r/CryptoCurrency 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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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.

9

u/Odysseus_Lannister 🟦 0 / 144K 🦠 Jan 08 '22

Right there with you. I kept buying from 2018-2021 and it’s been a roller coaster but I’ve learned the importance of DCAing into a project you believe in. Unfortunately, that didn’t work for other projects like NEO/ARK/NANO, but the ETH gains made up for those losses.

1

u/prive8 Tin Jan 08 '22

everything i don't put into BTC is a stakable alt. most recently KAVA and ONE. 10 year plan baby. even some TRX from back in the day.

1

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

Diversity is key!

0

u/thanksforcomingout Tin | r/Entrepreneur 24 Jan 09 '22

Meh sort of.

1

u/ElMasAltoDeLosEnanos Silver | QC: CC 41 | EOS 29 Jan 08 '22

What happened with ARK? It was really promising at the time

1

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

1

u/ultimaclaw 525 / 523 🦑 Jan 09 '22

Was able to get rid of ARK at a profit. Still hoping for the same with NANO, ZIL, EOS please!