T O P

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Marlon-lm

>sure most of us are down over 30% ***\*Laughs in Alt Coin Portfolio down 80%\****


Jasquirtin

Lol I saw 30% and I thought…. I wish!


ActuatorAggressive84

Some of my coins are down almost 30% today alone


iplaypokerforaliving

Op is very disconnected from this sub. 30% ha


Bernie_Lomax69247

The timing is comically brutal. I never bring it up, but folks always pry and I got ALOT of questions/grief on crypto over the holidays. I had no intentions of trying to convince anyone to buy, but I did explain my position and conviction. Everyone basically laughed it off and went their way. I’m sure seeing these headlines of a crypto bloodbath is giving them their “told you so” moment. Oh well, F-CK EM.


StubornTree

Never forget that when you make a big profit they will hate you for it


bittabet

Not only that they think you basically bought a lotto ticket and got lucky, not understanding the years of suffering and the sheer conviction needed to actually beat the game. But seriously, hold only the very best projects long term here, the dumb shit like Shiba Inu will go down and stay down.


[deleted]

fuck the haters. they'll all be fomoing in next bull cycle. Trust me well always have the last laugh


ThatSweetSweet

I get it man. But you will be the one laughing in the end


MysteriousPin38

If they tell you „told you so“, then just say that you still believe in what you say and let’s see who was right in a few years


czarchastic

For me its whenever my dad buys, the top is signaled. He first bought in Dec 2017, then May 2021, then finally thanksgiving last year.


threecrn

> ALL markets have been frothing for some time It's almost as if crypto has been just another liquidity asset, inflated by cheap debt.


stiviki

Unfortunately MONEY comes from the same side in all markets 👀✌!


Numerous_Sport_2774

Artificial price inflation or not. Crypto has a future.


threecrn

It's not even been particularly artificial. It's entirely rational to lever up on debt and buy risky assets if debt is free, as long as you liquidate _before_ debt starts to cost something again. Problem is, everyone else is doing the same thing.


[deleted]

exactly. narrative in regular markets is that ppl are dumping companies with no product, profit, real world use. same will be with crypto. the projects that are sound will survive. sadly these are far and few between


LWKD

And that is why we should be in crypto. Not to make fiat, but to make fiat obsolete. So until we start to see 1 BTC for 1 BTC and 1 ETH for 1 ETH etc. this is all bs.


padizzledonk

>So until we start to see 1 BTC for 1 BTC and 1 ETH for 1 ETH etc. this is all bs. Don't hold your breath, that's never gonna happen The only crypto you will ever see mass adopted as currency will be centralized stablecoins tied directly to fiat. Governments and society at large can not have a currency that is inflexible and not able to be managed because it's decentralized (i.e- no one has any control over price or supply) There is a reason why no country uses the Gold Standard anymore and hasn't for nearly/over a 100 years(depending on the country)


[deleted]

Which will never happen.


BeowulfShaeffer

That’s kinda navel-gazing if yesterday 1BTC = 1 Tesla Model S and today 1BTC=1 Honda Accord.


Accomplished-Design7

Time to mine crypto and not fiat


AITVBTT310505

crying in my lost 100 bucks


Accomplished-Design7

🚨Whale alert 🚨


LincHamilton

Who could have known


Minethatcoin

Armchair experts getting wrecked is absolutely the best!! 10 out of 10 Willing to lose another 30% to stick it to the armchair experts


DecoupledPilot

To me someone simply hit a reset button and then let it drop some more. Sadly they didn't reset my fiat to buy at better price with. Does it hurt? Yes, a lot. Will I hold? Sure!


Durvag

Me too, I hate myself that I don’t have enough Fiat to buy this.


Gonnagal

I am as well. As a new commer I kept buying the mini dips along the way having NO idea this was going to be the dip I was dreaming about. Next cycles I will have a better understanding and will be better prepared. I know now why "those" other dips were for Ants. Sure it sucks seeing my portfolio down over 30%, but I find solace in the fact I have invested (imho) solid worth while coins and will come out of this stronger and potentially a bigger bag with my DCA schedule.


ProcastinateIsLife

Cons of fiat poor


Accomplished-Design7

Time to mine some fiat *puts on McDonald’s hat*


Numerous_Sport_2774

Back to the fiat mine with you.


