@@abdullahwaseem5051 and you need to get out of here, if you have any prob with nick describe it in a presentable manner that nick you do this wrong etc.
My thing with crypto is that many people use it as investment and not actually for paying stuffs so I never understood how those cryptos got this valuable if everyone is just holding them
@@RealRaeRodney Hassane's right. The problem with crypto is that it doesn't have everyday utility, as a currency should. I always tell my friends that I won't go long on any crypto's until people can buy coffee at starbucks with it. If Tulipmania taught us anything, it's that the price of a commodity doesn't necessarily reflect its inherent value. At best, it reflects demand.
because someone wants to pay more than what you paid for. Plus, the supply becomes less...because there are different ways to "burn" the supply artificially, so they remove a bunch of tokens from the supply, so there's less of them.
People want decentralized finance without the consequences that may come from it (scams). Regulations are a must and it baffles me how people invest all their savings into an unregulated territory
You can invest and lose all your money on the well regulated stock market as well. Regulation =/= safe investment. These debacles only show who the idiot investors are and who did no research.
Who will regulate it? I don’t think you can have a decentralized commodity that’s also regulated, that’s an oxymoron imo. And if it’s no longer decentralized it’s not crypto. That was the whole point, you might as well go back to the dollar then.
@@op8995 That's not the point, for example all these Exchanges like Celsius or FTX for example can just block your withdrawals and if they file for Chapter 11 Bankruptcy, you will probably never get your money back which is what's exactly happening. Regulated banks at least are insured against that and you will get your money back upto $250k in case the bank goes belly up.
@@ares106 There is a reason why Crypto as a whole has been a failed experiment because it was mostly entertained by young people or people who went along with it due to FOMOor those who liked to rebel against the 'regulated banks' without having the single grasp of how economics work. There is a reason why regulations exist, as much as people like to hate it, it's in principle at least to protect the consumers, sure it has become quite corrupt along the way but still basic regulations are very important to protect consumers. Look at all the crypto exchanges that can just halt withdrawals, file for chapter 11 bankruptcy and the people will never ever get their money back, which at least in case of regulated backs is insured against.
The funny part about all of this was that on all the defi lending dapps sam was using, we saw he was constantly topping up his collateral and paying back his loans when ever his ltv ratio got too high. That's because this was a smart contract, if debt got too high he would simply get liquidated. There was no "trust me bro", everything was on chain and verifiable. All the shenanigans happend off chain and on his cex. We don't need regulation (in fact this whole situation showed that some SEC regulators may have even been complicit), we need a trustless, verifiable and open finance.
"I'm done until regulation comes in" - these are the words of people from traditional stocks market who want to get stable 7-10% a year with no risk etc. That's not about crypto, especially that's not about currently trending Decentralization, which is surely involve some kind of risk in a trade for providing zero trust system. If you invested with only thought of making some sweet % you were wrong, such mindset leads to leaving after losses. Believe in technology, pick promising projects, store on cold wallet, stack sats.
many people respected sbf? lol you're clearly not a crypto native, only tradfi people respected sbf, crypto natives have been mocking him on CT for a long time.
Now is actually the best time to get into crypto. I'd rather buy BTC now around 16-17k than later when it's 50-60k years later. The big money institutions buy like this. Sell when the market is bullish n buy when market is bearish
I was fortunate enough to withdraw my money in time, i ended up having 80% of my portfolio in it. Just started buy the dip, only time will tell if thats smart or not.
Dude that video of him giving away money is screaming "Scam, fake and lies". How did anyone with more than 2 brain cells believe him. Also the story with japan market sounds sketchy af.
I re-watched the big short the other day and one of the first scenes in the movie states "you know you're in a mania when instances of fraud increase". With that I am glad I never got into crypto to begin with. I was on the verge, but stuck to my gut. If a crypto winter is to come I may consider buying some scraps but for now I'll just stick to the sidelines.
