Throughout this sub and pretty much every crypto related sub you see people making comments that they believe they'll be rich from crypto. I can never really tell if this is a truly held belief or just a continuation of a meme, so I thought I'd ask here with a serious tag and try to see how people genuinely feel. And to clarify I'm not talking about crypto going 2x, I'm talking about people who think they can put in a couple of grand and they'll have more than enough to retire with a yacht
To me, even if you put all of the utility arguments aside and assume it'll be widely used, I just can't see large numbers of people becoming hugely rich while doing absolutely nothing beyond buying in and waiting.
The value has to come from somewhere. In the beginning the value came from people buying in and some people did indeed get rich, but it feels like the threshold for that has been long crossed, and there are simply too many people bought in already for there to be enough scope left in it for gains of that scale. But that said, I'm very much open to hearing opposing views and the thought process that leads to those.
Ideally it'd be good if everyone can openly voice their true views without getting downvoted by people who hold a different one, so I ask that where possible you reserve comment downvotes for comments that are not good contributions to the discussion rather than view you disagree with.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments