Hi,
so basically despite being bullish on BTC and ETH and some others, I can’t help but cringe on how emotional and irrational the community can be.
For example:
A couple weeks ago someone asked if there is any downside in taking credit card debt just to buy more BTC. I had the absolute audacity to tell them that its a stupid idea to go into debt and immediately 5 different people called me stupid because there is apparently zero downsides with having debt as long as you cannot get your investment liquidated, and most of them blocked me right after that just so that i can’t comment back on their lunacy.
And its not just a handful of idiots.
Back then Safemoon was the new thing their community couldn’t even name you anything concrete about why its a good investment or how it works but got super bullish on Safemoon over some random african wind turbines that had nothing to do with Safemoon.
And its not just Safemoon, people being hyped over nothing and not understanding their project is the norm.
I have more than 10K invested in BTC and ETH but to be honest a part of me actually wants that investment to go to zero just because that would mean that the average crypto bro got burned.
submitted by /u/sponge_hitler
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