Hot take: crypto is dumb.
this post was submitted on 12 Oct 2025
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That take is lukewarm at best.
People are dumb. Currency cannot work if it's not used as a currency. Cryptobros "investing" in it are the dumb ones, trading currency as it's stocks or something (not to mention, that stocks are dumb as well). How can it not be volatile?
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You say that as if you don't think the entirety of capitalism is dumb.
The difference is that first currency is backed by nation state trust.
Crypto is touted as independent of that, except we've seen that's not really the case in recent years. So yea, what's the point then of crypto?
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That's my secret trick: if you never earn enough money to be able to afford to invest, you lose nothing when the market crashes
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All went into some billionaire’s pocket who got a tip from the administration to short the stocks.
Was Barron. The call is coming from inside the house.
People in 2020: "I'm buying at the bottom of a market, I hope I get 30% yoy returns for the next five years"
People in 2025, last week: "Omg, it happened! I've more than doubled my money in less than five years!!! Crazy!!!!"
People yesterday, after a 5% market correction: "I'm destitute"
Leverage is a hell of a drug.
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At first cryptos had a true value, as in people wanted it and saw the potential of the coin itself, and not of the price it had, thus raising the prices. Then it changed. Capitalists with their huge capital started playing the market. So instead of the cryptos having a monetary value based on their actual value to society, they got their monetary value from previously monetary values. This means that the value of the cryptos shifted towards how much value it could provide to the people investing in them.
At this point anybody with half a brain should have stopped caring about the actual monetary value of cryptos. Bitcoin was made for one thing and that was to be a decentralized alternative far away from any government. And now you have one government, that only consists of a mere 5% of all humans, that somehow made the market crash? Everybody that doesn't think this is beyond crazy is getting played, hard.
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You haven't lost a cent if you don't sell
You also haven't lost a cent if you never bought.
I'd definitely start considering inflation. If your money is stagnant and not earning interest, it is shedding value. Like it or not, we're all inherently playing the game; it's in everyone's best interest to learn the rules.
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wait, my investments are down between 2.5-3% from the day before. what's everybody freaking out about?
QQQ is still up 20% for the year
Now you know how the average investor thinks and/or behaves
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did I miss something?
https://www.youtube.com/watch?v=23ddxotpMZM A breakdown of what happened.
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It's fine just the monthly pump and dump you didn't benefit though so enjoy the extra cost as funds just got shifted again
Time to buy
Whales: our investments.
I thought something happened. SNP 500 is just down half a percent over the last month.
There was a drop of about 3% on Friday because of rumors of tariffs/insider trading. Trump waited for markets to close on Friday to officially announce it. But futures don't look bad anyways.
Also Crypto fluctuation, as usual, have been more than that. Bitcoin is only down like 7% over the last week and 3.4% over the last 3 months, but its up like 80% YOY, so hardly a problem if this has been a long-term thing.
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I hope someone takes my retirement and invests it on bitcoin. I don't want to live much longer past my useful life. A good heart attack could do the trick.
How is a 10 percent drop in BTC price considered a great amount of volatility?
I don't get it
They’re saying some guy in china cashed out trillions because of the trump tariffs
In 1987 the s&p500 fell 20%
Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.
But these are events that got named. BTC loses a chunk of value it's just Tuesday.
Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.
Individual share also fall 10% regularly.
If you weight you portfolio by asset value then 0.2% should be in crypto.
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