buying a solar power system. Generate crypto with excess power
I want to put a windmill on my land but don't really know where to start with it. It's too cloudy where I am for solar
I, too, am hunting a hybrid system. Alibaba sells them with regulators. Vertical turbines are good for gusty conditions (city, trees, etc)
They should last 20 years and pay for themselves in 7 with good wind. Some local gov have a handbook for example
https://www.planning.nsw.gov.au/Policy-and-Legislation/Renewable-Energy/Wind-Energy-Framework
I also still highly regret not buying bitcoin way back when. I even thought about but was poor and thought it was waste. Damn you past me
IAmLookingForSomeoneToShareInAnAdventure
My friend, let us be honest. If you had bought bitcoin at $1, you would have sold at $1.45, not at $50,000
Nah I’d have let it get higher than that, but I definitely woulda sold well before even $1k unless I forgot about it.
Probably like $15
thefrompleman
here I'll make you feel better, I have spent thousands of btc on cannabis, some weeks I remember spending 30-40btc when it was just a few $
luckily all those early dark web sites are down now, so I can't see exactly how rich I'd be, but... its not hard to imagine ;-;
[deleted]
BlackHatInc
Let's just hope that your 401k ( or your RRSP's) didn't have their fingers in any of those pies.
Apollymkatistrafia
That'd involve me first having a 401k. This is the first job I've wanted to have one, haven't set it up yet. Good place to be's hard to find
Sensiblyinteresting
My 401k is mysteriously down 20% over the last 4 months after being up over the last few years.
401K's are hurting too, even without crypto woes
NotJackieDaytona
Jokes on you I don't have a 401k at all *finger guns*
mwoodman
The difference, I hope, is my 401K invested in companies that don’t really upon Greater Fool theory to make a profit. I hope.
bulgarianBarbarian
True but 401ks recover. See: 2008. Boomers that didn’t panic sell are doing pretty well right now.
MtrlScientist
Check what happened to equities & bonds in '70s (last stagflation)
IHateApostrophes
The market recovered. Like it always does and like it has for the past century.
Incognitohanzo
Know a guy who cashed out their 401k and dumped it all into bitcoin when it first hit $30k. Said it was the smartest thing he has ever done.
Chouilste
Talk to him in a few years…
Brokecattlefarmer
Does he have to wear a helmet all the time?
Did he get out? My job included setting up self-directed trading accounts. 80% of investors lost money.
PirateRubberDuck
Pensions are all going to fail anyway. Particularly in the US as they think the needed measures are unthinkable.
Mostly because it involves doing nice things for women and young people.
NoTeEnchiles
Baby boomers was the last generation to get them.
cops
darsfog
State of Illinois workers. The majority of Illinois money problems is due to mishandling the state pensions.
I honestly don't get these anti crypto posts, can someone explain this sentiment to me?
UnremarkablyInteresting
I see it as people are mad cause they didn't risk it and other people made money gambling on crypto. I'm not into crypto myself >
I mean Bitcoin went from $1 to $70k in like 10 years. I wish I got onboard.
People have short memories and forget this has happened multiple times before, like in early 2018. They think crypto is in its death throes.
Crypto is crashing, just like the stock market, so people who didn’t invest feel great. I haven’t invested but I’m also not going to pretend
*haven’t invested in crypto
Crypto has huge swings. Btc will be back to to 50k in no time. I've been though a few of these cycles
Stocks are some safe bet. I debated buying bitcoin when it first came out but was too poor. Goddamn you past self.
All of crypto (including NFTs) is a Ponzi scheme and, in general, people seem to be waking up to that fact.
Is this an opinion you hold based on your understanding of the crypto marketand blockchain tech or are you reciting someone else's opinion?
This is not just an opinion based on my knowledge of how a Ponzi scheme works and how money is made with crypto, but an indisputable fact.
DuffySmalls
Why is crypto valuable? If it’s value is attributed to purely speculating it’s own value and not for offering or creating something it’s sus
Sure people view stocks as gambling and some process has been allowed that reinforces that, but stocks are still initially about raising
Funds so a company can do something to generate profit, a lot of the legit value comes from that “work” using the funds. Crypto doesn’t have
spontaneous9
Wait. Isn't that Superman's dog?
nowinsituation
never understood it, thought it was b.s., and it is...but I do not begrudge those who played and won.
Ricdesan
But hey PMs right now are way cheap so you can now winwin!!!!
suckstoyourauntie
Still wonder when Graphene is going to take off...
bondematt
But crypto is up $4K since the crash! Ope down now, wait UP! Ah back down again.
phydaux4242
Or NFTs
WithoutEternalVigilanceItCouldHappenHere
...knowing I got out of crypto before losing any money.
