Suicide Weekend vibes from LUNA crash aftermath (LUNA was a Top10 crypto coin 2 days ago)
(media.greatawakening.win)
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Don't invest what you cant afford to lose. Why gamble with "everything". People are learning some very hard lessons. They are very volatile, that's why there is such high reward. And clearly those markets are very manipulated now also, probably with criminal assets.
The whole problem is, it’s not “investing.”
And even gambling would be preferable to this.
This crypto crap is the world’s biggest scam, baiting the easy prey that is the huge mass of people who want money-for-nothing, don’t know history, and ignore logic.
The money (the real-asset product of people’s labor and creation) that got plowed into this scheme didn’t just evaporate. It was “reappropriated”.
This is the laughably-predictable end to every last uncollateralized “cryptocurrency”.
"Investing", shouldn't be more than "investing" in metals. See if metals where just as popular as crypto (which it should be logically) they would have manipulated those markets just as much, making it look worse than gambling. It's all by design to scare you back to Bidet bucks.
Don't blame the asset for globalist market manipulation, that's how you let them win.
Ok then. 🤪🤣🤣🤣
To anyone sane, please recognize here how both greed and desperation dangerously lead people to taking complete leave of their capability for rational judgement.
To everyone else, good luck taking down the Synagogue of Satan by dumping your wealth into ridiculous internet tokens. 👍
The same evil pricks are behind crypto…
Hold on a second here....
These two women were so mad that the best course of action that they could think of was to shit into their OWN HANDS and then throw it at one another? Mind blowing
Crypto is a psyop to both exfiltrate wealth from the middle class and to ease us into digital currency. It goes hand in hand with smart phone pay apps.
Personally I wouldnt touch any crypto with a 100 foot pole. Physical metals is where you should place you extra money. The same amount of gold used to buy a loaf of bread in 1850 will buy a loaf of bread now. That is value.
“Spread” just means the lower price is bs. The actual price is higher. So what?
The paper price is fake,we knew this spread would get larger and larger last year. Dealers are now buying back for more than the spot price.
We're pretty sure,miners are selling off the comex for over spot,to banks that need the metal to settle contract,they don't want to settle with comex metal as that would push up the price.
Most of the big dealers will have the buy back price listed somewere.. they have to pay over spot when they buy it it from the mints. If I didn't already have 1600 plus oz,I would be backing up the truck right now.
Has anyone heard of a stop loss ?
On certain centralized exchanges (*cough* Coinbase), stop losses are prone to fail when needed the most. In this case it might not have been enough with a stop loss. Question is, where are the people behind Luna right now, is the network operational, did exchanges delist it and so on. There's a few factors to consider. Tho looking at the charts it seems like a typical exit scam, like Beconnnnnect
That is the smart approach.
Well, who could have known that it was possible for the value of an asset to decrease?!
Doesn't matter how much you diversify. if this was even 10% of someone's portfolio it would still hurt, it went from $90 to less than a cent in just a couple days.
Losing 10% isn't "everything" though. There have been major warning signs in all markets for weeks now. Be ok with losing what is in them if you are going to try and stick it out. If you only lost 10% that would give you a chance to back off the markets when you realize shit is unstable. Have some hard assets, and other assets that are extremely speculative that you can survive without if they implode.
I see traders all the time who blow up their whole accounts within minutes, they decide to short low cost high momentum stocks which then get short-sqeezed to oblivion. But they know it's high-risk high reward.
My sense (and hope) was that the suicides were of certain globohomos and their puppets.
...top 4 actually....
Money is replaceable. You are not. I know it’s rough but hold on.
Wasn't the cause LUNA's stablecoin going bust, dragging the whole ecosystem down with it? Gives me bad vibes about the rest of the market, thanks to Tether's iffy backing.
Crypto is always fascinating because you watch all the millionaire Lamborghini gurus dissappear overnight every 3 to 5 years...meanwhile the people that know what they are doing keep buying and getting richer and play it more cautiously than the people who think it is "easy money"
The more I learn about investing the more I realize 1) I knew nothing before, when I thought I did, and 2) anyone can become wealthy if they have the desire (takes hard work). The goal isn’t the accumulation of things. The goal is FREEDOM (financial, spiritual, mental, etc). In the truest sense.
Tons of good books out there. Here are some freely available audiobooks:
Rich Dad Poor Dad https://m.youtube.com/watch?v=wp7Lz1svVro
Rich Dad Poor Dad Cashflow Quadrant https://m.youtube.com/watch?v=grVD6e4NILw
The Richest Man in Babylon https://m.youtube.com/watch?v=wglndSWrvsM
Think and Grow Rich https://m.youtube.com/watch?v=ZUbfskQ-GAY
The Magic of Thinking Big https://m.youtube.com/watch?v=p13s38JW9ng
The 4-Hour Workweek https://m.youtube.com/watch?v=taCl3MLVSVU
Investing in stocks and crypto is not for the timid and risk averse.
Also, throwing everything you have into them is mind boggling dumb and amateurish.
I've invest over 1/2 in real money. My silver still weighs the same.
Bitcoin is the only tried and true non-speculation crypto. Everything else is a gamble.
Whaaaat? You mean some worthless virtual token, deemed “stable” by some fraudulent “math”, wasn’t a good “investment”?!? No way!
That's a narrow-minded view. If it was worthless elites wouldn't be storing it offline in hidden secure bunkers. Also it wouldn't still be worth 30k. Stocks aren't really worth anything either...sure they are tied to massively overinflated companies but that's not really any better overall