Bitcoin plunged to as low as $39,787 Tuesday as investors learned that Jerry, the cashier from GameStop, decided to stop his $10 Bitcoin DCA.
DCA (Dollar-Cost Averaging) is when an investor puts a set amount of money into an asset every certain amount of days/weeks/months regardless of the price. When questioned about the decision to stop his DCA strategy, Jerry said "I have been notified by the wonderful r/Buttcoin that Bitcoin is a Ponzi scheme and will be going to zero shortly. I am sorry to everyone I let down by pulling out of the market and causing a crash, but you need to realize sooner or later the gig will be up and all of your money in Bitcoin will be lost. Get out while you still can. This is not financial advice."
Elon Musk's Grok is producing hate-filled, racist posts online after being asked for "vulgar" comments in the latest concerning trend by users on X.
Elon Musk's Grok is producing hate-filled, racist posts online after being asked for "vulgar" comments in the latest concerning trend by users on X.
Some water companies are instructing bailiffs as they try to recover customers' debt more than 6,000 times in a single year, new data reveals.
Indonesia has become the latest and most populous country to say it will ban social media for under-16s.
People on obesity jabs will regain the majority of the weight they lose within a year of stopping the drugs, a new study suggests.
A major VPN service is becoming one of the first to block websites known for hosting child sexual abuse material (CSAM).
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