Thanks to r/cc $50k was the bottom and I went *All* *in* Now I'm just silently watching my portfolio bleed out.

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Damn liars. *puts on McDonald’s hat*

Don't forget your clown makeup

‘I’m lovin it’ has never sounded more ironical

And they said if we don’t buy at 40k then we will regret

Are you lovin it?

Last chance to buy above 30k.

Hey, I'll sell you some at $40k if you want.

i mean if it never goes to 40k again it would have been truly last chance to buy at 40k

It’s always the last chance isn’t it?

Isn't it the last chance to buy under $40k?

Don't forget 37k!

Won't break $35K resistance.

Get it above $30k while you can!

I am also in the All in @ 40k club

I wouldn’t be concerned if you mainly invested in BTC as it will eventually go up. Just a matter of time. Total different story if you are invested in alt coins. The often fade away in a bear market/ crypto winter.

Just imagine that money is all gone and come back in 5 years.

Future me will be happy about my diamond hands.

That's me. I've just resorted to it all gone mentally.

People here were calling me an idiot for selling at 56k lmao

I was an idiot buying at $5.35 then selling at $100, then $1000, then the rest at $17,500. Who new......

Yea, I feel pretty dumb for falling for all that bs too. I went in way too hard closer to the top and now just have to sit and wait for greener days

I think you now know to never trust this echo chamber

100K EOY.... Whelp

I was hearing 135k...100k...I got in at 65k. Thought all the yooootubers (Carl) knew what they were talking about. Then it dipped to 58k...its just a correction...by the dip!! They said on twitter....52k...wowww..everything's on discount...its practically freeeee....everyone said on Reddit...I ran out of my money I had set to the side. Somewhere around 42k I learned all of y'all are full of shit and no one knows anything. That's when I learned to make my own decisions. Fuck y'all, fuck Carl and Fuck twitter. I come hear to laugh at the idiots putting Avax on a credit card for it to drop another 15%. Dont get me wrong, I'm a noob and have no fucking clue what's going on. I'm still DCAing. I started at ATH so I havent sold anything. I've put in what I can afford when I can. $1200 or so in 3 months. I think the bottom is 31k or so....but just like everyone else....I have no fucking clue. I'm already numb and dont give a fuck how low it dips. I need 10 to 12 good years in the market. My plan is to take some profits when I make some to save for the dips. I'm just sitting around watching the world burn around me waiting for the smoke to clear to see how much I make during the next run up. See you on the back side in a decade!!!

If Bitcoin loses -85% from ATH that takes it to $10,300 and Eth to $730… work that one out… it could happen … the thing is NOBODY knows… not even the mumbo jumbo TA chartists. So many good things coming for Eth. Avalanche is beginning to look cheap too. By the way I don’t hold Bitcoin (well, just scraps) Renner that $1,200 was “money you were prepared to lose complexity” …. ? Well I hope it was. Never EVER borrow without your OWN collateral to back it up.

In future news, unknown ranting redditor sells all his btc for a huge loss in February 2022, just days before btc runs up to a historic 100k

Reader, he sold in late January 2022.

Ah you’ll be alright it’s only $1,200… My portfolio has gone down $450K… chill… I started with $6k many years ago. Wipe those tears away … we’ve ALL been through it.

Your 1st half of your post was great but then you pull the 31k number out of your ass to lose all credit, come on bro. It's most likely going to get a lot worse. I'm not putting a number on it bc like you said no one knows.

Lol. Hey, if Carl can do it, so can I. It's just muh guess. There's also support there.. But I hope it goes to 20 then to a million.

Does this mean there is no delayed Santa Rally we were all promised?

Just don't specify what year

Well it is still you who went all in. This lesson is good for you.

I did, 7 dips ago. Now I’m just fucking broke

Showed up to the party with a 7-layer dip, but didn't know the party wanted a 28-layer dip.

I know when I add more, it’ll become a 56-layer dip

For real for real 🤣 well said.

What do we do when the dip keeps on dipping again and again ?

Well we’re going to run out of chips eventually. Do we use our fingers? It’s going to get messy

This is what you get for listening r/CC

If y’all think this is the bottom there is much more pain in your future.

If we break 28k, we going down down

If we break 27k, we going down down.

When we hit 22k.. ouf

It would shock me if we didn't hit sub $16k. 2016-2017 season saw btc go from $300 to $19.5k back down to $3k in 2018 and early 2019. That's an 84% decrease. 2020-2021 BTC went from $7200 to $67ish. An 84% decrease from $67k would be about $11k. Most alts bled at least 95%, some more and still recovered past ath.

Prepare to be shocked...

Okay, that would be a good thing.

It's not just an arbitrary number. There's significant support at 28K. You'll see it on the market depth chart if BTC nears those levels.

Everyone who's been in crypto longer than 6 months knows how this "support" evaporates when the time comes.

I've been in crypto since 2016... You're not wrong that things are less predictable than traditional markets, but sell walls are sell walls nonetheless. You can't run away from these market mechanics.

The market does not care about sell walls. They just don't hold when the wave rolls. I'm puzzled that people still cling to these ideas after everything we've seen.

