• 11 Posts
  • 640 Comments
Joined 8 months ago
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Cake day: October 19th, 2023

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  • You don’t seem to know the meaning of the word “spend”.

    How much have I bought in crypto to hold myself? I don’t hold any crypto. The answer is zero.

    The figure that appears in column E of Form 8949? Over a million USD.

    You answers seethe of jealousy. You keep trying to pin the label “crypto bro” on me because you want to dismiss me as someone not worth listening to, and the money I earned as illegitimate and fake. You argue not because you think you’re right, but because you can’t bear to be wrong. To you, crypto is a scam with no use and everything it touches turns to shit, and everyone who says otherwise must therefore hold the opposite opinion and think everything it touches turns to gold. Binary thinking at its worst.

    Your thinking is simplistic and devoid of nuance. You’re right about one thing though. I am condescending. Because you deserve it.

    Reply if you desperately need to put in the last word with a feigned aura of coolness, and laugh it off, because there are no more arguments to be made. Only insults left. You won’t receive a response, and I won’t even read whatever you write, because this conversation is over.

    Go buy a Cybertruck or something.




  • Read carefully, because it seems that reading comprehension is not your strong suit.

    Wiktionary defines “crypto bro” as “an enthusiastic cryptocurrency supporter, usually male, especially a dogmatic and condescending one”.

    You may notice I do not fit any of those categories, besides perhaps being male.

    For the adoption of cryptocurrency by businesses and states, I am apathetic, even mildly in opposition. As for being dogmatic, I entirely am not, because I don’t give a shit.

    But I will admit, you have successfully tempted me into being condescending towards you.






  • This is not investing. I did not ever hold significant amounts of cryptocurrency. People would ask me to sell them crypto and then I’d buy it on a crypto exchange and then sell it to them.

    I do not believe holding cryptocurrency qualifies as “investing”. It is much closer to gambling as the entire valuation is purely speculative. I get that all investing is gambling to some extent, but it’s not the same as stocks, for example, because holding stocks gives you voting rights for a company’s board of directors and entitles you to a portion of the company’s profits in the form of dividends.

    There is risk, of course, but it is not market risk.


  • (past tense)

    But how do you define “crypto bro”? Sure not “any person who’s ever held cryptocurrency”, right? Because that would make 25% of the US population crypto bros.

    I absolutely reject this categorisation. I don’t give a shit about crypto or any of the ideas behind it. It’s interesting from a technical perspective as a person who holds a computer science degree, but I’m in it for the money. Holding crypto is gambling, and nothing more.

    The only crypto I hold now is for online poker sites and for buying precious metals on r/pmsforsale on Reddit.






  • You can make significant money by trading crypto peer-to-peer. It is incredibly risky but you can make around 6-7% profit after fees. I made around 2,000-3,000 USD monthly, moving around 40,000 USD in volume. The main risks are chargebacks and account closures.

    It wasn’t free money, of course. But the profit-to-effort ratio is pretty high once you figure out how to weed the good clients from the bad (scammers who will pay, receive crypto, and then dispute the payment).

    Do not ask me how to do this and do not reply to anyone who comments below claiming to know how, because they’re probably a scammer.




  • It’s so easy for billionaires to buy popularity. All they have to do is act normally and not be the greediest person on the planet. But people likely to act that way are also less likely to be billionaires, it seems.

    If I were a billionaire, why wouldn’t I pay my staff double the market rate, tip $100 to every server at every restaurant I go to, and donate money to charity like crazy? It’d ensure that I’m well-liked everywhere I go and the cost would be chump change to me.