I just find it too taxing on my higher functions to be stressing about it. Perfectly valid to focus on learning/career or more trusted financial instruments. Spending every waking moment stressed out about the quick money (making it or losing it) is no way to live. Getting a windfall can be good, but not if you're stuck in a perpetual cycle of risking it all or blowing your life up. With everything going on I would like to know if Web 3 is a real, tangible area to focus my studies on, or just a hollow buzz word. The algorithms and implications of crypto are fascinating.
Y’all wanted an unregulated market, y’all got one. In many of these pie in the sky discussions, whether it be free speech or economy systems, so often do people just assume good actors. There are always bad actors, and those bad actors always complicate your models if your models are predicated on a spherical cow. Moral of the story: that absolutest stance you hold is likely in a vacuum and will not hold true in practice.
But in regulated financial services there are safeguards, consequences for bad actors and compensation schemes. People are dumb; I studied the Bernie Madoff scam years ago. He was a classic bad actor. He operated outside the regularly environment by initially scamming his Jewish community. All these scammers are very slick hucksters. Invest in things that have a real world intrinsic value. EG if its real estate only invest in built property, not off plan. Don’t but in places where you cant trust authorities. Pretty much avoid companies with shady offshore brassplate offices. Get rich slow
i told people at the end if you want to continue to invest then hold in cold storage but im permanently done until regulation specifically because of how many controversies there are and how many bad actors are involved in the space
@@toby9999 My 2017 BTC & ETH investment would highly disagree with that sentiment. You have to remember crypto runs on a 4 year cycle with BTC which only gets more scarce over time and Eth is now set to become deflationary with it's usecase
i know you didn't want to get political and i understand it, but the money laundering of tax dollars from the US going to Ukraine, then being used to buy crypto and then going to politicians in the US is the larger scandal here
Are you really sure about this? It’s just the person running FTX who was the problem (with their control of it not checked by employees with the same amount of control). And FTX really weren’t a legit crypto exchange yet. The media’s reporting on this was not forthcoming. Just use BTC as it’s the legit currency. Other cryptocurrencies don’t matter.
BTC is not a legit currency when a lot of transactions are faked and it’s upside is supported by wash trading. If it was a legitimate currency why are ppl in El Salvador not using it as much as it should.
reminds me of myself in 2014, leaving the space permanently right now is a big mistake that you will regret later. FTX collapse doesn't change the fundamental value of digital assets, and after the mania subsides is exactly the right time to be in the space.
So you just followed what a bunch of influencers said when they started investing in the crypto spaces, and you got rekt. And now you're again following what a bunch of influencers are saying, and leaving the crypto market. You can do what you want with your money, but this is a very bad way to manage it. If you're just in it because "number go up", and not because you understand it, then you're not investing, you're just gambling, and jumping on hype trains.
Everything interesting and legitimate happening in crypto is happening in defi and mainly only on Main net, Optimism, and Arbitrum. You can get 10-30% apy on delta neutral collateral with actually revenue generating protocols like GMX which is a fully noncustodial trading platform similar to FTX but you have full control as a user over your funds. The problem with a lot of so called crypto people is they really never got into crypto but just liked trading it on a centralized exchange. They’re just goofballs who like to stare at charts.
He did change the world by supporting Democrat, and then Democrat sent ammunition to Ukraine, and Ukraine also heavily invested in FTX. So it's a win-win situation :)
Crypto has never been an investment vehicle. Investments are assets one buys to keep, in the expectation that the asset will produce income (dividends, interest, etc.). Crypto has never had any way to earn income; the "profit" model is to buy low and sell high.
when you add the sponsers and ads on your videos, I get the feeling of that your content is worthless. this is becouse youtubers are making content based on sponsers and ads types to make more money. thus focusing on the content loses it's value. I do not know why i feel this. but if you want to make content of good value, please make good content.
