- cross-posted to:
- memes@lemmy.ml
- cross-posted to:
- memes@lemmy.ml
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I think I saw this meme for the first time in 2017
What’s funny is that, in 2017, the ETH high was something like $12. (It got up to $1300 in 2018)
Now, it’s sitting at $2000 and it’s a “crash”.
The lesson here is to buy the dip and then check back in 5-10 years.
that is the rule with all crypto. just pick one of the 40 thousand made, but it, wait a decade then sell it.
This is what happens when you don’t use crypto as god intended: purchasing medication from India and subscriptions to indexers.
Purchase Bitcoin right before purchase. Watch the spare change left over go up and down and imagine all the millions you could be winning or losing.
God damn! Have a little sensitivity lol
What is an “Ethereum”? Some sort of subscription?
A cryptocurrency that recently lost a lot of its value
I can’t wait for people to realize they’re all in a pyramid scheme together. I’m sick of hearing bros saying crypto should be part of my portfolio.
If you can hold it long-term, it’s a fantastic investment.
If you’re a day trader that can’t look away from the charts for more than five minutes, then crypto definitely isn’t a good idea for you.
I’m sick of not hearing people saying that stocks and the rest of the casino economy are the exact same scam.
I don’t disagree, but there’s at least some capital and speculative value behind those companies. Crypto is straight up arbitrarily finite.
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It’s a decentralized network running a virtual machine with its own token to pay for usage.
Ha ha!
No, man. People are sounding like these prices are fixed, when we’ve seen time and time again that crypto prices are cyclical.
Now’s a time to buy. ETH is at a 50% discount. Your assets would be in a pretty good spot right now if you’d bought Bitcoin in 2017 when it “crashed” to $4000 per unit. I picked up shares of EZBC at an average of $32 a share (currently hovering between $45-$50 in a supposed crash) and XRP at 50 to 75 cents, currently hovering around $2.10.
What you do is invest, and then just forget about it and let those assets sit. Investing is about forward-thinking.
Is this really a cycle? The interesting thing to me is, as others have pointed out, it’s mostly dropped right along with the stock market. Not looking so much like an uncorrelated asset.
It is uncorrelated to the stock market.
What it’s not uncorrelated to is the chaos of the Trump presidency.
Ah yes the price is returning to where it was 4 months ago just like the stock market. So people who have been buying at the peak for the past 4 months might have lost some money. Otherwise it’s still up like 10000000% historically.
Nobody cares except the anti-crypto ideologues with their misinformed memes.
