Faz's Crypto Thread

I think it contradicts some of the other stuff he's said tho

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is the stock market about to crash?

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Correct yes, crash maybe, But I think it'll bounce in any case so it's not worth losing sleep over

The only thing that is true is the amount of hype that correlates to a coin via the internet.

The more people talk about something the more it grows, when something gets too much attention it becomes too good to be true (dogecoin).

Idiots fell for it lmao

holy fucking shit you are very stupid

That doge thing was dumb but Scene do be driven almost entirely by hype given that there's no legit use cases or mainstream appeal yet. Just important to spot the difference between artificial hype and real consumer interest rn

he is saying that the only projects worth investing in are the ones that arent yet mainstream. this is false. the death rate for a coin after 4 years is about 95%. investing in btc/eth has historically been by far the safest. most investments in alts end up going to zero.

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Make sure you dont forget to invest in love.

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Yeah I just meant those are the real things to be hype over. All of them have some degree of artificial hype behind it, and BTC might not have innovation in it's future but what it's provided (and being super first to market) is enough to say it has real hype and thus strong consumer interest, so high price floor potential etc.

Similar with eth. And even Algo, polka or whatever. Real tech and some actual applicable use case that's different or better than competitors means more real hype and speculative interest to bank on.

Basically **** doge and complete meme stocks

Yeah I mean “real use case” and “innovations in tech” only get you so far in crypto

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wrong thread you're banned

Farther than the others atleast

L-look! The corrupt country is using it!

Btc will dump to 31k very soon. It wont break 48.9k.

:laughing:

You should probably short then

I probably should eh

I really hope you are protecting your money. I sold all my spot bags at 51k. I have been all cash trading leverage since then

Here is how you get the local tops

You can see it on daily chart better below....