W-why did I not pull out 10-20-30-50$k when I was still up.
W-why did I not pull out 10-20-30-50$k when I was still up
because of greed
Why don't you take it out already so we can start capitulation?
but...the t-tech bruh
user, many are feeling the same regret. You know what will separate you from them? Not giving up. You have experience living through the highest highs and the lowest lows. You’ve seen your portfolio climb hundreds of % while also falling over 70%.
You do realize that now that you’ve etched this experience into your soul, all the euphoria and fucking pain, if you take that and use the knowledge in the future instead of crumpling up and giving up, you’ll make it.
You are a better trader than last year. Last year was the lesson. Now stop bitching about unrealized gains and start thinking about your next move to get it back.
This is all correct. The problem is that we all experienced this and know to exit next time.
But there are no new normies to exit next time on. Interest is at a low. That's why there won't be a bullrun until a massive catalyst occurs.
You mean like a new recession?
Yeah but I personally don't buy the whole worldwide recession hedge their money into crypto meme.
Would you really put millions into a insanely volatile asset as Bitcoin? We all want to make it in crypto to take that money and put it into more stable investments (ETFs, real estate, etc.)
I donno, maybe it's just me but I don't buy it. If there was a massive surge into crypto, it would just get pumped and dumped and then people would cash out again.
If the BTC ETF gets approved that could cause another run. Or some kind of big app or real world adoption usecase that comes out. Otherwise, I feel like we'll just be stuck here for a while.
I was looking at CMC, and December was a fluke. I think we have to adjust our mindsets a little to be more prepared (I mean if it goes on a run again past ATH then great). Looks like we're returning to the mean, which was Sept - Nov area.
long term gains tax hommiee. besides this next peak will be 5-10x previous peak. all that opportunity cost can be made up in a few trades. calm your shit OP.
>I don't buy it. If there was a massive surge into crypto, it would just get pumped and
This is true, the days of big profit are over. If you didn't make it in Dec you are to late.
>this next peak will be 5-10x previous peak
we might be entering depression here
U is gon make it. This money is way fucking better. But the best part is, would you understand a bear market if someone explained it to you? this ground is perfect to force you to teach yourself a lot about a lot of things, you're getting a master. For all those other places where you want to put your money, you'll know how to manage them better than blind, Readjust your mentality all the times you need, change your mind and secure the bags you want.
I truly believe its over, not larping.
We might go to 10K one last time but there won't be some kind of gigantic surge like we saw. The ponzi is over and lots of normies got burned. No new money coming in and people realizing crypto is just like digital beanie babies.
I envy the people who had the common sense to cash out last year and didn't let greed get the best of them.
People who sold their shitcoins for profit are smarter than you. Did you hodl coins that you would not be willing to hold for the next 5 years? You're the dumb money. Spoiler: NONE of your shitcoints will be worth anything in 5 years. The only coins that might still be around in 2023 are ETH and BTC.
Set yourself a goal when you start trading. What is a lot of money to you? Is 5k a lot? 10k? How long do you have to work to have 10k spendable money in your bank? If you reach that goal sell some of that fucker. Stop being dumb. This is a game.
Nigga, it's just a fucking ledger. There is no tech.
It was a giant speculative bubble, nothing more
Why didn’t I sell when I had 400k? At 50k now.
Same here dude. Had almost 350K now at like 40K. Pain and suffering due to greed. That's what we get I guess
OP you stole my fraking picture from yesterday you faggot thief
give it back
this legit ruined my life. my dad tried to warn me to cash out when I bragged to him about being up $300k in 4 months back at Christmas.
Im sitting at $25k now. Im so fucking miserable everyday of my life I wake up and look at this fucking despicable greedy piece of shit in the mirror.
holy fuck man my thoughts and lack of sleep are unironically going to lead me to offing myself at the age of 28. I know money isnt everything but im so god damn ashamed, lonely, and mentally unstable
you underestimate how fast euphoria and greed enters back into people on the slightest move
what greed and euphoria man? We all got played for months. I was catching knives all year and now im sitting on a 40k loss from my initial investment.
Im shocked that its mid july and we are sitting in the mid 6k region. never in my life have i experienced such misery, turmoil, shame.
I threw it all away. I have nothing. Im living a fucking lie
If you think that's bad imagine being in hell and watching crypto go to 100 Trillion mcap in 2020.
this
I cant even bare to hold these coins anymore if we go that low in the coming months. yo i could have cashed out in may relief ralley and had $120k usd in my bank account just from the boucne, even though id have $240k in jan.
Now Im at 25k and bleeding without a job. I ask myself everyday why god did I fucking do this to myself. I lost my girl too, Im a legit walking dead piece of meat who is caught up in this purgatory of slow bleed and pain
See you next week, my fellow wageslave. Now shshhh, only eternal work and tears.
Yea I feel you bro, I could’ve pulled out 20k+ on verge but I ended up with like 3k. Sad times friend but if you made good investments in the past you probably can make them again and we can learn from our mistakes.
We got you bro. Hope you learned your lesson about not gambling your life savings into internet money. Now go to bed, a new day awaits you tomorrow at the workplace. Be sharp at 6AM
Calling bitcoin a “Ponzi scheme” lol man do I love fuckin no coiner retards. Make me feel superior as fuck.
Its never over. you will always be able to 2x-10x in crypto. always. It doesn't matter if it goes back to 1k. eventually it will double back up again.
i did man. never again, Im the biggest fucking idiot in the world. I still have 51k in my 401k but my liquid savings is all in this.
holy fuck itll be ok. its all going to be ok
SAVED
this
Just like all those stupid fucking faggots who bought the ATH back in 2014.
Do you know how they're doing? Up fucking 6x at minimum. Find something else to do with your time instead of focusing on this peice of shit. Make money and buy more shitcoins.
that time was different tho man. it ony went up 50x in 2017 because of tether bullshit.
Dude BTC is fucking 6k and dropping 7 months into the most adopted year ever.
its fucking done. anyway man Im going to focus on getting a new job and getting out of the house. My mental state is fucked beyond all means. I called the suicide hotline today bc I was on the edge.
Done with this personal diary.
He said 1000 trillion oni chan.