Crypto victims see a number on a screen and think that because this number exists, it must mean that there’s value that justifies it. And they’re ready to believe any fairytale that validates this belief.
That’s how you get something for nothing. By mesmerising suckers.
That’s how you get something for nothing. By mesmerising suckers.
Don’t be a sucker. Ask why a thing is worth something - anything. Don’t be impressed by word salads. Everything in this world can be explained with words a five year old will understand. If an explanation can’t part with bullshit like “byzantine fault tolerance”, it’s a scam.
When you buy something, there’s someone who’s selling it to you. That someone has owned that thing for a while, and he knows much more than you about it. So if you think that buying that thing is such a slam dunk, why is that guy who knows much more than you, selling it?
Unless you’re an insider, the moment you get the chance to invest in something, the battle is over. By the time the trend is established, the “opportunity” is explained to the masses, it’s too late. You’re not as much investing as enabling insiders to cash out. Enjoy your bag!
“But if you had invested in this thing 10 years ago you’d be rich!” Well, invest in that thing 10 years ago then. If you think you’re some genius smartass because you noticed something 10 years after the fact, enjoy giving your money away to actual smartass geniuses.
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