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Everyone in crypto and sat on a 5x gain tells you its the "early days" because they can afford to lose 80% and still shrug it off. It's easy to be chipper right
by nly 5y ago
Everyone in crypto and sat on a 5x gain tells you its the "early days" because they can afford to lose 80% and still shrug it off. It's easy to be chipper right now.
Go back to between early 2018 and early 2020 though and look at r/bitcoin and you'll see a bunch of people running themselves in to early graves with anxiety, following every twitch in the market and hyping up every news story about crypto to try and justify to themselves why they bought in.
Bitcoin could go to $1M/coin, but it might do that over a 3 month period 10 years from now after a decade of going nowhere.
- SwimSwimHungry 5y agoThey just want someone down the line to buy in to keep the grift going, honestly.
- Hendrikto 5y agoYou have it the wrong way around: People who realized it’s still early days are making those returns.