Crypto is a psychological trap. The scammers parroted the phrase “skin in the game” to get you to put money in, and like the dumbest rat in the world, you bait the trap with your own money and walk right in.
Once the trap is set, it’s 24 hours of torture. Initially the price jumps up, but you don’t sell. WHAT IF IT GOES UP MORE. People say wait for 50k, 100k. The scammers cash out real money (YOUR MONEY) and those who rake in big money leave the system rich.
Large amounts of money leave, and the price starts a long, slow dive. And now you are trapped.
SELL AT A LOSS? Sorry, loss aversion kicks in. And that would be admitting you were dumb. Surely all those smart people can’t be mistaken. This is the future of money! And if it moons again you’ll feel like shit. Let’s just hodl.
BUY MORE? Sure why not. After all it MUST go up eventually. You start putting money in. A little at first. Then more. Then you’re out of money and the value is still sliding.
The human brain is wonderful. It protects you from going mad from the horrors of reality. So your brain, to convince you not to go crazy, makes you believe this: “just hodl user, it’ll go up FOR SURE. Dont worry at the no coiners laughing at us, it’s our turn next time. BELIEVE IT.”
Listen...
Crypto is a fucking psychological trap. And you put the bait yourself.
>hundreds of scam coins and unlimited forks >limited supply Pick one
Anthony Bell
My first edition digimon cards are also limited supply
Jayden Wood
Nah its just money game played by global users.
Logan Reed
statement is still valid the whales are just changing
Caleb White
can you send a digimon over the internet ? nope
Alexander Moore
And like all money games, the profits come from a large number of gullible, greedy victims.
Parker Brown
i dont get it. its a market. youre supposed to trade it not go long and pray...
Leo Davis
This psychological trap would have made you rich if you fell for it at any of the previous bubbles. It takes faith and luck to make it in the long term
Jason Phillips
“Yes and here you see a coiner in denial in his natural habitat, firmly believing the next bullrun is coming again any day now.” >nocoiners were wrong in the last so they will always be wrong, the (((((fundamentals))))) havent changed >what is the turkey fallacy
Kayden Allen
in cryptoes you have hodler of last resort that is why the yearly lows are what is important not the high
Hunter Sullivan
Yeah a lot of people who sold at the top got rich. A lot of hail marys paid off big. But an even larger number of people quietly got burned and those left are just throwing good money after bad at this point. It’s like buying more lottery tickets after your number came in and YOU DECIDED NOT TO CASH IN because you want to win more.
Brody Foster
>Pick one BTC
Alexander Adams
here are the fundamentals we had gold then we had notes then we had fiat
all of the above still exists and out of the void here comes crypto with all its bugs and issues
and it is winning
Henry Wood
I also think that \biz plays a special role in it. we are retails here.
Blake Jackson
Op is smart. Why would you invest in something that for sure is not backed? What would you do if btc went down to 0? For the people who put in all their money. You get nothing. You dont know business if you're putting in a $1000 on btc and then it drops to $500. You lose $500 but you decide to hodl because you think you'll be able to make it back to 1k but in reality Its just coping. You're a fool if you invest in crypto. Heck if you're going to throw your money away why not give me the money? You're gonna be broke either way. Crypto is a huge scam because no one knows who created it, where it came from, if you knew who was the owner of btc then you'd be able to get your money back but you cant. The whole point in crypto is for fools to get a little high, then drop the value so they lose, except it'll go down down down and then randomly go up high to get people hooked on it. Btc is dangerous.
Mason Edwards
Psychologically yeah we have this tendencies to put more money in to get to that break even point but we still lose.
Jacob Harris
>declining mass adoption >proven useless as a currency in that last bubble >only used by speculators and degenerate gamblers Does this feel like winning?
Julian Clark
Check out those nice trips. Kek bless you.
Brandon Edwards
>declining mass adoption declining from ATH, give it some time
>proven useless as a currency in that last bubble BTC is a unit of account, money has to be fungible, we are yet to put into the public consciousness that, in the beginning BTC was advertised as fungible
>only used by speculators and degenerate gamblers solid use case, that alone will take the market over a trillion
>Does this feel like winning? it feels like winning because of how hard everything is, we have earned it
Angel Flores
I can ship it to you or anyone in the world for a small fee and there are zero regulations and zero taxes on profits made from the sale of collectable items.
Dominic Lopez
C O P E O P E
Jayden Howard
Heck even I can probably make the price of btc to go up. If I think your bitcoin is worth 5,000/pbtc and I trade you $5000 for 1 btc. Btc is now $5000. Because the guy who sold me the btc at $5000 will buy more btc with that $5000 now everyone who had btc before will see their btc surge. Btc is how ever much value you put into it. If I buy one btc for 1 million. Then btc goes up in price. Now who here has a million to throw away?
Luke Ortiz
YOU ARE COPING
you are actually trying to find reasons not to become a coiner
OP I have news, you are already a homosexual, you will suck the Satoshi dick and love it
Ryan Long
Ethereum doean't have a limited supply anymore than stocks have a limited supply.
Blake Garcia
it also will switch to proof of stake ETH is doomed
if it has hash rate, it is legit
Cooper Young
Sold at 12k when i realised what this shit is. Used to believe in the tech til the scammers took over. You still hodling?
John Allen
I sold half at 8k and half at 16k buuuut I sold to rebuy, so I did, I have being accumulating I am barely at break even at the moment, maybe even down a bit
Liam Collins
i’ll be honest with you buddy, i felt shitty when it hit 19k, like what if i was wrong, and at 6k i was tempted to jump in to double my stack. But i realised it was all a fucking trap at this point. So I walked away, with a profit that is not the highest but something I am happy with. I’m not even smart or anything, just got lucky, and luck runs out.
It’s all fucked up and rigged now bro.
Henry Howard
Sell and consider yourself lucky
Bentley Garcia
nocoiner cope lol
Hunter Sullivan
I bought at 4200 the first time I was waiting for an year, luckily the alts shitted the bed before that so I have reaccumulated pretty good stack
here is the bottom line you cannot pay me in gold in person, because I cannot verify that the gold is gold, while in crypto you have miners that verify that
so you can pay me exact amount and I can rest assured that it is true
therefore crypto is superior to gold
Jaxson Thomas
I am not selling, I am ok with it going to zero, but I will never ever forgive myself if I sold the bottom, better to cash a few knifes I was unable to even imagine the top, so what
