I would've had like a $1 million if I hadn't

[SecularIslamist]

sold all my shitcoins and stonks. I'm such a fucking permabear. I've always been the retard that thinks everything is bound to crash as soon as it goes up. I think I got some PTSD from 2018 altcoin bear market. Like seriously I was in private sales and had contacts who were buying shit coins like Solana, Avalanche, DOT and ICP from VCs. They were like 1/200 of the prices during their ATH back in 2021.

Can't believe shitposters and retards on 4chan and Reddit would have made me a rich motherfucker. I should've just been a dumb motherfucker and HODLed like that dumb cunt said back in bitcointalk.org. There really is no difference between geniuses and extremely dumb motherfuckers who don't know what they're doing in this space.

 

[turkproducer]

Well a lot of stocks and most crypto has plummeted. Why don’t you buy back in?

 

[SecularIslamist]

Well a lot of stocks and most crypto has plummeted. Why don’t you buy back in?

This is the issue. When shit hits the fan it's gonna hit hard. Look at dot-com bubble burst 99% of them failed. Why would crypto be any different? If not worse because no fucking way blockchain is as innovative of a tech as they make it out to be. Don't think just because something is down 90% it can't go down another 90%. Most will, an extremely tiny minority will go insane.

Back in 2017 there were only a few hundred coins, 1 out of 10 shitcoins would go parabolic - so it was enough to cover the 9 other losses. Now, maybe 1 in 10,000 will go parabolic. No one can take this gamble. Definitely not the little guy / average Joe.

I had like 100% shitcoin portfolio back during 2017-2019. Now I'm like 90% in bitcoin only.

This is not investment advice. DYOR. Yada yada.

 

[turkproducer]

This is the issue. When shit hits the fan it's gonna hit hard. Look at dot-com bubble burst 99% of them failed. Why would crypto be any different? If not worse because no fucking way blockchain is as innovative of a tech as they make it out to be. Don't think just because something is down 90% it can't go down another 90%. Most will, an extremely tiny minority will go insane.

Back in 2017 there were only a few hundred coins, 1 out of 10 shitcoins would go parabolic - so it was enough to cover the 9 other losses. Now, maybe 1 in 10,000 will go parabolic. No one can take this gamble. Definitely not the little guy / average Joe.

I had like 100% shitcoin portfolio back during 2017-2019. Now I'm like 90% in bitcoin only.

This is not investment advice. DYOR. Yada yada.

Yeah maybe you won’t have the crazy 100x you could have had, but imo there is going to be a mania just like there was in 2021 in a few years. I don’t know exactly when, but I really do believe it’ll happen.

even if you just invest in the safer alt coins, I still think the increase would be quite marked, considering how much the prices of different cryptos have dropped.

 

[SecularIslamist]

Yeah maybe you won’t have the crazy 100x you could have had, but imo there is going to be a mania just like there was in 2021 in a few years. I don’t know exactly when, but I really do believe it’ll happen.

even if you just invest in the safer alt coins, I still think the increase would be quite marked, considering how much the prices of different cryptos have dropped.

It possible ofc. But imo there are far better and more exciting industries to invest in like bioengineering, machine learning, renewable energy tech, quantum computing - that shit would bankrupt entire bitcoin industry if community can't do anything about post quantum encryption.

Still a high risk high reward environment. You're more likely to see things go almost always to zero than 10,000x.

 

[turkproducer]

It possible ofc. But imo there are far better and more exciting industries to invest in like bioengineering, machine learning, renewable energy tech, quantum computing - that shit would bankrupt entire bitcoin industry if community can't do anything about post quantum encryption.

Still a high risk high reward environment. You're more likely to see things go almost always to zero than 10,000x.

Obviously there are better options, but the advantage with crypto is that every normie knows about it, and will jump on the hype (aka, buy when it’s too late) I think it’ll be rather easy to catch crypto on a pump again if you’re just slightly more watchful than other normies

i think machine learning is the best example to invest in that you gave, for the same exact reason that normies cream their pants over it