Rick Ross Wants Proof You Getting Money In Crypto

Sbp

Superstar
Joined
Jul 14, 2012
Messages
12,056
Reputation
2,408
Daps
57,616
Reppin
New Orleans
People that make REAL money off crypto why would they ever tell anyone???:heh:
Facts. This is something that the average newcomer doesn't understand is that crypto attracts a certain type of investor. Most of the people who I know that are into crypto are lowkey and actually business minded. They're not flashy and the don't like to tell everybody their moves. Which is the exact opposite of somebody like Ross who NEEDS to show off because it plays into his character.
 

Nigerianwonder

Superstar
Joined
May 20, 2012
Messages
7,205
Reputation
2,043
Daps
31,807
Reppin
NULL
He is right. 99% are losing money and chasing the pumps. Folks bought bitcoin at 64K and down 50% right now. Folks hold these trash coins too long and then they get rugged or the price falls off a cliff and never recovers. Look at the Saitama thread. I made a small profit from Saitama but nothing noteworthy but I sold early before it fell off a cliff. Last time I made really good money in crypto was when ICO's were poppin heavy.

There are people that make good money but crypto is becoming a rich persons game. See bored ape yatch club.
 

Kiyoshi-Dono

Veteran
Joined
Oct 11, 2015
Messages
91,867
Reputation
35,955
Daps
491,074
Reppin
Petty Vandross.. fukk Yall
karlous-karlous-miller.gif
 

Sbp

Superstar
Joined
Jul 14, 2012
Messages
12,056
Reputation
2,408
Daps
57,616
Reppin
New Orleans
He is right. 99% are losing money and chasing the pumps. Folks bought bitcoin at 64K and down 50% right now. Folks hold these trash coins too long and then they get rugged or the price falls off a cliff and never recovers. Look at the Saitama thread. I made a small profit from Saitama but nothing noteworthy but I sold early before it fell off a cliff. Last time I made really good money in crypto was when ICO's were poppin heavy.

There are people that make good money but crypto is becoming a rich persons game. See bored ape yatch club.
Well yeah if you only started buying at the top during a fukkin bull market then yeah that's stupid. I disagree about it being a rich man's game. People gotta do the research and get into quality projects. Stop waiting on popular people to tell you what to buy. shyt like bored ape is a no go for the average Joe of course. You should be looking to buy something that's going to appreciate exponentially in value over the next 5-10 years or something that's going to provide you with a passive income that's it. All that meme shyt or the collectibles leave that to the dummies.
 

Sbp

Superstar
Joined
Jul 14, 2012
Messages
12,056
Reputation
2,408
Daps
57,616
Reppin
New Orleans
Honestly I'm glad Ross not feeling crypto. He'd bring the wrong type of vibes to the space anyway. You'd have a bunch of broke people spending the few dollars the do have on #Bosscoin. Plus He'd inspire the scammers to weasel their way over to crypto. There's already too many already but the last the black community needs is the crypto versions of Umar and Jay Morrison :martin:
 

the bossman

Superstar
Joined
Sep 4, 2012
Messages
12,017
Reputation
2,730
Daps
56,924
Reppin
Norfeast D.C.
He is right. 99% are losing money and chasing the pumps. Folks bought bitcoin at 64K and down 50% right now. Folks hold these trash coins too long and then they get rugged or the price falls off a cliff and never recovers. Look at the Saitama thread. I made a small profit from Saitama but nothing noteworthy but I sold early before it fell off a cliff. Last time I made really good money in crypto was when ICO's were poppin heavy.

There are people that make good money but crypto is becoming a rich persons game. See bored ape yatch club.
The space is so new all you have to do if you don't know what you're doing or don't want to do the research is just buy bitcoin on a recurring basis and you'd be fine over the long term. Probably the easiest low risk investment you can make

It's a brand new asset class. First time we've had the opportunity to get in on the ground floor of a new asset class in our lifetime. Whole space is literally going to 20x at the least over the next decade plus. nikkas obsessed with becoming rich overnight can't see the forest for the trees

But it's so many pump and dumps and scams going on people get caught up
 
Top