Investing should have no emotional bearing. You should give up now, because I promise you're going to fail with that attitude.
BITCOIN BTFO
this has nothing to do with investing. It has to do with hating dudes like him.
He's the one relying on his emotions not investing in bitcoin. As for me, I started like everyone else, learned from my mistakes and I'm well above my initial investment.
Will I fail in the future? Probably. Will I learn from it? Definitely.
how does a man that hodls so much fat not understand how to hodl crypto?
He's a child
this guy is a fucking idiot, typical Boomer knowledge here.
The technology is what is important. Go back to 1993, and this guy would be saying the same thing about the internet.
>call a man with 100 million in the bank a poor no coiner
never change Veeky Forums
that being said this guy is just shilling his own own crypto lol. salty fucker
Scams lose you money. Bitcoin is a ponzi scheme, not a scam.
I like how you disliked it
>when you put money into BTC and panic sell after it drops 4%
>lose millions of dollars
>so upset that he decides to shill his own coin
>claims people's stuff went from "sky high to next to nothing over night" when it literally has shown to continue on an upward trend and they only people who lose money are the ones that panic sell
LMAOOOOOOOOO yeah this fat fuck definitely panic sold at a loss
Wikipedia defines a ponzi scheme in the following way:
"A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme."
Now let's see if that fits bitcoin:
-Does bitcoin have central authority? No.
-Does bitcoin pay returns to its investors? No.
-Does bitcoin require an ever increasing flow of money to sustain it? No.
Bitcoin is not a Ponzi scheme. It's a true innovation in computer science and solves a well known problem called the Byzantine Generals problem.
It's a new type of monetary system based on mathematics and rare numbers. That's why it's a game changer. That's why we see 5-10 million investments to bitcoin startups every week. It has nothing to do with a Ponzi scheme.