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When lambo is a joke. The entire space is riddled with memes and jokes. You shouldn't take it so serious.
by fleddr 5y ago
When lambo is a joke. The entire space is riddled with memes and jokes. You shouldn't take it so serious.
- headmelted 5y agoI get that, but it’s disingenuous to say that there aren’t a lot of people buying this stuff because they legitimately expect it to make them rich. Is it most new buyers? There’s really no way to know.
- fleddr 5y agoI'd say most people hope it makes them rich, not necessarily expect it. More likely, aiming for a high return they can't get anywhere else. It's a distribution like anything else. A handful of billionaires, a larger group of millionaires, and then comes the sweetspot. The sweetspot for crypto is middle class (from lower middle class to higher middle class) doing a 5-10x from whatever they put in. Not enough to retire, but meaningful wealth. This return is within reach for almost anybody with some study, patience, and proper risk management.