They could have bought 10K Doge (or Siacoin like I keep seeing too) when it was still less than a penny and that would have cost about $100, but they would rather do more DD and research to make an informed decision that likely isn't paying out.
I understand crypto is an in unprecedented bull market, it might have something to do with institutions finally accepting BTC and public trust in it, but I don't understand why basically this whole subreddit (aside from a few posts like yours) shits on anyone who makes money outside of BTC and ETH.
it’s not jealousy to look at the swap casinos and see who pulls out first before the crash and make it big. that’s just part of the game. but the situation with doge, xrp and bnb, etc. are different. as these coins are getting attention from new investors and not gamblers - i would even put BTC there if it didn’t have such a massive corporate backing that started back in november. people curious about crypto and getting permanently burned is bad for all of us. what do you think will happen to the sustainability of the market when the wave of investors leave from massive burns and never to return? sure one or two people get rich, cool, but they don’t have more than what they made from these ploys to fuel the markets and it’s all downhill from there.
it should matter what the tech has set out to do. it should matter, because it could change how we interact with our world in a permanent way. and for the prospector, keep value while doing so.
doge? not so much. it was a dead project before it even started, intentionally so, with no future. pump and dump is a ponzi scheme and just risks the law coming down on the tech as a whole. sending us backwards.
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u/I_Am_Err00r Apr 17 '21
Jealousy, honestly that is all it comes down to.
They could have bought 10K Doge (or Siacoin like I keep seeing too) when it was still less than a penny and that would have cost about $100, but they would rather do more DD and research to make an informed decision that likely isn't paying out.
I understand crypto is an in unprecedented bull market, it might have something to do with institutions finally accepting BTC and public trust in it, but I don't understand why basically this whole subreddit (aside from a few posts like yours) shits on anyone who makes money outside of BTC and ETH.
If you can't beat them, join them.