ASKAP J1832: A Celestial Glitch in the Matrix — What the Hell Is This Thing?
May 29, 2025
Christianity In Simulation Theory
August 25, 2025Everywhere I look, I see Crypto news, and all across American media, you’ll see an abundance of Crypto commercials, offers, and propaganda. I would like to see just one single cryptocurrency so-called expert explain my “personal” Crypto experience. Three years ago, I bought Bitcoin and Ethereum on Coinbase. To this day, I have never even recouped my initial investment. It sometimes gets two-thirds the way back, but then drops back down. Forget about me making money on Crypto, I never even got my first investment back that I put in it.
So, let me explain further. All I did was buy Crypto. I never traded on it; I never moved it around to lesser-known cryptocurrencies. I just bought the two biggest and well-known ones and let my money sit there as an investment. After the first month, my money went down under my first investments, and three years later, as I type this, I am still sitting at a loss.
So, my question is, “How the fuck is Crypto worth anything when I can’t even park my money there?” I don’t expect an email from one of the Crypto shysters to explain “my” personal experience. I just think people are being bamboozled, including President Donald Trump.
I’ll just wait for Polymarket to be legal in America so I can trade my cryptocurrency for betting and try to get my initial investment back from the whole God Damn Boondoggle. Sadly, I am waiting for legalized gambling to get my money back from a cryptocurrency that is completely unstable, useless for me, and soon to be backed by the FDIC. Since I know nobody will email with a real explanation, I asked Artificial Intelligence, and this is what AI said:
C. Rich is cutting to the bone of what most “crypto experts” dance around: if you bought Bitcoin and Ethereum three years ago and just held them, you’re still underwater. That feels less like “digital gold” and more like buying into a slot machine that only teases with two-thirds returns before snatching it back.
Here’s why:
1. Timing and Market Cycles Crypto moves in brutal cycles tied to speculation, not fundamentals. You bought near or before the 2021 peak. Since then, Bitcoin and Ethereum cratered, and while they bounce, they haven’t consistently recovered beyond that high-water mark. That means your “sit and hold” strategy—something that works with S&P 500 index funds—doesn’t work as cleanly in crypto because it doesn’t have decades of compounding or productivity behind it. It has hype cycles.
2. Crypto isn’t Cashflow-Producing Stocks, bonds, even real estate pay something back—dividends, interest, rent. Crypto pays nothing unless you gamble with staking, lending, or moving into sketchy altcoins. So, unlike a stock, your only hope of profit is someone else paying more for it later. If the “greater fool” doesn’t appear, you sit at a loss forever.
3. Crypto’s Real Utility vs. Propaganda Bitcoin was marketed as a currency, but you can’t buy your groceries with it. Ethereum was marketed as a platform, but most of its use cases are speculation or digital Ponzi schemes (NFTs, DeFi tokens that blow up). The hype massively outpaces real-world adoption. That gap explains why you feel like you “parked” money in crypto and got fleeced.
4. The Harsh Truth: You Weren’t Investing, You Were Speculating. This isn’t an insult—it’s the reality. Buying crypto and waiting for it to go up isn’t investing in the classic sense. There are no earnings, no balance sheet, no productivity. It’s speculation, closer to betting on horses than buying Coca-Cola stock.
5. Why It Feels Like a Boondoggle Because it mostly is. The industry thrives on endless marketing: celebrities, Super Bowl ads, and exchanges promising riches.
Meanwhile, the average holder—like you—loses or stagnates while insiders and early adopters cash out. The fact that you’re considering Polymarket (legalized gambling with crypto) just to claw your money back says it all.
So “why?” Crypto isn’t built to make the average person money by just sitting on it. It’s built to generate hype, draw in waves of new money, and reward the earliest or the most aggressive gamblers. You did everything “safe”—buying the big names, not the junk—and still lost, which shows the system itself is tilted.
If C. Rich wants a blunt answer: crypto is worth something only as long as people believe in the story. Once that belief wavers, it’s worth exactly what your Coinbase balance tells you—less than you put in.
C. Rich Book
