Ape stronger together

Bitcoin, like all the other crypto currencies, is a ponzi scheme (it appears that MOST small investors are buying in hoping for the "bigger fools" to push the price up -- and when that stops happening, the price WILL drop and BC will possibly vanish) and a roulette wheel.

You can create virtual copies of real-world things, but they aren't the same and do not have the same properties. Virtual water doesn't get you wet; a virtual dog can't cuddle with you on the couch or chase after a tennis ball you've thrown, and virtual wealth can evaporate as quickly as that term paper or office spreadsheet that disappeared from your computer a few years ago.

Bitcoin circa 2010 was a great way to get in early on what turned out to be a massive bubble. Right now, trading the ups and downs of Bitcoin will make some people money and lose money for others, much like the stock market.

I'd be very cautious about assuming any crypto currency is a good store of value for the long term.

Caveat: A whole lot of people, including right here on GA, believe that Bitcoin will survive and thrive, and maybe they'll be proven right. For certain, one common point made by Bitcoin boosters is accurate: fiat currency is trash -- fiat currencies ALWAYS fail and the fiat dollar is heading into the toilet.

Avoid it like the plague. NCSWIC

Buy metal and some dwac

ISO20022 %99 percent of crypto will be wiped

https://www.naturalnews.com/2022-05-12-coinbase-bankrupt-all-funds-users-could-disappear.html

Coinbase, an online cryptocurrency holding and exchange company, warned that if it goes bankrupt, all of its users could lose all of their assets. Coinbase is the largest cryptocurrency exchange in the United States.

Bitcoin adoption continues. Most crypto is dubious. Bitcoin is becoming a global bank. It's not going away. The Strike app is about the best way to buy btc with the lowest spread and fees.

I did. I don't buy a lot. Just a tiny bit.

I bought a hundy worth yesterday at one of those crypto ATMs being I had some cash I'd rather put in that ATM than my bank's.

May by some more, maybe a little more XRP as well.

No one's really sure what'll happen in the long run, nor the short for that matter. I've only invested a few hundred, nothing that'll kill me, but I figure it's a worthwhile investment when the centralized monetary system goes kaput.

If you're unsure about crypto, physical silver, or gold if your rolling like that, are excellent inflation hedges as well. With silver hopefully coming out from under price manipulation and shooting up 10 fold or more.

I don't get anything out of it, but I like Golden State Mint, I've bought most of my silver there. https://www.goldenstatemint.com/

Either way, you want to buy something you hold, if BTC, buy it and get a hardware wallet to hold it, don't keep it on the crypto exchange, IE CoinBase. And precious metals, buy physical, not paper, as in stocks.

Buy buy buy... I said the same thing when Enron was tanking. Gotta guess right one of these times!

fuck that.

I think the era of Bitcoin is coming to an end... Buy gold and silver which will be backed by the dollar 🤠

I’ve been investing in crypto since 2020. I don’t have a ton of money in it but I’ve spent a lot of time learning about the different projects. If you’re interested in investing I would seek out strong voices that speak honestly about it, some that I enjoy are BitBoy, MMCrypto, Crypto Wendy, Altcoin Daily, Crypto Jebb, Carl the Moon. Several of these are from a Christian perspective as well.

The more you learn the more comfortable you become and start to realize that blockchain tech is the new foundation of the internet. Most people are scared of new, just like people were scared of the internet and computers when they first came on the scene. In the near future our daily lives will all be impacted by blockchain technology.

A lot of crypto projects will crash and burn. But I believe Bitcoin, Ethereum, Cardano, Polkadot, Avalanche, XRP and some others have strong potential to be around a long time. Only time will tell.

For the people that say Bitcoin is bad or evil or only used by criminals, that sounds great except that cash and fiat money are used in like 99% of criminal transactions.Throughout history people use whatever currency they have to do bad things — pirates didn’t pillage and rape for cash or bitcoin — they did it for gold, silver and jewels. The same argument can be made for anything of value. Bitcoin has a darker past but now it’s used the word over as a digital store of value by all kinds of people. It’s how you use it that matters.

I plan on buying the dip, but I also believe in spreading your $$ around to other assets like real estate, gold, silver, etc. Everything comes with risk. Hope this helps!!

People were warned a long time ago that bitcoin would be killed off because it was created in the first place, running in a city-sized facility under Three Gorges Dam, to fund human trafficking. I think the black mark on bitcoin is real and I would not touch it, personally.

Seems to me that crypto would be an easy way to lose everything by getting hacked and stolen Not a hi tech guy but that’s my take

It’s crashing because dark money is pulling out for whatever reason. It would never reach that price again (unless the dollar becomes worthless which is unlikely).