Hot take: crypto is dumb.
this post was submitted on 12 Oct 2025
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That take is lukewarm at best.
People are dumb. Currency cannot work if it's not used as a currency. Cryptobros "investing" in it are the dumb ones, trading currency as it's stocks or something (not to mention, that stocks are dumb as well). How can it not be volatile?
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You say that as if you don't think the entirety of capitalism is dumb.
The difference is that first currency is backed by nation state trust.
Crypto is touted as independent of that, except we've seen that's not really the case in recent years. So yea, what's the point then of crypto?
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Crypto's on sale again?
It's fine just the monthly pump and dump you didn't benefit though so enjoy the extra cost as funds just got shifted again
Time to buy
At first cryptos had a true value, as in people wanted it and saw the potential of the coin itself, and not of the price it had, thus raising the prices. Then it changed. Capitalists with their huge capital started playing the market. So instead of the cryptos having a monetary value based on their actual value to society, they got their monetary value from previously monetary values. This means that the value of the cryptos shifted towards how much value it could provide to the people investing in them.
At this point anybody with half a brain should have stopped caring about the actual monetary value of cryptos. Bitcoin was made for one thing and that was to be a decentralized alternative far away from any government. And now you have one government, that only consists of a mere 5% of all humans, that somehow made the market crash? Everybody that doesn't think this is beyond crazy is getting played, hard.
Crypto should have been about taking power away from banks and capitalists. And maybe there are projects along those lines. But for the most part it's been co-opted by exactly that sort of asshole.
Now crypto exists mainly as a microcosm of human folly.
Crypto is dead again? ... And it's back.
All went into some billionaire’s pocket who got a tip from the administration to short the stocks.
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That's my secret trick: if you never earn enough money to be able to afford to invest, you lose nothing when the market crashes
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How is a 10 percent drop in BTC price considered a great amount of volatility?
I don't get it
They’re saying some guy in china cashed out trillions because of the trump tariffs
In 1987 the s&p500 fell 20%
Yeah, Black Monday and similar in the Dot Com Bubble, the Sub Prime Mortgage crisis, and COVID.
But these are events that got named. BTC loses a chunk of value it's just Tuesday.
Have some in your portfolio, sure. But all crypto added together has a similar market cap to Microsoft or Apple, and when BTC dips, all the other crypto follows it.
Individual share also fall 10% regularly.
If you weight you portfolio by asset value then 0.2% should be in crypto.
BTC loses a chunk of value it’s just ~~Tuesday~~ BTC.
How did it drop 10% when it's up 0.41% today?
I don't get it either
Depends on the time window you look, if the shorter time windows and volatilities get you exited, you are an idiot and should not invest in anything.
BTC has an upward trend over the last 10 years. That's what people should look at IMHO.
Volatility can be measured. There is no way to say BTC is not volatile. Historic charts also will not help predicting the future.
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People in 2020: "I'm buying at the bottom of a market, I hope I get 30% yoy returns for the next five years"
People in 2025, last week: "Omg, it happened! I've more than doubled my money in less than five years!!! Crazy!!!!"
People yesterday, after a 5% market correction: "I'm destitute"
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