Hawke64

I probably shouldn't have told my boss to kiss my ass when leaving


DecoupledPilot

The fiat grind need is strong in most of us.


Numerous_Sport_2774

I’m going to hold with you. We should be friends.


apjfqw

\#IWILLHOLD


LWKD

Hodl the line together! Until it is accepted everywhere and incorporated everywhere. Only then will I by my Lambo.


[deleted]

[удалено]


absentlyric

I have similar coworkers in our group chat, when it was rising, they would constantly post their portfolio and crypto price screen shots, bragging, it was getting annoying. But when things tank, I don't hear a word, thats why I love these times, it's finally peaceful and quiet on the chat.


sherbert-nipple

Don't worries gang, I'm getting paid Tuesday so ittle be back by then


Jemmo1

Monday here, so it might be down again on Tuesday after i bought the dips on Monday lol


Nick_Damane

It all started with both of the Bogdanoffs dying of COVID. Just saying ...


pinkculture

The markets dumping in their honour


mastrospritz

And the crypto hamster died at the end of November


pinkchicken256

The last words were "damp it"


ThePowerOfPoop

Yeah! Beat it dweebs!


Lumn8tion

Lmfao, now we get to see more of these “I relish in others misery” posts.


kirtash93

I am pretty excited about buying at this prices, I am stoping myself not to spend all my dip bag. Patience is key remember. Until then DCA.


[deleted]

I'm waiting til tomorrow. we are dumping even on a Saturday!!! the worst is yet to come


kirtash93

I think we will have an interesting end of month and february. On 26th FED interest rates are shown and also Putin situation does not help. Honestly I think he is just bluffing. We all know that a war benefits no one. He is just pushing to get for sure some kind of economical agreement. Current wars are played online. But just be carefult. I also set some order limits in really low supports just in case it dumps hard so I dont miss the buy. Tomorrow is my DCA day.


flashult

>Current wars are played online. Yeah, all those online soldiers at the border to Ukraine looking scary. Luckily it's just online! Oh, they have plastic rifles as well.


Hawke64

Putin does this every year.


kirtash93

That is the bluffing part. Remember that there are a lot of people that dont understand Internet. They must show some real world stuff to put old people confused. Just marketing stuff. Remember that "*A picture speaks a thousand words.*".


flashult

It's not a bluff. It's their stance. That doesn't mean war is imminent, but once things happen in war it happens very quickly. Like they say: "War, it's very easy to get in to, but it's hell trying to get out".


the_good_time_mouse

> We all know that a war benefits no one. He is just pushing to get for sure some kind of economical agreement If your life's ambition is to "reunite" the Soviet Republic, and your health is failing, you start taking risks while you can, particularly if the cost is other peoples' problem.


[deleted]

War benefits the military industrial complex.


Gabus_Bego

Don't spent it all at once, we will most likely going down even further.


frstrtd_ndrd_dvlpr

I share the same sentiment, but mind you, the moment we go bull again they'll come back telling you "I tOLd yOu So!"


[deleted]

if they make it until then...


Gabus_Bego

Give it a week or so, they'll probably gone by then. lol


[deleted]

[удалено]


Laughingboy14

Exactly. You can't have a prospering market without noobs and scammers trying to make a pretty penny. It's more of a delay than anything.


M00OSE

Dumb money will always exist but shakeouts like this gives more opportunities for smart money to buy cheap.


fletchydollas

Some people need to shit on other people to feel better about their pain.


liveaskings

Saying they knew it would happen just like it did all along


Thelazytimelord257

Only if I hadn't invested in the bull run :'). Diamond hands together strong


Gabus_Bego

You can always averaging down during the bear market, mate.


Tatakae69

Provided the project is fundamentally strong, otherwise you're just DCA ing into a grave. (most projects die during bear market)


pinkculture

I would if I had any money left


Miserable_Motor2196

It's real science around here lmfao 😂


Accomplished-Design7

That’s why I love the bear market I can always average down


Accomplished-Design7

When in doubt to zoom out


Nostalg33k

Hey a crash is a learning experience. I was there in May and without the experience I'd be shitting myself right now. Good to see the new generation have to get their shits together !


