Give me ONE reason not to sell everything at a loss and get the fuck out of crypto. I'm down over 40% and it doesn't look like it's going to get any better any time soon.
Give me ONE reason not to sell everything at a loss and get the fuck out of crypto...
you should sell the next pump, but people here are deluded and will tell you not to,.
all alts can drop 75% from here still
Sell now and it's a given loss.
Hold, and there's a chance of recovery.
Do it. You don’t deserve crypto
Buy high, sell low.
they are all bagholders
Buy when there's blood in the streets.
Go ahead. If we bull run again you will probably kill yourself or fomo back in.
hasnt been blood yet.
By le dip is a bull market strategy.
99% of biz advice is from bagholders who have never experienced a bear market, and are using strategies that helped them in a bull market still. remember this when you seek advice.
I have been through the last bubble crash and i can say for certainty this is nowhere near done yet and any chance of reversal was popped a few weeks ago.
We're barely into capitulation. There's much more blood to come.
Yeah I’m loaded up on 600 dollar btc. Such terrible bags. I got it from dumping at low
same. you should know that if you remember buying BTC for 600 dolalrs, than now is still expensive.
JFC. sometimes i loo kat the ticker for BTC and i am still double taking. $6000 is fucking crazy. i purchased from 600-800 in 2015, last time i ever spent fiat. buying even at these prices feels weird sometimes. so i dont.
long way to go. only fags that think this is anywhere near the bottom are people who purchased above 10k. anything in the 6k region feels cheap to them. but they are a minority of people in terms of percentage of BTC in holdings.
So, not now.
Just load up on bitcorn and sit tight for the next bull. It's the only crypto with a floor, maybe that's 6k or maybe not but at least it has one. Altcoins have no floor and will continue to hemhorrage in their ever-familiar pattern (BTC up alts steady, BTC down alts bleed) until the bear ends. Which could be days, months, years, who knows.
And every bull is led by bitcoin and alts catch up later. So there is no reason not to be in BTC right now. Don't tether because the ETF could be approved literally any day, just because SEC extended their deadline to sep 30 doesn't mean they have to wait until then to issue it.
Anyone exiting the entire market right now is a complete shitbrainlet and is selling their BTC to george soros at fire sale prices.
I’ll buy more btc at ~3k but I don’t see that happening. I think we are about at bottom. Maybe 10-15% lower but that’s about it
>source: my stinky asshole
this is the only right answer that nobody quoted
the unfair truth of crypto is that anyone who is at a loss right now should sell, because the markets won't move up until all the people who are at a loss right now sell
early adopters get to sit with no worry as their unrealised gains dwindle, but latecomers will see their principal drop to a tiny %. remember the crypto market cap was about 20B just one year and a half ago... so brace yourself for a 90% drop from current prices, because it is unironically possible
Just think about it. I know that’s hard. But Jews have bought in. Do you really think (((they))) want to lose money?
>bagholderbingo.jpg
you're contradicting yourself, you dumb motherfucker
>Jews have bought in, source: my stinky asshole
faggot your at denial STILL?
You were saying the same shit every month since january. enjoy doing ti for another 8 months being proven long the entire time.
>fiat is muh save haven
>ignore all the happenings around the world
Oke doky
That’s literally what you should not do if you’re at a loss. If you’re at a loss, you either sell or buy more. If it goes up, you should have jumped on the opportunity for cheaper coins. If you wouldn’t buy more of what you believe in at heavy discount prices, then why are you still holding it?
Doing nothing is never an option when you’re at a loss.
>what is risk management?
>What are futures contracts
>what are (((verified investors)))
Jesus Christ biz is absolutely retarded if you don’t like banks are already in. You can literally look at cme orders
In my opinion, it depends on if you are in this for the long haul. If you are hoping to get rich in the next 6 months, you should probably sell. Things are probably going to go lower. But me, I beleive I certain projects and am just adding to my stacks , as I plan on holding for at least 5-10 years
you think its gonna go lower but ur gonna hold. definition of an emotionally invested bagholder. you need to break out of the emotional tie
if I were you, I'd sell half of everything and hedge your bets...for me, I really now do honestly see BTC going to 4k or lower before a bounce
I sold half my stack a couple of days ago, at the bottom, the /biz way
This is interesting because people say muh institutions but it's a pretty deep topic. They were here before futures too, but it's a topic of scale and stealing from grandma. People still want those ETFs. Is that great? Well, they probably want more the risk of crypto than actual crypto, the people mostly interested in that can make money with movement in both directions. Actually decent custody solutions is what we need for the kind of institutions that make a living going mostly long and that's when we can get a really neat pump, maybe, but being a crypto custodian needs some balls, it's some serious risk for the dude keeping that money safe. Allegedly, Arthur didn't want to deal with the risk of keeping actual ETH on his platform so it may take a while for variety to appear on those platforms.
You're one of those "iron clad support at $5800" people, am I right?
None of this has even truly taken off yet. Even BTC is in its infancy in respect to actual use. Either buy more or give up.
Sell now.