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Are you familiar with the phrase "laughing all the way to the bank"?
by nasseri 5y ago
Are you familiar with the phrase "laughing all the way to the bank"?
- pjc50 5y agoBut you're your own bank. So you're just laughing at yourself.
- nasseri 5y agoLol this was pretty good I have to admit.
- user-the-name 5y agoYeah, and it doesn't apply to cryptocurrency traders, as by simple mathematics, they lose money on average. Cryptocurrency trading is a negative sum game. Any wins you make are either imaginary, or come straight out of somebody else's pocket who loses more.
- shukantpal 5y agoIf the market cap starts falling, yes
- user-the-name 5y agoNo, it has nothing to do with market cap or price at all. Mathematically, whatever the price does, investing in cryptocurrencies means you will, on average, lose money. Even if the price is currently skyrocketing.
- aeonik 5y agoCan you please explain more? What attribute of cryptocurrencies cause a guaranteed loss of money?