I work in the crypto game space but the investors (multi million dollar firms) are *very* weary rn. Many were rekt by the FTX news. In general there's optimisim for the long-term and money still pumping in but it's harder to pull off investment this time around. During the bull-run you didn't even need data to back claims as-long as you had some influence in the space but that is slowly changing, conventions/investors are drying up. Speaking of conventions I heard a recent one in SF was a ghost town from a colleague.
Eh I was a Solidity Developer for a while, but even on tech side of things it's going away, people are beginning to realise that almost everything Blockchain pretend to do, there is something else which can already do it if not better. The niche applications of Blockchain are so few that it's almost not even worth it to pursue for 99% of the companies. As the famous saying goes, 'Blockchain is a solution in search for a problem' and if there as genuinely something that could only be solved by it, people would have discovered it by now.
It is the geek effect - these people seemingly trust these geeks because they don’t fully understand what these geeks say anyway, and instead of looking stupid they accept it because they trust geeks. I am a geek(PHD) - but I have seen plenty of PHDs that are crap.
no it doesnt. it would regulate the exchanges so they can be prosecuted for fraud like FTX, you cant regulate the USE of it, becauyse its a method of exchange. Unless it is outright banned but that is not going to happen either.
this mess isn't affecting bitcoin at all. If you would dig deep into bitcoin and really understand it on every dimension, you would see the use case of uncensored, indestructible (digital!) hard money. In the long run, humankind will be in the situation where this is exactly what we need. because everything else (financial systems, currencies etc.) will be fucked up.
the whole thing is just so crazy how these cons can get to a global scale, i mean they were running super bowl ads. It's fine everyone wants to get rich, you just have to not play yourself or risk too much ever. if they flee and take the money, someones gonna find them and cut them into little pieces.
Cryptocurrency always seemed like it wouldn't solve the issues it was designed to. Or at the very least, create a lot of other pretty huge issues in the process. Plus the huge waste of electricity.
but web3 will be the next thing, and you can invest in smart tokens etc, because trasnactions will be held even the itnernet in general due to better security on web 3,
just short it 5x leverage and a ton of margin and quit crying. then wait 4 years and long it and take profits on the way back up to the moon... you cant be a good trader if you just get emotional about news that comes out and then you quit
i sold all my eth at $1600. walked away with $45k. am i going to quit crypto now? no this is the best time to get involved lol. no dont buy the dip but if you quit youre going to not be ready to make money when it is time to again
investing is not trading. you dont invest in these coins. theyre a cycle,, let the market makers and institutions set the price. you just ride the wave, whether your trade is long term or short term you should not be investing in this dog shit. maybe 1% of your networth to bitcoin but thats about it, that being said i trade with 25-50% of my networth
So crypto, that supposedly was to be so secure, so decentralised, is so centralised by few rich kids, who take your real money giving some crypto dreams, and of course it will need "regulations" now... so libertarian! But wait, there is blockchain! Well the fact that it actually isn't used anywhere and is not needed anywhere, doesn't change the fact, that you can speculate on some imaginary coins, so that few guys can get rich.
No one said that. Cause and Effect also applies to the financial markets, we need a very slow and sideways moving bitcoin in 2023 for a bullrun resulting in a new ath
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i love your face and look nick , : )
Look buddy u need to f offf
@@abdullahwaseem5051 and you need to get out of here, if you have any prob with nick describe it in a presentable manner that nick you do this wrong etc.
all the stuff that's happening is crazy rn great breakdown Nick
My thing with crypto is that many people use it as investment and not actually for paying stuffs so I never understood how those cryptos got this valuable if everyone is just holding them
Theres a side of decentralization you dont know
@@RealRaeRodney Hassane's right. The problem with crypto is that it doesn't have everyday utility, as a currency should. I always tell my friends that I won't go long on any crypto's until people can buy coffee at starbucks with it. If Tulipmania taught us anything, it's that the price of a commodity doesn't necessarily reflect its inherent value. At best, it reflects demand.
Check the ledgers on shady exchanges from the deep web like wasabi wallet for alphabay n ull eat ur words
You're correct to wonder. Crypto has no intrinsic value.
because someone wants to pay more than what you paid for. Plus, the supply becomes less...because there are different ways to "burn" the supply artificially, so they remove a bunch of tokens from the supply, so there's less of them.
