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Honest question, are people still buying crypto at all?

• notfed 3y ago
  Honest answer: You can check by googling "Bitcoin graph". When it goes up, people are buying. The answer is...yes.
  • simonw 3y ago
    Or the graph goes up due to market manipulation. How much do you trust Tether?
• ulfw 3y ago
  I lost $20,000 on that shit with various scams (e.g. Terra Luna etc). Never will I tough crypto again and I warn everyone who is potentially falling for the bullshit that is 'web3'. Blockchain technologies are like Elon's Full Self Driving or hyperloop. Always coming in the future, never actually here. But money is gone already.
  • timbit42 3y ago
    People should never invest in things they don't understand.
    • sokoloff 3y ago
      There are at least 400 of the S&P 500 companies that I don’t meaningfully understand what they do, how exactly they make money, what their defensible moats are, etc. I still invest in S&P 500 ETFs and believe that to be prudent.