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re: Crypto hedge fund Three Arrows Capital (3AC) now in liquidation

Posted on 6/30/22 at 3:13 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423363 posts
Posted on 6/30/22 at 3:13 pm to
quote:

Did you know about 1 out of 5 US adults own bitcoin? I don’t think they own it because it’s providing everyday utility to them, or any real meaningful utility at all. Rightly or wrongly, they see it as a place worthy of parking cash. 1 out of 5 US adults aren’t day trading/short term trading. They’re holding it for long term value. Bitcoin is likely to get more popular than less, it’s likely going to be sought more by both big and small money, and there’s a limited supply, so the price long term should go up.


I don't think anyone in this thread is shitting on BTC or ETH.

Telle me how much Gamecoin you'd suggest people invest in
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 6/30/22 at 3:24 pm to
These are the times I feel good about always playing it safe.

The other times I feel dumb not taking advantage of 3 quadrillion % interest rates.
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