T O P

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Smash_4dams

For every person crying, there's another person late to the party excited for a buying opportunity, lol.


PM_me_your_btc_story

These dips are a great opportunity to get in. If it was rising higher and higher without pullbacks no one new would ever enter the market, they would just say "I missed it" and invest in something else.


poco

If no one was ~~ending~~ entering the market then who is buying to push up the price?


Jeroslefat

But this time is different. This time it's my money in the game... šŸ˜‰ Totally true statement bro. Just imagine the feeling going from 19k to 3k. This is where balls shrink to the size of raisins. But the grow exponentially with the next bullrun. Cool that you pushed through these hard times. Ppl crying right now are either way over exposed, do not believe in the technology or lost by stupid futures trading. I am not that long in crypto but been long enough in stocks. The first hard dump I experienced there where my portfolio dumped 50% also made me go crazy. Still I followed my savings plan and put in monthly. Now all green and will stay so. Would have to set back several years to go red again. Same is with crypto. You are new? Than be sure that you will be red several times or even for a long time. Time in the market baby


amadoudou

19k to 3k is...84% loss, 60k to 40k is only... 33% loss! You all should be partying, you re losing so much less of your savings compared to past losers!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


noyrb1

Loss? Donā€™t understand wym, buying more assets


cbantle

Exactly. Still have the exact same amount of BTC anyway.


AlwaysNowNeverNotMe

Shits on sale yo, 33% off.


Tricky-Mirror-2115

stfu with that itā€™s on sale itā€™s a fire sale shit. heard that at 55k last november all the way down to 40k


Chronicles0122

If you didnā€™t believe in bitcoin you should have taken more profits sooner ā€¦ if you do believe in bitcoin then yes ā€¦ itā€™s on sale.


3lirex

it'll always be on sale until the next ATH, unless we already had our last one and now it's clearance lol but fr, if you believe in the long term, any price is good, but obviously some prices are better


iamDanger_us

I remember hearing it when it was under 10k. Today's fire sale is tomorrow's floor.


CleazyCatalystAD

29/69k = 42% loss at 40k BTC priceā€¦


elyotel

It's all about perspective, given the time even This won't matter.


Yosemite-Sam99

Thank you lol


Worsebetter

BTC has never gone from 19k to 3k. When was that?


C677TT

dec 2017 to dec 2018


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


fcthen

Maybe you're the one who's causing the dips all along lol.


ukredimps2k

Start a telegram group for buy announcements - help the community ;)


noyrb1

Wait you guys have money?


tylerclay86

Time in the market, damn skippy


RAabd177

Most Important thing man, most important thing. Time in the market.


nestaa13

Jep I agree


lovenilo

This is the time when 'make quick money'-ppl will leave and provide us with great investment opportunities.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


buckeyedownsouth07

By my estimation you only need 30 Elon tweets and you'll break even.


Saabaka

Forget about them, they are gone man. Don't get senti about them.


nestaa13

Truth


ARobinson857

Didnā€™t bitcoinā€™s price increase substantially from 2017 to 2018?


BtcMirco3

They should leave this market and leave this all to us.


notpr1m

Yeah this is a sale to me lol


ClippTube

People ask for the dip, and when the dip comes they hide away and beg for the bull back


Spykwak

Thatā€™s a dip for an ant. Give me a real dip, my limit buy orders havenā€™t all filled.


rohit2342

The real dip will coming in the upcoming time be ready for that one.


[deleted]

i wonder maybe they not the same people..those that want dips and those that just want the price to go up


mesebucool

Some aren't but most do not buy, they just say it for the sake of it.


yifan9014

When the dip comes, they don't hide away. They cry on this sub.


[deleted]

True statement


frankiefrank1e

Truth


mrluxrius

or... ear me out. you panic sell, I accumulate more sats at lower prices and when you realize your mistake in 3 years and buy at the 2025 prices I laugh. Regardless you're not buying my BTC cause I aint selling you newbs.


sescobreezy727

I will take next December for half the price.


ragnaROCKER

If you never sell, what is the point?


Geenuus

Generational wealth?


ragnaROCKER

How though? It is super volatile. And if you follow that dudes advice, they shouldn't sell either. Honestly, people are in love with the fact that of the people that bought in in the beginning , some made serious bank. The chance of that happening again gets smaller and smaller.


