LUNA is either the greatest lick in history or people are dumb as fukk and have too much money

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Why would you randomly throw money into worthless shyt.....just betting that enough other people will throw their money into the shyt and you'll be able to pull out in time before it crashes again because it's inherently worthless anyway?

Plus the entire time in-between you're stressing the price. Think of all the time and energy y'all are wasting checking this shyt every day or multiple times a day.

Time to stop constantly "chasing a lick" and do something productive with your cash flow.

I’m not stressing over the loss of $50 that could turn into $20,000 if this pumps, nor am I suggesting people throw a substantial amount in this. But, like any lick, it’s a opportunity to profit from an unexpected set of circumstances. With the price this low and plenty of investors still believing in its recovery, the soil is fertile for a pump.

:francis:
 

Zime

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I’ve been out of the loop for a while wtf is Luna
 

Crizzy

U wanted the smoke...u can have it your way
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I only see Luna3s/usdt up right now... Everything else is 99% down and still falling with the Luna name attached on kucoin. Unless u buying puts/shorting the shyt... I don't see Luna doing shyt right now other than the one that's up like 16%
 

Professor Emeritus

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I’m not stressing over the loss of $50 that could turn into $20,000 if this pumps, nor am I suggesting people throw a substantial amount in this. But, like any lick, it’s a opportunity to profit from an unexpected set of circumstances. With the price this low and plenty of investors still believing in its recovery, the soil is fertile for a pump.

:francis:


Why not just buy $50 in lotto tickets while you're at it? Or drop $50 on some wild 12-way sports parlay so long as you're throwing money away? How much other this are you gonna toss $50 at hoping that it will be the one? Don't front like this is a one-off thing, if you move this way for something this meaningless then you will move this way for other shyt too


1. There's no reason to believe that it's going to pump to the level you're talking about.

2. Even if it does, there's no reason to believe that you're going to be the lucky one who cashes out at the exact right time and not just another guy holding the bag at the end when it crashes again

3. Meanwhile, in order to "win your bet", you have to keep yourself constantly updated on the price of this and every other dumb thing you threw money at, because you're not going to catch the wave perfectly if you're only checking the price once a week, but meanwhile that's a ton of wasted effort and thought and emotional energy gone.



This shyt is all a less-than-zero-sum game. All the money that gets won from it is just money some other poor fool lost....except when you factor out the guys who are actually controlling the shyt and KNOW how its going to move because they're driving the movement, not to mention all the scammers and stuff, it means there's that much less for the rest of you.

Like the saying goes, can you identify who the marks are? Can you see who is clearly tossing bad money away? If you can't ID the marks....then you're the mark.
 
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Like the saying goes, can you identify who the marks are? Can you see who is clearly tossing bad money away? If you can't ID the marks....then you're the mark.
:mjlol: Never heard of that but pretty solid advice for the average person. fukk, that reddit thread is depressing as all hell.
 

Professor Emeritus

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:mjlol: Never heard of that but pretty solid advice for the average person. fukk, that reddit thread is depressing as all hell.

It's an old poker/gambling/conman saying, but Warren Buffet is the one who made it famous applying it to investing:


Indeed, if you aren’t certain that you understand and can value your business far better than Mr. Market, you don’t belong in the game. As they say in poker, “If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.”


If you're in a zero-sum game like crypto, and you can't pick out who the bad investors are and guarantee that you're moving smarter than at least half the people out there...then you should probably get out of the game, because YOU are the one the others are gonna make their money off of.
 
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