Late Stage Capitalism

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‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash (IMO they deserved it and only have themselves to blame) (theguardian.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 16 points 2 years ago (37 children)

There is a lot here to unpack.

The MSM hates crypto and they love reporting when it's down but are quiet when it's doing well.
Even stupid shit coins like Shib and Doge will rebound when bitcoin picks up.
Banks and trading platforms need to be regulated much more for stocks and crypto. They purposely let people get in too deep. Crypto investment should be with spare cash you have, not loans etc
Social media need to start being responsible along with knobs like Musk. People buying a coin because it's trending on twitter is the dumbest shit ever.

[–] [email protected] 3 points 2 years ago* (last edited 2 years ago) (30 children)

why is everyone acting like crypto is just done for ever now? If so I've lost a lot of money.

[–] [email protected] 1 points 2 years ago (1 children)

I find it hilarious. Crypto hasn't even really got started as far as I'm concerned.

[–] [email protected] 2 points 2 years ago

Wish I could actually get a job then... might work for my parents tho since I already have work from them. not the same as some short term employment to buy some more crypto now vs later

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