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/biz/ - Business & Finance

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8925242 No.8925242 [Reply] [Original]

Stage 0: Reluctance
>"Crypto's a fucking scam. Lmao if you actually buy that shit"

Stage 1: Bitcoin
>"Hmmm okay maybe I'll buy some Bitcoin after all, blockchain is starting to make sense."

Stage 2: Top 10 Alts
>"Woah, coins like ETH and LTC have way more room to grow and have a stable following. Fuck BTC, it's a dying old wasteful piece of shit anyway."

Stage 3: Tokens
>"Holy shit, tokens like OMG, VEN, LINK, and REQ are going to literally change the world. Fuck ETH and LTC."

Stage 4: Low Cap and ICOs
>"At this point, I understand these markets. Shit like OMG and VEN are way too overvalued. I'm going all in on ELA and JNT. Way more room to grow there."

Stage 5: Understanding
>"Wait a second, most of these coins and tokens are extremely centralized and sensitive to whether the company can even procure business. Are they still even crypto? I guess I'll just hold. I mean, I'm diversified enough I suppose."

Stage 6: Peak Knowledge
>"These tokens and centralized coins defeat the purpose and are literal gambling. Decentralized currencies and commodities like BTC, XMR and ETH are basically guaranteed to stay afloat. Everything else is glorified stock in shitty start-ups, 90% of which will die because the devs just stop updating. Maybe I'll toss 10-20% of my investments into low-cap shit."

Stage 7: Patience
>"I know what I want to buy, but market sentiment is still negative, and it'd be wise to dollar cost average my way into each holding. While that's happening, I'll trade futures w/ minimal leverage to make meager profit until I fully enter my long-term positions."

>> No.8925255

>>8925242
Stage 8: Realize it is a zero sum game and 95% of all coins will be worthless one day.

>> No.8925291

Stage 9: realize that the only coin to save them all is chainlink, so you go all in and fucking wait for EOY

>> No.8925307

where the point where people realize that the pumps are done in minutes and he repeats its organic and healthy growth not manipulated at all

>> No.8925325
File: 292 KB, 642x692, zqqyeikekab01.png [View same] [iqdb] [saucenao] [google]
8925325

>>8925242

>> No.8925378

>>8925242
Fucking oath OP

>> No.8925413

stage 10: crypto is all scam and shit, I am going back to govt regulated exchange to buy stocks

stage 11: stocks all shit, i am goint to buy low yeilding bonds.

stage 12: money is shit, and i am going to live with minimalism.

stage 13: life is shit, i am going to end it

>> No.8925460

>>8925242
https://www.youtube.com/watch?v=TZYslsTyPik

>> No.8925504

stage 14: realize life big joke, decide to live out rest of life as a cutie loli

>> No.8925509

>>8925242
Accurate, gj OP.

>> No.8925543

are you me?

>> No.8925552
File: 955 KB, 1066x781, 1467202797779.png [View same] [iqdb] [saucenao] [google]
8925552

>unironically believing btc has any non purely speculative future when it will never scale

>> No.8925557

>>8925242
Last stage: leverage day trading on bitmex as a full time job and making big bux before getting the fuck out

>> No.8925558

>>8925504
stage 15: Buy LINK!

>> No.8927012

Stage 16, SELL SELL SELL
Stage 17 FOMO back in

>> No.8927063

>>8925325
>>8925325

This, 100%, but by the time we realise it we have degen'ed away all our fucking btc.

FML. I am down from 15btc to like 3 ¬_¬

ALT COINS