HELP

>be me
>invest $270,000 into cryptocurrency on january 10, 2018
>plan to buy and hold
>fast forward six and a half months later
>july 26, 2018
>my investment is now worth $12,467
>over 95% down from my initial
>need more than a 20x just to break even

is there anyone on this board more JUSTed than me? how did you manage to cope with such massive losses? at this point i've just accepted that my money is lost and never coming back. the thought of crypto literally makes me sick at this point.

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Other urls found in this thread:

charts.woobull.com/bitcoin-nvt-ratio/
twitter.com/AnonBabble

nice larp

Kek 50% down on initial, although I know it will pump after an other bullrun.

What trades did you made?

Tell us what you bought.

what the hell did you buy

hope you are larping :(

me myself invested 10k € in december, it's 15k now because I got lucky with XLM and EOS.

none, i bought one coin on binance and it's only ever gone down. it's had a few green days here and there but most days it generally does -10 to -15%. sometimes more.

Don’t buy charts that look like Jan 10 2018

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>$270,000
>$12,467

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>Bought mining gear for 7K in january
>Bought the dips from february until now
>Poorfolio worth 12K currently
>Not a single moonshot since i started
>"Only" down 3K from Dca'ing

Could have been worse i guess

REQ?

the only coin you could have bought is REQ
hahahahaHAHHhaH

HA
HAhahahah

how much is your electricity bill?

wish i was LARPing. i didn't invest more than i could afford to lose but it's still an insane hit to my net worth.

here is the chart of the coin i am speaking of, the one that ruined my life.

it's not REQ. i didn't know about REQ at the time

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holy shit that's like 7 years of living expenses where i'm from. you absolute fucking moron

Holy shit, did you go all-in Nano or something? It's a little late now, but never listen to plebbit.

thanks for the money i guess, thanks to brainlets like you buying top shilled coins during the greatest bullrun i have now 3 wives, 4 houses and planning on buying some land. Have also got my coins back at 90% discount. Again, thanks man

200-225$ / month ~
0,056$/kwh

definitely looks like one of those kucoin shitcoins that got pumped and dumped. maybe BNTY or DBG

I invested in early December.
>Initial $4000
>ATH $17200
>Current $2300

This sucks but I guess it could be worse. I'm envious of the fucks who bought Tron at $0.002 and rode that shit to $.30. I was literally a week late and caught Tron at $0.03.

Stop being a faggot and just tell us

You're retarded.
1. Don't invest in a single coin, at min go 50/50
2. Don't invest everything in a shitcoin (aka a new ico)
3. Don't invest what you can't lose.

Did you configure your rigs well?
I would kill to have power that low.

>going all in at the absolute top of one of histories most retarded bubbles

You should write a book

Is that 5.6 cents per kwh? Dam lucky guy.

Same. Missed the tron train while coinbase was fucking me with its week long ACHs.

>0,056$/kwh

wtf, that's cheap as fuck. Even those giant china bitcoin farms pay 0.10$ at least

They are alright.. a 1060 6gb rig and a 1080ti rig + some old 9xx cards i had laying around from gaming.
Mining eth and a couple random coins and some initial noobing around on nicehash etc.

Price per kwh is really cheap, its all the other fees that drive my electricity up. Pure power usage is like 30-40% of the total bill most months. Hydro is plentiful in Scandinavia.

>over 95% down from my initial
what the fuck did you buy?

I'm sorry this has happened to you, it is an expensive lesson.
Just like with purchasing regular products, you should buy things that are on sale. Never buy after the price had gone up massively. Is this your first experience with markets? It seems like most people who lost money here are inexperienced with markets. It's always best to just watch the markets everyday for a couple years so you can see how things generally play out before you invest. Then you can learn when it is a better time to buy certain assets.

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Does it really matter? almost everything is down 90% from the ATH.

You bought either bought Nano at $34, Tron at $0.30 or DBC at $0.62. Which is it?

Post account balance or this is a complete larp

I hope you're not LARPing.

I love reading about justings like this

>Never buy after the price had gone up massively.
bitcoins history taught me something: buy any time you want doesn't matter. just don't sell before you meet your 500% or 1000% goal and you will be alright.

Hey user, what do the units on the left mean? I'm curious if you can explain a bit about this chart or something. Reverse searched on Google and Yandex and didn't find anything.

i'm literally too ashamed to post which coin it is. but it was in the top 100 by marketcap when i bought it and the developer already had a non-blockchain platform with 200 million active users. so i thought it was legit and actually undervalued. now it's ranked in the mid 300s, next to literal shitcoins like primas, ugchain, taas and feathercoin

>puts life savings all into ONE COIN
>whines
natural selection at work, sorry to say man. if this isn't a larp, why in the flying fuckkkkkkkkkkkkkkkkkkkkkkkkk would you do such a thing dude? even if you had a shitfolio like me you'd be not that bad, i'm down like 40%

Yeah. I don’t get these threads lol.every fucking thing is like 90% down from ath.

