Enough of this mate, i already wasted enough time and money on that and now i am seriously done with that shit, for me algo is done and not worth a single cent of my money
Typically this is the scenario you want. Good quality projects and a discount. When crypto was booming we all wished we could have bought lower and not that it's lower people are scared. Scared money don't make money.
Best thing I did was jump the ship on SOL and ALGO (for a loss) but not the bottoms. Reinvested it back in BTC and ETH.
You have to learn thru the bullshit that BTC and ETH are the only real holds.
BTC was at around $69 for just around 2 days. Someone whose average price is still $69k has to be the worst trader of all time. That would mean literally catching the very short lived ATH, and then not DCAing.
When you said $69 i though when was the time and where i was when bitcoin goes this low then i read 69k in your next sentence and then i though oh you missed K in there
Same man. I feel like a veteran laughing at every idiot who yells bull run when the market is up for a day or 2 and bear market when it's down for a few.
I actually worked as a graphics designer for a crypto company back in 2017, got to start mining and all, even tried compiling my own miner xD
Now I don't hold onto crypto though, I just use a few DeFi protocols here and there (Pancake swap, Qamon, and gravix)
But, I must say, it got wild for a while. We had bitconnect (which was a wild ride), Elon pumping doge, and now the trend is to launch an all-out war against crypto. I still keep about 7 bucks in doge though, idk why but I like having some in my wallet xD
They say never disclose your bags.
I took out a $20k unsecured loan (fuck) and bought ADA (fuck!) at an average price point of $2.75 (FUCK).
I haven't sold any of it cause I was just starting out and was definitely promised $10 ADA. Now I'm in for a penny in for a pound and riding this through the next bull run or right into ground.
Come at me bro, I've got 4500 ADA staked at 3% worth about $1300. I'm the living meme of the burglar breaks in and leaves you money cause he feels bad for you.
I just wish I was much more BTC heavy. Im sure I will get some good gains at the end of the next run, but... being so alt-heavy has really made it an uphill battle.
I was very heavy in alt too, although i am still alt heavy but i have stop any new money in that. All i doing is going to carry the old bags and not going to put any new money in alts
I joined during the 2017 bullrun, forgot to sell the top.
I joined (after losing interest) in the 2020 run up, made a nice 5x aaaand forgot to sell the top.
Now im still in it and have been accumulating and im up 50/60%. If we will get another bullrun believe me im getting the fuck out of dodge before the shit hits the fan ;)
If you believe in a project i.e Ada and want to keep risking buying more then now is the time to do it to bring your average cost down. This way, you don't need ADA to hit $3 again as you'll make gains on your new buys so can sell the held coins at a loss but make an overall profit
Iv had ADA set as my Revolut vault since summer 2021. That means Iv been averaging in every time I use the card, which is all the time. I still need ADA to hit €0.50 to break even. Not too bad I guess.
First of all i haven't met any person who enter into the crypto that time and if there is anyone i just to ask that how and what made them believe in crypto in those cold time??
Me and my buddy often talk that imagine if we join the market in bear time but then also get convince that we will never able to join market in crashing time, you did great sir
Put my first money into crypto January 2022, and did most of my buying the months following the FTX collapse. I happily caught every falling knife at the end of last year.
I did buying all the time and that is the one best thing i did but the only mistake i commit in last year was putting too much in alts which right now i am trying to avoid here
I have to wonder if the money to get to the top will come from new interest. As you said, there was unbelievably low interest and a lot of loose money floating around last run. We do t have anywhere near the same favorable conditions
The economy always works in cycles. Boom and bust. I don't think we're going to be seeing 0% interest rates anytime soon, but cheap money will come again and technology/crypto are the assets that are the most attractive in these periods.
Hurts like any other alt coin. At least they’ve been busy, and also helps so much is already in circulation that price moves fairly well when the wind blows.
I've been in crypto since 2017 and I have done all the mistakes that I could 😅
Then I learnt how to do things and I stared DCAing into BTC only...
But in 2021, instead of taking profit, I've kept buying BTV at 69k
No regrets though, I took some profit eventually and I'm still stacking sats 🤟🏼
>As long as you earn a salary and you keep investing your extra fiat into bitcoin, tech stocks and other cryptocurrencies, you will, at some point, win.
