Crypto Scam Coins. Joke!!
- Thread starter seeing44
- Start date
hoangvinhcbvn
Regular Member
- Jun 12, 2014
- 495
- 189
that's true story 
tb303
Supreme Member
- Dec 18, 2011
- 1,238
- 909
Jack@
Regular Member
- Oct 2, 2017
- 343
- 119
Even though I agree with the underlying thought which is that people will be losing money, the moral is not entirely true at all imo.
First off there is the golden rule in crypto which is never invest what you cannot afford to lose so the moral of the story only applies to people that invest recklessly/ are basically gambling on random projects.
Secondly, from the story we can understand that monkeys are being bought and sold, well in crypto we are not talking about monkeys but we are basically talking about tech that can change the world ( literally ). It seems that the whole monkey business was a scam but in crypto there are many good projects out there that are not scams at all. Is Bitcoin a scam? Is Ethereum a scam? are any of the top 10 coins right now a scam?
Imagine investing in Bitcoin 4 years ago, would you be bankrupt now? Did the ' merchant ' disappear? Did anyone influence you negatively in any way shape or form because you bought Bitcoin?
Third and final, there are enough people that have paid off their house, loans and debts or have bought a new house/car/ real life stuff because of crypto and they probably would have never been able to pull that off if they invested in ' safe ' stocks or bonds or whatever not crypto related. IMO crypto is a big opportunity for everyone, if you learn how to capitalize on this whole crypto thing you might be doing just fine for yourself. but you have to put in the time.
Taking risks is what will be taking you to the next level, playing it safe will leave you where you are.
cursedbrain
Regular Member
- Mar 23, 2007
- 314
- 337
This monkeys story is one of the most accurate crypto market explanations I've ever read. Great job OP!
ThatDudeAtBlackHat
Registered Member
- Dec 24, 2013
- 71
- 32
Anyone who enjoyed this monkey story has lost money in crypto or were too scared to invest to begin with. RIP noncoiners
https://gyazo.com/d2e2bf7d108796c2dd6cf91fc23dcbe8
Average stock market returns for traders is 7%.
Investing through banks into commodities, equities, or bonds will get you a return of 4% a year for a low risk portfolio to 7% a year for a high risk protfolio
Investing into real estate will pay itself off in 20-30 years with an increase of your home value being between 20-60% every 10 years. So returns will take a few decades
If anyone knows any better investments or better trading opportunities other than crypto, feel free to share.
Also buying in a so called "down trend" is the smartest play while the big boys are accumulating preparing for the next bull run.
I'm not going to waste time educating anyone here but if your not making money in crypto you havent been in the game for more than 6 months and dont understand this market.
https://gyazo.com/d2e2bf7d108796c2dd6cf91fc23dcbe8
Average stock market returns for traders is 7%.
Investing through banks into commodities, equities, or bonds will get you a return of 4% a year for a low risk portfolio to 7% a year for a high risk protfolio
Investing into real estate will pay itself off in 20-30 years with an increase of your home value being between 20-60% every 10 years. So returns will take a few decades
If anyone knows any better investments or better trading opportunities other than crypto, feel free to share.
Also buying in a so called "down trend" is the smartest play while the big boys are accumulating preparing for the next bull run.
I'm not going to waste time educating anyone here but if your not making money in crypto you havent been in the game for more than 6 months and dont understand this market.
Last edited:
blogzandstuff
Elite Member
- Jan 1, 2015
- 10,759
- 6,921
I think it was just a joke
like not take it to seriously.
Wilson Grant Fisk
Elite Member
- Nov 10, 2012
- 15,677
- 46,846
Fucked them and got Aids either that or put them into Papal
https://www.blackhatworld.com/seo/how-much-monkey-can-you-keep-in-papal.491315/
blogzandstuff
Elite Member
- Jan 1, 2015
- 10,759
- 6,921
sold them to German car manufaturers