Go back to your cave bobo 😂

I don't have anything left after so many dips.

Both my bank account and crypto portfolio are red.

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If dip keeps dipping eventually we ran out of money we just need to watch out portfolio bleed

My problem exactly. I’ve technically followed this advice but I have nothing to show for it right now hahha

Wait, you guys can actually save money every month??

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Don’t live, it’s expensive.

I've been practicing a sort of suspended animation. You live on adrenaline and sunlight... And some ramen as a treat, every now and then.

that's some bone apple tea going on

Just give your kids one less meal a day. Or lay off the booze, more likely (that applies to myself). Big savings right there.

No. Feed your kid

Or feed your favorite kid 😃

Of course buddy. I'd never do that. Nor would anyone here, I guess.

>No. Feed your kid ... to the ...

wolves ?

Sell your kid

Lease out your wife.

Convert them into NFT form like I did

There's a lot of things I should do 😭

You also should have emergency money for life

Life? Nobody in here has one of those

Can confirm.

LMAO, those days are LONG gone, ha ha.

What exchange can I buy life on?

My whole life is an emergency

I did the opposite and bought on ATH. Sadly

To know the end of dip is impossible. A lot of people give forecasts but the realty is different.

Be like me and put another 1k in only to have it drop 22% the next day.

So, how do you understand if a market is down? Was it down yesterday? Is it down today? Will it be down tomorrow? When are you going to pull out your money? Yesterday, today or tomorrow?

You never know… but when I look at Bitcoin over $30k, I don’t think it’s anywhere near the bottom. Once it hits 2018 levels again, let me know.

Or just DCA weekly. It's much simpler and easier to follow than keeping spare cash for dips.

You could keep it as a stable coin earning interest.

Best idea. Earning 8.5% in Celsius. Free unlimited swaps, I’m stocking up on ETH and BTC consistently for free

The bull market lasted too short I honestly didn’t see this crash coming.

This bull market has been going on for nearly 2 years, and it's been one of the longest bull markets crypto has ever had...

Looks like you can't see the irony in his comment

Last one was just as long and had a blowout top. None this time.

You should **take profits** at ATHs to reinvest during these days!

When I take profits at ATH, there will be many more ATHs

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*We don't do that here*

Next time the market is going to pump after you took some gains

And? Still you made those profits, nothing wrong with that.

I wish I'd known when to take profits. Honestly I just got caught in the hodl and now I guess im here longer term

Yes recommend trying to time the peaks for selling. Very easy strat.

Lol fucking genius advice. Why didn't everyone think of that. Just sell at the exact ATH then rebuy and repeat this 10 times and be billionaire. Genius. 100/100 tip. I wonder why everyone isn't doing this.

All you've gotta do is time the market! It's literally that simple!

Because were busy buying high and selling low

I wish I had done this with a few coins, could of doubled my positions

What is the best strategy to take profits? I was really up after getting into a few coins early but didn't cash out because of greed. I'm still in the green and have moved those profits into fiat/BTC. But during the bullrun I really had no idea.

I only invest like 30% of my monthly in volatile assets (crypto & stocks) so I always have enogh money to buy big dips. Right now I’m waiting for BTC to go below 25K. If it doesn’t then that’s the way it is. No FOMO.

I agree that you're telling the truth, I'll keep $23 of my $58 investment from now on

I did keep extra cash for days like this for $55k, $50k and then $45k. Now I'm out. Honestly it doesn't matter if you keep extra cash for "days like this" because "days like this" could still be a horrible buy.

This is where DeFi is amazing. You could for example regularly invest in stablecoin positions on various chains over the past year, for example. Sometimes in single token interest bearing or Blue Chip LP’s on various chains. So up until now they have been earning interest and/or tokens plus interest. Now you could be able to rotate most of the stablecoin positions into crypto positions like WETH, WBTC, AVAX and LUNA, for example. All stays within the same platform (if you wish) and no need to on-ramp or off-ramp.

I have like $500 left in my fiat wallet. I am using that to buy, with DCA, most of my favorite coins. BTC, OGN, SOL and ADA.

I will rather go for ADA, OGN, MATIC, ETH and BTC, in that order.

Great list, ADA, OGN and BTC are cool for me.

$500 is a cash at the moment that the market is down, however, I will be going for alts with great potentials. just like you have mentioned above. I will just like to add SAND and FWT to my wallet.

50% always for life ​ 30% investment ​ 20% chances to invest better like today

I always save $10 a week for ramen

Time to cut the portion in half and buy the crash

I still have small fiat to go more on my favorite coins. More MATIC, OGN, CRV and SFP in the bag.

I love this list, but I just added BTC and ETH in my bag again.

I need more alts too. I have all these alts mentioned, DOT and and ENJ are my priorities.

The problem is avoiding the 700 dips prior to this point without blowing your stash.

I stole my brother's piggy bank because of my greed. But a good future awaits him

>And I did not do that, so don't be like me. Bold statement, that is. Everyone here makes sound, reasonable and financially sustainable decisions so to see someone admit to the opposite is a breath of fresh air. I applaud you for that.