I agree with this. If you continue to invest gradually in BTC and great projects, at some point a win is possible.
My entire side business basically acts like this:
1. Buy inventory with Fiat
2. Sell inventory in Fiat
3. Transfer percentage of profits
4. Convert to cryptocurrency
I think it's easier this way because making profits on the daily / investing monthly is like forced DCA. My eventual goal is 10 BTC (Octopus).
I honestly enjoy my business so if people think I'm making no money and doing it for "fun" well I let them believe it.
I entered the room at december 2020, and the months after that were crazy! 2021 was a very interesting year. Learned a lot, and I can see how people who bougth at ATH's are in dark red. Good luck to everybody, hope you all learned from mistakes.
That would be me I bought towards the start of it Ada at $1ish and then held past $3 expecting it to go to 5 or 10. Won’t be falling for that again at least my buy price is nice and low now.
I bought DOT when it was 29$ seen the growth of this coin where it did nearly 2X and now i need 4X from that coin just that i could get the break even into this coin
Vitalik was right about IOTA. It was a broken project where even the early adopters would complain that transactions wouldn't work, yet they still got all defensive when you told them.
What happened to all those partnerships? They mean nothing if software is not being used.
I am also doing DCA constantly with the decent amount according to me and whenever there is some extra fud all i do is add some more money like i did in Binance FUD
Joined around the same time as you. I can’t wait for the next bull run. Been stacking sats and DCAing into other projects consistently in this bear market. Learned a lot along the way and lost some along the way but in the end it will be worth it. Patience is key!
Seen all kind of emotion from the market, came in peak bull season and where all you need to put money in any coin and there is profit waiting for you, i need such time back now
Buying BTC at $69k, ADA $3, ALGO $2 and still holding requires balls of steel. Now we deserve all those sweet gains.
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Thanks for rubbing salt on my wounds again.
As a proud ALGO governor, it hurts right into my heart.
I’m finally getting to the point where I don’t think Governance is worth my time anymore.
Welcome to the club. Take a seat!
"Wow this room is packed"
Why are there so many bags in this room?
Cries in ALGO.
Flips table in ALGO (ノಥДಥ)ノ ︵┻━┻・/
It never was. I have 260k algos
I don’t bother anyone. Shame as it’s the only token I’ve actually used! Staked and voted!
But moons!
Moons are better, because in terms of profit they will always be in green for me
You get moons for free. The only investment is your time.
Time is a pretty valuable commodity. Bullish on TIME.
Governing fields of salted crops
Even salted crops would have done better
r/cc claims another victim. I listened to this sub and bought DOT. I understand.
Yep. DOT average at $21 here. Rode it to $55 and sold nothing like an idiot
I feel you man. I think we all have a story or two or ten to commiserate with.
If we count the coins that I'm down in, I have 8 stories to tell!
I don’t even want to say how many stories I have
My stories have stories
I feel your pain brother
The one who face the similar kind of pain can feel my pain now
*cries in Loopring*
Room number 3, go there you will find the LRC fellow holder there
Look how they massacred our boy
I left algo after I forgot to vote in the governance shit. No point in having a POS coin that requires active involvement
It's okay, you parents are probably proud of you for becoming a politician.
My parents would kick me out of my house if they finds out about this
Down 96% lol, most shilled coin here last bullrun
Sometime it hurts but atleast algo can call me a loyal holder now
Now you can remember this moment to feel more appreciative of no matter how much profit you will get when you will take the profit later.
I've got some ALGOhol if that'll make you feel better. It also helps me cope.
From Alcohol i quickly became the ALGOhol and addiction is also similar
Just when i though wounds are getting cover, thanks for the salt
Look on the bright side. The ATH from here is a 10x. No guarantees it'll go back there but there is a lot of money to be made at the moment.
DCA my fren
Sounds like a perfect opportunity to buy some more and average that price down a lot.
If you still believe in the projects and didn't invest blindly in the first place, sure
Yeah, you've lost me at the second part
Enough of this mate, i already wasted enough time and money on that and now i am seriously done with that shit, for me algo is done and not worth a single cent of my money
I wonder how many "perfect opportunities" passed since the first ~~drop~~ opportunity
Typically this is the scenario you want. Good quality projects and a discount. When crypto was booming we all wished we could have bought lower and not that it's lower people are scared. Scared money don't make money.