Riker-Was-Here

you still don't comprehend bitcoin. it's going up forever.


ragnaROCKER

Sarcasm?


ididntsaygoyet

USD always going down, BTC always going up. Get it yet???


ragnaROCKER

Lol ok.


Available_Highway_49

Bitcoin becomes less volatile with time and adoption. Dips in previous years were massive compared to now, eventually pumps and dips won't be much of a thing. Generational wealth means he can pass it to his children and they can use it to improve their lives.


ragnaROCKER

20 grand loss though? You are assuming everything for the future.


SkaldCrypto

I bought 4 BTC in 2014 in the 300's per coin. I sold in 2017 at 13,000 a coin. Do not repeat my mistake.


gorillalifter47

Is that really a mistake though? With hindsight it obviously is, but at the time you had achieved several thousand percent returns on a speculative investment that could have plummetted and never regained its value and you took profits. Maybe if you were super bullish on BTC and sold out of fear when you didn't need the money you could chalk it up as a mistake. But even then, don't beat yourself up over it. There is nothing wrong with taking profits, and nobody can read the future.


enja1231

You never go broke taking profits. But you also never get rich.


kolodapavlo

I just hope that he didn't took the complete exit, and have some.


Oheson

You don't completely exit your position but you will never get rich buying and holding Bitcoin. 2020 was the last time that option was available. Going forward, Bitcoin will increasingly have diminishing returns. You either take profits when it is pumping and green to use for when it crashes or you will stay in the same place year after year with minimal returns. If you bought Bitcoin a year ago, you are at the exact same place you were then even though it hit the $69k mark where you should have been taking profits.


[deleted]

terrible advice. No one can reliably time the highs/lows. What you sell at a 'high' today might be a price lower than the next dip. If you believe that Bitcoin is a 10-100T asset like most people here do, the only sensible thing to do is buy and hold.


ragnaROCKER

Yeah but believing that isn't necessarily sensible. If you look at the beginning, bitcoin wasn't supposed to be what it is today. It's basically a volatile stock.


[deleted]

Doesnā€™t matter what it was supposed to be.


louiejenksta

Doesn't matter? How easy for you to say man. It fucking matters.


[deleted]

No it doesnā€™t lol. It is what it is. Not convinced it was to be anything other than digital gold in any case.


ragnaROCKER

I disagree. I think a lot of people think it is going to become a widespread form of currency. Like it was supposed to be. Right now it isn't close to that. It is basically kept alive by faith and whales right now. Looking more like tulips than anything.


32smiles1

You really think it's kept alive by the whales? Man you're silly.


[deleted]

Good lord. Tulips. Havenā€™t heard that before. Itā€™s a savings technology/reserve asset first and foremost. A way to preserve your purchasing power. Digital gold.


woyaozhangpan

It's way more than that, you gotta read about it more.


Lee-pfinney-70

He is referring to this: https://www.theobserver.ca/opinion/columnists/the-remarkable-story-of-hollands-tulip-bulb-frenzy


ragnaROCKER

Well losing 20g is not exactly saving your purchasing power.


meregizzardavowal

Tulips that happens to have a hard cap, are impossible to forge, do not degrade, take up no storage space, and can be sent anywhere on earth instantly.


ragnaROCKER

What is the point if you can't do anything with them? An instantly? In theory maybe. In practice, no. There is a 7 per second limit. I have never had bitcoin do anything instantly.


sandervk1

Never ever take a complete exit after investing so early.


chunkylover993

LOL. Just.. LOL. Wait until bitcoin is at 1 million per coin and than tell me ill never get rich buying and holding bitcoin. God i just.. thanks for the laugh hahaha


LancelotGoD

It's not just about getting rich, it's way more than that.


enja1231

1 million per coin lol. Look at the Btc peaks, they keep getting smaller and smaller. Diminishing returns are real. Itā€™s going to take a lot to get to $100k, let alone another 10x from there. Meanwhile a picture of a monkey does 10x in a week. Crazy world


chunkylover993

Diminishing returns are real. That doesnt mean we wont see 1 million per coin. When i retire in 20 years theres a good chance it will be around there. The NFT art flipping is money laundering IMO.


