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Author Topic: I lost $3,000 dollars in 3 hours on Crypto  (Read 498 times)

TraceOneInfinite Flat Earther 96'

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I lost $3,000 dollars in 3 hours on Crypto
« on: May 16, 2021, 11:42:50 PM »
never gonna do that again...

I felt left out seeing all these fellow anarcho capitalist libertarian types making easy money on Crypto so I thought, "hey if they can do it I can do it, I'm a free market capitalist" 3 hours and $3,000 dollars later...
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TraceOneInfinite Flat Earther 96'

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Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #1 on: May 17, 2021, 12:43:22 AM »
Oh in case you are wondering how... I bought that Pirate Chain Crypto when it was at 16 and as soon as I put in thousands of dollars it immediately dropped like a brick... all the way down to 4
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SuperSpider

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #2 on: May 17, 2021, 01:54:27 AM »
Lol crypto ain't just about buying something because you fell for the hype. You gotta put effort, time and studies into it
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TraceOneInfinite Flat Earther 96'

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Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #3 on: May 17, 2021, 02:44:11 AM »
Quote from: SuperSpider on May 17, 2021, 01:54:27 AM
Lol crypto ain't just about buying something because you fell for the hype. You gotta put effort, time and studies into it

I bought a $300 subscription to a Crypto investment website for advise on what plays to make.  This was the play they told me to make.  Only I didn't know how to do it.  Everyone said, "just use coinbase", but coinbase kept trying to register me through my overseas phone number to verify, but I am back in america so I couldn't verify my overseas number.  Then other sites like Kraken and Binance had a wait period for money to be deposited to your account.  Long story short I had to actually go to a friends house and basically have this dude do it for me.

So I tried to invest early when the coin was worth 5.... but by the time I finally the time I finally got funds onto the website to purchase the coin... the coin was already at 16... and as soon as I purchased it, it dropped like a brick back down to 5.

...as far as research I was paying for an investment advisor so technically they were supposed to have done the research.
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Sccit

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #4 on: May 17, 2021, 08:31:58 AM »
if you put all your money in the right crypto about a year back youd be rich right now
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TraceOneInfinite Flat Earther 96'

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Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #5 on: May 17, 2021, 01:37:47 PM »
Quote from: Sccit on May 17, 2021, 08:31:58 AM
if you put all your money in the right crypto about a year back youd be rich right now

Well sure but nobody knows what is the right crypto because nobody knows the future.  Some might make good picks and some might get lucky, some might get good picks and still be unlucky.  For example, you could assess the whole market and think u made a good pick and then somebody like Elon Musk makes a negative tweet and the crypto drops and you lose thousands — or vice versa
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Sccit

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #6 on: May 17, 2021, 07:51:53 PM »
Quote from: Infinite Trapped in 1996 on May 17, 2021, 01:37:47 PM
Well sure but nobody knows what is the right crypto because nobody knows the future.  Some might make good picks and some might get lucky, some might get good picks and still be unlucky.  For example, you could assess the whole market and think u made a good pick and then somebody like Elon Musk makes a negative tweet and the crypto drops and you lose thousands — or vice versa


the right pick is based on research .. despite elon musk, btc is still x10 what it was last year 

coins like ethereum are safe bets
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TraceOneInfinite Flat Earther 96'

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Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #7 on: May 18, 2021, 03:34:20 AM »
Quote from: Sccit on May 17, 2021, 07:51:53 PM

the right pick is based on research .. despite elon musk, btc is still x10 what it was last year 

coins like ethereum are safe bets

Sounds like you got it all figured out bro... I should of came to you for the calls
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Sccit

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #8 on: May 18, 2021, 07:32:01 AM »
Quote from: Infinite Trapped in 1996 on May 18, 2021, 03:34:20 AM
Sounds like you got it all figured out bro... I should of came to you for the calls


you should speak wit roccy bout it, he pretty much spends his living doin it
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Your favorite posters favorite poster

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #9 on: May 19, 2021, 08:28:27 AM »
3k for crypto but not a dime for your son.
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MUHFUKKA

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #10 on: May 20, 2021, 11:59:59 AM »
Lol what an idiot. I know a dude who had bitcoin super early and cashed out for 60k thinking he was a genius. If he held onto it he’d be worth like 15 mill now
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Sccit

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #11 on: May 20, 2021, 03:29:39 PM »
Quote from: MUHFUKKA on May 20, 2021, 11:59:59 AM
Lol what an idiot. I know a dude who had bitcoin super early and cashed out for 60k thinking he was a genius. If he held onto it he’d be worth like 15 mill now


hella stories like this

i’ve been holding all my coins since 2017
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TraceOneInfinite Flat Earther 96'

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Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #12 on: May 25, 2021, 10:57:26 PM »
It's great to be in the company of so many wise people... sounds like ya'll got it all figured out when it comes to investing
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e_gyp

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #13 on: May 31, 2021, 01:47:39 AM »
don't jump in the pool (without a lifevest) if you don't how to swim
mistx
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Okka

Re: I lost $3,000 dollars in 3 hours on Crypto
« Reply #14 on: May 31, 2021, 03:04:47 AM »
Quote from: MUHFUKKA on May 20, 2021, 11:59:59 AM
Lol what an idiot. I know a dude who had bitcoin super early and cashed out for 60k thinking he was a genius. If he held onto it he’d be worth like 15 mill now

Oh shit. What's up, MUHFUKKA?
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