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Topic'Stable'coin holding up crypto house of cards may not be so stable after all
David1988
06/17/22 6:47:46 PM
#10:


Rathinor posted...
OK, but let's be clear. You shorting crypto is not making money off of crypto. It's making money off gullible fools who got suckered in

Shorting requires someone to buy your short. This isn't just crypto, shorting stock is the same thing. My point was crypto itself is a scam. You're just making money from speculative bets at the expense of the morons suckered into the HODL mentality. Bravo to you and all, not saying negative stuff against you personally, you're just taking advantage of a system that's broken as hell, just emphasizing that crypto itself is dying.

eh I get what youre saying but I would bet dollars to donuts most people who are involved in crypto are in it to make speculative bets, the HODL crew are just the loudest segment that keeps the train going so they are most noticeable. Personally I have no beliefs about the future long term success of crypto as an investment outside of maybe BTC itself


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