I think there’s many problems there. If I see the price continually going up, maybe I get a little, just in case. But it’s hard to put myself in his shoes.
Same as people who trade penny stocks and dream of having that go up by a few dollars and that could be up 1000x
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Definitely. Big parallel to be made between penny stocks and shitcoins
I thought it early too but degenning on bitmex summer of 2017 set me straight
I was thinking it’s only 0.2 bitcoin, no problem it’s only $200. First tripled it, then it all blew up. Lost it, gone poof.
Good comparison but even penny stocks are less scammy because they’re transparent and have a shit reputation haha
True. But its closest because there isn’t a perfect comparison.
Unit bias is shared by penny stock traders and shitcoiners
