3 ms·
> to realize that the same crowd is also in crypto. If you bought btc/eth; so far the crypto believers have been right about one thing at least; when your hold
by tluyben2 5y ago
> to realize that the same crowd is also in crypto.
If you bought btc/eth; so far the crypto believers have been right about one thing at least; when your holdings are down, just hodl. I am aware this can backfire terribly and I have no holdings, but for 12some years, they have been right.
- attilaperez 5y agoFresh buy-side momentum and value distortion such as Tether drive up the price. Once that flatlines or even slows down, you get hell. >for 12some years, they have been right. This is akin to a child counting on the toothfairy. https://protos.com/tether-papers-crypto-stablecoin-usdt-investigation-analysis/ https://protos.com/tether-papers-crypto-stablecoin-usdt-inve... ^ Very eye-opening look at the true playbook behind the crypto space. It's very much run by CBOE-derived quant firms running the economy like a casino.
- tluyben2 5y ago> This is akin to a child counting on the toothfairy. I am not recommending anyone does this; I would never and, like said, I do not have any crypto (I had in 2017); I was just commenting that they were right so far, which is indeed saying I am immortal because I didn’t die.