CALLING ALL OLDFAGS

Maybe put your money in something that's not useless and chill out

BTC weekly candle closed below the 50-week MA on Sunday night. Last bubble that was the beginning of the end before the slide down to the 200 week MA (roughly 4k), which is where I see things heading in the short-medium term. I've sold a decent chunk of my alts for btc and that btc for cash so its out of the market for good.

Attached: truth.png (1777x939, 325K)

Old fag here. My sentiment is neutral. I stopped caring for the price a while ago. We're probably going to slow bleed to 6k before we see a pump. Some hyped projects are going to shut down or exit scam in the meantime. Ethereum will go sub 100. You can tell that some developers are losing interest in crypto. If you still want to hold crypto and minimze losses, hold Bitcoin or monero. These are the only coins that are actually used for commerce, so there's demand for them a side from speculation. Also, they aren't run by companies, which ensures them against developers exit scamming.

How did 2016 feel like

Always goes longer and higher/lower than your patience or hands can take, then it reverses

oh stfu and stop acting like you know what you are talking about. For fucks sake.

bull market will start as soon as you sell. So do us all a favor already and take one for the team champ.

I’ve been using BTC since 2010 and traded cryptos from like 2012 through December of 2017. I still hold some cryptos, but I’m endlessly amazed that people think this market will recover in its current form. Most existing projects are bull shit and will never be used and a large majority of “investors” will never use these things in which they’ve invested and their sole purpose for buying was in the hopes that they can sell it to some other idiot that won’t use it either. I would be dumbfoundedly surprised if this market takes any form besides its current form which is a manipulative siphon used to steal money from idiots that don’t understand the tech or have any understanding of how the future may look.

Don’t know how people can’t see that nearly every company is developing in hyperledger or privately ATM. There is already WAY TOO MANY dumb investors in the space thinking they’ll get rich off Litecoin or Something.

It shocks me how many people think they are “early” too, when I’m fact they are over a year late to the useless token bubble that clearly has a lot more dumping to do.

I hold a small amount of money in crypto that I don’t care if I lose. If I had a significant amount in, I’d pull it the fuck out and watch these useless projects fall apart.

this. my folio dipped to $150k but I'm still optimistic long term.

This crash feels different from others because there are tons of media sources trying to convince people there is money to be made still instead of calling it like it is: hundreds of useless projects.

Just look at biz as an example...not many people here are genuinely interested in the future of the space. They want to GET RICH NOW. As long as these people are around, the market will continue dumping (this has been the case every time)