TELL US OP. SO WE CAN PUMP IT FOR YOU IN THE NEXT BULL RUN. :)

Hey, it's all explained here.

charts.woobull.com/bitcoin-nvt-ratio/

looks like some sort of arbitrary function adjusted price that has zero actual basis in reality.

SALTY

Its the ratio between bitcoin price and value transmitted through the bitcoin network.
i.e price vs actual usage.

you better be larping, how can someone put $270k into a shitcoin and nothing on other coins/investments? Be honest, you didn't work for that money, did you? You got it from your parents, otherwise how could you sleep at night?

>price vs actual usage
and that gives you overpriced underpriced lol. read chicken guts nigga more reliable! bit messy tho.

Thanks user, much appreciated.
Cobinhood? Or Medibloc? Just post it man

Xtrabytes

Mrs Henry?

lmao knew it was APPC, thanks for the money sucker! keep fomoing on the most retarded shit

Lesson learned. Just do a fake ico like I did last year. One single person gave me $200k. It's a scam or be scammed world out there.

Invest in snow dividends and you might get some of your money back.

Dude we only spent like $20 wasnt a big deal.

why would you put 270k into crypto at the all time high?

at that point you'd already made, should have just invested in boomer ETFs and made a comfy $20k/year return

I have very similar loss to you, even the numbers, I have coped by the fact that I didn't actually invest those money, my shitcoin went up x20 and then it went 95% down so I'm back to initial.

i-i thought we're all going to make it

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It's one of many tools that one can use to get a feel of the market. It's not gospel.

Started 10k. Ath 700k. Current 130k

If you aren't (You) farming, how did somebody with a lack of sense like yourself manage to save up 270k worth of disposable income that you could throw into a garbage disposal?

Should've bought Vechain, you would be down like 50% if you bought in January and you would fucking have a strenght node and they will go back to Jan price in no time because they know how to hustle in this bear market.

>why would you put 270k into crypto at the all time high?
because i fell for the shilling. everyone on this fucking board was talking about how we were the early adopters, how X Y and Z projects were crazy undervalued, and how we were all going to make it. i figured if some fucking NEETs thought they were gonna make it with their $1000 poorfolios, i could at least turn a decent profit with $270k. i was gonna pull out my initial after a 20 or 30% gain but from the moment i purchased my investment only ever went down.
i didn't want to end up like one of those weak handed faggots who would buy and immediately sell when the price dropped a bit, and then cry when it shoots right back up again, so i held.
so yeah, i'm not denying the fact i'm a retard. i should've cut my losses after 50% or something.

sorry, OP here. IP changed

how the fuck man? I'm down 50% and I bought around december January. I think I have more coins though when I started. I've been accumulating at least. Not really losing SATS/GWEI

Just tell us which coin. This is an anonymous board ffs you cuck

THAT'S NOT THE POINT OF THIS FUCKING THREAD. I'M NOT TRYING TO SHILL MY BAGS TO YOU GUYS. NOT EVEN TEEKA TIWARI OR A COINBASE LISTING COULD LIFT THESE BAGS. DON'T YOU GET IT?

Shit larp thread.

can you answer this?

PLEASE NOT BE LARP

PLS

Not all of us can.
It's like what an user told me when I asked what to invest in during new years.
Some of us are at the top of the pyramid and the ones at the bottom get their minds preyed upon by the kikes at the top.
Took awhile but I get it now

APPC. OP bought 270 fucking grands of a shitcoin called AppCoin at the ATH of the greatest crypto bullrun to date. He is THAT retarded yes

Fuck I was hoping it wasn’t APPC. Jesus Christ

>hey gys
>I invested a large six-figure sum in a market that had gone parabolic
>did I mention that it was the exact top?
>I bought ONE coin
>my coin went down 95%
>this is totally NOT a LARP where I'm plugging in the absolute worst-case possible elements in order to make the story better
>no, not a LARP at all!
>oh, hey, look at all the replies...

>20k
>invested in 3 shitcoins circa January 2018
>down 80% circa June 2018
>Lose remaining money to liquation on bitmexico

FUCK

back to wagecuckin

We all got trolled. The market was already in overbought levels in December. It was doomed to go down. Possibly the Dot com bubble for zoomers.

yeah i remember warning all the newfags here, they were shilling this crap non stop, didnt take long for it to plummet like 70%, same thing with the zcl brainlets waiting for the fork, what a bunch of idiots lmao they were truly convinced

Don't worry, OP. One day Tron cryptocutrency will be worth 10k a coin. You will recover your investment. Mark my words.

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>going all in at the absolute top of one of histories most retarded bubbles
Jow Forums: Paperback Edition

Put in 6K end of December and tried daytrading, down to 3K now.