Purgatory Kung Fu Snake oil Salesman
- Jul 13, 2019
People that get in early become ponzi pushers easily. "buy the dip", "hodl for life", "you don't have to buy a whole bitcoin", "fiat is dead". The shit gets old fast.Fucking crypto is starting to turn into this digital fedora. And it's all Sam talks about these days.
I get it, he made a alot of money because he got in early. But it doesn't work that way anymore nowadays.
Gambling on what could be the "next big coin" is essentially the same thing venture capitalists have been doing for decades.
So it's shit advice for the average guy, unless you've got ALOT of money to burn.
And that's the other part of the problem. Most people don't buy crypto for the sake of accumulating crypto. As in, to use it as a alternative currency.
They just want to "bUY ThE diP" and exchange that back into established hard currencies to make a quick buck. Which just turns crypto into a simplified stock market.