arrow_upward

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What's your Backup Plan ? Future and Investments
#7
(02-02-2021, 12:25 PM)sohamb03 Wrote: Yeah true. Market fluctuations are a thing in crypto, and it's even more than stock fluctuations to be honest. You can only profit if you're a long term holder, in the short run it always appears as if the price will fall (it does to an extent ngl). Remember the bull run and the huge fall of 2017? Lots of people sold their holdings back then and duh ... they repent it now. 

Well, when BitCoin had just started their was a website which gave you free 5 BTC for just visiting. Just imagine! I came across someone in one of the crypto communities on Discord. He'd collected those faucet, but eventually lost his keys. Now he regrets so much, he's ageing and the $150K would've been of so much help to him now, but that's gone, with two long string of random letters about which he didn't bother earlier.

Yes. There are many stories like that about bitcoins. I remember a guy who mined bitcoins in the early days in an old desktop and stopped. a few years later he threw away the hard disk which has about 200 or 300 coins. so he only remembered that when bitcoins went over 20,000+ USD.

Also, interesting stuff happening in global stock exchanges. There is a war against those big funds which predict stocks, sometimes even causes unfortunate companies to crash. This is a US company called GameStop which was about to crash since some big experts predict share value would go down. It was at 5 USD. Then a Reddit group decides to rally against that asking small investors to buy GameStop stocks. Suddenly GameStop shares started rising and now it's at about 350 USD. Seems some big companies lost lots of money because of this sudden change of event.



Possibly Related Threads…
Thread
Author
Replies
Views
Last Post

person_pin_circle Users browsing this thread: 1 Guest(s)
Sponsors: VirMach - Host4Fun - CubeData - Evolution-Host - HostDare - Hyper Expert - Shadow Hosting - Bladenode - Hostlease - RackNerd - ReadyDedis - Limitless Hosting