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The game is rigged, crypto has become a stock market with extra steps.

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by COINS NEWS 149 Views

Not sure if it's just me but it looks like a lot of people quickly realise now that crypto isn't some Messiah coming down to Earth to save us all.

The game is rigged and it doesn't matter if it's stocks, crypto or whatever. At the moment they all trade in tandem. Big Wall Street guys, VC investors and the house always wins, we are just sitting a watching it trying to hop on the back of that wave to ride it with them, that is the reality at the moment I'm afraid. Decentralisation is just a slogan for small folks like us to get tricked and start investing during the FOMO phase.

Crypto still gives a lot of opportunities especially if one is lucky enough to get on a project early at a very low price but there are so many scams out there that it's becoming harder and harder. And I think that the sooner people realise that this space is completely rigged the better. Whales are accumulating like crazy right now and they'll just dump it on us and freshies once the new FOMO kicks in during the next cycle.

Governments are blocking projects left and right, imposing regulations and it isn't looking very good, to be honest, oh and CBDCs a probably our future too which is extra scary. Your thoughts?

submitted by /u/rootpl
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