Is this unironically the end?

Is this unironically the end?

I've been holding since March. Put in 15k. Went 200k ATH. Now I'm back down to 50k.

We've gone down 70-80% from ATH. That alone classifies this as one of the worst financial crashes in history.

But people like me are STILL 2-4x up (and I consider myself late). This feels like bubble on bubble on bubble has been built up in 2017.

The December kids have been destroyed. Is it time for us Summer kids to feel despair now too? Is it possible for BTC to hit 2016 and lower levels?

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We're just entering panic, it's a race to the exit.

are we, what are the signs? summer people fucked?

My god you people who think this is the end legitimately have Down’s syndrome. In what other market could you be up 350% in a year and a half and think it’s the end? Think before you post again brainlet. Crypto is still the future. Fundamentals for the good coins are still there. Demand is still very much there. Hold and you’ll be fine.

>pic related.
This is merely a correction.

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sauce?

>since march

kek

fnordprefect.de/

I admit I'm definitely a latecomer. But I'm still 3-4x up.

I sat through August and all the China FUD and didn't sell. But this is different, my gains are bleeding everyday.

Might be the end of this bubble

But there will be another

Here's an idea for you. Pull out your initial investment (if you haven't already) plus like 10-15K additional. Leave the rest in until things start to pick up again.

Nantsy Venya babba kleetchy babba

City whom in gonyama

cheers m8

cheers

Continued failure to climb to old tops, lack of buyers. In February people didn't care much because peopel were waiting for a bottom and it was a sudden movement, now nobody knows what's the next one and people get increasingly nervous that they're going to be the last person in cryptoville and thinking about leaving with some profit. Then they'll start capitulating on alts and leaving while they still can take something out.. Once they do it's just people blaming each other and sadness. It can go pre 2016 and still find a new ATH but it can take years. We're just trying to find a stable price at which people feel comfortable buying and selling and then we can find organic growth instead of breakout buyers. But the big problem is that there isn't much people out rushing to get in, seller pressure is too high.

>people get increasingly nervous that they're going to be the last person in cryptoville
This is exactly what happens when niggers invest more than they're able to lose.

When do you think would be a good time to pull out? Wait for one last rally or would that be risking another crash?

you're still 3x up. When you are about a bit below breaking even, it can go up again. The expected return for the average redditard is below break even (if you can't see this you won't make it) so it's still overvalued. You got to wait until most people lose money to get in for a bull run and we're still higher than november

wow, good stuff, sensible and true.

what about the impatient hedgefunds? april 18th?

Averaging out on rallies, what
said works well.

>that one post on Jow Forums that isn't complete trash

Lol this is the biggest bullshit I've seen, worse than the flippening page