People want decentralized finance without the consequences that may come from it (scams). Regulations are a must and it baffles me how people invest all their savings into an unregulated territory
You can invest and lose all your money on the well regulated stock market as well. Regulation =/= safe investment. These debacles only show who the idiot investors are and who did no research.
@@mrbogoify folks who are crying for regulation at this point don't understand the level of corruption on the federal government level.
Who will regulate it? I don’t think you can have a decentralized commodity that’s also regulated, that’s an oxymoron imo. And if it’s no longer decentralized it’s not crypto. That was the whole point, you might as well go back to the dollar then.
@@op8995 That's not the point, for example all these Exchanges like Celsius or FTX for example can just block your withdrawals and if they file for Chapter 11 Bankruptcy, you will probably never get your money back which is what's exactly happening. Regulated banks at least are insured against that and you will get your money back upto $250k in case the bank goes belly up.
@@ares106 There is a reason why Crypto as a whole has been a failed experiment because it was mostly entertained by young people or people who went along with it due to FOMOor those who liked to rebel against the 'regulated banks' without having the single grasp of how economics work.
There is a reason why regulations exist, as much as people like to hate it, it's in principle at least to protect the consumers, sure it has become quite corrupt along the way but still basic regulations are very important to protect consumers. Look at all the crypto exchanges that can just halt withdrawals, file for chapter 11 bankruptcy
and the people will never ever get their money back, which at least in case of regulated backs is insured against.
This guy hasn’t had sleep in months.
i can never avoid this comment 😭 its true btw
Coins weren't meant to be an investment. It should remain UNREGULATED because that's the point my goodness.
Nas Daily has enough controversies himself, and he covered SBF in a video... It's like scumbags know each other.
The funny part about all of this was that on all the defi lending dapps sam was using, we saw he was constantly topping up his collateral and paying back his loans when ever his ltv ratio got too high. That's because this was a smart contract, if debt got too high he would simply get liquidated. There was no "trust me bro", everything was on chain and verifiable. All the shenanigans happend off chain and on his cex. We don't need regulation (in fact this whole situation showed that some SEC regulators may have even been complicit), we need a trustless, verifiable and open finance.
Imo we need more solid regulation for exchanges but not crypto itself
"I'm done until regulation comes in" - these are the words of people from traditional stocks market who want to get stable 7-10% a year with no risk etc.
That's not about crypto, especially that's not about currently trending Decentralization, which is surely involve some kind of risk in a trade for providing zero trust system.
If you invested with only thought of making some sweet % you were wrong, such mindset leads to leaving after losses.
Believe in technology, pick promising projects, store on cold wallet, stack sats.
Lmao, this seems like some crypto bro too far gone on the delusion.
1 year later 🙂
Did you have money on FTX?
nope
Dude you didn’t experience mtgox event apparently
many people respected sbf? lol you're clearly not a crypto native, only tradfi people respected sbf, crypto natives have been mocking him on CT for a long time.
Now is actually the best time to get into crypto. I'd rather buy BTC now around 16-17k than later when it's 50-60k years later. The big money institutions buy like this. Sell when the market is bullish n buy when market is bearish
well said brudda. look where we are now. not many ppl thought like this back then
I was fortunate enough to withdraw my money in time, i ended up having 80% of my portfolio in it. Just started buy the dip, only time will tell if thats smart or not.
See ya in a couple years
If you hear a guy say that his primary purpose for getting rich is to give it away, that already should be a red flag.
Nah, just don't use exchangers and u'll be fine.
