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Booom cryptoland is crashing!

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nomad999

Entrepreneur
I know, I couldn’t help but to join the fun for a peak again. It’s been a mental day again for game.

do you think this could be round 2?
it was definitely a good bet below 50, right now investing in this is pure suicide lol smi(&%

still the short squeeze is theoretically possible and this could skyrocket above 1k, unless they were to stop the buying pressure like last time ...

Really hard to explain this to old people that don't understand it, yet they think they are financial geniuses.
Most of them regret they didn't put money on it and they think they lost the train.
Remember that story about a wolf and grapes?
so true, they also don't see that the world of today his nothing like what it was 40y ago, what work before won't necessary work today ...
but hey, when you are a boomer spoil brat already set for life who had it extremely easy during a period of absolute economic boom, you are unlikely to even try to understand ...

this is not the next dot com bubble, this the biggest wealth transfer in the history of humanity.
 

Chappers147

New member
it was definitely a good bet below 50, right now investing in this is pure suicide lol smi(&%

still the short squeeze is theoretically possible and this could skyrocket above 1k, unless they were to stop the buying pressure like last time ...


so true, they also don't see that the world of today his nothing like what it was 40y ago, what work before won't necessary work today ...
but hey, when you are a boomer spoil brat already set for life who had it extremely easy during a period of absolute economic boom, you are unlikely to even try to understand ...

this is not the next dot com bubble, this the biggest wealth transfer in the history of humanity.
I love abit of investment suicide. Like you said I think there is a short squeeze left in this, it’s just when it might happen.
 

nomad999

Entrepreneur
I love abit of investment suicide. Like you said I think there is a short squeeze left in this, it’s just when it might happen.
I read some guy turned 65$ into 12k playing with $gme options the past few weeks, fortune favors the bold as they say rof/%
 

Chappers147

New member
Is crypto crashing? Probably good to get back on topic with what’s been happening over the weekend.
Some seriously red crypto currencies atm!
 

nomad999

Entrepreneur
likely the bottom is in, the miners have stopped selling like mad it seems.
we will see what the markets does today when they open but given the free money that will be distributed in the US in the coming weeks, I think its fair to assume every hedge funds and their mothers will get back to full risk on 100x leverage yolo let's go to 1 trillion mode rof/%

now guess where bitcoin and crypto are going in this healthy environment smi(&%
 

wmaeser

New member
Crypto investing has been very good to me these past 12 months. I don't see a crash at all, only some profit-taking the past two weeks. Compare your ROI from any money invested just 6 months ago. My main crypto investment went from $5 in DEC 2020 to $34 today.
 
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