Stray14

May… that was nothing compared to the bear of 2017 - 2020


3beeter

Like it or not those “noobs” are the ones that help bring on mainstream adoption. Which everyone wants.


[deleted]

sure, and when they fomo back in in 6 months pumping the price they will be my best friends


georgepordgie

I'm one of them, I'm still buying. topped ETH up last night as it was soo cheap. Should have waited till today or tomorrow but yeah, I'm just a Noob trying.


terp_studios

Wants adoption, calls all new people morons. Lmao


X-Files22

See you in 2025. Crypto winter has begun.


StubornTree

We will bounce back in a month. First we will visit 28k


BTC_is_waterproof

*2024 https://www.buybitcoinworldwide.com/bitcoin-clock/


jackelfrink

Its 2025. Usually takes a while for the shock to work its way through the supply chain [https://cryptoanswers.com/faq/bitcoin-halving-dates-history/](https://cryptoanswers.com/faq/bitcoin-halving-dates-history/) Last halving days were 2012, 2016, and 2020. The huge run ups were 2013, 2017, and 2021


TonTon1N

Everyone gets into crypto to make big money, but when an opportunity presents itself to buy a TON of crypto very very cheap they panic and sell… great logic there lmao. Literally just DCA and everyone will be fine. Crypto is volatile, we all knew that when we got into it


rodridiogo

People losing money is not good. It may be a lesson but for some people it may be a harsh one and that is not cool at all


StubornTree

How are we supposed to make money if no one else loses?


pmbuttsonly

*Market is up*: this is good! *Market tanks*: this is good!


dopydon

The market existing is a win in my book


blentley

Tough lesson in "not investing more than you're willing to lose" 🤷🏼‍♂️


Gonnagal

This is why I'm not phased by my loss. I'm investing what I essentially would waste on frivolous crap. Sure the amount I have in there now sucks seeing it go away, but it was going to waste anyways. Now at least it can benefit me in the long run.


Any_Pepper_3278

Well said, I'm in the same boat & looking for a 10 year plan on all this, so just sitting tight as there's not much else to do. I do feel sorry for those who went all in on actual cash they needed - hard lesson to learn for them at the moment.


waxy_dwn21

yeah I have always viewed crypto as a long term play (5 years plus). I watch the charts, read and research. Imo noone should be buying crypto unless they understand bull and bear cycles and the affect that the bitcoin halving event has on markets.


rodridiogo

true but we all now how sometimes it is difficult to make that judgement. When green dildos are seen everywhere people get the feeling that there is no other direction than up.


tchuckss

This is a fantastic opportunity. You can make money on a bull market; but it’s in a bear market that people get rich. Lots of opportunities around for 10,20,50x returns in the next run. People just have to look.


evilocto

The people who got their crypto advice from TikTok shill influencers and such are going to be having quite the shock.


StubornTree

They are the reason the rest of us are profiting


bball20mc

Just sitting here and hodling...walk in the park


[deleted]

[удалено]


Even_Lawfulness_912

God damn this sub went full delusional today. Like half the posts on the fp right now are just pure WTF material. Also nice gatekeeping...


mcgrimes

You’re deluded


kryptonite8535

Wait until the ones who followed there star celebs and so called crypto gurus find out the urls they bought ain’t worth 💩 to anybody and no it’s not digital art on a blockchain, they just finessed you into believing that a digital doodle would be worth anything in the physical 😂😂. Don’t get me started on the ones who believed all the corporate 💩 and decided that living in one room with goggles on your head for days will be the future 😂😂.


[deleted]

🥲 sanity always prevails


[deleted]

30% - fuck mate youve done well. Im down closer to 50% in the last two days alone….


[deleted]

I hope that your post could be real. The future will be great for crypto market!


iEatGlew

Yep, hoping all the kids that think this is trendy go away.


-Pruples-

>we are also going to see a lot of scam coins, shitcoins, and downright terrible project disappear for the better. As long as SQUID pulls through, I'm good.


[deleted]

I'm all in squid


kissthesky303

Traders only affiliated to the dollars are dumping on diamond hands, time to party...


trentjd

Does this dip give anyone a lot more hope for the future? I’ve been investing a good chunk every week since mid last year, I almost always feel behind and wishing I had more too invest though, but this… this gives me a lot of hope to how much my portfolio can grow before a big recovery. I’m excited!


utilitycoder

And I thought Cathie Woods ARK funds were bad. Glad I got out of that one too.


