I lost $100k from crypto

Fuck biz for ever telling me to buy this shit. This is so fucked up.

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So you sold?

Otherwise you haven't lost anything.

That is bullshit. When the value goes down then I’ve lost money.

When the value goes down, you still have your assets.

If the value goes up, the value goes up on your assets.
>inb4 crypto is dead forever.
If you are holding and crypto recovers, you will recover. If you SOLD and crypto recovers, you will kill yourself.

I’m holding but crypto may never recover.

You dont lose money if you hold because of long term cap gain rates. Yeah I couldve sold my $750k in Jan and got hit with 40% or I can wait till the next run and get hit at 15%. Btw BTC is going to $50k next year

you are speaking out of fear. what are you holding.

BTC
ETH
XLM
BAT

what makes you think they are dead?

His entire experience in crypto probably started Jan 3rd 2018.

> wait til next run

You fucked up and missed your chance. I used to have over 300K and now have 25K. I fucking WISH i sold.

hmmm... thank you for correcting my skewed perspective. i now understand why people think i am strange.

I gained $100k from crypto

Thanks for the cash fren

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I don’t know if they are or not. I just think the people who assume it’s inevitable prices will recover are idiots.

If crypto does not recover:
-It would be the first time it has ever not recovered since 2008.
-The technology failed as a proof-of-concept and will fade into obscurity within 2019
-All the banks, tech companies, retailers, and logistics services that even considered decentralized applications were just as deluded as you were when you bought into it and will drop the idea literally tomorrow.

So?

You were never going to sell.

It's simply evidence that suggests that not breaking even after 5 years is very improbable.

Crypto is a Ponzi.

You got burned.

Invest what you have into real companies with real useful products.

You're just butthurt because you bought during high tide and it's low tide now. Seriously, nut up. One of two things are going to happen:

A. Crypto will fade into obscurity over the next decade and investors will sizzle out. No economic innovation occurs and things go back to the way it was before, everybody uses paper money and rides on horseback.

B. Cryptocurrencies become the norm as an economic recession hits most major countries, normies try to find an economic safe haven to store their wealth in. The world is powered by digital ledger technology.

When I say "future", which one sounds more plausible? Use your head you stupid idiot.