Sold car, laptops, phones and took 10,000 credit. All in Shiba.

Buying a shitcoin just after a sell off near the top of a pump is gambling.

Selling all your stuff and taking out a loan to buy said shitcoin is compulsive gambling.

Buying bitcoin while it's being manipulated by whales and has an almost 0% chance of not making you money within the next 10 years NO MATTER WHAT happens, is not gambling.

Buying ADA while it's lower because of bitcoin manipulation, even while positive news is coming out about it, is not gambling.

The chance of losing money with bitcoin over 5 years is under 1%. With ADA it's under 5%. With shitcoins it's a 95-98% risk, minimum. These shitcoins are just created during a bull run to feed off mania. They will not be around in 5-10 years. They will not bounce back. They are a one time pump. Buying after a pump, during a big market crash is beyond gambling. It's like trying to deliberately hurt yourself

Hmm, you may be right, but then again, it's still a gamble making that statement. How is it that you know for certain all of these shitcoins are a one time pump and will not be around in 5-10 years?
That's a gamble of a statement. Predicting the future like that is a gamble.
 
OP lives in Romania, right? He could've bought a flat with that money and never paid rent again.

That sounds too good to be true? Average cost of an apartment in Bucharest is between 50k to 70k euros.
Maybe it's a lot cheaper out in the countryside?
 
Have you read the topic carefully?

Unless it’s a troll, he claims he sold all he has, including monitors, PC, hairdryers etc... lied to his parents, same his roommate, opened a loan, to put all on this coin.

What’s the point to insist on the fact 17 grands are peanuts, if this is all he had.

Not saying it's "peanuts". I'm saying it's not "end of game" kind of money. Of course 17 grand is a lot of money but that's not going to destroy your life or set you back so far
that you can never recover. If he's really young and 17 grand is all he had, then that's even better news because the younger you are, the more potential wealth you have.
If this guy is a 50 year old and just sold everything he had (which amounted to 17 grand), then you may have point. I don't know who he is, maybe it's a troll. I just gave him
an honest and realistic answer.
 
Took a loan is the only weird thing as I can see. Other stuffs which he sold is OK even for gambling. Besides most of the criticizes in this thread I wish OP a good luck to get back his investments very soon...
 
This, hell of journey,

sold my x3 for 6000 euro.
No more laptops. Sold 2 for 400 euro.

sold my iphone se for 300 euro.
Taken credit from quick credit company for 10,000 euro.

16,700€ Split half into shiba inu and leash tokens only have my iPhone left.

i will need to put back the same amount in credit company after a year

lambo or wash toilets in germany next year
Choice pretty clear.

pray for me :)
Why the hell did you pick Shiba of all coins?
 
Why the hell did you pick Shiba of all coins?

It's not over yet for this guy. Everybody makes fun when someone's down

But if this coin works out in 6 month........ this guy's going to invent a sauce for feet, so everybody can put it in their mouth easier

If you double your money in 1 year on a normal ROI , that's doing great
 
It's not over yet for this guy. Everybody makes fun when someone's down

But if this coin works out in 6 month........ this guy's going to invent a sauce for feet, so everybody can put it in their mouth easier

If you double your money in 1 year on a normal ROI , that's doing great

That's a big IF. Question is... if it doesn't go in his favor and he loses all that money then what? repaying a loan with interest isn't the easiest thing to do, especially if you've lost everything.
 
He was a degenerate gambler. That is, a man who gambled simply to gamble and must lose. As a hero who goes to war must die. Show me a gambler and I'll show you a loser, show me a hero and I'll show you a corpse.

Mario Puzo
 
I bought 500 usdt worth shib yesterday. If OP gets lambo i may get a nice hatch :)
 
Everything is fine for the OP if he dosent sell coins too early...Shiba and all the other coins will go back in some of time. Casual crypto market and no need to worry... if you hold, you will be fine.
 
Not saying it's "peanuts". I'm saying it's not "end of game" kind of money. Of course 17 grand is a lot of money but that's not going to destroy your life or set you back so far
that you can never recover. If he's really young and 17 grand is all he had, then that's even better news because the younger you are, the more potential wealth you have.
If this guy is a 50 year old and just sold everything he had (which amounted to 17 grand), then you may have point. I don't know who he is, maybe it's a troll. I just gave him
an honest and realistic answer.
I strongly believe that in our honest and realistic answers we should not forget the forum is full of kids that read our responses to others and consider them to build up their ideas, that in the best case are already confused enough.

While it is entirely true that losing 17 grands, or even 30 or 50, is not he end of the game, as anyone, even me at 50 y/o, can grab a guitar and with few power chords and a couple of blues songs can lift few coins for a hot soup and a piece of bread, is that really the message we want to deliver?
Throwing all you have after having sold "useless items" plus loan on a coin with no clear future is not "that bad in the end"?
Really?

Now, I am more and more aligning with the view of most users that OP is a troll or an attention seeker, even more after his latest message:
What will you do if you lose all the money ?
Buy another coin such like ethirium
... so if the had money to buy another coin, he didn't invest all he had, so the topic is clearly not as genuine as he claims...

but there are users that may take him seriously.

Your opinion is not wrong per se.
What's wrong with it, IMHO, is that it takes for grant whoever reads has your same mental balance.

Social and virtual already created a generation that tends to be disconnected from reality.
Pandemic enhanced this disconnection and lots of teens and improvised "investors" jumped into this business.
You can tell from the flood of shitcoins we are seeing.
I doubt these scams and rugpulls are there with any hope to fuck the experienced and wise investors.
Target is kids and noobs.

I personally feel morally responsible for the messages I deliver.
Reconnection to reality might be brutal and @organicpanel's recurrent Suicide Hotline Thread is there for a reason.
 
The only thing I can do in this situation is pray for you... Have a good life...
 
I strongly believe that in our honest and realistic answers we should not forget the forum is full of kids that read our responses to others and consider them to build up their ideas, that in the best case are already confused enough.

While it is entirely true that losing 17 grands, or even 30 or 50, is not he end of the game, as anyone, even me at 50 y/o, can grab a guitar and with few power chords and a couple of blues songs can lift few coins for a hot soup and a piece of bread, is that really the message we want to deliver?
Throwing all you have after having sold "useless items" plus loan on a coin with no clear future is not "that bad in the end"?
Really?

Now, I am more and more aligning with the view of most users that OP is a troll or an attention seeker, even more after his latest message:


... so if the had money to buy another coin, he didn't invest all he had, so the topic is clearly not as genuine as he claims...

but there are users that may take him seriously.

Your opinion is not wrong per se.
What's wrong with it, IMHO, is that it takes for grant whoever reads has your same mental balance.

Social and virtual already created a generation that tends to be disconnected from reality.
Pandemic enhanced this disconnection and lots of teens and improvised "investors" jumped into this business.
You can tell from the flood of shitcoins we are seeing.
I doubt these scams and rugpulls are there with any hope to fuck the experienced and wise investors.
Target is kids and noobs.

I personally feel morally responsible for the messages I deliver.
Reconnection to reality might be brutal and @organicpanel's recurrent Suicide Hotline Thread is there for a reason.

He can work for one year and can again take another on different coin.
 
He can work for one year and can again take another on different coin.
Yes, he can buy a lottery ticket and win for life.
He can make a 80 y/o heiress fall in love and set for life when she dies.
He can organise the armed robbery of the century and fly to Bahamas.... possibilities are endless.

My point was different.
I'm giving up.
 
Back
Top