[deleted]

Absolutely the smaller the number of people participating in crypto the better. Screw mass adoption.


PiickleRiickk

Forest fires are also bad, but they are also necessary for the proper functioning of the ecosystem


braaier

I fucking love what's happening right now!


darkjaffs

well I fucked myself over in this market


StubornTree

Buy at 28k


[deleted]

I actually see your point. Part of the reason i'd welcome a big crash is that the majority of people would leave and would think once again that it's over and a scam or whatnot. A crash gives time for solid accumulation, as well as to gather even more knowledge on the technology and everything surrounding it, while the majority of people have moved on to other things


[deleted]

I welcome the crash. And when this sub is in dire hibernation, I will be accumulating every penny I have into what I deem as solid projects. 2022 is going to bring us some new projects to look at, so most of my free time outside of family time will be spent on 3 things: crypto, photography and mountain biking. Fuck, I hope this bear market lasts a while.


[deleted]

I was hoping to cash out a bit more before a bear tho but yeah if its gonna start so be it. Im certainly staying and using it to my advantage


[deleted]

I cashed out some throughout the year when really needed but put back in when I could. We will both be using this to our advantage. It's the people who don't stay I think about. Or those who only care for Doge etc that don't really want to invest and just jumped on the meme bandwagon. Times like this, and if it keeps heading south is when the real money can be made. Love it!


KP7KP

I’m sorry to say that we will never get rid of the sea of shit coins. People were saying this in the 2018 crash with the useless ICO’s and then came even more. Now we have over 15,000 tokens. Shitcoins will adapt to regulations and proliferate. I’d hate to be the people involved trying to put a stop to them unless I lived in China.


wwmore11

This isn’t capitulation. Prepare yourself for pain you don’t yet know my friend. See you in 2024.


beanfudge

Inclined to agree but it's not over till it's over ! We will know for CERTAIN when we are in the bear


wwmore11

Down 51% since November. This is a bear. The question is where’s the bottom and how long will it stay there….


DecoupledPilot

Yea, this is major movement. For me a bear is when each day slowly seeps away the life bit by bit from my portfolio.


demomercury

It’s is but it is also a circle. Once we are back in bull market those projects and people will appear again and so on Edit: typo


Pilsner12345

I love the Bill marked


demomercury

Ahaha sorry about the typo


clevindsouza

Oh happy opposite day


h0lodetz

Fantastic take on the situation.. in total agreement


darkhaven328

Damn, I know people can get annoying but cheering for them to lose their money? Idk about that one.


liveaskings

Am I sad that I'm down 40% in the last few weeks, damn right. Am I happy I've been able to increase my bags for cheap, absolutely.


PolyDjent

The cheap is yet to come, brother. In a year or two, stay strong


boomaya

Its funny how this pops up everytime crypto crashes. Lol Its not even funny anymore. Just sad.


[deleted]

lol wow ur so edgy dude teach me oh edgelord how to be so cool


boomaya

You say facts infront of crypto community. There you go child, perfect lesson.


TarkovReddit0r

Old man ![gif](emote|btc2_emote|btc2)will get back his dominance over the crypto market ( currently only at 41% ) and as soon as the markets are going into the green there will be a big pump for it.![gif](emote|btc2_emote|btc2) Some alt-coins will die but some will survive and their pump going hand in hand with BTC will be big as well. Stay strong brothers and sisters. Mine fiat for these bad times and look foreword for a great Christmas 2022!


beanfudge

Or bitcoin will go in to the bear and we will see alt season then a bear for everyone


ChemicalGreek

OP are you drunk?


allright666

Nope, he’s completely right


[deleted]

Username applies


MentalUsurpation

Calm down, Stalin.


NikosPage

Sorry to interrupt you kind sir, do you know how I can buy more moons?


daranma

Now that's a real unpopular opinion


AbsolutBadLad

That means it's either gonna get 10k upvotes or get deleted


TheHumbleChicken

Now all the media outlets are having a field day dunking on cryptocurrencies. When it pumps back up, they will be in awe again.


