So here we are with another downswing(crash). Which whale precipitated this?
Just liquidated my assets and returning them to 'reality'. Some are gonna say I don't have the stomach for it but, it's really a matter of logic. I should have listened to Warren Buffet who is not a hater but a genius investor. This shit will NEVER go mainstream because of it's very nature. Any system that is unregulated and has the human element will be inherently corrupt because we are all self serving scumbags. Think of every financial scam that has ever existed and it is being worked with crypto. No legitimate financial institution or people for that matter are going to throw their money away on a system that has no stability or regulation when there is already one in place. I've learned my lesson and will NEVER use crypto currency to make monetary transactions. I'm not saying there isn't money to be made but it'll be blind luck short term or part of a pump and dump scam, shilling, or some other illegitimate operation. Wish you guys all the luck. A lot of good people here many of which are self delusional looking for those Lambos. It's not going to happen for 99% of you. Pay your debt off or invest in a tangible asset like a small business or something. GL all.