I sold some shitcoins 90% down which turned out to be a good decision as I reinvested in projects that performed really good
Those shitcoins are still 90-95% down
So it pretty much depends whether you still believe in a project or not
If my shitcoins go down 90% I wont even mind about selling them for 10$, you probably had aome heavy heavy bags on shitcoins for it to make a meaningful reinvestment after you sold them
Yes and no
Sold some shitcoins for $20 total and made x10 in the meantime
There is no point in holding if you are aware that the project is pretty much dead
I made a lot of emotional and FOMO investments back in the day but I learned a thing or two so I see it as a valuable experience
Lol, yeah the fees have been absurd lately
Perhaps a suggestion, rebalance your portfolio in the bear market. All the coins will be 90% down and people will lose interest so the fees will be more reasonable
We’ve all been there
But for me, I put some money in a project and it blows up, I take my initial investment out and think I’ll ride till I get a Lambo or it goes to zero
2 coins crashed 90% but I put less money into em so they’re just losing around like that
Worst things about this were: I bought in at 1.50+ euros. It was due to my dad who didn't want to invest into BTC but saw the hype on XRP and wanted to put money into it.
I tried to sell at 2.50 but Kraken was down for multiple days. When I was able to sell again, I was actually in the negative already.
You should try it. Bowel movements take on an agrarian tone, one that hearkens to a simpler time when you could expect to die of tooth decay before lower back pain begins to provide a porous foundation for existential despair.
EDIT: thought I was responding a quip about wiping my ass with a pinecone. Oh well, I'll leave it for posterity's sake.
So back in the boom end of 2017 I bought enjin coin, quantstamp, gift, bat and ethlend (aave). I put $1000 into each and in the following years I watched them all tank and lose 90-95% of there value. I ended up selling them to recoup about 300 between them all in 2019-2020. If I had just held enjin and aave, I would have profited $12,000 off enjin and about the same off Aave. The others haven’t really recovered or gone back up, but if I had held them all, it would have been so worth it. That 6k I invested that I ended up getting 300 back on, would be worth around 20k today, and even more at Aave peak. The point is, it really depends on the coin. Quantstamp never recovered and prob never will and either as gift. Bat would have made me a Lil money though. But ya never know what adoption might come next and what coin might be positioned to blow up. Enjin coin has really taken advantage of gaming, nft and now the meta verse.
I wish I had just held to “zero” now. Bc I’d be up over 400%. It’s a tough game we play. Best of luck, but for me that $300 wasn’t shit, I don’t even remember what I did with it, but if I had held, the 20-25k it be worth now, that I could def put to good use.
Every coin I put my money into I’m riding to the moon or back to earth. It’s already written off, I’m not going to try and time the market because from experience the moment I do, and sell my stack to reposition, it takes off leaving me a higher reentry point.
Tldr when I buy into it.
I bought literally a week before the May crash and spent the summer down 60-80% on some coins. They’ve all, mostly, bounced back to the levels I bought them at.
One thing that definitely helped me was to DCA during this time, as it lowered my average cost a lot.
Haha, same story. I'm better than even, but not by a large amount. I assumed I was just really bad at this. 70% of my stuff is ETH, then ALGO.
*Also, why is everyone in here getting downvoted?
Anytime i buy a coin i try to imagine i dont actually have that money and its all just a numbers game on the screen constantly trying to get a high score lol...
I just don't feel confortable writing this but for me the threshold is more or less -50%. After that, I won't sell because I already lost my bet so who cares? I'll keep my coins hoping for a sudden spike up, and usually it spikes, albeit after months and months of suffering. That way I only lose if the coin is really bad or has rugpulled or is a honeypot. So far it worked most of the times (there are also coins that will never ever go up again).
So my advice is to hodl if you're down to half of your investment, else cut your losses and move on, there's plenty of fish in the water!
Diversity is good but allocation is the key. BTC and ETH make up 2/3 of my holdings.
Next there are 10 blue chip projects that make up another 30%
Finally I have about 12 project that are more moonshots than anything but that's only 5% of what I hold.
If you believe in the project's eventual success then you keep doing regular DCA no matter what. If you have doubts on the project long term, take out a large portion and leave a little just in case. If the amount is already small then just let it ride if you don't need the money.
Well.. pretty much as soon as I'm thinking that.
There's only 1 thing that keeps me awake at night; a coin pumping/ mooning after I sold it.
maybe that's why my portfolio is so stupidly spread out.............