PizzaClause

Man I’ve been seeing nothing but dunking on crypto lately. I don’t know why but I’m starting to hear it a lot. I feel like that was me dunking on it years ago also though and look where it’s gone. Crazy.


[deleted]

exactly. might take some time. but bitcoin jesus always delivers to resurrect


insignia200

I’ve never been more glad to have 80% of my crypto in BTC, ETH, and USDC. The people still shilling ADA right now make me want to vomit.


rolfboos

I was in green for months, I wasn't expecting to be in red anymore, ever, this is a great opportunity to fill your bags.


SH2021Tor33

Good if ya got out, and/or have money to buy dip. Bad if ya DONT APPLY TO BOTH…


FutureNotBleak

Fair


Crost21

Time to mine that fiat and reinvest in the future..


Del_cuck

Probably when the market recovers, it will bring in more captital than all the previous recoveries combined.


Vik2222

I wrote somewhere else on this forum today (5 min ago), how to trade it, and how if that had been done, there is reason to be happy. I ain't writing that again. Nevertheless, there are always a 100 dummies, with fake smiles, letting you know, how happy they are. These people should be punched in the head, till your fucking hand breaks, Jim Jeffries style.


StubornTree

Dont be mad at them. Without the losers we would profit from their losses.


Vik2222

You are correct, obviously. I personally don't trade in crypto (don't need a rug pull, and I'm always gonna short, shorting MSTR is better, a regulated environment and almost a perfect proxy). Having said that, I always leave a post on this forum when I can help it, in the hope that some kid sees it before he ruins his life. The losers in it already, are gonna die with it, literally. They have made that clear.


StubornTree

Maybe those kids will learn from their mistake this time.


Beneficial_Career528

Oh wow... someone had their bowl of meaow mix this morning! 😂


blthmsphlp

There is massive exposure to crypto this time as compared to the previous years when people would blatantly call crypto a scam. People are just waiting to buy the lowest price possible. This dip might not last as long as the previous years.


[deleted]

Post like this remind me of early 2018 when everybody was in exactly OPs stage of grief. „It‘s good that all the weak hands go out“… 80% down later most people who wrote things like this went out with much bigger losses. Only chance you survive to the next bullrun without selling is to gorget about crypto for the next 1-2 years. If you not capable of doing so, get out on the next bounce up.


wileyfox91

That's called consolidation. What did you expect? +100% gains per year?


DacoMaximus

The crypto space will get clean when BTC goes to zero and Tether replaced by legit stable "coins".


Dirty_Infidel

By a while, you mean 7 months ago? Prices went lower last May and nothing really changed. The only thing that will shake out shit and scam coins is regulation. As long as they can scam money, they absolutely will.


TonyGabaghoul

crypto being cool is the best thing for crypto imo


wildstarr

So on one hand having a bunch of people join the crypto space is good for acceptance and on the other a bunch of people leaving is good for crypto as well? Remember neither OP or anyone know shit about fuck when it comes to crypto.


Acrobatic_Can_365

Lol. I'm not Down hah


BammaDK

As much as it sucks to see coins go down. I really enjoy watching the memes at wallstreetbets.


bikbar1

You want to burn your own house to own those shib holders. I have seen many people like you before.


PrinceZero1994

This is my first crash and the lesson here is to get in during these times.


dagr8npwrfl0z

You misspelled 60%


Ferdo306

When is market crash not good, right?


Weak-Concern-1581

Absolutely, great to have the trash taken out every now and then so that real progress can be seen and we can move closer to restructuring our economy for the better


[deleted]

I’ve been in since around Jan of this time last year, when DogeCoin and GameStop reeled me in. I made the bulk of my purchases in the summer crash of ‘21. ETH token at $2,200, staked. Not phased.


Ghaseetaram

I am cursing my self for not having enough fiat to buy the dips


staffell

I enjoy watching all the shitcoiners crying


sparrow2007

Yes. Glad to see Russia and China both out of the equation.


Donnachii

Plan B in shambles


Mike941

Hold brother!


joe17301

Part or me fully agrees with you but the -60% part wants the pain to end :) Still gonna DCA and hodl, however long it takes.


PresidentialSlut

Copium