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'I lost millions through cryptocurrency addiction'

47 点作者 ryan_j_naughton大约 4 年前

8 条评论

vmception大约 4 年前
&gt; He said: &quot;The first time I took it, I lost it all in about 20 minutes one night. The market moved very rapidly and I liquidated everything.<p>The “liquidated” terminology suggests he was doing leveraged swap trading.<p>This has nothing to do with crypto, aside from even more fun volatility.<p>Buying and holding crypto has no liquidation possibilities, and assets don’t drop to losing everything in 20 minutes. If it does you should buy the dip because its usually just a supply hack specific to that specific crypto.
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username_my1大约 4 年前
Day trading is gambling and futures &#x2F; puts are worst regardless of the asset being traded.
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user-the-name大约 4 年前
All profits anyone makes on cryptocurrencies comes out of the pockets of other &quot;investors&quot;. A lot of them will be like this, addicted people who were lured in by dishonest promises.<p>Cryptocurrency is a negative-sum game. There is an inflow of cash into the markets, and two outflows: Regular traders cashing out, and miners cashing out. The market caps, the supposed dollar value of your holdings, it is all imaginary. The only thing that is real is money being paid in, and money going out.<p>And unless you sell and take your profits, that outflow is not going to you. It is going to someone else. And if you do, the money comes from somebody less fortunate.<p>The only ethical thing is to not get involved.
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skystarman大约 4 年前
This is a gambling addiction, full stop.<p>We don&#x27;t need to invent new terms like &quot;cryptocurrency addiction&quot; it&#x27;s just gambling!
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h0nd大约 4 年前
I really wonder what kind of hospital treatment is given to people who suffer from gambling with cryptocurrencies specifically (as opposed to casino gamblers).
______-大约 4 年前
There&#x27;s a chicken and egg problem with cryptocurrency. If I want crypto, I need to go to an exchange and trade some fiat for it, which would imply that cryptocurrency is inherently gold-backed like the USD.<p>Then we have people claiming the USD is no longer backed by gold, and that the old concept of &#x27;a dollar note is a receipt for a dollar of gold that you don&#x27;t physically own&#x27;. Can someone please elaborate why I can&#x27;t go to the federal reserve with a million bucks and trade it for gold?
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nathias大约 4 年前
I lost more than I will ever have.
patriksvensson大约 4 年前
&quot;Jake lost millions of pounds trading cryptocurrencies. &quot;<p>Gambled it away. Not crypto&#x27;s fault.