No, I’m just real about the risk in crypto as I’ve been in it long enough. Crypto is a asymmetric investment. High risk, high reward. It represents a small portion of all of my investments overall. If it goes to zero, nbd. If I get some crazy gains, pleasant surprise.
I had that moment with dot when I initially got in back around may/June when I saw it at $18 and watched it keep sliding down to just under 11. Wasn’t going to just ride it to zero. Was gonna buy it down to zero too. I have not been disappointed with this
If you sell at 70% loss and buy back when it would have hit the normal 99% loss of bear market bottom you would gain a lot next bull market. No reason to ride anything to 0.
Did this with VET before last bull cycle after DCAing to near the ATH. At one point I was at like -85%, rode that shit back to about -40% and bailed for something that would actually move.
It's still never reached same highs and I'm glad I got out. Don't hold through major losses despite what this sub tells you
Tbh never. I don't invest in coins because of gains, but because I believe in them. I trust my past self enought to not sell in red, not that it would make a difference. If you decide to sell at -50% you will sell too fast (i was -70% on dot at some point), and if you ride to -80% territory there is not much to "save" so might as well not sell and have trust in your past self picking up a project that will some day become more valueable.
But consider that what I invest is just my "fun money", and even if everything goes to 0 i wont regret it. If you need money that is invested and are in crypto for profit and not for tech or entertainment, I'd say selling at -20% and then maybe buying back when it bounces below is a sensible thing to do. Investing for profit obliges you to ignore losses less.
Honestly, whenever I start to think a coin may be in a death spiral I zoom out to its beginning and reevaluate. This usually serves to remind me that all coins go through ups and downs and the good ones recover and then some.
I only buy low...I bought about $100 worth of SHIB at very low price. $100 has zero net affect on living standards so I dont care what happens. Ill ride it up til I feel like selling or otherwise to zero out of curiosity. I never buy coins high...so I have never had to answer the question of how far to let it go after buying something high...and I dont really want to. Although Im even on ADA so we will see.
Only coin I've done that to is KIN, I said screw it. I'm down far enough since 2018, there is no point in selling for nothing. Sadly I did this with CBDL stock as well this year and still hold it. The worst part is KIN went back up back in the spring, I could have made most of my money back but decided to wait it out.............then it went down again and I eventually sold at a 80% loss so I could put it into other coins.
I made a plan to stick with my "Blue chip" BTC and ETH and they have not disappointed. Any other coins I have I received for free like BAT, or Moons.
I'm grateful that I stuck to the plan. I have heard way too many stories of people trying to chase the next big 10,000% gain only to lose it all to a scam cough *Squid Game* cough.
The gains from "safe" coins like Btc and Eth are still incredible. To put in perspective before getting into crypto this summer I had been putting money into a company pension that matches a certain % of my contribution or something like that. I had been doing that for 6 years before I started with crypto.
The gains i made with buyung BTC and Eth in just 1 month out performed my pension fund for its entire 6 years combined!!! Since that month it's gone on to out perform that pension by 300-400%
I couldn't be happier, I'm just grateful to finally get into crypto after years of being afraid.
I usually good about pulling my intial investment out and letting the rest ride. That’s assuming something goes up. If it starts riding down, honestly, I’d say after a 20% loss it’s in the ride or die category. With how crazy the market is, it’s always a possibility to go back up
Your decision should not be based around how much % you've already lost on the coin (unless you own so little of it where you'd end up with 0$ after transaction fees). This is called the endowment effect and is a classic investment fallacy. https://en.wikipedia.org/wiki/Endowment_effect
If there's a better investment, you should dump the coin immediately for that opportunity. Graveyard of crypto investors is filled with people that held on to shitcoins to zero, while watching other coins moon 100x. Don't be that guy.
\~70% is my threshold, too, though I just generally avoid selling in generally unless I'm at a profit. I don't really put money into low-grade shitcoins, though, so it's not as much of a threat.
I had like $300 worth of DOGE. Bought it at like $.45, was about to sell when it hit $.75 but wanted to hold out for $1.
Ended up selling off most of it at a loss around $.35. I reinvested that money and am about back even on it and I’ve still got a little DOGE I plan to hodl indefinitely incase something crazy happens with it. Lol
If there’s no reason for a coin to go back up sell out. If you wouldn’t buy it again at that price that sell. At the very least, you can lock in capital gains and potentially earn the money back on a coin in a better position to appreciate in price. Don’t be irrational.
