LogFAQs > #950872934

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear

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Topic	Bitcoin is literally free and easy money. Why are you not buying?
1337toothbrush 02/20/21 11:44:54 AM #84:	ROOTFayth posted... Look dude, you don't like money, it's fine, just spend it on video games and fast food, I'll keep investing and diversifying, crypto is going to be part of that diversification until I have a reason not to Diversification is fine, but delusions of crypto being a proper currency. EndOfDiscOne posted... The sad thing is that even if the price goes up to $1 million, you'll still be saying the same thing. Unlike with lottery tickets, there are valid reasons to believe that the price of BTC will go up over the long term. You've been saying that BTC is a bad investment since before $20k at least. I hope no one listened. The sad thing is that you completely missed the point. The huge return doesn't make it a wiser investment because it's not an investment, it's speculation i.e. glorified gambling. You're a genius until suddenly you're not and "buying the dip" suddenly becomes "holding the bag". Oh, but maybe there'll be another run-up three years from now. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP <cite>1337toothbrush posted [p:950872934] in Bitcoin is... [t:79305798]...</cite> <quote>ROOTFayth posted... </cite> <quote>Look dude, you don't like money, it's fine, just spend it on video games and fast food, I'll keep investing and diversifying, crypto is going to be part of that diversification until I have a reason not to</quote>Diversification is fine, but delusions of crypto being a proper currency. EndOfDiscOne posted... </cite> <quote>The sad thing is that even if the price goes up to $1 million, you'll still be saying the same thing. Unlike with lottery tickets, there are valid reasons to believe that the price of BTC will go up over the long term. You've been saying that BTC is a bad investment since before $20k at least. I hope no one listened.</quote>The sad thing is that you completely missed the point. The huge return doesn't make it a wiser investment because it's not an investment, it's speculation i.e. glorified gambling. You're a genius until suddenly you're not and "buying the dip" suddenly becomes "holding the bag". Oh, but maybe there'll be another run-up three years from now. --- https://gamefaqs.gamespot.com/boards/261-politics/78252375/931554955 https://imgur.com/a/FU9H8 - https://imgur.com/ZkQRDsR - https://imgur.com/2x2gtgP</quote> ... Copied to Clipboard!
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