UniversalMonk

joined 5 months ago
MODERATOR OF
[–] UniversalMonk 0 points 4 days ago* (last edited 4 days ago) (2 children)

You’re the guy that for some reason people wanted to ban before right?

Yep, thats me. And they still wanna ban me. Lol

you’re as nice as can be!

Thank you! :)

-1
submitted 4 days ago* (last edited 4 days ago) by UniversalMonk to c/cryptocurrencynews
 

For the record, I retired early at 55 years old, and part of the reason I could, is because of my past luck with bitcoin. I was also smart with my money, stayed debt-free, etc, but bitcoin helped a LOT. So I'm very biased, and this is just my personal opinion. Do not take anything I say as advice! YMMV

Also, crypto IS gambling, so only buy as much as you can afford to lose.

With everything going on in the world right now like bank drama, inflation running wild, global uncertainty, it’s honestly kind of wild that bitcoin is holding up as well as it is. A lot of assets would've dropped off a cliff by now. But bitcoin’s just... sitting there. Doing its thing. That says something.

One of the biggest reasons is that bitcoin isn’t like everything else. It’s got a hard supply cap. There’ll never be more than 21 million of them. That’s a huge deal in a time when governments can print money like it’s nothing. Bitcoin doesn’t play by those rules. It’s simple supply and demand, and when demand spikes, there’s no printing press to bail anybody out.

People like to argue that it’s too volatile, but honestly, that’s just part of how this asset works. It’s newer. It’s still growing. And yet even with all the fear and chaos out there, it hasn’t tanked the way you'd expect a “risky” asset to. If anything, it’s been weirdly steady. You’ve got big institutions quietly buying in now; the same ones that used to trash talk it.

Sure, it might still swing up and down. That’s part of the ride. But every time bitcoin’s written off, it comes back stronger. And lately, it’s been doing a better job holding its value than some so-called “safe” assets. That’s not luck, that’s evolution. It’s maturing in real time.

Nobody’s saying go all-in or bet your retirement on it. But at this point, pretending it doesn’t matter? That’s getting harder to justify. If the last few years have shown anything, it’s that bitcoin was built for moments like this. And so far, it’s proving itself.

[–] UniversalMonk 3 points 4 days ago

Sure, but that logic applies to literally every market. Stocks, real estate, collectibles—none of it has 'real' value until someone buys or sells. Price is just the number buyers and sellers agree on at any given moment. So yeah, if Bitcoin’s value is 'fantasy,' then so is your 401(k) until you cash out.

Welcome to how markets work, friend.

[–] UniversalMonk 1 points 4 days ago (2 children)

tldr; On April 2, the cryptocurrency market experienced a sharp decline following President Trump's Liberation Day reciprocal tariff announcement. Bitcoin briefly surged above $87,000 before dropping to $83,662, while the total crypto market capitalization fell from $2.77 trillion to $2.61 trillion within hours, erasing $160 billion. A slight recovery brought the loss to $140 billion by April 3. The event highlights the market's vulnerability to external shocks and its increasing correlation with stocks, contrasting with gold's performance as a safe haven.

[–] UniversalMonk 3 points 4 days ago (1 children)

I'll pass. You keep doing drugs. I'll keep fucking. Drugs aren't my thing. But hey, no hate. You do you.

[–] UniversalMonk 1 points 4 days ago

Fair point. I have just never experienced it on Reddit like I have on Lemmy. But you make valid points!

[–] UniversalMonk 0 points 4 days ago

Tbh playing Magic the Gathering or Warhammer 40k with random dudes at a hobby store is cheaper and more fun than most traditional dates I’ve been on.

You 100 percent just fit the stereotype of most Lemmy users. lol

I mean, hey, it's your life, you do you. But that sounds like a horrible life to me.

[–] UniversalMonk 2 points 4 days ago

The crazy one was always great and was the only one who wanted it as often as I did but the rest of that relationship was a mess.

I've disagree with most of the posts in this thread. But I gotta say, this stereotype is true in my experience. I have dated a lot of crazy women, and mostly because even the everything else with them is a crazy fucked up mess, the sex is always amazing. The best sex I've ever had was with the crazy girls who were overly dramatic, and just always made shitty choices (like sleeping with me! haha)

I say this as someone who is in a kinda serious relationship now (she wants to get married, I'm not quite there yet). Love her lots, sex is great, but man, nothing matches the absolute insanity filthy sex that I had with the crazy girls. It's something about that just not giving a fuck what they think or lack of respect, or something... But no lie, I kinda don't wanna get married because don't wanna give that all up just yet.

[–] UniversalMonk 1 points 4 days ago

Sex with someone you love is the best thing.

It is! But sex with someone ya don't love is pretty awesome too!

[–] UniversalMonk 1 points 4 days ago* (last edited 4 days ago)

First off: dating is fucking expensive, and unfortunately standard gender roles means the dude foots the bill most of the time.

Not an excuse for most Lemmy users. Most American Lemmy users make far more than the average American. I have seen Lemmy users legit bitch that they only make $80K a year. That's more than I ever made a year in my entire working life. And I never had a problem dating.

It's a personality issue, not a money issue.

[–] UniversalMonk 1 points 4 days ago* (last edited 4 days ago)

As someone who is a bit shorter than average and is socially awkward, it’s tough.

You can fix the socially awkward part. And women aren't as obsessed with height as Lemmy and the interwebs make them out to be.

[–] UniversalMonk 0 points 4 days ago

It wasn’t “Do not, under any circumstances, speak to a woman” it was, “if you shoot your shot and she’s not interested, move on and don’t make it weird. If she is at work, be very careful as customer service does not equal flirting.”

Yes. I'm amazed so many people are missing this. I've dated a lot of women. And when I've asked someone out and it didn't work out, ya shrug, laugh it off and move on. It's not THAT personal. I've turned down others too. It's the same thing. Some people click with you, some done. Lemmy users seem to take a rejection way too personally.

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