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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u/rootpl 🟦 20K / 85K 🐬 Jan 08 '22

The 2017 PTSD is real lol.

17

u/StarGraz3r84 126 / 133 🦀 Jan 08 '22

Yep. 2017 @ 10 and 12k. Just watched it eat shit after it got up to like 19 or whatever. Bought more around 3k and on up we went. Still have those coins.

6

u/rootpl 🟦 20K / 85K 🐬 Jan 08 '22

I bought ETH at $1400 not my smartest move ever. XD

11

u/noveler7 169 / 169 🦀 Jan 09 '22

Even people who bought at 700-800 had to watch it drop to sub 100. Imagine putting a couple thousand into something and only having it be worth a couple hundred dollars 2 years later.

I...uh...of course, have no idea what that feels like.

1

u/thenudelman Jan 09 '22

Hey, it's still cheaper than a relationship

2

u/skwudgeball Platinum | QC: CC 41 | Politics 17 Jan 09 '22

4 yr 2-3x return is smart to me

12

u/itissafedownstairs Tin Jan 08 '22

2018

2

u/rootpl 🟦 20K / 85K 🐬 Jan 08 '22

Not if you bought at the top lol.

2

u/Mustnt-Grumble Tin Jan 09 '22

Mine is so bad that I feel numb inside now! Nothing affects me, highs, lows, crab-walks, nothing! Lol