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crypto for dumb fucks - 2021 version

 Ok, back again.

Nothing has really changed, but, here you are.  You are retarded, and that's OK.

Step 1: get a gemini account and set it to auto-buy BTC with 1-10% of your paycheck.  Now go away, you're going to win.  Come back in 2025.  Dead serious.  If you are not retarded, just stop reading right here.

Oh, you're really dedicated?  You can do one of these next three things

1) Become a bitcoin maximimalist.

To do this, you need to understand that currency (dollars, euros) are just placeholders used to transact value.  They have no intrinsic value.  Obviously.  Then make note of the fact that there's a bunch of them (tied to nation states) and those nation states have federal banks that play some magic backroom circle jek shit, and you're not in on it.  Also, note that they're all inflationary (you can just print them).

Next, do you know the internet?  You know why it works?  Because it's based on a set of open protocols that anyone can implment.  Without getting into some stupid arguement, lets be ok with the statement that no one "owns" the internet.  It's an idea.  Like math.  That's why it's so successful.  

So - now that you understand currency and the internet, enter BTC.  Bitcoin.  It's a currency (like dollars) based on open and unowned protocols (like the internet).  And, it's math.  And, it's deflationary.

What does that mean?  BTC will become the defacto means of storing and transacting value.  Unless you're retarded or a bootlicker.  

if you're moving on to 2 or 3, please bookmark this https://cryptogriefcounselor.com/

2) you can be a trader

This is a little easier.  Go read study up on forex and leveraged trading.  Take a month.  Then study up on day/swing trading.  Lots of books out there.  There's no magic system.  Read up on a few "magic systems" like Ichi and whatyver.  Take a month for that too.  Then go get on an crypto exchange.  Youtube that shit.  Please note that if you don't use a regulated exahnge (like Gemini or Coinbase Pro or  Kraken) you're retarfed and will lose all your money to martians.  Crpyto trading is just forex but with waaay more pairs and 24x7.  Seriously.

3) yolo/holdr

Just ask your cousin/borhter in law/coworker/youtube/your cat what will make you rich.  Buy that.

In summary:

Don't say "hodl" don't call them "shares" and never, ever ever learn about risk managament.

Comments

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