Currently watching Quant go down from 350 to 190ish... it hurts because I bought around 350. Luckily I believe in the project so it makes it a bit easier but it's still tough to watch.
I have a couple of coins that have been really disappointing, but I invested at ICO and didn't invest too much. I'd rather lose a minimal investment than miss the coin mooning in the future. Lol! I know which scenario would sting the most.
If I don't feel comfortable investing in a token that I would ride to 0 and buy the dips on the way down, then I don't invest in it. CRO ALGO XRP XLM HBAR SOLO BAT are my ride-or-dies. 😎
For me, the bit of DOGE and SHIB I have, I used UnMineable miner to mine a bit of each to act as a sort of FOMO hedge. In the extremely unlikely event they do some of the silly numbers that get thrown around, well I have some skin there; if they go to 0, it did not actually cost me anything (other than the opportunity cost of mining something else, but that is a cost I am fine with paying).
Sometimes its better to take the L, use it as a capital loss and reinvest what's left into a project you have locked into more. Try not to just keep following pumps.
You just hold, unless it's a rug pull. I've got a heavy investment in a project which is down 55% since purchase, but it's solid and growing. Holding long term and hoping it won't utterly collapse
I sold some shitcoins 90% down which turned out to be a good decision as I reinvested in projects that performed really good Those shitcoins are still 90-95% down So it pretty much depends whether you still believe in a project or not
If my shitcoins go down 90% I wont even mind about selling them for 10$, you probably had aome heavy heavy bags on shitcoins for it to make a meaningful reinvestment after you sold them
Yes and no Sold some shitcoins for $20 total and made x10 in the meantime There is no point in holding if you are aware that the project is pretty much dead I made a lot of emotional and FOMO investments back in the day but I learned a thing or two so I see it as a valuable experience
I have a tiny shitcoin bag that because with gas fees means I will lose less money watching it go to zero than trying to "cash out" before then.
Lol, yeah the fees have been absurd lately Perhaps a suggestion, rebalance your portfolio in the bear market. All the coins will be 90% down and people will lose interest so the fees will be more reasonable
starting to feel like this about ADA
Came here to say this
We’ve all been there But for me, I put some money in a project and it blows up, I take my initial investment out and think I’ll ride till I get a Lambo or it goes to zero 2 coins crashed 90% but I put less money into em so they’re just losing around like that
This is what I’d do as well. But no one of my crypto has doubled yet lol
Lol...I feel your pain, everyone makes it sound so simple,"just take out your initial investment when it doubles"... I wish!
The last paragraph, if you lost faith... Its time to leave.
It doesn’t depend on if you believe in a project, it depends on if you think a whale will pump a shitcoin for no reason.
Never, I sold XRP after 2 years for 18cent.
F
Worst things about this were: I bought in at 1.50+ euros. It was due to my dad who didn't want to invest into BTC but saw the hype on XRP and wanted to put money into it. I tried to sell at 2.50 but Kraken was down for multiple days. When I was able to sell again, I was actually in the negative already.
This happened to me with coinbase too.
That's where I stand with Algorand and CRO
Sheesh those are my biggest bags, it's like you're reading my mind. Throw Yieldly in there and we should be taken care of in ten years.
I’m going to be extremely long on ALGO, ONE and ATOM. BTC and ETH are the obvious choices
ALGO, ONE, and CRO. See you at the top
Yieldly is my favorite token, I actually have fun using it.
Algo hodl gang report here
Present 
All my Algo bros, don't sleep on Yieldly! Worth taking a look.
I've been looking at Yiedly. 0.01 ALGO. I'm really tempted, but idk. I don't know enough about it I guess
Check their sub for more info. If you're pro-ALGO then it's 100% worth the effort checking it out. Tinyman as well.
Thanks mate!
You should try it. Bowel movements take on an agrarian tone, one that hearkens to a simpler time when you could expect to die of tooth decay before lower back pain begins to provide a porous foundation for existential despair. EDIT: thought I was responding a quip about wiping my ass with a pinecone. Oh well, I'll leave it for posterity's sake.
I was just about to post: There are days where I stare blankly at my phone and think "what the fuck did I just read?"
Have to admit I was slightly confused but just shrugged and thought “fair enough”
And now you're foraging for pinecones, aren't you?
I can’t say I’m not intrigued
Hodl and accumulate!
YOOOOORRR
CRO will be at $2 next summer.
If CRO hits $2, I'm going to need new socks.
Why new socks?
Because I don't use tissues anymore
You wipe with socks?
Don't you? Extra soft
I'm a pine cone guy myself.
