Getting paranoid about crypto, traded almost everything for a pile of gold and silver. Is it all going to fall apart or go to the moon? Have my paper hands betrayed me? I feel like eating crayons and buying GME, nothing makes sense out there. Except I know it has to crash eventually, right? - The Great Awakening

Getting paranoid about crypto, traded almost everything for a pile of gold and silver. Is it all going to fall apart or go to the moon? Have my paper hands betrayed me? I feel like eating crayons and buying GME, nothing makes sense out there. Except I know it has to crash eventually, right? (media.greatawakening.win)

posted 3 years ago by jager 3 years ago by jager +76 / -1

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– dabdaddy 0 points 3 years ago +4 / -4

this doesn't belong here but ill bite

"cryptos" are just cheap imitations or scams. Any useful idea brought forth by a crypto project can be built on the bitcoin network. people like to say "bitcoin is myspace, insert-favorite-shitcoin-here is facebook". This demonstrates a fundamental lack of understanding. Bitcoin isn't a product like myspace. Bitcoin is a protocol, like TCP/IP that layers are built on top of.

They're all distractions to take your bitcoin and at the end you're holding their bags of shit. Don't believe me?

Pull up a chart. Your shitcoins look high lately right? Now instead of dollars compare it to BTC. (i.e. if you're looking at ETHUSD, pull up ETHBTC). Make sure you're looking at an exchange with some REAL price history.

You'll see your shit that's mooning has steadily been losing value when compared to bitcoin, not dollars which we all know are worthless.

You can also do this same comparison with your investment asset of choice, in the end BTC wins.

free resources to check it out for yourself: tradingview.com satflo.com

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– Tyler477 0 points 3 years ago +1 / -1

Not all of them, but yes most. You have to time it right

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– dabdaddy 0 points 3 years ago +2 / -2

Yes, all of them.

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