I learned a lot about crypto in the past year, and I learned enough to know I bought in the middle of a bubble and that this will all come crashing down, and that I’m happy to have got out without losing anything.
I’ll now watch from the sidelines and buy back in when the bubble has burst and everyone who diamond hands hold to the bottom finally capitulates.
I may have spent 1 year with no gains to show for it, but I gained a fuck ton of knowledge and got back out with my original investment intact.
You guys have fun holding down to the -90% crash that’s coming because you think it’s a new paradigm and that it will never experience a long winter again
You spent a year of time money emotion and opportunity cost. You only got back the money but still spent everything else user. Should have held for some kind of profit. Maybe you only invested some lunch money?
Matthew Perez
I agree. I foresee a crash not unlike dotcom bubble.i want to scoop them up at the bottom
Anthony Carter
No. You’re copeing. I am a brutally honest reality based human who only cares about facts.
I FOMO’d into crypto in Feb 2021 like a fucking retarded cunt. But eventually I broke out of the spell and woke up the reality of me having bought into crypto during a bubble and that I was living in a bubble, I was even all about having le epic diamond hands.
I’m glad I woke up out of the retard phase of being a fomo buyer and sold breaking even before the coming crash occurs and wipes all 2021 buyers like me out completely turning our 2021 investments to -90%
If this thread upsets you it’s because you’re still living in a bubble and copeing about having bought into a bubble
Camden Flores
>broke even Holy shit Imagine breaking even on crypto I'd rather have lost money and gone down like a man
Samuel Diaz
See, this is what I mean. All you guys who bought in 2021 like I did (admit it, 95%+ of biz are 2021 buyers). I am talking to 2021 investors, so shut the fuck up for any early adopters who come here in trying to talk down to me, I am not talking about you, I am talking about 2021 buyers such as myself whose buy in is probably 10-100X higher than your average, so calm the fuck down I’m not taking about you oldfags
I’m talking to 95% of biz posters who are definitely 2021 buyers. The majority of the money in crypto entered the space in 2021, infact more money came into crypto in 2021 than every single year from 2009 to 2020 combined, so don’t talk to me as if I don’t know what I’m talking about.
You know for a fact 90%+ of all money that’s ever entered crypto came in 2021, and that is why 2021 investors are going to get absolutely wrecked.
I was one of them, and I got out before the wrecking occurs.
Kevin Reyes
I'm a 2017fag and yes I know what you're talking about. The fact is avax, matic, sol, bnb etc all absolutely rocketed last year. And those are big majors so if you missed al them you are retarded.
I agree with you that most 2021 investors a retarded though, becuase you are dumb zoomers who think btc is too expensive
Benjamin Russell
People with your mentality refused to buy eth for 100$ because it already went up so much and then got mentally scarred watching it all rise.
You should of known what you were getting into when you first got in. Crypto is not for the faint of heart, there are huge pumps and huge crashes.
Many of us have rode the volatile rollercoaster, pumping to millions then crashing your life savings to -90%. The oldfags have become hardened and learned while the newfags are where we first were years ago. Freaking out about losing 5000$. The longer you stay the less you will care.
Now there are anons who are mentally tough as steel, down multiple millions yet don't care. Crypto imparts great wisdom of stoicism. Emotions are the main limiters in this space. Not many normal people have the strength to sell when its going up parabolically, and buy when its crashing and is surely to be even lower the next day.
Nolan Green
I have learnt overtime that the best time to buy is in the dip and to also buy the dips of low cap like DKT, CVP, TOWER and the likes. I t gives me an hedge when the market is bloody red
Colton Thomas
Stop comparing $50 btc to $50000
This is utter crap and you know it
This is what whales shill to newfags
>oh broooo trust me you want you to buy at 50000 you don’t want to be like those guys who didn’t buy at 50 !!!!!!
It’s not even close to the same thing
The total crypto market cap was $100 billion dollars in March 2020, and peak to $3000 billion only 18 months later
Please familiarize yourself with the famous incident at the monte carlo casino from which the gamblers fallacy originated from.
My point is that many people didnt buy btc at 1000$ because they thought it was too expensive and it already went up a lot. The same fallacy is repeated here about link >no link already went up!! I want a fresh new link! while everyone tells them its still link.
With your mindset you would of never bought btc for 50$ when you saw that in the past it was .08$, you would think that youre too late and all the whales already got millions of btc for cents.
The bubble argument doesnt work either because from that line if argument, literally EVERYTHING is in a bubble, all stocks and assets have had insane bubble like growth. So I guess dont invest in anything?
Also Crypto is still in its infancy on the global scale. The marketcap is 1/10000 of the total worlds wealth. The marketcap of just gold and silver alone vastly dwarfs Crypto.
2021 was truly an unprecedented year for crypto, I actually rubbed my eyes when I saw a fucking Crypto commercial at the movie theaters.
From its rise in pooularity its safe to assume it will be around for good. Yes many of the coins are garbage scams, but some are future tech giants in the making. Your Op post just comes of as a cope and you rationalizing trying to tell yourself that you wont regret getting out.
But as the old saying goes "scared money doesnt make any money".
Many people laughed at the first people buying bitcoin, calling them fools, saying that its risky and a waste of money.
But all of the early investors were rewarded for their balls and ability to take risks with their money
Christopher Long
You’re making the same mistake with your post
$50 btc is a normies 1 hour after tax income
$50000 btc is a normie 1 year after tax income
Big difference betting 1 hour of your life away vs 1 year
Nolan Hernandez
based sideliner this is what control feels like. ygmi user.
Samuel Miller
>i want to scoop them up at the bottom it's gonna be awhile, because everyone's still thinking like this. I'm only rebuying once everyone says it's dead again, like 2018-2019
Isaac Ross
$50 into btc is still $50, and a 1000x is still a 1000x.
Lucas King
>it's gonna be awhile, because everyone's still thinking like this.
No theyre not.
Everyone thinks 25-30k is the ABSOLUTE bottom and bitcoin will NEVER crash ever again and that -80% or -90% crashes are completely out of the question now and that you better buy the dip because there will never be a bear market again and that its different this time, that this time it has truly gone mainstream, and that the ship is sailing off.
Dumb fucks talking like they're earlier, fucking bitcoin has already appreciated 5 million %, aint nobody here fucking early besides maybe 1 in 100,000 posters
Jose Taylor
>He thinks he's learnt everything Someone post the confidence vs knowledge chart. This guy's gonna rope once he's learnt his next lesson
Nolan Ortiz
Why would i rope? my investment is cashed back out into my bank account, not even on the exchange anymore.
Why would I rope when I have no crypto bags left? I am not the one whose going to hold crypto bags back down -90% like everyone who bought in 2021 will
Ethan Lopez
you will watch yourself become relatively poorer to biz. this will break you
Andrew Morris
February of 2021 was two months before alt season, how in the world did you not make money? I got in a month before you did and made a cool $150,000 in dogshit coins. What coins did you buy?
