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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @eamonn Everything is Ponzi when you choose to look at it that way. Consider: Network Effect phenomenon. Or how stock prices go up and down. Tokenomics. Just shouting “Ponzi” is a shallow and obviously uninformed argument. Price went down (like the entire stock and crypto market the past year)...
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    Fellow millennials, how are u guys doing economically nowadays?

    @lilyanna Same story here. My mom bought ours for 10k in the 90s. And she was a housewife doing selling random stuff in the neighborhood. Can’t do that today.
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    Fellow millennials, how are u guys doing economically nowadays?

    @be4christ My mother says me and my younger sibling has it best, that our father never had this high of a salary. But neither did my 4 older siblings, 10-17 yrs older than me. How the fuck ever, purchasing power then doesn’t seem as bad as it is today. Wages don’t keep up with prices. You can...
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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @elaguy Do you do trading? I ask because it’s a common occurence where people “catch falling knives” with the idea that it’s a “sale”. Tales as old as markets themselves.
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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @barbararita Ending, nothing new to add to this discussion except mentioning your low risk investments. Like my original point, piss on high risk investors when you’ve already mastered that game. Otherwise just go on with your low risk appetite bc no one’s pissing on you about that, yet.
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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @barbararita You don’t have SL/TP levels, because if you did you’re not in paper loss - you’ll have realized losses but you’ll know how and when to reentry. You don’t have any strategy, you just have hope and put money on it. If you’re an investor worth listening to, you’ll know betting only on...
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    Balik Pinas or relocate to first world with average income

    @resjudicata Marami pa ding bagay na hindi mabibili ng pera sa pinas e. Like maybe bukod sa maayos na transpo at dignified commute or walking, e mga parks near your workplace, hindi nanlilimahid na weather o mga extreme na bagyo at baha, etc.
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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @barbararita Funny guy. “Paper loss lang” literally implies na HODL lang din strategy mo until makarecover. Amirite?
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    "How NFT Game Axie Infinity Exploited Filipinos In Poverty And Put Them In Debt"

    @bruce_f Oh yeah lots of people here too saying “buti di ako pumasok” as if their investment portfolio has skyrocketed the past 12 months. Just different risk appetites. You win some, you lose some. Hope they’re excited when others start dissing them when it’s their turn to lose.
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