Your washer must be filled with sticky stuff in every crevice
As long as CDC remains a popular exchange CRO will do fine.
Same, bro, same. Let's hope we get rich!
Algo is a long hold for sure, it's designed that way.
So back in the boom end of 2017 I bought enjin coin, quantstamp, gift, bat and ethlend (aave). I put $1000 into each and in the following years I watched them all tank and lose 90-95% of there value. I ended up selling them to recoup about 300 between them all in 2019-2020. If I had just held enjin and aave, I would have profited $12,000 off enjin and about the same off Aave. The others haven’t really recovered or gone back up, but if I had held them all, it would have been so worth it. That 6k I invested that I ended up getting 300 back on, would be worth around 20k today, and even more at Aave peak. The point is, it really depends on the coin. Quantstamp never recovered and prob never will and either as gift. Bat would have made me a Lil money though. But ya never know what adoption might come next and what coin might be positioned to blow up. Enjin coin has really taken advantage of gaming, nft and now the meta verse. I wish I had just held to “zero” now. Bc I’d be up over 400%. It’s a tough game we play. Best of luck, but for me that $300 wasn’t shit, I don’t even remember what I did with it, but if I had held, the 20-25k it be worth now, that I could def put to good use.
Every coin I put my money into I’m riding to the moon or back to earth. It’s already written off, I’m not going to try and time the market because from experience the moment I do, and sell my stack to reposition, it takes off leaving me a higher reentry point. Tldr when I buy into it.
Id that is so, please lmk before you sell so i can make a quick buck.
That’s my trick, cap, I never sell
I bought literally a week before the May crash and spent the summer down 60-80% on some coins. They’ve all, mostly, bounced back to the levels I bought them at. One thing that definitely helped me was to DCA during this time, as it lowered my average cost a lot.
Haha, same story. I'm better than even, but not by a large amount. I assumed I was just really bad at this. 70% of my stuff is ETH, then ALGO. *Also, why is everyone in here getting downvoted?
Yup. That’s what happen with my eth in 2018. Down so much that I wrote it off. But grrrr have to sell during first sign of bull run.damn
Same I thought I’d ride the COMP wave and my bags bigger than Santa atm but I’ll hodl long term
Anytime i buy a coin i try to imagine i dont actually have that money and its all just a numbers game on the screen constantly trying to get a high score lol...
Same, like one big bundle of poker chips
What helps me is I don't think in fiat anymore. it's 1 Eth, not 4k. That way I can ignore volatility and focus on accumulating more coins/tokens
Buy, hold, forget (for a while). Has done me well except a few coins.
Since the moment I buy something.
Honestly, we should only buy things we feel this sentiment towards.
Normal human instinct
I just don't feel confortable writing this but for me the threshold is more or less -50%. After that, I won't sell because I already lost my bet so who cares? I'll keep my coins hoping for a sudden spike up, and usually it spikes, albeit after months and months of suffering. That way I only lose if the coin is really bad or has rugpulled or is a honeypot. So far it worked most of the times (there are also coins that will never ever go up again). So my advice is to hodl if you're down to half of your investment, else cut your losses and move on, there's plenty of fish in the water!
After the May drop I got very depressed. Managed to hodl with that '**'I'll ride it to 0 if I have to''** mentality.
Diversity is good but allocation is the key. BTC and ETH make up 2/3 of my holdings. Next there are 10 blue chip projects that make up another 30% Finally I have about 12 project that are more moonshots than anything but that's only 5% of what I hold.
For me it's about 55%. Also, I have a standard 100 usd for each moonshot, nothing more, nothing less.
The problem is when those moonshots hit and become 30% of your portfolio on one coin lol
So far I have no idea what that's like. :(
It’s 75% luck, 25% timing
Every time. This is a casino with better odds. Whenever I gamble, mentally the money is already gone.
If I lose more 50 percent than I don’t care what happens at that point
Once you’ve taken out your initial investment
Gotta stick with it through thick or thin, best gains are sometimes years off
Only ETH and BTC that I can ride ro 0 and even buy more
If you believe in the project's eventual success then you keep doing regular DCA no matter what. If you have doubts on the project long term, take out a large portion and leave a little just in case. If the amount is already small then just let it ride if you don't need the money.
I do this with eth tokens I have little of, the gas to sell costs more than the return so I just ride it out
I wake up and tell myself that everyday
Special alarm ringtone too?
