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by nasseri 1661 days ago
Are you familiar with the phrase "laughing all the way to the bank"?
2 comments

But you're your own bank. So you're just laughing at yourself.
Lol this was pretty good I have to admit.
Yeah, and it doesn't apply to cryptocurrency traders, as by simple mathematics, they lose money on average. Cryptocurrency trading is a negative sum game. Any wins you make are either imaginary, or come straight out of somebody else's pocket who loses more.
If the market cap starts falling, yes
No, it has nothing to do with market cap or price at all. Mathematically, whatever the price does, investing in cryptocurrencies means you will, on average, lose money. Even if the price is currently skyrocketing.
Can you please explain more? What attribute of cryptocurrencies cause a guaranteed loss of money?