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That’s because it’s a scam. The sooner you realize this the better
I will give you this, 85% of crypto is a straight up money grab/scam. The other 15% is mainly highly speculative new tech, 1-5% will actually be companies of immense value over longer periods of time. If you think the whole industry is a scam and going away though, I may buy you a helmet so you don't hurt yourself.
Nobody knows what the price is going to do in the short term, that is the lesson here. Everyone expected similar parabolic moves to the previous cycles, if you take away anything from this market, it very rarely does what the consensus is. I believe you said you were in BTC and ETH previously, you are going to be fine, just continue to dollar cost average into those. At some point they will get moving again, lot of the other crap will get washed out at some point. Weather thats in the next few months or a year or two from now, nobody knows. Just stick those with limited risk and over time you will do great.
I’ll be fine, I’ll just buy GME
Thanks. What do you mean by doing dollar cost average?
Just setting up a daily, weekly or monthly automatic buy. Unless you want to watch the charts 24/7 and are confident in timing markets, it a great way to smooth out the volatility. If the price drops, you are picking up some at a lower price and lowering your average cost, if it goes up you have a position to participate in the upside. Most of the vets in the space would recommend this method for most people.
Truth is nobody knows wtf it is going to do because it's entire value model is derived from FOMO , until first world financial systems / governments agree bitcoin is a tangible asset you may as well be trading bottle caps
I get all my NFTs for free
This actually is a really bad take and shows you don't understand the topic or applications. I don't have the time to break it down today but like you say, time will tell.
Tell her a little about yourself, but not too much. Maintain some mystery. Give her something to think about and wonder about when she's at home.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
What don't i understand ?
Incorrect, the POW model is what allows the network to remain secure and competitive, it also incentivizes it to adapt to different stressors ex. China mining ban. With this model the BTC network has almost become a living organism that constantly changes and improves as the environment around it changes. All money throughout history that had any type of sustainability had some POW model. Where man hours or energy were needed to produce it. Think gold and silver and mining. Without that, the money could be infinitely created and did not have or hold any value over time. The more miners that participate and the more efficient the equipment becomes only increases the security, integrity and value of the network.
POW is already outdated and economically inefficient i suggest you update your knowledge as most tokens are already moving to POS including ETH 2.0
Your lazy and uneducated response will most likely lead to corresponding results. Good luck.
Just because a woman listens to you and acts interested in what you say doesn't mean she really is. She might just be acting polite, while silently wishing that the date would hurry up and end, or that you would go away... and never come back.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
Extended cycle or potential super cycle setting up, which is a good thing...
Agree, nothing has changed for me long term. Potentially could get ugly at some point if the entire economy/markets pukes or they actually do rate hikes. In March 2020 when there was a that giant wick down a lot of people got wiped out using leverage. Some of the better traders too, just use some caution and don't get over exposed. If that does happen, I will be plowing every last available resource I have into this market.
I use very tight stops, so my losses are never more than roughly $100, and I tend to move my stops quickly into profit when the trade starts going well.
Hilarious how bitcoin maxis were claiming bitcoin would be a safe haven against this
Why don't you?
What happens, IN HER MIND, is that she comes to see you as WORTHLESS simply because she hasn't had to INVEST anything in you in order to get you or to keep you.
You were an interesting diversion while she had nothing else to do. But now that someone a little more valuable has come along, someone who expects her to treat him very well, she'll have no problem at all dropping you or demoting you to lowly "friendship" status.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
