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Investment / Re: Rubbish Investments Opportunities Everywhere On Nairaland by Cryptonaire: 9:58am On Jun 24, 2019
@greenmonk , lol I think you're still leaving in the cave. We're talking about Bitcoin, not your worthless Nigerian investments. Even Warren Buffett you referencing to is not God as he himself has admitted his failure to invest in top tech companies like Google and Amazon earlier which he once dismissed.

You know what? He's now FOMOing to buy Amazon shares, which is now very expensive, compared to when it was cheap, see link http://fortune.com/2019/05/03/warren-buffett-amazon/

The same Buffet dismissed Bitcoin when it was below $600.. Now Bitcoin is above $10,000 and once hit $20,000.. If Buffet had paid attention tech, he would have been by far the richest man in the world.

The truth is, new and disruptive techs are known for their outrageous returns, this is a fact. If you decide to take them for granted, you're only doing yourself. And you talk about 3.5% for 100 days, really? In crypto, this is nonsense. Market Makers make 1000% . Even people who just buy without trading make far more especially in a bull market, the market we are currently in now.

1. If you invested $1,000 in 2011, you'd be a millionaire. (Which other traditional investment can do this? None!)

2. NXT — 1,265,555% ROI.. was created in 2013. Which traditional investment can do this?

3. IOTA — 424,084% ROI.. Created end of 2015.. Which traditional investment can do this?

Others are Ethereum, Binance, etc. All these look outrageous but it's possible because the technology is new and disruptive. You'll notice that all these gains were made by merely holding these coins.

Now imagine what market makers, who control the crypto market, make. Imagine what miners make. Lol.. 3.5% is nothing compared to what these market makers make daily.

It's true that scammers are taking advantage of the system, but that doesn't mean the gains are unrealistic. If anything, it's tiny compared to the outrageous gains the crypto industry is known for producing.

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