SmokyDoggg
Yeah I made 1500 in doge coin and got nervous and dipped out last year
suckstoyourauntie
I worked with someone who bought Doge Coin cuz he owns a Shibu, made $300k, acted like he was being paid to market it. Don't know if he sold
Centroid
I’ve made all sorts of poor financial choices but boyo that was not one of them.
trekxtrider
Cashed out when it was 60k, best move I have ever made.
Noodlesocks
I still kick myself for not getting into bitcoin when it was worth pennies but that's hindsight for you.
subrosaflorens
Maybe now graphics cards will get cheaper. (I know, wishful thinking).
CommentBot3000
Prices are already plummeting, a lot of farms are no longer buying and are instead trying to recoup losses by selling off their equipment.
Perfextion1620
Not wishful thinking go check prices. Most are back at msrp and a lot will go under msrp in the next 6 months with the new series launch
UrbanNorthern
A few years back I threw in $20. It's now worth $10 :(
ConcernedLiberal
I threw 4000$, they're now worth 40k
40185
I never invested in crypto but all these posts mocking it are ridiculous. My stocks are bombing too. And there’s plenty of people like you
40185
Or even better than you’ve done. And what you’ve made is phenomenal
Astral134
I got a private message today on Discord telling me won 11.5000$ of some crypto nonsense (just have to join their site to collect!)
Astral134
B*, I didn't even know your company existed until today, and I already forgot the name of it...
Jewdakris
My former friends did the fantasy football pool in Luna, needless to say the winners no longer have winnings.
AnythingMuchShorter
I know! In July 2015 I bought 100 at $300 and it dropped to $215. I was so mad I didn't even sell and haven't even looked at the price since
AnythingMuchShorter
Those scammers aren't going to draw me in again! It's probably worth so little now the money from selling it would be an insult.
salligheri24
Hey man, I'd be happy to ease your mind and take them off your hands. I'll even pay twice what you did for them!
Bonals
This image was my first most viral in 2014 but the tag was about not having kids.
poolshark333
… but wait! BTC is up 4% today… seriously, my grandfather instilled: don’t invest in anything you don’t understand… Crypto=pyramid scheme
Superhereaux
I see the irony is lost on you.
rshini
he's not wrong, Crypto and NTFs are pretty much pyramid schemes.
BlindGardener
@BotDrawA Bitcoin investment going down
RummageSaleBubbler
@BotDrawA Bitcoins on fire and melting in pool of red
BotDrawA
@RummageSaleBubbler Here's your drawing of a "Bitcoins on fire and melting in pool of red"
BotDrawA
@BlindGardener Here's your drawing of a "Bitcoin investment going down"
TheCrusher78
I invested in crypto and I'm winning. Sorry to break it yo you but crypto is the way of the future
BleakMill
How so?
TheCrusher78
You can invest in stable coins like usdc and get a really good interest rate. Alot of time and research too. Can't be dumb or you'll loose
TheCrusher78
It's like the stock market but really fast. There is also yield farming etc. Interest crypto accounts that's better then banks
BleakMill
How are the yields generated?
TheCrusher78
This isn't something I can explain in 140 chars. Do some youtubing on crypto yield farming and interest accounts
BleakMill
The yields come from people buying in later than you at a higher price and you selling it to them for more than you paid.. Sound accurate?
BatmansUnderPantsAreSoSoft
I mined zclassic for like, a month. Forgot about it. Had kind 20 something coins. Couple years later that huge increase happened and I was
BatmansUnderPantsAreSoSoft
Like oh cool, I can get a few bucks. Checked the price, cashed out like 3K
ATerribleArtist
What investments are paying off at the moment? 6 months into a bear market and on the eve of a recession?
TheMadOnion
Srsly, people acting like the stock market's doing amazing. Crypto market will be fine. People need to just accept it's here to stay.
bingotown
Buy the low stuff and sell the high stuff. That works out well.
404GravitassNotFound
Gold has done well over 10 years.
FragileDonkey
Sounds risky. I'm all in!! Wrap it up bois.. we're done here.
ATerribleArtist
/WSB life
TheThirstyOne
most commodities
jmeyers1983
Real estate.
korgothburns31415
Just wait...
