>tfw you realize crypto prices are only increasing because bagholding blockfolio-obsessed NEETs like me are watching as other FOMO NEETs are panic buying and we're all just pumping money into speculative 1s and 0s that aren't worth jack and can't actually do anything IRL that founders and whales are cashing out constantly and making money off us and it's all going to tank in price when we all try to cash out (which we can't) and even then we have to pay 50% taxes on our "gainz"
>>2417363
Its actually far worse than even that.
>>2417363
I have 2 ETH, and will cash out once they're both worth $500. I'm not greedy enough to hold until one coin is worth $1000+
>the sky is falling the sky is falling
Yes that's right OP. NEETS have pumped $100 Billion into Crypto
>>2417363
50% tax? Where the fuck do you live? US has 15% capital gains tax on investments held for >1 year.
>>2417363
Maybe for shitty meme coins, otherwise no. Big business is involved now.
>>2417363
you buy 1sat ... me, I buy 10000000 sat coins.
>>2417528
That's not how that works. Not everyone got into crypto at it's current bull market prices. All of crypto is only worth that because a select few made recent purchases at current exchange prices. Market cap not at all an indicator of how much money went into crypto.