FTX wasn’t really a legit exchange yet. The statist media is misleading us into believing it was
Dude that video of him giving away money is screaming "Scam, fake and lies". How did anyone with more than 2 brain cells believe him. Also the story with japan market sounds sketchy af.
most of the people are dumb.... they need to store in decentralised platform and take responsibility !!!
sure, we need regulation... It's not like that was the plan all along. It's crazy how everyone was tricked this easily into government regulation SMH
Best thing I did with crypto was never get involved. Same with NFTs
"buy when others are fearful. sell when they get greedy."
it's exactly as you said. It was the inevitable. Who ever profited did, now it's all collapsing right before our eyes.
This is criminal actually.
I re-watched the big short the other day and one of the first scenes in the movie states "you know you're in a mania when instances of fraud increase". With that I am glad I never got into crypto to begin with. I was on the verge, but stuck to my gut. If a crypto winter is to come I may consider buying some scraps but for now I'll just stick to the sidelines.
I just find it too taxing on my higher functions to be stressing about it. Perfectly valid to focus on learning/career or more trusted financial instruments. Spending every waking moment stressed out about the quick money (making it or losing it) is no way to live. Getting a windfall can be good, but not if you're stuck in a perpetual cycle of risking it all or blowing your life up.
With everything going on I would like to know if Web 3 is a real, tangible area to focus my studies on, or just a hollow buzz word. The algorithms and implications of crypto are fascinating.
Y’all wanted an unregulated market, y’all got one.
In many of these pie in the sky discussions, whether it be free speech or economy systems, so often do people just assume good actors. There are always bad actors, and those bad actors always complicate your models if your models are predicated on a spherical cow.
Moral of the story: that absolutest stance you hold is likely in a vacuum and will not hold true in practice.
You successfully sold the bottom 🥴
Theres scammers in every financial industry.
But in regulated financial services there are safeguards, consequences for bad actors and compensation schemes.
People are dumb; I studied the Bernie Madoff scam years ago. He was a classic bad actor. He operated outside the regularly environment by initially scamming his Jewish community.
All these scammers are very slick hucksters.
Invest in things that have a real world intrinsic value.
EG if its real estate only invest in built property, not off plan. Don’t but in places where you cant trust authorities.
Pretty much avoid companies with shady offshore brassplate offices.
Get rich slow
There is a lot less scamming when things are regulated, who would've guessed!
You're so emotional about everything lmao. Buy Bitcoin and hold in cold storage. That is how it has always been.
i told people at the end if you want to continue to invest then hold in cold storage but im permanently done until regulation specifically because of how many controversies there are and how many bad actors are involved in the space
it would be so funny if bitcoin exploded again lol
Honestly land is the best investment followed by skills and precious metals
Crypto didn't fail you. Centralized companies who sold you crypto failed you.
That's what crypto want you to believe
🤣🤣🤣🤣
Hey kid u wanna buy some 0 privacy transactions?
Hey kid u wanna buy jpeg for 800K?
Hey kid u wanna non fungible currency?
Crypto as an "investment" is a ponzi scheme. It may well work as a currency but investment... no.
@@toby9999 My 2017 BTC & ETH investment would highly disagree with that sentiment. You have to remember crypto runs on a 4 year cycle with BTC which only gets more scarce over time and Eth is now set to become deflationary with it's usecase
i know you didn't want to get political and i understand it, but the money laundering of tax dollars from the US going to Ukraine, then being used to buy crypto and then going to politicians in the US is the larger scandal here
great vid, agreed on all fronts
Fun party game: take a shot every time he says allegedly
update: nick (understandably) fell for the doom and gloom narrative. sidenote, markets are not the economy
can you please do more finance/crypto/investing videos? ... I need to be able to counter-trade your sentiment
he sold the bottom. now pamp it
He'll be back. They always come back.
You should create your own APP and get rich with it. That's your point!
Are you really sure about this? It’s just the person running FTX who was the problem (with their control of it not checked by employees with the same amount of control). And FTX really weren’t a legit crypto exchange yet. The media’s reporting on this was not forthcoming.
Just use BTC as it’s the legit currency. Other cryptocurrencies don’t matter.
BTC is not a legit currency when a lot of transactions are faked and it’s upside is supported by wash trading. If it was a legitimate currency why are ppl in El Salvador not using it as much as it should.