Homosexualsaregay
Yeah that's not a good idea right now. Property prices are ATH and interest rates are rising. You'll lose at least 10-15% in a short period
Perfextion1620
Hold my teething ring as I continue to average into non leveraged dividend etfs with low expense ratios and some discounted growth etfs
Pizza0Style0Burrito
Lithium and non China rare earth miners. Or just horde physical metals by buying a solar power system. Generate crypto with excess power
ATerribleArtist
I want to put a windmill on my land but don't really know where to start with it. It's too cloudy where I am for solar
Pizza0Style0Burrito
I, too, am hunting a hybrid system. Alibaba sells them with regulators. Vertical turbines are good for gusty conditions (city, trees, etc)
Pizza0Style0Burrito
They should last 20 years and pay for themselves in 7 with good wind. Some local gov have a handbook for example
Pizza0Style0Burrito
https://www.planning.nsw.gov.au/Policy-and-Legislation/Renewable-Energy/Wind-Energy-Framework
40185
I also still highly regret not buying bitcoin way back when. I even thought about but was poor and thought it was waste. Damn you past me
IAmLookingForSomeoneToShareInAnAdventure
My friend, let us be honest. If you had bought bitcoin at $1, you would have sold at $1.45, not at $50,000
40185
Nah I’d have let it get higher than that, but I definitely woulda sold well before even $1k unless I forgot about it.
40185
Probably like $15
thefrompleman
here I'll make you feel better, I have spent thousands of btc on cannabis, some weeks I remember spending 30-40btc when it was just a few $
thefrompleman
luckily all those early dark web sites are down now, so I can't see exactly how rich I'd be, but... its not hard to imagine ;-;
[deleted]
[deleted]
BlackHatInc
Let's just hope that your 401k ( or your RRSP's) didn't have their fingers in any of those pies.
Apollymkatistrafia
That'd involve me first having a 401k. This is the first job I've wanted to have one, haven't set it up yet. Good place to be's hard to find
Sensiblyinteresting
My 401k is mysteriously down 20% over the last 4 months after being up over the last few years.
ATerribleArtist
401K's are hurting too, even without crypto woes
NotJackieDaytona
Jokes on you I don't have a 401k at all *finger guns*
mwoodman
The difference, I hope, is my 401K invested in companies that don’t really upon Greater Fool theory to make a profit. I hope.
bulgarianBarbarian
True but 401ks recover. See: 2008. Boomers that didn’t panic sell are doing pretty well right now.
MtrlScientist
Check what happened to equities & bonds in '70s (last stagflation)
[deleted]
[deleted]
IHateApostrophes
The market recovered. Like it always does and like it has for the past century.
Incognitohanzo
Know a guy who cashed out their 401k and dumped it all into bitcoin when it first hit $30k. Said it was the smartest thing he has ever done.
Chouilste
Talk to him in a few years…
Brokecattlefarmer
Does he have to wear a helmet all the time?
suckstoyourauntie
Did he get out? My job included setting up self-directed trading accounts. 80% of investors lost money.
PirateRubberDuck
Pensions are all going to fail anyway. Particularly in the US as they think the needed measures are unthinkable.
PirateRubberDuck
Mostly because it involves doing nice things for women and young people.
[deleted]
[deleted]
NoTeEnchiles
Baby boomers was the last generation to get them.
rshini
cops
darsfog
State of Illinois workers. The majority of Illinois money problems is due to mishandling the state pensions.
ConcernedLiberal
I honestly don't get these anti crypto posts, can someone explain this sentiment to me?
UnremarkablyInteresting
I see it as people are mad cause they didn't risk it and other people made money gambling on crypto. I'm not into crypto myself >
UnremarkablyInteresting
I mean Bitcoin went from $1 to $70k in like 10 years. I wish I got onboard.
korgothburns31415
People have short memories and forget this has happened multiple times before, like in early 2018. They think crypto is in its death throes.
40185
Crypto is crashing, just like the stock market, so people who didn’t invest feel great. I haven’t invested but I’m also not going to pretend
40185
*haven’t invested in crypto
TheCrusher78
Crypto has huge swings. Btc will be back to to 50k in no time. I've been though a few of these cycles
40185
Stocks are some safe bet. I debated buying bitcoin when it first came out but was too poor. Goddamn you past self.
BleakMill
All of crypto (including NFTs) is a Ponzi scheme and, in general, people seem to be waking up to that fact.
ConcernedLiberal
Is this an opinion you hold based on your understanding of the crypto marketand blockchain tech or are you reciting someone else's opinion?
BleakMill
This is not just an opinion based on my knowledge of how a Ponzi scheme works and how money is made with crypto, but an indisputable fact.
ConcernedLiberal
BleakMill
DuffySmalls
Why is crypto valuable? If it’s value is attributed to purely speculating it’s own value and not for offering or creating something it’s sus
DuffySmalls
Sure people view stocks as gambling and some process has been allowed that reinforces that, but stocks are still initially about raising
DuffySmalls
Funds so a company can do something to generate profit, a lot of the legit value comes from that “work” using the funds. Crypto doesn’t have