Crypto not making any sense

[Anonymous No.24162409]

I'm new to crypto but isnt the simple fact that there are 50 different currencies with new ones created every week a dead giveaway that its a garbage investment?

[Anonymous No.24162432]

Why do you faggots post. Just fucking lurk

[Anonymous No.24162500]

>>24162409
Then don't invest in it, miss out on the gains and rope you pretentious little cunt.

[Anonymous No.24162522]

Theres a lot of scams, bu theres also a lof gold

[Anonymous No.24162536]

>>24162409
N

[Anonymous No.24162549]

I

[Anonymous No.24162551]

>>24162409
kill yourself, newfag

[Anonymous No.24162553]

>>24162409
Sell signal

[Anonymous No.24162579]

I'm new to stocks but isnt the simple fact that there are 50 different companys with new IPOs created every week a dead giveaway that its a garbage investment?

[Anonymous No.24162593]

>>24162579
No. Companies generate revenue.

It's not the same thing.

[Anonymous No.24162594]

it's a technology platform you goof
you're investing into companies like you do stocks but on this technology platform your stocks are called coins and they have use cases within that new system
link with smart contracts will allow you to use your linkie coins to do smart contract shit at some point so you're buying utility into that technological platform and each of these companies use that new form of trade to get money from people to launch ventures that many different people could be interested in

it's pretty good stuff you'll like it

[Anonymous No.24162611]

>>24162593
yeah nice printed revenue government thanks for diluting the dollar to hyperinflation

[Anonymous No.24162627]

>>24162409
get in the right ones like EGO

[Anonymous No.24162629]

>>24162593
Wait, but not all of them right?

[Anonymous No.24162642]

>>24162409
I was going to type out something helpful but then I realized better.

FUCK OFF NIGG

[Anonymous No.24162643]

>>24162593
kill yourself for real

[Anonymous No.24162647]

>>24162629
No not all of them.

[Anonymous No.24162673]

>>24162593
You're right. We should just let the Chinese invest in and control this new technology. I'm gonna buy Coca Cola instead

[Anonymous No.24162709]

then ignore and go about your business as usual like the rest of the normies

[Anonymous No.24162731]

it is total bullshit but tptb seem intent to foist it upon us anyway so i might as well make some cash for doing nothing.

[Anonymous No.24162740]

>>24162593
kek, retarded boomer. even if it was a scam ponzi buy it anyway and sell to retards later

[Anonymous No.24162790]

Is Index Universal Life a scam?

[Anonymous No.24162807]

>>24162409
Yes, you should short it.

[Anonymous No.24162833]

>>24162409
>there are 219 nations with currencies, isn't that a sign that all money is useless?

[Anonymous No.24162870]

>>24162833
No. Those currencies are used for trade within said countries.

It's not a "use case" they actually get used.

[Anonymous No.24162872]

>>24162409
1/10
good concept but you could take it a lot farther

[Anonymous No.24163226]

why would anyone buy amazon when there can be infinite companies?

[Anonymous No.24163248]

>>24163226
theyre betting on amazon continuing to perform at the level it has

they have scaled hugely and it seems to them like its a safe investment

[Anonymous No.24164039]

[Anonymous No.24164107]

>>24162409
Learn how to mine. Mine Safex. buying other people's bags and praying they moon is a recipe to stay eternally poor.

[Anonymous No.24164193]

>>24162409
>I'm new to crypto but isnt the simple fact that there are 50 different currencies with new ones created every week a dead giveaway that its a garbage investment?
There are tons of small businesses created every day, too. (Well... maybe not as much these days.) Does this mean that investing in companies like Google and Apple is a terrible idea because publicly traded companies are clearly garbage?

[Anonymous No.24164210]

>>24162594
This actually gave me a better understanding and a better direction for researching. Thanks kind sir.

[Anonymous No.24164232]

>>24162409
Yeah it's overwhelming, and 95% of all coins are scams, which is why you should just stick with BTC/ETH/LINK until you figure out what you're doing.

[Anonymous No.24164253]

>>24163248
no one gives a shit about your low quality bait. sage.

[Anonymous No.24164379]

>>24164210

[Anonymous No.24164417]

>>24162409
>Crypto not making any sense
>I'm new to crypt

goodbye have a nice day

[Anonymous No.24164427]

>>24162593
Thanks you are absolutely right how come I never thought of this wtf. Just sold everything and moved it into amzn and Microsoft and Sony because I like Ps5

[Anonymous No.24164458]

>>24162409
Think of it like websites, a million spring up and don't go anywhere, doesn't mean none of them are worth anything.

[Anonymous No.24165095]

it's not supposed to make sense you stupid newfag fuck.
sneed

[Anonymous No.24165151]

>>24164232
This

Don't go looking for "cheap" coins because you think you're too late to the BTC ETH LINK party

[Anonymous No.24165195]

Crypto is glorified gambling. Anyone who tells you otherwise is a scammer who wants you to buy their shit coin or a legitimate retard. There's a reason no real investors who actually made it would ever go all in on crypto, let alone put a sizable portion of their investment in it.

[Anonymous No.24165237]

>>24162594
why would you even bother with this fag. let him sit on the sidelines.

[Anonymous No.24166178]

Ok, then please go away.

[Anonymous No.24167052]

>>24162409
>Can't wrap his head around crypto.

NGMI

[Anonymous No.24167143]

>>24162409
Oldfag here, get off biz and never look back. Crypto is a giant scam. All the money that can be made has already been made and there's no more gains to be made. Don't gamble away your hard earned cash.

[Anonymous No.24167178]

>>24162409
I'm new to stocks but isnt the simple fact that there are thousands of different companies with new ones created every week a dead giveaway that its a garbage investment?