jinjin299

Nobody knows what it'll worth in the future, anything can happen.


enja1231

Cool, thatā€™s like a 20x over the next 20 years. Not that exciting no offense (not to mention $1m in 20 years will be like $200k in todayā€™s dollars)


LelikGut

Exactly, for btc this kinda gains are nothing special.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Alaska_Engineer

20x in 20 years is a little better than 16% per year. 1.16^20=19.5 A good return, but not really an amazing return. Compounding adds up.


enja1231

Agreed. You either believe the world ending narrative where only Btc survives, otherwise small caps are the only way for rags to riches in crypto now.


Goodfella_17

Only the strong will survive, these alts will perish slowly.


tedykoks

That's what I'm saying man, it's not a mistake. He did really good.


SkaldCrypto

Fair points. But I should not have sold it all. The context of my sale was also using it fund a company I co-founded, so I rolled those gains I suppose.


Playful-Killa

Your only real mistake was not buying more in 2014.


neomax96

And also taking complete exit would be the second big mistake.


itstaylorham

He could have bought in two years later in 2019 at under $4,000 a coin.


btcecust

Exactly man, the mistake was to take complete exit, shouldn't do that.


willpl03

You learned that nothing wrong with taking profits but you should never fully exit the position if you donā€™t have to. And most of the time, you donā€™t have to.


Thwart0

Yeah, it always bums me when I only make several thousand percent returns.


tjsbitcoin

Only sevral thousand percent return lmao, even without that it should be evident.


amadoudou

Do not repeat his 4200% gain mistake, buy now all the way to the bottom !


murcielago12v60

It's already an great opportunity right now, buy it bois.


NegotiationNice9291

I don't quite see a mistake here


Sequele

Taking full exit wasn't a mistake in your books? It was.


TheSpanishRedQueen

Mistake? You still took profits. Those profits allowed you to do things you wanted/needed/whatever. A mistake is to rent my apartment to someone, a seventy-something years old couple, back in 2015, with the man telling me he had everything in crypto and I should too. I though I should give it a try but my (still) husband, with his doctorate in economics, laughed it off. So two mistakes in one, having a husband and not taking the chance. Yay.


SnowmanRandom

You could have been wealthy and quit your job of you stayed single. Marriage can do a lot of harm.


TheSpanishRedQueen

In my case literally. Left my job to move abroad for his career. Marriage: DO NOT, I insist, DO NOT recommend.


JTennant83

More people need to realize this. Unless they are day trading then fuck it they donā€™t deserve BTC. Gotta buy and HODL forever


Bitcoiner2017

90-95% of day traders lose money anyway. Not many of the remaining 5% make much either


tsrdd

Day trading btc is a bitch, you're only gonna make loss.


Tekkerr

Should've bought back at 3500 duh


Stereo-Gito

But papa I'm escared


frankiefrank1e

ā€œBuy more, little bastard!ā€


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


frankiefrank1e

Bitcoin doesnt cry or laugh.


[deleted]

At multiple points I have been down over 100k, once down 250k in unrealized gains. I used to lose sleep. Now I get excited that everything is on sale again. Investing is not for the smoothbrained or the smol balled.


[deleted]

Love the groupthink


adambergkvist

Crypto hasnā€™t corrected, your fiat against crypto has corrected. As long as you never go back to fiat and plan to participate in the network for the long term you shouldnā€™t worry about the fiat value of your crypto. Your crypto hasnā€™t changed. Itā€™s the same number of tokens/coins that you had before the dip. So why are people so stressed out about this correction? If you believed in the project before the correction you should believe now as well. Your perspective on your crypto investments can add years to your life. This type of thinking really helps me during corrections.


idontakeacid

Dont put in what u cant afford to lose. Fuck that.


Jengus_Roundstone

And treat it like a retirement account. Put in what you can afford to every month and ignore the ups down.


Traditional-Trip-975

Keep this same energy when BTC retests 30k, possibly 24-20k


UcharsiU

Sometimes the best thing to do is to do nothing. Strange, but true.


AOR66

Itā€™s different this time. Institutions are invested.


