R.I.P. Bitcoin - $19,158.35 and falling fast

[IPD]

1 hour ago, Action_Johnson said:

I mean, if we really want to see Crypto crash, I'll just buy some. 

 

Every single stock I've ever bought has shit the bed. Worst one so far has been Rivian, I lost just about everything on that one. 

Rivian isn't dying, but they were overvalued.  And usually by the time hype picks up about a stock--the bulk of profits to be had--have already gone.

 

If I were looking for a stock right now, I'd be keenly sniffing out any companies with a battery technology that doesn't require rare earth minerals--but is sufficiently compatible with the demands of EV's.  Because that company is going to be worth a small moon.

[DaveMath]

coincels, when will they learn

[Kilrah]

4 hours ago, IPD said:

I'd be keenly sniffing out any companies with a battery technology that doesn't require rare earth minerals--but is sufficiently compatible with the demands of EV's.  Because that company is going to be worth a small moon.

IF it works out and doesn't turn out to be yet another scam... battery tech has a poor track record, for the obvious reason of better batteries being wanted by basically everyone quite a few have been tempted to overestimate their capacities if not completely lie about their project, get tons of investment, and end in "oh well it didn't work out"...

[Kilrah]

On 6/24/2022 at 2:35 AM, Bitter said:

Don't they halt the stock exchanges sometimes? Robinhood froze their services. 

That's absolutely not normal and there was a lot of wrong and illegal with Robinhood to cause that.

 

 

[wasab]

You cant still make money on crypto even if it is down. just short sell the shit out of them. the more they crash, the more money you make. If i had short sell the hell out of LUNA and USDT like all those hungry shark opportunitsts, i wouldve made a fortune. Although it would probably accerlerate the collapse of the crypto market. For those crytpo sketics, here is your chance.