Comment · Wed, November 16, 2022 · ND Owner
SBF from FTX uses nootropics depot. Can anyone zoom in and figure out what supplement that is?
What they were answering
M30MM100 · 3 points
Blockfi and Greyscale are likely insolvent and will be filing for bankruptcy. My friend fell for the 8% USDC earnings on Blockfi (he got me into crypto) and I told him in 2020 to get the fuck out of there. It’s too good to be true. I could’ve put my money in there and lived comfortably off of the interest but I knew better. Well, he can’t withdraw his funds now (it’s a significant amount) and is incredibly depressed. I told him to remove his funds as soon as I heard about FTX, but he didn’t listen. 😞
u/MisterYouAreSoDumb · ND Owner
I've had multiple people message me since this has happened to tell me that either 75% or 100% of their holdings are now gone because they were locked up in FTX, Celsius, or things like Tera/Luna. You know how fucking stupid I would feel being me, someone who got into crypto from almost day one, who has held through crash after crash and came out the other end, finally losing all my coins because I lent them out for fucking 8% returns?!? I'd feel like a complete fucking idiot! Not your keys, not your coins. 8%, or even 20%, returns are not worth losing the coins I have held onto for years. I've watched BTC go from $0.81 to $69,000! Even the price it is today is still WAY up for me. 8% ain't shit for the risk of giving up control of your keys. People have had 13 years to get into crypto. For years I yelled and screamed at anyone I could to get them to buy BTC. Only a couple did. The days of 10,000% returns are in the past. People just need to accept that they missed the speedboat, and get on the slightly slower boat there is now. 400% returns are still fucking great! No need to create new shitcoins to try and recreate a party that everyone should have been on years ago. I know it is hard for people to accept, but sometimes you miss the boat. That's okay.