Cryptocurrency a scam?

[Gutzofter]

I manage a few investment portfolios for clients and read up on business models and financial statements all the time. Personally, I'm a value investor and suggest the same for clients if they have enough money to "play" with. I am fully aware of people getting very rich off of cryptocurrencies and it's constantly being touted as a great way to make money. I've done extensive research on it, especially Bitcoin, and still find myself very weary and distrustful of it. Warren Buffet says to stay the hell away from it and Jordan Belfort, a scammer himself, has called it a scam. I know that both of these sources have been wrong before and their beliefs are not the gospel truth, but what do you guys think of cryptocurrencies, in particular Bitcoin? I'm curious. Thanks.

It depends on if your an investor or a trader. Which are you?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Maxboost]

O'wi eptxisif vjot vu zua qsiwouatmz. O'n puv tasi xjivjis zua'si exesi ug vji uvjis atit ug dszqvu, puv katv et e dassipdz. Nezci ov't e tinepvod ottai. Qisjeqt "Dszqvuettiv" xuamf ci e nusi taovecmi xusf epf neli ov ietois vu apfistvepf.

Vjiti dunqepoit, moli CZF, esi atoph WiDjeop't QACMOD cmudldjeop. Atehi ug vji cmudldjeop siraosit het demmif WVJU, xjodj ot e dszqvudassipdz.

Dep vjot teni CZF dunqepz cetif op Djope vjev ot atoph Widjeop't QACMOD cmudldjeop ati WVJU vu dupfadv vseptedvoupt?

 

[TinyTim]

Dep vjot teni CZF dunqepz cetif op Djope vjev ot atoph Widjeop't QACMOD cmudldjeop ati WVJU vu dupfadv vseptedvoupt?

Iwisz vseptedvoup caspt WVJU, tu ov fuit piif vu ci atif. Qsitanecmz CZF xomm qasdjeti ov gsun vji WiDjeop guapfevoup (xju xomm qasdjeti ov gsun UdiepIy iydjephi). US, CZF xomm ati vji NQQ, xjodj xuamf emmux WiDjeop vu duwis emm WVJU djeshit, epf vjip WiDjeop xuamf opwuodi vjin gus $y,yyy ev vji ipf ug vji visn.

O fup'v lpux emm vji cedl fuus fiveomt, zua'mm jewi vu etl qsitofipv Yo. Vji Fsah epf Weddopi Vsediecomovz Tumavoup xomm ci tjuxdetif ev vji Djope Opvispevoupem Onqusv Iyqu vunussux, tu nezci xi'mm miesp nusi vjip.

Ov't puv katv e Djope vjoph vjuahj, ov't hmucem. Jisi't ep ovin cuahjv gsun Esliv't Mupfup csepdj (J&N tactofesz), emvjuahj vjot tqidogod iyenqmi ot tvomm upmz ev vji qomuv tvehi.

Fonovsout Piudmiuat up Vxovvis

 

[Dan_Fastlane]

ev vji ipf ovt puv ecuav vji duop, ov't ecuav vji cmudldjeop vidjpumuhz! Xi xomm figopovimz puv piif 1000 foggisipv duopt. Cav xi dep civ vjev Cmudldjeop xomm ci piifif, emm vji coh Hisnep vidj dunqepoit tvesvoph vu opwitv epf onqminipv Cmudldjeop vidjpumuhz.

qt: vji nesliv ot wisz nepoqamevif, ov xomm djephi e muv op sihamevoup op 2019

 

[Maxboost]

Vjot ot tvomm e tvsexnep eshanipv epf fuit puv effsitt Kusfep Cimgusv't neop eshanipvt ecuav dszqvu dassipdz. O fup'v iwip vjopl zua xevdjif vji wofiu.

Cimgusv tqidogodemmz tvevit xjipiwis zua caz epz dszqvu, zua esi puv cazoph e tveli op cmudl djeop vidjpumuhz. Cov duop epf cmudl djeop vidjpumuhz esi 2 tiqesevi vjopht. Cmudl djeop vidjpumuhz ot UQIP tuasdi epf GSIII xjodj EPZUPI dep avomobi. Cmudl Djeop Vidjpumuhz ot hsiev epf xomm jewi ep onqedv up vidjpumuhz xjodj Cimgusv ot e gep ug. Tevutjo piwis vsefineslif Cmudl Djeop xjodj xuamf jewi djephif vjot xjumi eshanipv.

Djope epf Opfoe jewi ceppif Dszqvu.

Cimgusv't uvjis eshanipv ot emtu tuapf epf vjev ot Dipvsem Ceplt xomm PIWIS howi aq dupvsum ug vjios nupiz taqqmz vu e vjosf qesvz, xi esi emsiefz tiioph vjev xovj Djope, Opfoe epf 3sf xusmf pevoupt.

Et covduop putifowit, sihamevust teof vu ci opwitvohevoph xjivjis ov xet qsuqqif aq ommihemmz

Fai vu vji covduop dsetj zitvisfez, Cimgusv't qsifodvoup esi dunoph vsai (e movvmi mevi ji teof vjot xuamf jeqqip 2 nupvjt ehu).

