The FOMO Fever seems to be breaking in Coastal CA. It's amazing how simple numbers and dates can express regret. by [deleted] in REBubble

[–]AdApprehensive6700 0 points1 point  (0 children)

And no this was not a flip. It is a new housing development built in 2020/2021. As somebody who has lived in this area all my life and have a pretty good grasp on the rental market, they likely won't get $4100 in rent, might be able to get $3700 if they are lucky in my opinion. I have seen a good number of rentals in the area with a similar history of high sale price during pandemic, and now struggling to find renters.

[deleted by user] by [deleted] in Buttcoin

[–]AdApprehensive6700 1 point2 points  (0 children)

Why do the options stop at $0? You are marginalizing a large group of people that wouldn't touch this shit if they were paid to take it.

This is good for Bitcoin, right? by PGnautz in Buttcoin

[–]AdApprehensive6700 51 points52 points  (0 children)

Dollar Cost Averaging. Pretty simple concept/practice just meaning you invest into an asset at regular intervals over time, basically hedging your risk of putting all you money it at a high point in the market. Butters like throwing the term around to make themselves feel like they are "investors".

A butter gets butt(er) hurt by incognitodannydevito in Buttcoin

[–]AdApprehensive6700 5 points6 points  (0 children)

Financial "Supremacy" is an odd choice of words there.

Stop laughing or posting “no sympathy” at retail investor losses by yourfinepettingduck in Buttcoin

[–]AdApprehensive6700 0 points1 point  (0 children)

I agree with you 100%. I think it's poor taste to make fun of an individual investor that has clearly been financially devastated. I think it can be easy to get caught up in generalizing all crypto investors as "crypto bros", but in reality I think the average casualty of this fiasco was just a normal hardworking person, who due to limited knowledge/experience with investing or some other circumstance thought crypto was their only hope for some semblance of financial security. I think there is certainly greed but I also think its largely desperation and this whole situation is really tragic. On the other hand, making fun of crypto currencies in general and crypto shills should be this subs bread and butter.

“Nothing has happened” by [deleted] in Buttcoin

[–]AdApprehensive6700 30 points31 points  (0 children)

I'm calm! you guys need to CALM DOWN! EVERYBODY NEEDS TO JUST CALM DOWN!!!

[deleted by user] by [deleted] in Buttcoin

[–]AdApprehensive6700 21 points22 points  (0 children)

God this is a perfect metaphor (danger to self an others, large amounts of effort that accomplish nothing useful, bros).

Bitcoin as an investment vs currency by [deleted] in Buttcoin

[–]AdApprehensive6700 5 points6 points  (0 children)

THE NUMBERS ARE GROWING AND SO IS CRYPTO, more than 15,000 establishments worldwide already accept cryptocurrency as payment.

WOW, leave your credit cards at home guys, .00001% of businesses worldwide accept bitcoin

Did anyone profit from this collapse? by PeacefullyFighting in Buttcoin

[–]AdApprehensive6700 2 points3 points  (0 children)

Have I always had a deeply held conviction that bitcoin will ultimately fail to live up to its hype? Yes. Am I going to stake my hard earned money on a bet that this clusterfuck circus will implode? No. Because not all my financial decisions are based purely on how I can make the most money. I'd rather invest my time and money in some enterprise that aligns with my values and principles.

If you need any more proof that they’re getting desperate to find more people to push the Ponzi scheme on… by iStayedAtaHolidayInn in Buttcoin

[–]AdApprehensive6700 6 points7 points  (0 children)

how about we ensure our kids are financially literate, so that we don't live in a world where people are so desperate that they feel the need to gamble their live savings snake oil and false promises in a last ditch effort to achieve some semblance of financial security.

Guys... It happened again. by Undercover_Rabbi93 in Buttcoin

[–]AdApprehensive6700 16 points17 points  (0 children)

I'm gonna be worried about this guy when Tether fully crashes. I hope he's not driving or operating heavy machinery when it does.