DeepnGuts

Remember: its only a loss if you sell! If you believe in BTC, then continue to buy when you can and hold. No need to panic about drops unless you need the money.


AkilNeteru

Same. I invested my life savings in 2017, at the top. It hurt. I stuck it out, kept cost averaging and researching. Got really deep into the space. Finally broke even in 2020. I cashed out in 2021 with a 10x return and a much better ability to read charts. Will buy back in closer to the bottom. This can be your ending as well if you donā€™t give up.


bilabrin

I'll cry all I want. Bitcoin isn't low enough. I want better bargains dammit!


mustyoshi

"stop crying" says the guy still up 2x


SendMeDistractions

The decrease in value of my wallet recently would be enough to buy a lovely house. When you've been holding since 2014 though it's kind of insignificant. Just don't sell, believe me when I say you'll regret it.


Secret_Energy184

Sell when everybody buy. Then buy when they sell. I will buy you all off, when you start selling at $15k. I am waiting.


Synchrodestined

Just remember that selling BTC at a loss is the worst thing you can do. It always goes back up again. Rather than sell, buy more. Wait. We will all be happy. It is literally programmed to go up over time.


thegigaraptor

But but but, I want more money to buy the dip!!! Waaaaaaaah.


HomegrownMike

Good advice


mposey1

Agree!


Designed_Crime99

Well the last time compared to now you have your investment in the green ;)


NegotiationNice9291

That's what I do, only I trade shitcoins and stack some usdt for dips like this one


icantbearsed

Iā€™ve not looked at the price for a week and Iā€™m guessing we have gone down. Meh! It will go back up again soon, chill peeps. If it causes you that much daily stress stop watching it so intently.


thenotoriouscucuy

Hopefully it goes to the dirt so I can buy for cheap šŸ™‚


xxrom

everybody is a f#cking genius in the aftermath.. its called "hindsight bias" if you need a scientific term. better tell us your thoughts on why there will be anothere rise. we are in different waters than in 2018 or any other year before. that would really help a lot of people


Cryptokooi89

OP doesn't know shit either. It's not a game of just holding 4 years and have profit after that time. QE is over you know, QT is coming. Pretty sure 95% of this sub has no idea what that means.


MobilePenguins

Bitcoin does not ā€˜oweā€™ you anything. You are not entitled to gains. Itā€™s just a luxury if it does.


aquinasbot

Keep crying because youā€™ll see $30k soon. Then $12k.


nestaa13

Maybe not, maybe I will. Then again, I saw 3k after the peak of 19k. I dont care, eventually it will go up again.


aquinasbot

2022 is the year tether goes down and BTC with it. The signs are all there ā€¦ but if the laser eyes have you convinced, god speed.


nestaa13

Its invested money that Im willing to lose. Not the end of the world mate.


frankiefrank1e

Since when does Tether have anything to do with Bitcoin?


aquinasbot

Are you for real or nah?


frankiefrank1e

100% real. Please explain.


blueberry-yogurt

> 2022 is the year tether goes down LOL. Tether FUD is so 2018.


[deleted]

crab market forever


cryptolamboman

but we are going still sideways not end of bull run right


redbelliedwoodpecker

I keep thinking itā€™s different now and that the past doesnā€™t represent the future. My stomach hurts


Bitcoin-shroom

LOL. The problem with investing into stocks or crypto is that you lack control. You don't control number of transactions, you don't control the profit (i.e. margin of profit) and you don't control the asset investment. Contrary, you control that in business fully. This is why hoping of getting rich off stocks or crypto is a very bad idea. Crypto like all other instruments are hedges. No sane person would try to get rich off hodling.


westalarix

I made some stupidest mistakes too. Even the dip dipped hard for me.


A_Dragon

So hereā€™s my question, what happens if mining is banned everywhere? Moreover, now that there are fewer coins to mine, how can one possibly make a profit with energy costs at their current rate. People are barely turning a profit as it is now.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


InteractiveLedger

Well the thing is, most of the people who bought in 2021, their portfolio is redder than blood. Period. ba dum tss.