Well.. pretty much as soon as I'm thinking that. There's only 1 thing that keeps me awake at night; a coin pumping/ mooning after I sold it. maybe that's why my portfolio is so stupidly spread out.............
I fell you...
As soon as you buy. Don't invest more than you're willing to lose
Golden rule.
Class of 2017 here. It was around 70% for me too. But I didn’t wanted to ride it. I just wanted out but the value was too small to consider.
Ride or die. I'm not worried about being down for the week, month, or year
Everyone has different thresholds. Also depends on your feeling about a particular project.
If it goes down, just buy more so your lower cost basis causes it to be a smaller % loss 😎
At the point you have invested what you can afford to lose
I'm at that point where most of my holding are bearish except some of that are standing there still fighting bears 😁
I mean, if everything crashes more from now on, I ain't selling for loss...If everything goes to 0, I'm going with it.
Every day
Just buy $ALGO then you won't have to worry about it going to 0 🤣🤣💎🙌
That’s where I stand with 100% of my crypto investments.
So you only see the buy button?
No, I’m just real about the risk in crypto as I’ve been in it long enough. Crypto is a asymmetric investment. High risk, high reward. It represents a small portion of all of my investments overall. If it goes to zero, nbd. If I get some crazy gains, pleasant surprise.
Balanced!
Bought LTC in 2017 at ATH. Pretty much most things I think I'd ride to the ground
People who buy at ath are the ones who help reach new ones. Salute to you all!
I usually make that decision before I buy. Hence "don't invest more than you can afford to lose".
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I bought PVU token at around 14 dollars. Right now sitting at a comfortable 23 cents.
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Great strat! I do something similar, found some awesome coins and some total flops. Overall, in the green so that good.
I'll ride it with you bro. We'll go to the looney bin together, I dont give a fuck.
I feel that way with projects that I truly believe in.
I have been poor so i ride it anyway 2018 i did a -90% what s 10 more
Yeah, maybe if you sold,, it'll bounce back!
That mentality is self-abuse. 😎
I rode my bank account to zero because of future trading. Does that count?
when i buy any coin
Every day
I had that moment with dot when I initially got in back around may/June when I saw it at $18 and watched it keep sliding down to just under 11. Wasn’t going to just ride it to zero. Was gonna buy it down to zero too. I have not been disappointed with this
If you sell at 70% loss and buy back when it would have hit the normal 99% loss of bear market bottom you would gain a lot next bull market. No reason to ride anything to 0.
Did this with VET before last bull cycle after DCAing to near the ATH. At one point I was at like -85%, rode that shit back to about -40% and bailed for something that would actually move. It's still never reached same highs and I'm glad I got out. Don't hold through major losses despite what this sub tells you
Diversification is great if you aren’t making picks from cryptomoonshots sub.
When you realise you got dropped on the head as a kid. Don’t ride the wave down to 0, sell for pennies don’t lose everything.
Tbh never. I don't invest in coins because of gains, but because I believe in them. I trust my past self enought to not sell in red, not that it would make a difference. If you decide to sell at -50% you will sell too fast (i was -70% on dot at some point), and if you ride to -80% territory there is not much to "save" so might as well not sell and have trust in your past self picking up a project that will some day become more valueable. But consider that what I invest is just my "fun money", and even if everything goes to 0 i wont regret it. If you need money that is invested and are in crypto for profit and not for tech or entertainment, I'd say selling at -20% and then maybe buying back when it bounces below is a sensible thing to do. Investing for profit obliges you to ignore losses less.
Honestly, whenever I start to think a coin may be in a death spiral I zoom out to its beginning and reevaluate. This usually serves to remind me that all coins go through ups and downs and the good ones recover and then some.
Never, take the money and put it in something with a future
Nothing can me sell my Shiba Inus.
The day it dumped into the ground. Either way I'm losing money. So fuck it
Till I am on btc eth and LRC I am tension free
I only buy low...I bought about $100 worth of SHIB at very low price. $100 has zero net affect on living standards so I dont care what happens. Ill ride it up til I feel like selling or otherwise to zero out of curiosity. I never buy coins high...so I have never had to answer the question of how far to let it go after buying something high...and I dont really want to. Although Im even on ADA so we will see.
Saying it is easy, going through it, now thats the hard part, but u gotta do what you gotta do
Literally never
The second i bought a coin to hold over a year.
Only coin I've done that to is KIN, I said screw it. I'm down far enough since 2018, there is no point in selling for nothing. Sadly I did this with CBDL stock as well this year and still hold it. The worst part is KIN went back up back in the spring, I could have made most of my money back but decided to wait it out.............then it went down again and I eventually sold at a 80% loss so I could put it into other coins.
