Will the moon-boys be returning?

in #powerhousecreatives5 years ago

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One of the nicest things about the long crypto winter has been the silence of the hyping and shilling from all quarters from moonboys who hopped on at the wrong time. The ones that would be promising a guaranteed 10x return on your investment if you sent a few hundred dollars or euros to their "crypto investment hedge fund". The ones that also made heaps of their advertising outreach on sites like Fivr.

I remember when I first came to Steem, there were heaps of these accounts... And now that the easy money is gone, it is blissfully quieter on that front with much more introspection and analysis. After all, any idiot can make money in a bull run, the trick is realising that it is not due to your genius in picking the right 3 letter rocket ship to the moon!

However, as the cryptocurrency ecosystem warms up again... I wonder if the scammers and geniuses will re-emerge. Anyway, stay on guard... Slow and steady, be ready to lose it all... This is still a risky and unknown space and anyone that tells you otherwise is full of... Unicorn dust...

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How could they ever have left when they watch crypto charts on 1min market 24/7 freaking out over every spike every 10 mins screaming there a moon coming lol.

Oh, it is a hell of a lot quieter than before! I remember seeing posts that would promise 10x returns if you only invested in their crypto fund.

You know, I feel unsafe whenever there's too many shilling and hyping going on...most of them are like advertising something to be too good to be true and they don't really know what they are actually advertising well enough. Steem was relatively quiet when I first hopped on so I stayed...guess that was lucky for me.

It's true that everyone here is literally walking on a plank and anything can make us lose everything here...but you know, no one says that printed money can't suddenly lose value one day :)

Yes, crypto definitely is a pretty risky prospect... I'm more of the opinion that the days of high returns are likely behind us... But slow steady growth is still possible!


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