I don't know why all you idiots are arguing with @johnarb . I argued with him as well a few years back when he was posting regular updates to the bitcoin price each time it went up another 1k. I didn't want to believe the hype because I was locked into the wrong viewpoint. In that time, he has made more money than I think all of you, and I'm guessing this is at least a few million. So this right here deserves some attention. Here at ET, who ever makes the most money is king in my books. I'm happy to say I have seen how wrong I was, and although my timing was a bit off, I have learned lots of guys got into bitcoin or crypto either in 2013 during that dump, or 2018, which was another bear market. But in all cases, bitcoin continued to survive and not only dramatically increase in price but also in adoption. Bitcoin has finally won me over, and I feel like I'm late to the game. But since all you fuckers keep arguing with him, I see that maybe I'm not so late after all since all of you need to be won over as well. Its honestly a gift to be able to buy bitcoin right now, over 50% off from ATH. But if you don't want to be humble and learn, that's fine, you can always get in later. I love the phrase "everyone gets the price they deserve". And on that note... I have to go to my shit fiat job. Does John have to go? Fuck no.... he saw the light early! Which of you fuckers arguing with him can say this?
Yes, multiple stocks are traded on multiple international exchanges, making them global assets. You wanna compare assets, then don't be a dickhead and apply filters that you just pulled out of your ass. As an asset class 2023 YTD crypto performance was anything but stellar either.
That I need to disagree with. With currencies such revaluation occur in real time and can happen within an hour alone. What should he compared is volatility, a standardized measure of the variation of the return of an asset over a past window.
Lol, are you able to EVER respond to someone else's point? That requires listening!!! @Overnight drew up a scenario and you make up your own story. A dialogue requires both parties to participate. You just talk to yourself the entire time...you can stop... You duped yourself into believing your crap a long time ago.
This guy never even made 10k in cryptos. Are you kidding us? He is as immature a snowflake of the social media generation as could possibly be.
His account has been around since 2017. Even if you don't believe his countless posts, you don't think people who were in crypto since 2017 made a killing?? Jesus... You really need to evaluate your thought process for how you come to this conclusion.
Most people made little to nothing. Many even lost, picking up small pieces early on, then loaded up at above 50k levels only to be currently deep in the red. You need to stop being so naive...johnarb has nothing to show for his big mouth, unless of course he is dodging taxes and a criminal and hence hides his exploits. But I doubt he has, narcissistic guys like him can't control themselves, they must show the world how great they are. Yet johnarb has nothing to show for. Just a big wide open mouth.
That may be true, however, it is the wrong kind of thinking. You go long into blue-chip cryptos because of the asymmetric nature, and where it is going. Not simply because something is on a discount from a previous high.