Is anyone here unironically unironically just acummulating and holding crypto for the long run and disregrading short term prices?
Am i the only (stupid?) one?
Is anyone here unironically unironically just acummulating and holding crypto for the long run and disregrading short...
nice digits, full house. i do the same.
me as well
You are not alone, brother. Stay sane
Yeah, most people trading lose money, like me
yes, haven't cashed out anything I'm just buying, I don't care about short term trends.
Based and redpilled
im just dumping whatever I can afford into gold and btc every month, even 50:50 split. not planning to cash out ever this is my retirement fund, all off the books and big daddy goberment is never gonna see a dime of it. come at me you faggots
Me too bro, I've been putting about 1000 bucks into BTC for the last 3 months and I'm gonna keep doing it throughout this year. It's either gonna pay off big-time or I'll have gambled away all my savings on some random internet money
1000 bucks a month that is, I'm not THAT poor
Yep. Holding until 2020 minimum.
You're gonna make it.
Absolutely. Started with 0.6 BTC in January and have been steadily accumulating the whole year. Up to almost 36 BTC now. Not selling until we'r back to 20k at the least and maybe not even then depending on what the space is looking like. In a couple of years, we're gonna be fucking rich. Stay strong.
I hopped in with 2x GTX 1070s and 500$. I'm now at 5x 1070s and 400. Electric is currently part of my rent.
>Electric is currently part of my rent.
Damn, that's free money basically lol.
Yeah, that's exactly what I told myself when I realized that my deep 6 figure ATH last January was never coming back.
Kek imagine buying the bags of early adopters for over $3000 a pop of an internet token
I fell for the hodl meme as well, just keep your coins out of the exchanges.
Daily reminder never take investment advice from Jow Forums.
this user fucks
face it we will never reach new ATH after ANOTHER %85+ retrace
too much is too much
As long as you're not investing anything more than you can lose. I can't see the bottom being lower than $1,800 and expect the next golden bull run to reach at least $15k. The only problem becomes if you invest more than you can lose and then have to sell at a massive loss to pay rent or something.
Currently a nice 5$ at the end of a week. I specifically on price and I'm waiting for long term cap gains, so hopefully by 2021 this shit looks more like 30$ a week
Speculate*
I've been putting $3000 a month into BTC and ETH since April 2018. Only time will tell if this is an expensive mistake.
I doubt it. More than anything, it will be a psychological test. Consider the following:
1) The market is totally unregulated. Politicians have zero idea how to regulate it and with a large recession coming and crypto fallen off the radar again, regulation will likely not be soon.
2) The market is very heavily dominated by whales who bought in early and control trading with sell/buy walls and bots
3) Most periods of massive bull runs, like 2017 are very short lived. A good majority of crypto is dumping.
4) As long as the market stays unregulated, and even likely after being more regulated, whales can control the price.
So what does that all add up to? The worlds best pump and dump? Whales are patient. They already made it. They won't panic sell. Normalfags will. Whales know this. Every few years, the will pump like crazy, people will FOMO in hard, then the whales will dump. And they will dump, and dump, and dump, and dump. And after all the normalfags and Jow Forums have sold, they will do the same thing all over again.
So really, as long as you HODL, you will be here for the next pump. Of course, you'll make more by swing trading between ranges, buying on low support and selling on resistance, but as long as you can deal with a large loss if you just choose to HODL, eventually, the pump will start again. Of course, this pretty much only applies for Bitcoin, as a lot of alts just die and never come back.
I know that if i hold enough RLC for 3 years ill have ~3 million$
TurtleCoin is the best hold.
Once even one coin decouples we gonna see a shitshow. Perhaps to maintain dominance whales might actually force correlations.
It is my dream that one day they overplay their hands and they kill it. I will laugh so hard if that happens.
Of course, I'm not a filthy stock-market bank-supporting stupid goy. 1 in 10 people trading make money. I'm top 10 percentile in intelligence, which means I'm just barely not retarded enough to know I'm going to lose this game if I play. People like you and me are much better off buying low, holding on for a long time and then selling high.
>low risk
>decent reward
It's the way to go for people who know their limits and can't handle the stress of trading. Trading is in essence a form of gambling, because the markets are manipulated by the biggest criminals in the world and basically you're going to lose at some point.
Buying a deflationary asset and holding it is probably THE least risky thing possible, and thanks to crypto's high volatility you can still make good money.
Holding 60 monero like a boss. Not touching it for 5 years at least.
Literally all of us with a brain are. We talk about trading and short term movements because there’s nothing better to do