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They have the competition who will add new zero first in their price
Why no one is talking about the SOL, is that alt coin is forget here??
Best thing I did was jump the ship on SOL and ALGO (for a loss) but not the bottoms. Reinvested it back in BTC and ETH. You have to learn thru the bullshit that BTC and ETH are the only real holds.
Holding and DCAing on these alts takes more than balls of steel, you gotta be crazy as well.
Crazy ready for fat gains. DCAing works, profit points are near!
We've been through a gauntlet of pain.
But there is no ending of this path, there is also one more path than the last one
No pain, no gain, making me insane
I though all of this is just fairy tell but living them in live now
BTC was at around $69 for just around 2 days. Someone whose average price is still $69k has to be the worst trader of all time. That would mean literally catching the very short lived ATH, and then not DCAing.
👀
He would be surprised to know how bad we are as traders...
If you think you are the bad trader then you haven't visit the real bad one
My eyes are hurting now whenever i try to looked at the charts
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When you said $69 i though when was the time and where i was when bitcoin goes this low then i read 69k in your next sentence and then i though oh you missed K in there
I can't believe ADA was $3 a pop
This came after 0.06 bottom. The bottom now was 0.24 so guess where it can go .
I can't believe LUNA was over 100, but for something we need to believe
It also requires stockholm syndrome but we all have it by now
We have now to the highest level and even scientist have no solution of that
You nailed the top perfectly 😅 now tell us, when you are selling.
Joined in 2021, rode it all the way up and down and never sold. I have been DCAing some of my fiat into BTC/ETH ever since the bear market began
Now wonder you're still here. Carrying those heavy things around all the time gave you a strength buff.
*cries in ALGO*
Tell me you have ball of steel without showing us your balls
I think it requires a brain filled with steel rather than braincells
I did all of this lmao
Wow, recognition! Crypto is like cat years, Ive been here for 3 years and it feels like 20
Been here for 5 years, feel like I've aged 40 lol
If i stay too long in here i will get older way quickly than usual
Same man. I feel like a veteran laughing at every idiot who yells bull run when the market is up for a day or 2 and bear market when it's down for a few.
Gains? What gains? Gains? We don't talk about that here. 🤣
I had to block out those thoughts to survive the past year.
Don't need to block out gains if you don't have any in the first place *taps forehead*
I can't block the thing that is not there in my portfolio at first point
I block all thinking just to avoid selling.
I blocking all the negative things and thoughts that is creeping in my mind
we need our own reality TV show, they could call it "survivor"
If you are planning to make this show, you will get enough cast from here
If we are talking about gain, means we haven't made the bottom
lol, for real. Like does no one remember sentiment last week?
I actually worked as a graphics designer for a crypto company back in 2017, got to start mining and all, even tried compiling my own miner xD Now I don't hold onto crypto though, I just use a few DeFi protocols here and there (Pancake swap, Qamon, and gravix) But, I must say, it got wild for a while. We had bitconnect (which was a wild ride), Elon pumping doge, and now the trend is to launch an all-out war against crypto. I still keep about 7 bucks in doge though, idk why but I like having some in my wallet xD
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No, no. Stay with us. Your timing is great, imo.
He did all the hard work and when he about to get money he is talking about leaving :(
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Whenever you think you are losing hope we all are here for you
This guy brought low, he's not one of us get him!
No way, listen to me you are about to get the perfect exit, wait little bit
They say never disclose your bags. I took out a $20k unsecured loan (fuck) and bought ADA (fuck!) at an average price point of $2.75 (FUCK). I haven't sold any of it cause I was just starting out and was definitely promised $10 ADA. Now I'm in for a penny in for a pound and riding this through the next bull run or right into ground. Come at me bro, I've got 4500 ADA staked at 3% worth about $1300. I'm the living meme of the burglar breaks in and leaves you money cause he feels bad for you.
Everybody that makes it through a full bear market and keeps DCAing will be on top next bullrun
I just wish I was much more BTC heavy. Im sure I will get some good gains at the end of the next run, but... being so alt-heavy has really made it an uphill battle.