@@jherc12990 These don’t seem like real issues. I encourage you to research this more. Best wishes
reminds me of myself in 2014, leaving the space permanently right now is a big mistake that you will regret later. FTX collapse doesn't change the fundamental value of digital assets, and after the mania subsides is exactly the right time to be in the space.
Crypto was supposed to be decentralized. What's up with all this centralized exchanges. Why not just stay with the Central banks?
He's doing 25 years in the slammer if that's any consolation
Peak fear. Start stacking soon.
So you just followed what a bunch of influencers said when they started investing in the crypto spaces, and you got rekt.
And now you're again following what a bunch of influencers are saying, and leaving the crypto market.
You can do what you want with your money, but this is a very bad way to manage it. If you're just in it because "number go up", and not because you understand it, then you're not investing, you're just gambling, and jumping on hype trains.
Agreed crypto is a bad space to be in right now.
Everything interesting and legitimate happening in crypto is happening in defi and mainly only on Main net, Optimism, and Arbitrum. You can get 10-30% apy on delta neutral collateral with actually revenue generating protocols like GMX which is a fully noncustodial trading platform similar to FTX but you have full control as a user over your funds. The problem with a lot of so called crypto people is they really never got into crypto but just liked trading it on a centralized exchange. They’re just goofballs who like to stare at charts.
Fuck yea dude. This makes your channel even more legit!
That's it, buy the top sell the bottom good job!
He did change the world by supporting Democrat, and then Democrat sent ammunition to Ukraine, and Ukraine also heavily invested in FTX. So it's a win-win situation :)
OMG, I cringe everytime I see her in that video.
Bitcoin, not crypto!
And keep it on cold storage
Remember Bitcoin and Crypto are different.
Crypto has never been an investment vehicle. Investments are assets one buys to keep, in the expectation that the asset will produce income (dividends, interest, etc.). Crypto has never had any way to earn income; the "profit" model is to buy low and sell high.
Sad for those who lost their monies
when you add the sponsers and ads on your videos, I get the feeling of that your content is worthless. this is becouse youtubers are making content based on sponsers and ads types to make more money. thus focusing on the content loses it's value. I do not know why i feel this. but if you want to make content of good value, please make good content.
I'd love to hear more from a web3 dev perspective. This sounds more like a warning to investors.
Pro tip: If it's a get rich quick scheme, run!
I work in the crypto game space but the investors (multi million dollar firms) are *very* weary rn. Many were rekt by the FTX news. In general there's optimisim for the long-term and money still pumping in but it's harder to pull off investment this time around. During the bull-run you didn't even need data to back claims as-long as you had some influence in the space but that is slowly changing, conventions/investors are drying up. Speaking of conventions I heard a recent one in SF was a ghost town from a colleague.
@@xx-wp3mq That makes since it's as if this is the end of the fad. I hope we continue looking into the tech though.
Eh I was a Solidity Developer for a while, but even on tech side of things it's going away, people are beginning to realise that almost everything Blockchain pretend to do, there is something else which can already do it if not better. The niche applications of Blockchain are so few that it's almost not even worth it to pursue for 99% of the companies.
As the famous saying goes, 'Blockchain is a solution in search for a problem' and if there as genuinely something that could only be solved by it, people would have discovered it by now.
Currently in tech side more work is being done in zk based technologies.
@@the_crypter you can store a million dollars in usdc in a string. yeah, nothing to see here.
I’m dove with it. It’s garbage.
It is the geek effect - these people seemingly trust these geeks because they don’t fully understand what these geeks say anyway, and instead of looking stupid they accept it because they trust geeks. I am a geek(PHD) - but I have seen plenty of PHDs that are crap.
Buy high, sell low
Smart
Bitcoin being regulated defeats the point of cryptocurrency lmao
no it doesnt. it would regulate the exchanges so they can be prosecuted for fraud like FTX, you cant regulate the USE of it, becauyse its a method of exchange.
