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re: Is Binance the next shoe drop this crypto winter?

Posted on 12/17/22 at 7:47 am to
Posted by Highthoughts
Member since Sep 2022
313 posts
Posted on 12/17/22 at 7:47 am to
o shite
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51570 posts
Posted on 12/17/22 at 7:50 am to
He is saying he read the question wrong ... Just a slip up

Twitter source
Posted by Highthoughts
Member since Sep 2022
313 posts
Posted on 12/17/22 at 7:52 am to
Probably true but still gonna cause a run
Posted by KillTheGophers
Member since Jan 2016
6748 posts
Posted on 12/17/22 at 8:13 am to
All this crap is going to zero - it is one big fraud
Posted by kaaj24
Dallas
Member since Jan 2010
878 posts
Posted on 12/17/22 at 8:33 am to
Great teaching moment.

When I saw super bowls ads for Crypto I knew it was snake oil.

I hope those invested in Crypto don’t exceed 5% of their portfolio.
Posted by Chuckiee
Member since Jan 2007
2603 posts
Posted on 12/17/22 at 8:45 am to
How long does it take to go to zero? Because we’re nearly 13 years in
Posted by Highthoughts
Member since Sep 2022
313 posts
Posted on 12/17/22 at 8:58 am to
quote:

When I saw super bowls ads for Crypto I knew it was snake oil.


Both correct and incorrect.

Massive ad campaigns is definitely a sign to sell if you haven’t already.
Posted by Chuckiee
Member since Jan 2007
2603 posts
Posted on 12/17/22 at 9:12 am to
And the “crypto is dead” narrative is a sign to buy
Posted by 21JumpStreet
Member since Jul 2012
14857 posts
Posted on 12/17/22 at 12:51 pm to
Need more fud!
Posted by RonLaFlamme
Baton Rouge
Member since Nov 2016
1858 posts
Posted on 12/17/22 at 8:04 pm to
I think it’s just as likely the FUD is orchestrated payback for his moves against FTX
Posted by 21JumpStreet
Member since Jul 2012
14857 posts
Posted on 12/17/22 at 9:02 pm to
If they survive this "fud", no reason not to invest in the future.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82059 posts
Posted on 12/17/22 at 9:08 pm to
quote:

I hope those invested in Crypto don’t exceed 5% of their portfolio.

You mean 50% right...RIGHT????

Asking for a friend.
Posted by 21JumpStreet
Member since Jul 2012
14857 posts
Posted on 12/17/22 at 9:14 pm to
Was about 60-70% but now more like 30-40%
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82059 posts
Posted on 12/17/22 at 10:04 pm to
Sounds about right for me. Haven’t done an updated net worth calc in a while
Posted by PrecedentedTimes
Member since Dec 2020
3128 posts
Posted on 12/20/22 at 6:12 pm to
quote:

Was about 60-70% but now more like 30-40%


Jesus H Christ.

Investing in a 3x NASDAQ ETF with 100% of your net worth is less risky than this.

Y’all are completely insane.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82059 posts
Posted on 12/20/22 at 9:05 pm to
Posted by Highthoughts
Member since Sep 2022
313 posts
Posted on 12/20/22 at 9:20 pm to
It’s pretty simple. Investing smartly now will give me a comfortable life when I’m 60.

Investing like an idiot now may give me the chance to live like a baller in 5 years, but still “exist” when I’m 60.
I’d rather have money when I’m 40 than when I’m 60.
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