What I'm saying is, I've been seeing a lot more crypto and gold being advertised on forums and boards like this than ever before.
The more people who buy in, the less value something has for those who can only afford a small amount.
Whales ALWAYS benefit more than anyone else. Which gives them incentive to push the asset. Every time I see a "invest in crypto and gold guys, really do it, plz! You can do it irhg tnow. Come one" I see a whale trying to justify their purchase and get more to jump on all for the sake of increasing the value in their own stake.
I've yet to see people advertise in the same way for hand and power tools. One thing I've learned watching stocks all these years (while never investing a dime) is that any asset that's advertised is getting ready for a massive dip. You don't put money and time toward advertising an asset when you could use that same time and money to buy all of it up when the getting is good.
If you find a hill full of gold, you don't go off and tell people to come and get it. You get your fill of gold and keep your mouth shut -- slowly selling it off so people don't figure out your methods and ruin your cash cow.
The more people who buy in, the less value something has for those who can only afford a small amount.
Isn't this true for everything that's scarce and valued by supply vs demand? Also, a lot of this value increase is due to the true dollar inflation, people are less willing to take something that drops in value in exchange for something that will hold or go up in value over time.
Whales ALWAYS benefit more than anyone else.
Whales are in every market, they buy low and sell high, so of course they're gonna benefit from all the idiots that does the opposite.
I've yet to see people advertise in the same way for hand and power tools.
Agreed, it's almost like people haven't figured out why they would need such tools, especially hand tools and mechanical stuff in general. We shouldn't rely too much on electricity as long as we can't generate it easily.
If you find a hill full of gold, you don't go off and tell people to come and get it.
This is true for crypto too, honestly, when was the last time you saw ads for crypto mining? Sure hardware manufacturers may advertise, but that's no stranger than CAT, Volvo or Atlas Copco advertise their machines.
What I'm saying is, I've been seeing a lot more crypto and gold being advertised on forums and boards like this than ever before.
The more people who buy in, the less value something has for those who can only afford a small amount.
Whales ALWAYS benefit more than anyone else. Which gives them incentive to push the asset. Every time I see a "invest in crypto and gold guys, really do it, plz! You can do it irhg tnow. Come one" I see a whale trying to justify their purchase and get more to jump on all for the sake of increasing the value in their own stake.
I've yet to see people advertise in the same way for hand and power tools. One thing I've learned watching stocks all these years (while never investing a dime) is that any asset that's advertised is getting ready for a massive dip. You don't put money and time toward advertising an asset when you could use that same time and money to buy all of it up when the getting is good.
If you find a hill full of gold, you don't go off and tell people to come and get it. You get your fill of gold and keep your mouth shut -- slowly selling it off so people don't figure out your methods and ruin your cash cow.
Isn't this true for everything that's scarce and valued by supply vs demand? Also, a lot of this value increase is due to the true dollar inflation, people are less willing to take something that drops in value in exchange for something that will hold or go up in value over time.
Whales are in every market, they buy low and sell high, so of course they're gonna benefit from all the idiots that does the opposite.
Agreed, it's almost like people haven't figured out why they would need such tools, especially hand tools and mechanical stuff in general. We shouldn't rely too much on electricity as long as we can't generate it easily.
This is true for crypto too, honestly, when was the last time you saw ads for crypto mining? Sure hardware manufacturers may advertise, but that's no stranger than CAT, Volvo or Atlas Copco advertise their machines.