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Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out (459 Views)

SEC Issues Regulations Governing Transactions In Cryptocurrency, NFT & Others / NFT Investors Thread / Bill Gate Said And I Quote (2) (3) (4)

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Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by Olam09(m): 3:35pm On Jun 19, 2022
These are not the best if times for crypo investors, and it seems no one can explain what is actually happening.

In the last six days, Bitcoin the most valuable cryptocurrency has lost over N66.5 trillion of its value as investors count their losses One of the world's richest man alive and a serial investor seems to be having the last laugh following is consistent non-support for cryptocurrency.

For cryptocurrency investors reading this, before the end of the story, you could have lost at least $1 dollar of your investment. This is how bad the market has been in the last few weeks, and one of the most valuable coin is threatening to fall below $20 for the first time.

The downward trend of the crypto market has left one of the loudest critics, Bill Gate once again asking why are people investing in it.
According to him, those digital asset trends are "100% based on greater fool theory. In a report captured by CNN, the Microsoft co-founder referenced the notion that investors can make money on worthless or overvalued assets as long as people are willing to bid them higher.

prove the world immensely." Instead, Gates said he prefers old-fashioned investing. His words: "I'm used to asset classes, like a farm where they have output, or like a company where they make products."

Read more: https://www.legit.ng/business-economy/money/1474840-bill-gate-laugh-cryptocurrency-nft-investors-billions-whipped-days.

Re: Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by TimmyA: 3:41pm On Jun 19, 2022
Nothing is permanent, change is constant. Tomorrow might be his own day of failure
Re: Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by Deborah98(f): 3:46pm On Jun 19, 2022
If this was in the olden days or probably Biblical olden days, David will be like o ye my enemies do not rejoice over me for when I fall I shall rise again. I tried learning this crypto one time but God ah no understand anything cry
Re: Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by ProfGday(m): 3:47pm On Jun 19, 2022
I laugh at a fool building skyscraper in the sky
Re: Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by TrumpDonald2: 8:22pm On Jun 19, 2022
I still don't know how these coins get their value. Anyway, it might still rise again.
Re: Bill Gate Laughs At Cryptocurrency, NFT Investors As N66.50trn Is Whipped Out by Goldbw122(m): 9:17pm On Jun 19, 2022
It will rise, takes time.

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