Look at this guy, stupid spoiled rich kiddo playing games, huh !
Nice strategy anyway, the greater fool approach on this bitcoin thing, I mean the idea of buying something now because you assume that some greater fool will pay more for it in the future
Well, the problem with that approach is that you inherently can be someone else's greater fool who purchase that thing from someone else who hope that you will be their greater fool and there's always a chance that you will be at the end of that conga line and end up being the holding bag for everybody else.
But it's a fun game, Elon buddy, right ?
Any idiot can play games with "low intrest rates times crappy ass-ets" such as NFTies, or any other homemade cryptocurrencies, or bitcoin !
Betting on what..., empty scarcity ? Scarcity alone doesn't give something's value !
Demand may be there, but not just because something is scarce...
Bitcoin is great gamble for trading, sure it can bring you on the top of the world...
But bitcoin is... a nonsense for a sane investor.
And again that:
Investing in bitcoin is like running with a burning match in a dynamite factory.
You may live or you may not.
But you're an idiot either way.
Nice strategy anyway, the greater fool approach on this bitcoin thing, I mean the idea of buying something now because you assume that some greater fool will pay more for it in the future
Well, the problem with that approach is that you inherently can be someone else's greater fool who purchase that thing from someone else who hope that you will be their greater fool and there's always a chance that you will be at the end of that conga line and end up being the holding bag for everybody else.
But it's a fun game, Elon buddy, right ?
Any idiot can play games with "low intrest rates times crappy ass-ets" such as NFTies, or any other homemade cryptocurrencies, or bitcoin !
Betting on what..., empty scarcity ? Scarcity alone doesn't give something's value !
Demand may be there, but not just because something is scarce...
Bitcoin is great gamble for trading, sure it can bring you on the top of the world...
But bitcoin is... a nonsense for a sane investor.
And again that:
Investing in bitcoin is like running with a burning match in a dynamite factory.
You may live or you may not.
But you're an idiot either way.
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