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Message
re: Trump fans confused how their investments in his crypto/Stock are now worth a Fraction
Posted on 7/7/26 at 10:02 am to Penrod
Posted on 7/7/26 at 10:02 am to Penrod
First off, it wasn't an IPO, second, it's not bad advice to tell a rookie trader they should not be in on a pump and dump or that if they were able to get in that morning because it was crypto that he should have sold after doubling his money. He was trading with out a stop loss which in its self is fricking stupid. Then going to come out and blame Trump as a scammer because he is low IQ.
1
Posted on 7/7/26 at 10:08 am to MikkUGA
quote:He got in with 100% of his money in one position, doubled his money from 100k to 205k and didnt sell. He could have pulled half his money, and played on the house's dime from there ... but "it was a scam!"
That guy is dumber than a bag of hammers. He got in, doubled his money from 100k to 205k and didnt sell? What an idiot. That was a very costly lesson
SMH
Posted on 7/7/26 at 10:11 am to imjustafatkid
quote:
Stopped reading.
So did everyone else who wants to refuse to acknowledge reality.
It's a pretty common human trait these days.
Posted on 7/7/26 at 10:12 am to NC_Tigah
I would have just took the profit because it's common knowledge to an experienced trader that on open it will pump and settle back in at a lower price. Especially on something so obvious. Hedge funds and billionaires are going to make theirs.
Posted on 7/7/26 at 10:12 am to wackatimesthree
quote:
So did everyone else who wants to refuse to acknowledge reality.
It's a pretty common human trait these days.
These aren't grifts. Stupid people betting their life savings on stock or crypto isn't news.
Posted on 7/7/26 at 10:12 am to CleverUserName
quote:
I'm not dumb enough to buy random cryptocurrency investments though... or meme stocks... or CDs that claim a 10 percent rate of return from a small firm... or etc etc..
I’m still trying to get a feel for where crypto gets its value. As far as I can tell, it was supposed to be just a privately owned/funded medium of exchange outside the eyes and ears of the government. Of course, the same can be said of “points” in a trade association — yet another pain in the arse that I was fortunately never lured into. Same can be said for timeshares and pleasure boats.
At the end of the day, crypto seems like chain letter, pyramid, or Amway/MaryKay type deal where there’s no real value to the base product/service.
Posted on 7/7/26 at 10:15 am to NC_Tigah
quote:
There may be a case to be made, but it certainly has not been made in this thread
I don't think it requires a lot of heavy lifting to make a case in general. It's pretty obvious.
Now, I don't know anything about the specifics of this case and it might not be a valid example at all.
But when you slag bitcoins for years as being funny money for crooks, then heavily deregulate them—mostly unilaterally—then proceed to make a billion and a half investing in them inside of a year, I'm not sure what anyone can counter with as far as Trump having become a brazen grifter in general.
He knows the cult won't care. And they don't.
Now if Joe Biden had done it...Yowza.
This post was edited on 7/7/26 at 10:17 am
Posted on 7/7/26 at 10:16 am to imjustafatkid
quote:
These aren't grifts. Stupid people betting their life savings on stock or crypto isn't news.
I see.
So this was not an example of Trump's grifts, but you don't deny that he is engaging in them.
Is that correct?
Posted on 7/7/26 at 10:16 am to ChatGPT of LA
And Ty beanie babies.
Posted on 7/7/26 at 10:17 am to wackatimesthree
quote:
I see.
So this was not an example of Trump's grifts, but you don't deny that he is engaging in them.
Is that correct?
No, you could not possibly have come to this conclusion from what I stated.
Posted on 7/7/26 at 10:23 am to Eurocat
quote:
I voted against Trump not for Harris but, yes, that meant I had to pull the lever for her.
At least you finally admitted to I being a retarded leftist. Congrats, I guess
Posted on 7/7/26 at 10:25 am to Chet Donnely
quote:somebody please be the 100th upvote
You’re extra gay today
Posted on 7/7/26 at 10:28 am to Eurocat
quote:and i invested $15k in a penny stock based on a random person's rec on this board and its worth $0 today.
"I'm like, 'I'm getting in,'" Fistikan told Forbes. At its peak, the trucker's investment in the president's social media firm reached $205,000 — a life-changing amount of money for a working class person in the United States. Today, Fistikan told the publication his investment is worth a dismal $30,000.
I WANT TO SUE! I WAS TRICKED! MOMMY MAKE THE BAD MAN GIVE ME MY MONEY BACK THAT I PUT INTO A HIGHLY VOLATILE INVESTMENT
Posted on 7/7/26 at 10:56 am to Eurocat
Credit for answering the question. I'm sure she would have been soooooo much better...
Posted on 7/7/26 at 10:58 am to Eurocat
quote:
I voted against Trump not for Harris but, yes, that meant I had to pull the lever for her.
No it doesn’t.
There were other candidates. You chose to vote for HER.
Posted on 7/7/26 at 11:16 am to MikkUGA
Yeah, I agree with all of that. That is kind of the point of the article, too, that Trump is taking advantage of unsophisticated followers.
I am not a sophisticated stock market investor. So I let others do that for me.
I am not a sophisticated stock market investor. So I let others do that for me.
Posted on 7/7/26 at 11:20 am to Penrod
Trump didnt take advantage of anyone. If that were true then every single piece of crypto and every single company in the world took advantage of people. Its just a dumb article written by, participated in and believed by low iq people.
Posted on 7/7/26 at 11:23 am to Eurocat
quote:
I'm like, 'I'm getting in,'" Fistikan told Forbes. At its peak, the trucker's investment in the president's social media firm reached $205,000 — a life-changing amount of money for a working class person in the United States. Today, Fistikan told the publication his investment is worth a dismal $30,000.
It’s not a scam. Truth Social is a real platform. The guy made an initial sound investment and rode the initial momentum like many but failed to cash out at the right time. New IPOs with hype always shoot up then come back down to reality.
That’s why a truck driver shouldn’t handle his own investments. If you don’t know what you’re doing it’s essentially gambling and in gambling only the house will end up winning
Posted on 7/7/26 at 11:33 am to NC_Tigah
Holy shite. Music?
Posted on 7/7/26 at 11:35 am to Eurocat
Caveat emptor you ignorant swine.
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