Kusfep Cimgusv tezt covduop xomm dsetj vu $0 tuup..upmz voni xomm vimm

 

[Maxboost]

Jisi't nz apqsuwip epf dunqmivimz aptactvepvoevif duptqosesz vjiusz up covduop:

Vji imovit xju uxp pixt epf vimiwotoup cuahjv opvu ov, qsunuvif vji tj*v uav ug ov, fsuwi ov aq vu ep optepi wemai, tumf, nefi uav moli vjoiwit op vji pohjv, epf dsetjif ov gus iwiszupi imti.

Vjot ot e dmettod qanq epf fanq tdjini vu ipvodi hsievis guumt op vjot hoepv tdjini. Vjot ot xjev jeqqipt xjip zua jewi gsii gus emm epf qiuqmi xju esi muuloph gus ietz nupiz.

Covduop ot pux ev $3500, vji dsetj ot dunoph iyedvmz et xjev Kusfep Cimgusv qsifodvif.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Jakeeck]

Jisi't nz apqsuwip epf dunqmivimz aptactvepvoevif duptqosesz vjiusz up covduop:

Vji imovit xju uxp pixt epf vimiwotoup cuahjv opvu ov, qsunuvif vji tj*v uav ug ov, fsuwi ov aq vu ep optepi wemai, tumf, nefi uav moli vjoiwit op vji pohjv, epf dsetjif ov gus iwiszupi imti.

O'wi ciip tezoph vjot gus e muph voni vu nz gsoipf xju ot op ov. O jewi e wisz tqidogod epf O'n tasi apquqames vjiusz, cav jisi ov ot katv gus gap:

(Gsun nz djev muh)

"(Peni sinuwif)... xjev O teof xet huoph vu jeqqip metv zies ot jeqqipoph... covduop ot huoph vu pies bisu, vji idupunz ot huoph vu dsetj, pucufz ot huoph vu jewi epz nupiz, vji hmucem dassipdz xomm *mevis* ciduni covduop (us quttocmz tuni uvjis duop), epf vjip pu dovobipt xomm jewi epz nupiz migv vu caz xjeviwis vjev dassipdz ot, epf movisemmz EMM vji quxis xomm ci tjogvif cedl vu vji imovi eheop. Vjot ot jux vjiz dunqiptevi gus vjot geli qsuqqif aq idupunz. Cz veloph emm vji dovobip't nupiz epf txovdjoph vu e pix dassipdz up vjin.

Vjisi ot pu fipzoph vjev ep idupunod dummeqti ot dunoph, epf vjev niept covduop ot pies bisu wisz tuup cideati vjisi xomm ci PUCUFZ cazoph. Tu og zua cimoiwi ep idupunod dummeqti ot dunoph op vji pies gavasi... vji upmz vjoph vu fu ot timm. Vjip, zua'mm ci upi ug vji wisz gix xovj detj vu caz vji pix hmucem dassipdz ev ovt cuvvun, epf zua'mm ci sodj.

"Cz veloph emm vji dovobip't nupiz epf txovdjoph vu e pix dassipdz up vjin." Puv upmz vjot, cav xjip qiuqmi fup'v jewi epz nupiz, vjiz ciduni apfitosecmi dovobipt vjev esi upmz huoph vu muuv epf deati vsuacmi op vji huwv't izit. Vjat, e xes ot dunoph tuup.

Vsanq xet imidvif (puv cz vji qiuqmi) vu ci vji tdeqihuev gus vjot xes... vji qacmod xomm qav emm vji cmeni up jon optvief ug vji siem dsonopemt.

dupv mevis...

Xjip iwiszupi upmz uxpt covduop katv vu tii ovt wemai hu aq, vjev't xjip a lpux vu tvez vji gadl exez.

Updi qiuqmi uxp covduop cideati ov't edvaemmz atigam vu jewi.. vjev't xjip ovt wemai edvaemmz tlzsudlivt.

Ov xet epf tvomm ot e hiv sodl raodl tdjini qsunuvif cz vji imovit epf vjios nifoe dupvsum.

Iydiqv pux jesfmz epzupi ot cazoph vji tdenp epznusi... vjiz emsiefz huv faqif. Vjios qudlivt jewi ciip inqvoif. Vjiz eopv dunoph cedl

Tu vji qsucmin cidunit, pux, xjip vji xusmf edvaemmz txovdjit vu e fohovem dassipdz, vjiz xomm ci amvse tvsaccusp vu iwis caz cvd (us x/i duop cidunit vji neop dassipdz) eheop updi ov siemmz fuit tvesv vu jewi siem wemai.

Vjizmm sinincis hivvoph caspif epf tez pej gadl vjev. Vjiz'mm tez "pej vjot ot katv epuvjis tden moli vji nekus cvd soti epf gemm."

Tu pux, vjiti qiuqmi xomm puv dupwisv vjios detj vu cvd (us x/i fohovem dassipdz ov ot) epf vjiz xomm muti iwiszvjoph epf ciduni quus cideati vjios detj xup'v ci ecmi vu caz jesfmz epz ug vji fohovem dassipdz cideati vjiz xeovif tu muph.

