could this start a spiral? ie, people hear that 40% of investors are underwater so fewer people buy in so the price gets lower so more people go underwater?
I don't know, went into a reddit thread about this and it was full of crypto dipshits saying "Oh so that means 60% are doing well? Great news!" And others who were excited to "buy the dip".
The most annoying part of crypto is definitely the inbuilt requirement to evangelize. Just row after row of people who desperately try to find a bigger sucker than them to rip off.
could this start a spiral? ie, people hear that 40% of investors are underwater so fewer people buy in so the price gets lower so more people go underwater?
yes... ha ha ha... yes!
No! Now is the best time to buy. Go all in!
:billionaire-tears:
HODL!
:pray-against: !!!
I don't know, went into a reddit thread about this and it was full of crypto dipshits saying "Oh so that means 60% are doing well? Great news!" And others who were excited to "buy the dip".
The most annoying part of crypto is definitely the inbuilt requirement to evangelize. Just row after row of people who desperately try to find a bigger sucker than them to rip off.