Ask HN: Anyone lost a lot of money with NFTs/Cryptos? What's your story?

Re:Ask HN: Anyone lost a lot of money with NFTs/Cryptos? Wha... by kylebenzle on Tuesday October 24, 2023 @11:24AM (#38000458)

1. Until USD inevitably collapses under the weight of its own indebtedness and fraud.

2. Yes, you made a mistake. Use the "Rake Method" many of us have preached for a decade. No guessing needed, profit taking can even be automated. It's all very simple.

3. Yes, a great buying opportunity.

4. Yes, I bought a lot around $150's. Using the rake method you can't go wrong. If it's more cash than I need I buy gold. Easy. Angin, the research is already done, and we have a solution to your issues, the rake method.

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Re:Ask HN: Anyone lost a lot of money with NFTs/Cryptos? Wha... by vlod on Tuesday October 24, 2023 @12:33PM (#38001581)

>No guessing needed, profit taking can even be automated. It's all very simple.

I assume you have a net worth > $100M right? as it's so easy.

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Re:Ask HN: Anyone lost a lot of money with NFTs/Cryptos? Wha... by alfonmga on Wednesday October 25, 2023 @08:54AM (#38012258)

I didn't know about the "Rake Method". It seems a reasonable strategy.

I implemented it in Go code: https://gist.github.com/alfonmga/50864730c3ebce7491542d146ed....

Cheers, mate.

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