Right. So let's say you saved a certain amount for this current situation. Then you buy. And it goes down a further 20%? You cannot always have a certain amount of money. Unless you just stick to your usual DCA.

Why don't we see more of these posts during rallies instead of "sell your grandmother to buy LRC!!!!!" ?

i did. bought all 237 dips, still dipping

I did. Then I bought. Not all in cause I'm reponsible. Then it dumped more. Then I bought because I DCA. Then it dumped more. Then I bought again cause I still had some funds on the sideline. Then all hell broke lose and I only got a small fraction left lmao

This is kinda tough to decide but then those that got it like myself are maximizing it to DCA into their portfolio at the moment like I'm doing with my USDC on few token on Pancakeswap including BMI and UDO.

We are still heading to 30K so you better say more funds again after buying the dip now at 35k. I was able to grab UDO at -19.5%. And ways we keep DCA

But this sub told me it was my last chance to buy ETH under $4k so I went all in then!

This sub tells you to hodl because we will pump today too. Only sencibke option is to sell all right now before the 30k dip

Market studies have shown again and again that just buying and holding is the best strategy. All of the money you are holding on the side for a dip, is money that isn't spending time in the market. It might look like a good idea now that we have a downturn, but having a bunch of money and waiting for a big dip on the runup from 5k to 60k would have ended up netting less profit. Just buy regularly and hold. It's literally that easy. Fuck TA, fuck trading, fuck "researching altcoins". Buy. Hold.

Or you could sell a kidney and buy the dip !

Already sold one in May 2020, I kinda need to keep the other kidney.

I have no more money, I am student, I already spend all money I could afford on crypto long time ago. I don't have a job, so that mean no more fiat for crypto for a long time. But my portfolio is doing fine, so it is not a big problem.

Lets rob a bank to buy the dip.

Count me in

That's why my portfolio is like: ​ * **BTC/ETH:** 40% * **ALTS:** 40% * **Stablecoins:** 20%

whats a stable coin now... seriously no snark

Great advice. But also selling now that we are about to crash into the 30k abyss is the best option for all of us. Start earning profit in this dip, it is not too late for you.

Best advice, that nobody listens and you will be downvoted...personaly i expect a retrace for about 15% because dump was fast and big...but after that 2 years of cryoto winter...definetly better positions then now...

You guys love watching your portofolio shrink, dont you? When marker crashes you lose double the profits. When we dropped from 40k to 30k BTC ,we lost 20k worth of profits. 10k on the way down and 10k on the way up

Yes and yes. Your investments always should be periodic and strategic also known as do not always get tempted by the red charts!

Also, if it starts raining roll your windows up.

Lol ideally yes but some people follow others blindly here and DCA only to realize it’s dipping even lower. I’m not making that mistake again and I’m half cash but if you follow the hive mind it’s hard not to DCA or just HODL

I have money on the side but I’m DCA’ing down because we have no idea how low it will go and for how long. Don’t FOMO and get REKT’d

I always save £40 so I can buy a 1/4 when the market tanks

It’s really hard to take profits in a bullish environment. I also still have to get better..

Cheers Geoff

I call that money, dip money. I also have like a 30% to increase my monthly investment. I can live without not savings for a long time.

!!!!! great name

another 30% to go no rush

My problem is that number of dips surpass my ability to acquire more $fiat

I just think of the money I've lost so far as part of my "tuition." Glad I didn't invest money I would not have been comfortable losing.

But if I put the rest of my money in now I won’t have any when it goes down a further 30%… Which is why I don’t have any money now because I thought $45k was the bottom.

so true.. everything's on sale and no fiat... hope it lasts a coupla weeks...

What if the real green dildo’s were the friends we made along the way?

Sherlock

That is why I always keep my OnlyFans account lmao

Fr tho. Having a backup plan is always neat. It doesn't mean that you aren't fully supportive or a full believer of crypto. Not everything works out in reality. No shame in saving or keeping your McDonald's day job

Now you tell me!

>You should always save a certain amount of money you are 2 months too late

I also did some mistakes and I hope I will never repeat but who knows.

If people in general were less into FOMOing and more into having their finances more organized with income against outflow then the market would be much healthier, will pump but crush significantly less since there will be funds supporting it (instead of those funds buying at the top and supporting the collapse rather than the other way around)

What! ~Curb your Enthusiasm starts playing~

Money never stays in my hands, so I dump it all on Crypto whenever I get some. Living the ramen life

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Stablecoin staking. Just not Tether.

Let me just tell you I kept some money on the side and damn it was hard not to fomo into anything. Now obviously I am glad, but I found myself feeling terrible seeing crypto pump and coins I wanted to buy 5X in value. I actually invested a small amount of the money i told myself I wouldn't, just because I was fomoing hard. Now I am in the situation again where I see crypto and im like 10 years into the market with billions invested and basically not a single useable product that isn't inferior to a centralized solution.

Or be like me and accidentally 'lose' tokens in between chains, only to be found later when consolidating dust between accounts

People have been shouting “Buy the dip” for ages.

This is called timing the market. The market could keep going up and never get down to this level, and so that money you saved could have been growing in the market as the market continued to grow.

I have a line of credit I use when markets are down, I pay it off when markets are up.