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Comments by "" (@thehumanity0) on "CRISIS: $2 BILLION Pulled From Binance Crypto Exchange | The Kyle Kulinski Show" video.
@noel7777noel How tf do these comments have thousands of likes? This shit is insane
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@thatindiandude4602 Crypto has always been an alpha version of a decentralized global currency. Many of us invested (the smart ones who don't go crazy over hype and shitcoins) admit this up-front and that it has countless problems with it. There's a reason why a common saying is to never invest more money than you're willing to lose. It's all just gambling on speculation for the most part, but there are trends that you can use to make considerable profits as long as you invest at the right time and pull money out at the right time, while also being cautious and smart. Most people's problem is that they don't know what the fuck they're doing and don't take the time to learn and let internet hype dictate their financial decisions. Anyone who initially invested (long-term) during the last bubble from 2020 to 2021 is kind of dumb - I told numerous friends to not invest and wait until the market settled down and went bearish otherwise they wouldn't get in on the ground floor and likely just lose money (they did anyways and have now obviously lost money cause they didn't listen to my advice). I'm someone who invests in crypto but simultaneously hates the crypto culture that seems to only exist to hype up shit like dogecoin or some other useless hype coin with absolutely no real tech and innovation behind it to try to solve a lot of the current problems with decentralized currency.
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I made a decent amount of money trading in 3 different coins. I made sure to hedge my bets and always pull out at least half my money when I felt the market was peaking (or close to peaking). Idk, worked out for me honestly, and I always told friends to NOT invest while the market was in a bubble (they did anyways and I told them they were dumb). The trick is that you need to invest when prices are very low and try to control yourself from buying when everything is bullish. You just need to be cautious and smart about it and ignore all the hype and shit.
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Wtf even is this and why are scammers so horny to spread news about this garbage?
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"the public sale about to explode" Are people really stupid enough to believe this? The crypto market is likely going into a 1-2 year hibernation at the least. It was always inevitable but now with FTX and Binance shaking investor confidence, it's basically a guarantee at this point. I'm sure it will bounce back eventually but it will take time and people forgetting, just like what happened in 2018 when China banned crypto
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@chihiroogino7464 I mean people just want confirmation & assurance that the thing they didn't invest in (and missed out on) was in fact the correct decision for them. The truth is that crypto both isn't and is a scam. It isn't if you're investing on the safest exchange and in the coins with the most potential, avoiding shitcoins that are scams or scam-adjacent, and while also being careful and taking security precautions like putting your money into cold storage to avoid worries about exchanges like FTX going belly up. It IS a scam if you're buying into the hype of annoying crypto bros and scammers and buying into stuff like dogecoin when it's already reached $0.50 and people assure you it will go to $1 or $10 by the end of the month or year. Honestly, there's a lot of personal responsibility with this stuff & when people fail, especially when you don't understand the concepts behind cryptocurrency and the blockchain and why it's speculation to begin with or don't understand the basic differences between a cryptocurrency and crypto exchange. And yes, there are people who invest $3,000 at the height of a bull market and don't understand these simple concepts - imo, these types of people have no room to complain about what is and isn't a scam, and I'm generally a crypto investor who takes a pretty harsh look at about 95% of coins and pretty much anything to do with NFTs and all the new crap people claim is the next 'big thing' in the crypto sphere.
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@ilikeme1234 I can assure you that people actually invested in crypto likely don't give a crap about their image like that; they care far more about whether FTX's collapse will turn the market bearish for the next year or 2 and drive prices to extreme lows like they were in 2018-2019. At least if you're talking about real people that trade crypto, not the scammers on twitter.
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