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Thecloudsurfer91 5 points ago +5 / -0

Man, I wonder what you’d say about regular stocks then. At some point it’s always just a pyramid scheme. Bitcoin has outperformed stock market gains every year and this dip is only temporary. Quit dooming!

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BasedInFact [S] -2 points ago +1 / -3

Do you even know what the value of equity is based on? (hint: it can be clearly articulated in one sentence)

Or what happens when asset prices get too far from their underlying value? (hint: it happens every. single. time.)

Neither is a secret. Being ignorant of these, and plowing your hard-earned assets into money-for-nothing schemes… is just insane.

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sillBag 1 point ago +1 / -0

Do you even know how bitcoin and crypto market cycles work?

Do you realize when you say "plowing your hard-earned assets into money-for-nothing schemes" with no evidence or actual reasons for your claim makes you look like an asshat?

Especially since... every single person that I know who has got into Bitcoin has come out WAY AHEAD... Yes they lost some money on a few failed projects or scams... but they made 10x...100x...1000x on many others.

Turning $800 into $300,000 in 2017 bull cycle, and then $100,000 into $2M+ in 2020 bull cycle... and that is just me personally.

Every single person I know who was involved in those same cycles, has similar results in terms of percentage of gain.