Days like this...
Days like this are my brutal reminder that crypto isn’t an investment. I just can't call it an investment anymore. It is straight up gambling. A casino where the house always wins, and the house might just be North Korea. The most heavily sanctioned country in the world is the only one winning.
Some are going to call today's massive crash a correction. But watching altcoins drop 50-60%, with some taking a 30% nosedive today alone, feels less like a "correction" and more like a hostage situation for your portfolio.
Ethereum just got looted for $1.5 billion, and the only people making money seem to be hackers, whales, and Hawk Tuah Girl and Adam22 on Twitter still shilling "their 100x meme crap"
Telling someone to invest in crypto at this point is like handing them a lottery ticket soaked in gasoline and whispering, "Hold on for the moon."
The "decentralized future" looks a lot like centralized suffering, and the only thing truly decentralized is people losing money.
This market isn’t volatile, man.
It’s just hostile.
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