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> Founders Fund sold out of the vast majority of its entire cryptocurrency portfolio by the end of March 2022 In Feb 2022, when I saw crypto ads during the Sup

> Founders Fund sold out of the vast majority of its entire cryptocurrency portfolio by the end of March 2022 In Feb 2022, when I saw crypto ads during the Super Bowl, it seemed like a warning sign that something was about to go bad and the existing players were looking for suckers.

gpderetta 4y ago
On the London tube there were self referential ads saying "when you see crypto ads in the tube it is time to buy". /Facepalm
- wmf 4y ago
  That reminds me of the old sayings "those who do not understand history—screw it, it's time to buy" and "fortune favors the people who buy things from Superbowl ads".
- neilv 4y ago
  That might be brilliant evil, if they preempted the catchy old sayings about when to get out of the market.