Hes a weird figure. Activates and deactivates his twitter account all the time.
Bad take
He doesn’t get crypto
Just wait 3 months
NFA!
Are you talking about real companies that have real assets and revenues? Because that's what it sounds like you are talking about.
Lol right .. long since $25 and doing ok
He closed his short recently. Should have stuck to the housing market.. forgot that many smart people had their face ripped off in 2020 shorting TSLA to the tune of $42 billion
Last chance to buy over $32K! 😉
Pico-Top Signal 😏
I meant 31K!😕
I mean $30k!😵
I’m confident crypto isn’t going away. Millennials are the first digitally native generation. The volatility isn’t non-existent for securities like Netflix or Facebook, either.
Not so. Collectibles like cards and comics are at an ATH. That said, these are also a terrible investment.
If only I had a couple of mint alpha release black lotuses like one of my high school friends.
Don't forget Pogs and Garbage Pail Kids. That's a sound an investment strategy, powered by nostalgia.
Sports betting and casinos are also not going away. But no one calls them investments and compares them to Netflix.
I have an Alpha Lotus worth ~$500K.
I wouldn't say they are "terrible"... depends on what you have. I would say that 99% of them are indeed terrible. If you don't have the high-end stuff, then it doesn't matter. If you know what you're doing, you can reap a lot of rewards. That's how I make more than my average pathology salary 😀
I think he's referring to a piece of paper with a picture on it.
LOL OMG
They are "terrible" in that they are non-productive assets. They still operate on a similar (stupid) zero-sum game that crypto does- the "greater fool" theory. You can only make money if someone out there is willing to pay more than you. As opposed to crypto, demand is not generally only created by FOMO (a false sense of increasing value), but by sentimental reasons. I collect comics and have a lot of valuable ones, some worth thousands of dollars. But I know they are not a good investment, even if their value appreciates over time. This is because although rarity and time affect their value, they are nonproductive and have value only if people covet them. Superhero comics are definitely at an ATH right now, but this genre has permeated the current pop culture landscape. But this will not likely last forever. Remember when cowboys were relevant? I don't. Stamps are also mostly worthless today, although this was not true in the past.
I think it's this:
I think it's this:
Black Lotus | Alpha | Card Kingdom
Alpha: Black Lotus. This is the most expensive and iconic Magic card in existence. It is currently banned in Commander, Legacy, and restricted in Vintage.www.cardkingdom.com
It is a Magic the Gathering playing card that is really rare. It's highly sought after by giant nerds who live in their parent's basements.
Of course the problem with this "investment" is that when they stop making Magic: The Gathering cards and people stop caring this thing will be relatively worthless. That could be tomorrow or it could be in 50 years. I'd rather have a Lotus hypercar I can drive, but that's because I don't value playing cards.
Is now a good time to buy? 🙂
I know, right? 🙂
Collectors are born, not made. Everyone has their own hobby/craft and that's what makes everyone unique.
