The people stroking off to the crypto crash are narcissists

Baghodl!

well put!

LMFAO what about the people whining about how other people act?

Sorry bout your scam being a scam bro

Have fun staying poor

yeah and that 401k they love so much is about to get stolen... really sucks

It's too bad there isn't a market for shorting crypto. Unlimited potential gains from volatile crashes are uncapitalized, or only some can participate in those markets.

If someone will trade their hard-earned (fiat) money for a bunch of imaginary zeroes and ones, then he or she is a fool.

Personally, I have no patience for fools anymore.

I don't gloat over their losses, but I'm sure as hell not going to feel sorry for them, either.

I can only advise them to get out of that shit ASAP, before it all comes crumbling down, but it's ultimately only up to them if they'll pull their clenched fists out of that trap jar or not.

All crypto trading is for scalpers only.

At least they (hopefully) know what they're doing, and are aware of the (HUGE) risks they're taking by trying to outsmart banking (HFT) algos that rule that market, and are also capable of surviving inevitable losses.

If they don't, then they're fools as well.

You do know why no small player (either "investor" or trader) can profit in that market in the long enough run, don't you?

Let me put it in the simplest possible terms: A banking algo can survive a loss of $1 billion, waiting for the price to go back up (or down, depending on whether their bet/"position" is long or short), because it has the backing of the bank's funds behind it.

Can you survive a loss of $1 billion?

If you can't, then take a long, hard contemplation of what it truly means to go against that kind of money.

Here's an example:
* BTCUSD seems to be going down, and you're pretty sure that banking algo is behind that downward trend, so
* You decide that the best bet is to put a short on BTCUSD, with a "reasonable" (read: anything but reasonable) leverage of 100x. You're smarter than those stupid algos, anyway, so... you're going to show them WHO'S DA BOSS!
* Sure enough, the price keeps going down, and the banking algo that's been pushing it down must be at least $100,000 in the red at this point. Soon enough, you're going to fuck it all over, and fleece it for a hefty sum of $500,000 on your meager $5,000 investment.
* You start jumping with joy as you short is just about to pay off!
* ... when... suddenly... the price starts moving up! WTF! What the actual F***!
* You slowly start to sweat as the price keeps rising up, still hoping that it's going to get down once again. So you wait, not wanting to close your position and take whatever gains you can still get.
* ... and you wait...
* ... and wait some more...
* ... all along, the price keeps going up... and up... and up...
* ... and now the price is so high that you're basically back to $0 profits, but you still wait...
* ... and wait...
* ... and wait some more, because closing your position at this point would just be a guaranteed loss...
* ... and, finally, the banking algo that had been pushing the price down to lure you in, and is now hunting for your stop-loss position finally reaches that stop-loss position...
* ... and BAM!, just like that, your short position has been automatically liquidated, and you've just blown $50,000 on your trading account!

The lesson of this fable is:

a) You can't survive the kind of temporary trading losses that big banking algos can, because they can set their stop-loss positions 1000s of times higher than you, being backed up by literally billions of dollars.

b) Never, ever underestimate the fact that BIG DATA is being constantly collected in all markets, which simply means that mathematical (AI) models of the trading habits of majority of traders in the markets are being developed in real time.

In the simplest possible terms: Banking algos know you better than you know yourself.

Do you have (AI) models of the big banks' trading habits to help you out?

You don't?

Then don't even think about joining that shitshow until you do... or, at the very least, until you learn to think like both the owners of those big banks and the AI trading models (now being employed against you) that those owners (via their sector managers) have asked to be designed for them.

P.S.
For the record, I've never traded in any markets, but I did do some simulated trading on commercial trading platforms to get a "feel" (build internal models) of what's really happening in those markets, and I have a bunch of experience with (internally) modelling all kinds of mental shit (including psychopaths and greater fools, both of the greedy and the scared variety), so it's not like I have no idea what I'm talking about.

P.P.S.
The only way to actually "win" in the crypto market is to manipulate it into collapsing...

... and the only way to do that is by pitting different banking algos against each other...

... and the only way to do that is by convincing as many greater fools (retail "investors") to pull out of that scam before it's too late...

... leaving only big banks as the players in that game (in the sense of Game Theory)...

... thus forcing them into a Prisoner's Dilemma-kind of situation, where they'll have no other option but to start cannibalizing each other, desperately trying to fuck over the other big-bank players for as small as possible losses on their rush to the (overcrowded) exit.

P.P.P.S.
The only danger here is that banks will undoubtedly try to unload all of their crypto shit on state players, like pension funds, social and health security, and such, so if anybody's noticing such attempts, they'd better stop them... before it's to late for everybody.

hi iq post

It’s more about watching a bunch of know-it-all born losers, such as yourself, get fucking ass raped.

I love watching you “really smart” asswipes get your delusions, your unicorns and your pixie dust get FUCKING RUG PULLED like a mother fucking mother fucker.

Reality is a mother fucking BITCH of a teacher.

No time-outs given in this bitch. You think you’re so smart as you get your bitch ass handed to you? It’s ATTITUDE ADJUSTMENT TIME, losers!

You know jack fucking shit and reality is here to prove it to you.

We told you crypto wasnt crisis proof

If you made money off it in the last decade, good for you

For the very foreseeable future, the crypto party is over

They kind of have it coming. There like the friend who live in Florida and call during the winter when you're in a northern climate asking how's the weather there. Bragging about 70 degrees. You can't help but smile when they get hit with a hurricane.

Great post, bravo, someone who knows the time.

Maybe Bitcoin will become at new Gamestop struggle between the masses and the fat cats.

I doubt it, as you said they have infinite bullet supplies to bankrupt every bullish crypto addict 'conglomerate' out there,

which is the obvious goal of the ruling class, they know many will hang on wasting their wealth to catch the moon shot that will never ever come again, if people don't wake to the scam, there's gonna be strong pressure on every households that will have to deal with relatives that went under hanging to the crypto Titanic.

Again great post,

insightful for the noobies and the yapees, even for those few that are aware of this, the good ones not those capitalizing over the ignorance of the wojak noobies to dump on them or bash to steal their holdings, which are worthless anyways.

The crypto collapse's gonna be epic, laughable by it's absurdity, but very challenging by it's violence and the whole panel of dreadful collateral damages that goes with.

Some of those without

delight in the misfortune of those with

in their jealousy, envy, and covetousness.

When The Bible says that

no man will buy or sell without the mark,

it does not say except for crypto

which has always meant that crypto must go.

.

This, of course, doesn't mean many haven't amassed some of the easiest largest fortunes in history already...