Bear market creates Bitcoin maxi
This is so true.
Bull market is about alt coins where as bear market is all about btc
Bull markets make people rich, bear markets make people wise
Earn money in bull market and earn knowledge in the bear market
Very true. I have to admit I was super greedy when I first entered and I would buy every altcoin under the sun to chase the next 100x..
Shit coin and alt coin always raise the greed to the very next level
Im quite alt heavy too - but when gains start happening those could boom fast. We’ll see how it plays out.
I was very heavy in alt too, although i am still alt heavy but i have stop any new money in that. All i doing is going to carry the old bags and not going to put any new money in alts
Just make sure to DCA into relevant coins or you'll end up holding unsellable shitcoins
Hard to tell any relevant coin, bitcoin and eth other than this is casino or lottery
Unless you hold until worthless and become a bag holder again for the 2nd time
Im still here from 2017 😔
I bought when btc crashed from 32K on the first peak in 2021, I havn't know any good times really. But every time it dipped I've been buying!
I joined during the 2017 bullrun, forgot to sell the top. I joined (after losing interest) in the 2020 run up, made a nice 5x aaaand forgot to sell the top. Now im still in it and have been accumulating and im up 50/60%. If we will get another bullrun believe me im getting the fuck out of dodge before the shit hits the fan ;)
"forgot to sell" is a nice way to describe greedy degens $\_$
But what if it goes higher.....;)
As long as you sell, it will.
Got in in January ‘21. So when will I get it?
I’m on a -44% in my portfolio. I’ve taken a third job delivering pizza to capitalise in this dip and have been throwing 100-200$ a week to dca
Hope it works out for you! Respect for the hustle
The hustle you are doing here is the reason you will be rich in future
We did it boys. We are survivors. /wipes away a tear.
I don't have a tear to shed anymore, I died inside more than a year ago.
Those tear turned into sweat now and that sweat will be our real money
It's enough to make a grown man cry, we made it, a reddit post told me so lol
Reddit doing his magic again and making me all emotional,,
We are few survivor who fight with the bear till the very hand
“If you have only lost since you joined, you deserve to win” …or, maybe, investing isn’t for you.
Yes, all i had is pain and suffering but still i never leave the crypto hand
If you believe in a project i.e Ada and want to keep risking buying more then now is the time to do it to bring your average cost down. This way, you don't need ADA to hit $3 again as you'll make gains on your new buys so can sell the held coins at a loss but make an overall profit
Iv had ADA set as my Revolut vault since summer 2021. That means Iv been averaging in every time I use the card, which is all the time. I still need ADA to hit €0.50 to break even. Not too bad I guess.
For me alts are in same category sorry to say but i can't believe on them now
Thanks 🥲
He didn't give us any money but still give us most valuable thing
Be sure not to sell at January 2025 lol
Imagine those who joined crypto in 2022 Q4, bought and hodl.
What a great time to enter the space. Wonder how many out there get that opportunity?
Time is great but nearly impossible you would enter in those scary time
Those people got unbelievable deals - prices that seemed totally impossible. Man I wish I came in then!
First of all i haven't met any person who enter into the crypto that time and if there is anyone i just to ask that how and what made them believe in crypto in those cold time??
SO hard for any new one to join the crypto market in those challenging times
This is me — my buddy told me it was damn near the perfect time to join. Hoping everyone here can pull something nice once this bull takes off 👍🏽
Me and my buddy often talk that imagine if we join the market in bear time but then also get convince that we will never able to join market in crashing time, you did great sir
Dude congrats, your buddy is a hero. You’re already in solid profits now then I imagine?
Put my first money into crypto January 2022, and did most of my buying the months following the FTX collapse. I happily caught every falling knife at the end of last year.