Unless it is outright banned but that is not going to happen either.
Great! Confirms we're close to a bottom.
He gotten beaten up by bullies
I left investing earlier this year and i am so happy that i took that step
Same i wanted to focus on exams, sold everything and it went all down hill from there.
Trade STOCKS. Brokers don't even charge any FEES!
Nick, do you sleep?
this mess isn't affecting bitcoin at all. If you would dig deep into bitcoin and really understand it on every dimension, you would see the use case of uncensored, indestructible (digital!) hard money. In the long run, humankind will be in the situation where this is exactly what we need. because everything else (financial systems, currencies etc.) will be fucked up.
The problem is BTC isn’t very composable or technically sophisticated enough to make it programmable money.
why you are all chickensh so much than just keep them and wait..the main principle that people under 40 can not perceive
just wait till USDT/Tether collapses. that is what is keeping the entire crypto market together
This Sounds like a bottom indicator to me
not very smart of you
Bitcoin was born out of the 2008 recession… we’ve been here before
Bull is coming 💪
Isn’t SBF’s parents like the most powerful lawyers?
FDIC and sure, don't mean s***You'll see this in the future just watch it'll be worse than f t x
He did not believe this could happen... exactly why he fell for the scam!
lol
You buy high and sell low..end of the story!!!
the whole thing is just so crazy how these cons can get to a global scale, i mean they were running super bowl ads. It's fine everyone wants to get rich, you just have to not play yourself or risk too much ever.
if they flee and take the money, someones gonna find them and cut them into little pieces.
my man sold the bottom
and made a video about it
the crazy thing is so many other people already were scammed in crypto and it still happen again lol
People are greedy
Me too, man. I don't trust it anymore.
because is no longer profitable
What happened to the mene video ?
Cryptocurrency always seemed like it wouldn't solve the issues it was designed to. Or at the very least, create a lot of other pretty huge issues in the process. Plus the huge waste of electricity.
but web3 will be the next thing, and you can invest in smart tokens etc, because trasnactions will be held even the itnernet in general due to better security on web 3,
Time to buy soon 😂
That's a good decision NIck.
Cryptos is all a scam
cowards
RIP
🤣🤣🤣🤣🤣🤣🤣🤣
Nick, your quality is awesome🎉
just short it 5x leverage and a ton of margin and quit crying. then wait 4 years and long it and take profits on the way back up to the moon... you cant be a good trader if you just get emotional about news that comes out and then you quit
i sold all my eth at $1600. walked away with $45k. am i going to quit crypto now? no this is the best time to get involved lol. no dont buy the dip but if you quit youre going to not be ready to make money when it is time to again
investing is not trading. you dont invest in these coins. theyre a cycle,, let the market makers and institutions set the price. you just ride the wave, whether your trade is long term or short term you should not be investing in this dog shit. maybe 1% of your networth to bitcoin but thats about it, that being said i trade with 25-50% of my networth
Exactly, been in it since 2016. There will be ups... and there will be downs. Don't be afraid to take profits either.
LAMAO 🤡
I did too! Stocks trading is way better. Also brokers offer trading with NO FEES!
So crypto, that supposedly was to be so secure, so decentralised, is so centralised by few rich kids, who take your real money giving some crypto dreams, and of course it will need "regulations" now... so libertarian! But wait, there is blockchain! Well the fact that it actually isn't used anywhere and is not needed anywhere, doesn't change the fact, that you can speculate on some imaginary coins, so that few guys can get rich.
You'll be back comrade ಥ‿ಥ
Bit🌽
Great video Nick 👏
But they said Bitcoin would hit the 200k by the end of the year
No one said that. Cause and Effect also applies to the financial markets, we need a very slow and sideways moving bitcoin in 2023 for a bullrun resulting in a new ath
Watch Trader University with Matthew Kratter regarding BTC.
You sold the bottom.
𝔭𝔯𝔬𝔪𝔬𝔰𝔪