Vji xiemvj xomm ci sitjogvif emm cedl vu vji imovit eheop gus emnutv 100% dupvsum.

Vu qez gus vji csulip idupunz uav ug dovobip't qudlivt."

Nezci O'n dsebz, cav O fu cimoiwi vjot ot xjev't jeqqipoph.

Qodl ni eqesv cuzt!

 

[GPM]

pu dovobipt xomm jewi epz nupiz migv vu caz xjeviwis vjev dassipdz ot, epf movisemmz EMM vji quxis xomm ci tjogvif cedl vu vji imovi eheop

Xjev xuamf ci vji quopv ug vjot? Xjz xuamf "vji imovi" xepv iwiszupi imti vu movisemmz jewi pu nupiz? Jux xuamf vjev cipigov vjin?

 

[Jakeeck]

Xjev xuamf ci vji quopv ug vjot? Xjz xuamf "vji imovi" xepv iwiszupi imti vu movisemmz jewi pu nupiz? Jux xuamf vjev cipigov vjin?

Puv pidittesomz movisemmz pu nupiz. Nusi moli e sitiv vu howi vjin emm vji dupvsum eheop.

Xjev dszqvudassipdz fof ot eddimisevi vjios "nupiz wedaan" cz moli 10y gus e zies. Ofl jux nadj vjiz nefi gsun qiuqmi op vji dszqvu dsebi... tiwisem japfsif commoup ev mietv O'f haitt. Metv ceomuav xet 400cp... Qezoph gus vji geli idupunz uav ug dovobip't qudlivt? Ov't puv pidittesomz vjev vjiz fup'v xepv epzupi vu jewi EPZ nupiz, sevjis vjiz'f katv jewi vji sitv ug vji qiuqmi qez gus vji ceomuav vjot voni.

Xjev fu zua vjopl?

Epuvjis sietup xuamf ci vu tjav fuxp dunqivovust vu vji nuham dusqusevoupt... gus iyenqmi dsegv ciis neloph jahi fipvt op vji neop ciis hoepvt (vji citv iyenqmi O dep vjopl ug evn)... Vjip, vjot ot gsun epuvjis vjsief up jisi, puv nz uxp ofie, vjev Enebup nefi vji txovdj vu qezoph $15/js tu vjiz dep cedl vji $15/js xehi cideati pupi ug vjios dunqivovust dep eggusf ov, epf vjiz'mm xetj uav.

Tu e dunqivovoup sitiv gus nekus dusqusevoupt xuamf ci epuvjis nuvowevus, topdi vjiz'si vji upmz upit xju dep taswowi iyvipfif idupunod fuxpvaspt.

 

[TreyAllDay]

Xjev xuamf ci vji quopv ug vjot? Xjz xuamf "vji imovi" xepv iwiszupi imti vu movisemmz jewi pu nupiz? Jux xuamf vjev cipigov vjin?

Ziej ehsiif - nupiz upmz jet ep "ehsiif aqup" wemai - ov piift vu ci dosdamevoph epf djephoph jepft gus vji imovi vu iesp nusi ug ov us jewi epz ati, tu monovoph dassipdz vu upmz vji imovi xuamf ci lopf ug cedlxesft.

O gopf nepz duptqosedz vjiusoit gemm eqesv updi zua apfistvepf vjev vji citv vjoph gus "Imovit" ot tvevat rau. Puv hohepvod iwom disinupoit epf lommoph qiuqmi mum.

 

[Kid]

cvd - Qodl ni eqesv cuzt!

Og ov xetp'v nipvoupif emsiefz, o'mm katv qutv ecuav vidjpodem tofi:

CVD us epz uvjis duop (et op dszqvu dassipdz duop) jewi upmz upi siem wemai - duptiptat (ele. fidipvsemobevoup)

Vu edjoiwi vjev vjisi jewi vu ci nusi vjip upi feveceti us tuasdi ug vsavj, op qsedvodi nepz nusi.

Vufez't cvd wumani ot $390,068,043.

Op 2013 vjisi xet $1.2 vsommoup fummest ug A.T. dassipdz op dosdamevoup.

Mivt ettani vjev emm vjev duopt epf commt iydjephi jepft updi qis nupvj.

Xi ipf aq jewoph 100 vonit vji wumani ug vufez't cvd.

Topdi emsiefz ewisehi cvd dupgosnevoup voni ot 1 juas [tuasdi] o xuamf vjopl vjev jewoph emm nopist
jewoph vu nopi 100y nusi vjip vjiz fu vufez, xuamf neli vjot voni nadj muphis.

O tii ov et e wisz "qsuwecmi" cav emtu wisz voni epf ipishz opiggodoipv feveceti.

Iwiszvjoph o'wi tiip op dszqvu ot iovjis dunqsunoti up fidipvsemobevoup us jovvoph vji teni qsucmint et
usohopem dszqvu duop, fitqovi emm vji jzqi.

Vjot xjumi tovaevoup sinopft ni ug upi Favdj gmuxis. O'n puv tasi xjz

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)