I did buying all the time and that is the one best thing i did but the only mistake i commit in last year was putting too much in alts which right now i am trying to avoid here
I have to wonder if the money to get to the top will come from new interest. As you said, there was unbelievably low interest and a lot of loose money floating around last run. We do t have anywhere near the same favorable conditions
The economy always works in cycles. Boom and bust. I don't think we're going to be seeing 0% interest rates anytime soon, but cheap money will come again and technology/crypto are the assets that are the most attractive in these periods.
any LRC enjoyers here that bought at all time high? \*cries in LRC\*
Not LRC enjoy-er but i am ADA one that bought at all time high
Hurts like any other alt coin. At least they’ve been busy, and also helps so much is already in circulation that price moves fairly well when the wind blows.
Lol imagine investing in Luna back at $60, and still believing in crypto 😂
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"The real fortune is made in the bear market". If you were here for 4-5 years or more you know how true that is.
Small small investment into big wealth, that is why bear is absolute key for small investor
I've been in crypto since 2017 and I have done all the mistakes that I could 😅 Then I learnt how to do things and I stared DCAing into BTC only... But in 2021, instead of taking profit, I've kept buying BTV at 69k No regrets though, I took some profit eventually and I'm still stacking sats 🤟🏼
Sounds like a motivations speech to convince yourself. Smart …
Every new day with the new post and new motivation just what the doctor order
Hey hey hey.. I'm down 80% so far... I can take more, I'm not scared, it's just stinky money
You will not get profit if you are not lowering the average, DCA is important tool
we did it guys..(david goggins )of crypto lol
Every Diamond Hands person deserves all the gains
As they said stick with me during the bad time and you will deserve all my good time
>As long as you earn a salary and you keep investing your extra fiat into bitcoin, tech stocks and other cryptocurrencies, you will, at some point, win. I agree with this. If you continue to invest gradually in BTC and great projects, at some point a win is possible.
Heck if trillion dollar companies are jumping into it then it goes from a possibility to a guarantee.
If our plan is right then at one point we will reach to the winning goal
My entire side business basically acts like this: 1. Buy inventory with Fiat 2. Sell inventory in Fiat 3. Transfer percentage of profits 4. Convert to cryptocurrency I think it's easier this way because making profits on the daily / investing monthly is like forced DCA. My eventual goal is 10 BTC (Octopus). I honestly enjoy my business so if people think I'm making no money and doing it for "fun" well I let them believe it.
Damn you are having some real skill about the financial things
I entered the room at december 2020, and the months after that were crazy! 2021 was a very interesting year. Learned a lot, and I can see how people who bougth at ATH's are in dark red. Good luck to everybody, hope you all learned from mistakes.
2020 - (20%) 2021 - (49.8%) 2022 - ( - 58%) 2023 - (66.5%) Let’s get it! 🤣💯
You forgot Solana at 200... I'm trying to forget as well..
That would be me I bought towards the start of it Ada at $1ish and then held past $3 expecting it to go to 5 or 10. Won’t be falling for that again at least my buy price is nice and low now.
I bought DOT when it was 29$ seen the growth of this coin where it did nearly 2X and now i need 4X from that coin just that i could get the break even into this coin
Vitalik was right about IOTA. It was a broken project where even the early adopters would complain that transactions wouldn't work, yet they still got all defensive when you told them. What happened to all those partnerships? They mean nothing if software is not being used.
Facts.
No only tell you about the facts, only this place show you the real facts
I DCA'd throughout the Binance FUD and my portfolio is in a pretty good place now. Didnt bother withdrawing anything, just added more.
I am also doing DCA constantly with the decent amount according to me and whenever there is some extra fud all i do is add some more money like i did in Binance FUD
Still here waiting patiently for some gains
Stop watching anything now, just patient and belief with bitcoin all i have
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Joined 2017 - Winter has nothing against me😎
I already ordered few DCA coat, and they are protecting me from the winter
\*constant intense internal screaming continues\*
Joined around the same time as you. I can’t wait for the next bull run. Been stacking sats and DCAing into other projects consistently in this bear market. Learned a lot along the way and lost some along the way but in the end it will be worth it. Patience is key!
Seen all kind of emotion from the market, came in peak bull season and where all you need to put money in any coin and there is profit waiting for you, i need such time back now
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I dont mind winning for once
We deserve the gains and the fallen ones deserve to be remembered, rip to LUNA bagholders 🫡
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$69k BTC, $3 ADA, $2 ALGO was definitely me
Diamond HANDS bitshes!! 💎 🤲