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I feel for the poor, or middleclass, person who is losing on crypto. I do not feel for the wealthy boys whom have been taking advantage of essentially free mon
by donthellbanme 4y ago
I feel for the poor, or middleclass, person who is losing on crypto.
I do not feel for the wealthy boys whom have been taking advantage of essentially free money (ridiculously low interest rates for way to long) that speculated on crypto for basically bragging rights.
I always felt crypto platforms should have put limits on accounts. A few grand at most.
If they crash--I will bet it's due to wealthy boys gambling with crypto.
Basically the only members of society that could get those 0 few point loans were the wealthy.
It seems like they didn't even believe in the movment? All they wanted was a quick buck, and bragging rights at the hootenannies they frequent.
It's the poor people, and middleclass, whom were tired of .0025% on their cd that were enticed.
Sure they should have gone with a Vanguard----but didn't really have enough to invest to make it really worthwhile.
Crypto seemed like the better option besides Lottery tickets.
The poor/middle will be able to collect a bit of interest on CD's with rates rising. I would love to get 5% on a CD.
I have no clue to whether crypto will live, or die. I still regret not buying the three graphic cards I had in my Amazon Cart a few years ago though.
I was so close to building my rig, but thought you guys were right, and crypto was a bad bet.
I have found you guys wrong on pretty much every prediction, but believe you on crypto.
Irregardless of who wins, crypto wasen't a crazy idea. I just have a feeling the wealthy boys ruined it for everyone, as usual, by being greedy with their huge leveraged transactions.