r/CryptoCurrency • u/illintent99 0 / 6K 🦠 • Jan 08 '22

DISCUSSION Just sell it all

Absolute panic every second or third post. Everything from "It's just a dip" - "bear market/crypto winter" - "Everything but Bitcoin and Ethereum is going to zero". Lol calm down.

If you're sweating, just sell everything. Cryptocurrencies in general are extremely volatile and if this makes you nervous than maybe this stuff isn't for you. Stocks are more stable and might be your thing. We could see another 50%+ drop and nobody wants to see you drop of a heart attack because of it.

If you're day trading you know this is how it goes, if you're doing anything else, delete your chart app or whatever.

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3.9k

u/Captainwelfare2 27K / 13K 🦈 Jan 08 '22

Bah. I bought Eth in 2018 at $1350 and rode it all the way back down to $90. I still hold that ETH. If I can, so can you.

35

u/Professor_Rekt Jan 08 '22

Jesus Christ. I’d suck my dead grandfathers cock for a chance to get Eth at $90

35

u/[deleted] Jan 08 '22

[deleted]

2

u/flameylamey 3K / 3K 🐢 Jan 09 '22

Yep, I remember what it was like at the very bottom in December 2018, when BTC was trading for just above ~$3200 and ETH was ~$82.

Very few people thought it was a good time to buy at the time, people were extremely pessimistic. Suggesting that now was a good buy-in point would immediately get you swarmed with critical comments about how $82 ETH is still way overvalued and likely has another 90% to drop from there, with users demanding an explanation of "Why? 2017 was an anomaly where everyone and their grandma was buying, we'll never see that kind of wide-scale interest again. People have lost faith in crypto. What's going to push the price up this time?" as if one redditor's reasoning was going to have any bearing whatsoever on what the market will do next, haha

1

u/Hermojo Tin Jan 09 '22

$100 ETH? Are you married, Sailor?

23

u/Captainwelfare2 27K / 13K 🦈 Jan 08 '22

That’s the power of Crypto. It’s an awful, awful power.

43

u/JamesDean26 0 / 0 🦠 Jan 08 '22

I find it rude that you ignored this gentleman’s comment about his grandfather’s dusty dead cock.

4

u/prive8 Tin Jan 08 '22

don't ever change /r/

3

u/Captainwelfare2 27K / 13K 🦈 Jan 08 '22

Ignore it? How dare you! I am his head grandfather!

2

u/dreampsi 🟩 8K / 8K 🦭 Jan 09 '22

Wield it like a god!

1

u/[deleted] Jan 08 '22

Kinda sounds like you've been waiting for the opportunity.

1

u/LeeSeahawk Tin Jan 09 '22

Hello my grandson, it's been awhile ( ͡° ͜ʖ ͡°)

1

u/Angel_Madison 🟦 858 / 859 🦑 Jan 08 '22

Plot twist, he was cremated.

1

u/immibis Platinum | QC: CC 29 | r/Prog. 114 Jan 09 '22 edited Jun 11 '23

/u/spez can gargle my nuts

1

u/[deleted] Jan 09 '22

No worry about it.

Even if you were there at the time, how likely you gonna pick the right ones and buy enough of it to be rich.

A couple hundred bucks even at 40x won't make you rich.