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Every time it's the same: BTC pumps a little and you see idiots going "ImmA gO aLL iN inTo BtC bEcauSe fIaT bAd"

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by COINS NEWS 45 Views

First of all, you're an idiot and you're reckless.

Secondly, you believe fiat is about to collapse? You believe big banks are going to evaporate? Well if that happens, mate, BTC will be the LEAST of your worries because it will take some fucking cataclysm for this to happen. And even if this happens, investing in one of the most volatile assets on the market is really a shit idea.

It doesn't take a big brain to understand this. Investing your life savings, your food money or your entire wealth into crypto is fucking idiotic. Any person with half a brain will tell you this.

Stop being an idiot and think a bit ffs. You need an emergency fund. And if you live in a Western country, a couple of 100$ isn't gonna cut it.

It may look like a genius idea now to go all in into BTC or any other crypto but that's because it's been pumping lately. Anyone who's been in the market for a while will tell you the dips and corrections can be brutal. The market shows no pity. If you see your life savings evaporate, or worse, if you did the supreme stupidity of loaning money to buy crypto, the market doesn't give a fuck.

How many more times do we have to say it? How many more sob stories need to happen before people will understand: do not invest money you can't afford to lose. Do not invest your life savings and do not take loans to buy crypto

Don't be stupid come on.

submitted by /u/OldPyjama
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