It’s not. At all. But you keep whining and we’ll keep seeing 100% returns or more every month. My ether etf is up 119% in the last month. What’s your return on your saving account? 3.5%? |
That’s a great return. I know my bank is paying 3.5% by making commercial and mortgage loans, how does your fund return 100%, is it investing in renewables or something? |
The ETF is called ETH. It’s set to pop tomorrow again because of bullish news on trade etc. I think crypto has another year or so of bullish times until it hits a cyclical downturn. Either way, if you hate money that’s okay. |
| Sorry, I meant ETHT is the name. It’s a 2x leveraged ETH etf. It’s up 116% in one month. |
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When it comes to crypto there are three groups.
People who are smart about it People who are stupid about it. People who don’t do it and are jealous of group one. I’m in group one |
I guess crypto can only go up!! You’re an investing genius. |
I guess you don’t understand the tulips analogy? At the height of the craze people were making a 2000% return in one month. If you sold all your tulip bulbs after it increased 20x, you were pretty happy…if you just kept holding you were wiped out. Hopefully you decide to realize some gains. |
Again it’s just a matter of being smart. Don’t put in what you can’t afford to lose and take some profit when you can and then you can’t lose. I put it $50k, withdrew $120k when it hit $200k and left $80k to ride. How can I lose? Explain. |
Option 4: people who stay away from it because it is nothing but a vessel for money laundering and hucksters. |
Subset of group 3 |
Correct…you took some gains off the table. Many people don’t do that and lose it all…or worse, buy shit on margin. |
Sure if $50k is pocket change for you that great. |
In the scheme of things yes, it is/was. That’s the point. |
This is a 2025 excuse. One given after the ship has sailed. You weren’t thinking it 5 or 10 years ago. Back then you were just afraid of it. Revisionist history. |
This this this |