Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode.

lol, lmao, heeeeeeeehaaawwwwww like a donkey

  • mittens [he/him]
    ·
    2 years ago

    A lot of these people don’t have the money to lose and were tricked by celebrity Super Bowl ad endorsements and whatnot.

    oh boy do I have news for you, this only covers BTC traders, the people who got scammed by celebrities are altcoin traders. I assure you, the percentage of people who are underwater through altcoin trading is much more higher. Consider this: 90% of altcoins fall straight to $0 after mere months.