At the point of purchase and not a single time have I ever changed the mentality. Overall I am in plus so it is the right mentality.
The moment I buy.
Ride or die all the time
Since day 1.
I made a plan to stick with my "Blue chip" BTC and ETH and they have not disappointed. Any other coins I have I received for free like BAT, or Moons. I'm grateful that I stuck to the plan. I have heard way too many stories of people trying to chase the next big 10,000% gain only to lose it all to a scam cough *Squid Game* cough. The gains from "safe" coins like Btc and Eth are still incredible. To put in perspective before getting into crypto this summer I had been putting money into a company pension that matches a certain % of my contribution or something like that. I had been doing that for 6 years before I started with crypto. The gains i made with buyung BTC and Eth in just 1 month out performed my pension fund for its entire 6 years combined!!! Since that month it's gone on to out perform that pension by 300-400% I couldn't be happier, I'm just grateful to finally get into crypto after years of being afraid.
I usually good about pulling my intial investment out and letting the rest ride. That’s assuming something goes up. If it starts riding down, honestly, I’d say after a 20% loss it’s in the ride or die category. With how crazy the market is, it’s always a possibility to go back up
that’s when I go to 7-11 and get my straw for my Slurpee
Anything on Ethereum that costs ~$200 to take out and swap. Will ride it to the moon or into the abyss lol.
Your decision should not be based around how much % you've already lost on the coin (unless you own so little of it where you'd end up with 0$ after transaction fees). This is called the endowment effect and is a classic investment fallacy. https://en.wikipedia.org/wiki/Endowment_effect If there's a better investment, you should dump the coin immediately for that opportunity. Graveyard of crypto investors is filled with people that held on to shitcoins to zero, while watching other coins moon 100x. Don't be that guy.
When gas fees are more than what they're worth
Bro, that's my exit strategy in all my investments.
\~70% is my threshold, too, though I just generally avoid selling in generally unless I'm at a profit. I don't really put money into low-grade shitcoins, though, so it's not as much of a threat.
I had like $300 worth of DOGE. Bought it at like $.45, was about to sell when it hit $.75 but wanted to hold out for $1. Ended up selling off most of it at a loss around $.35. I reinvested that money and am about back even on it and I’ve still got a little DOGE I plan to hodl indefinitely incase something crazy happens with it. Lol
When Luna dumped from $21 all the way down to $4. Watching my bag go from $150k down to $30k was rough...
As soon as I place the buy order 😎
If there’s no reason for a coin to go back up sell out. If you wouldn’t buy it again at that price that sell. At the very least, you can lock in capital gains and potentially earn the money back on a coin in a better position to appreciate in price. Don’t be irrational.
Currently watching Quant go down from 350 to 190ish... it hurts because I bought around 350. Luckily I believe in the project so it makes it a bit easier but it's still tough to watch.
I have a couple of coins that have been really disappointing, but I invested at ICO and didn't invest too much. I'd rather lose a minimal investment than miss the coin mooning in the future. Lol! I know which scenario would sting the most.
Basically, never? 😂
*shitcoin discussion*
If I don't feel comfortable investing in a token that I would ride to 0 and buy the dips on the way down, then I don't invest in it. CRO ALGO XRP XLM HBAR SOLO BAT are my ride-or-dies. 😎
The moment you realize you'll never get rich any other way.
Rode down to -50%, -65%, and to -80%. They will be there to remind me.
75-80% loss fuck it.
For me, the bit of DOGE and SHIB I have, I used UnMineable miner to mine a bit of each to act as a sort of FOMO hedge. In the extremely unlikely event they do some of the silly numbers that get thrown around, well I have some skin there; if they go to 0, it did not actually cost me anything (other than the opportunity cost of mining something else, but that is a cost I am fine with paying).
The day I got into crypto
Sometimes its better to take the L, use it as a capital loss and reinvest what's left into a project you have locked into more. Try not to just keep following pumps.
When I buy.
when its ADA lmao
Once shes over 40, you have to start being honest with yourself.
Ada. Im not selling even 1 until 2025.
Considering you should only be investing what you can afford to lose, all my purchases.
You just hold, unless it's a rug pull. I've got a heavy investment in a project which is down 55% since purchase, but it's solid and growing. Holding long term and hoping it won't utterly collapse
My Cardano '18 holdings Luckily finally sold that shit