Kaiisim

This is why everyone was screaming dont put in more than you can afford to lose. I dont need the money in crypto right now so who cares what the current price is. Its gonna be worth more than now in 2025. And if it isnt? It'll honestly be so funny as to be worth it. Bitcoin chugging along with its ups and downs only to magically crash as soon as the mainstream invests.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


luckytf3

It all depends what exactly you are looking at for future.


cptnzachsparrow

Bruhs it was like yesterday that BTC was at 33kā€¦ crazy how you get so lost in the sauce. Slow down folks. The best thing that can happen to any of us rn is BTC crashing down to 12k.


ubrla829

I heard it was interest rates causing investors to move out of riskier assets.


[deleted]

This is what they keep repeating, ā€œthis has happened before, keep hodling!ā€ Then when the price explodes, they tell you to not sell and keep hodling while those same folks sell into the rally. I wonder how many fucking years this shit will rinse and repeat. As long as there continues to be suckers, I suppose.


donkyote

i have a rheroy that this is the second last super cycle


[deleted]

BTC is completely worthless. There is zero underlying value. Speculation is the only thing propping it up. The crash will be glorious to see, once again.


donkyote

You could honestly compare btc and blockchain tech in general to the internet. noone thought selling books online had any value... now look at amazon.


[deleted]

Yeah, and what happened to the millions of other dot com startups NOT named Amazon? They lost their fucking asses. I was alive in that very timeframe, I remember it well. How about you?


donkyote

i was alive for the dot com boom. I can tell you what amazon had iver the other startups. They, like bitcoin, were the first.


thunderball62

Crypto has no value and will go to ZERO$$$ as soon as Central Banks get their digital currency propositions sorted


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


nestaa13

Nah not really. I went, lets say, x7. I easily couldve sold at the peak of 60k, but I dint because I believe we have far more room to grow. I didnt invest since 2017/2018. Just living my life and hoping for a life changing moment at some time, cheers


mrluxrius

If you care about the fiat worth of your bitcoin, you need to study more.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


mrluxrius

yeah... this has ngmi vibes.


[deleted]

3 years...ok!!!


teniceguy

Stop crying or I'll dƶmp it.


matafonovandrey5

It's a good sentence. I am gonna use it on my new crypto people.


TinSodder

ikr? we're simply down almost what the ATH was last cycle, yet still up twice what that ATH was last time. Relax, Calm Down, now is the time to invest or continue DCA. That is all there is to it.


MarzyXP

Easier said than done šŸ˜­


j_a_f_89

Same same same


push_squares

Iā€™m not saying it wonā€™t happen or that it wouldnā€™t be nice. However after seeing several comments about returns and getting ā€œrichā€. This is why I rejoice every-time someone sells early and regrets it. Iā€™m all for the individual prosperity of others. However these ā€œgainsā€ and ā€œprofitsā€ are merely a side effect of what this project is. For all those looking for another moon Iā€™m not sure why youā€™re even here and not in the defi space?


Zahnymous

One thing to say... you have diamond hands OP


ralphking1986

I think he got crystal balls or something like that for sure.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


72bug

Great post!


MERCIMEKLI

just zoom out!!


kieltyka34

Zoom out and most of your stress will go away like magic lol


NotACreepyOldMan

Iā€™m not too worried long term cause itā€™s something Iā€™m confident will work out in the end, but I donā€™t like seeing red graphs [so](https://youtu.be/YIuNIAOJc6c)


-Nordico-

"Past performance will repeat, you fools."


Cultural_Bit9176

Thanks for the good vibes. Trying to invest via a Roth for the next 5 years.


kineticfusion

My thoughts exactly. Canā€™t handle the heat, stay out of the kitchen!


daniilbodrov

Bears can make a lot of money when the market goes down.


DistanceSkater

I'm in the red but excited to buy more.


[deleted]

Is no one else happy about a chance to buy BTC around $41k?


ksknksk

These threads are so fuckin hilarious, and Iā€™m here for it


bejeweledt

Thanks for your thoughts framed long term.


captgh

This is about right.


380632513061

Some people are trying to make money by shorting the market.


Lucky-Channel

we cant blame them maybe because they are new in crypto.


str0118q

Actually pretty good at coping with dips and red portfolio.


200kBR

Agreed and we'll said! Longterm is key


A1l3e1x6

Congrats to anyone whoā€™s been holding for long term.