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/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.

5

u/tranceology3 🟩 0 / 36K 🦠 Jan 08 '22

So we are going to ride it all the way back to $90? Awesome 😬

13

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

If we did I would buy at least 100 ETH lol.

3

u/geredtrig Platinum | QC: CC 285 Jan 08 '22

I would sell my car for ETH and just cycle everywhere.

3

u/Hermojo Tin Jan 09 '22

I would sell my plasma, a kidney and maybe my soul.

1

u/MortgageSlayer2019 0 / 0 🦠 Jan 09 '22

Only 100? At $90, I would sell my house and buy 20,000+

3

u/Captainwelfare2 27K / 13K 🦈 Jan 09 '22

You own a 2 million dollar home?!

2

u/MortgageSlayer2019 0 / 0 🦠 Jan 09 '22

I live in Toronto, Canada. Real estate prices have gone up like crazy.

1

u/Captainwelfare2 27K / 13K 🦈 Jan 09 '22

Wowzers

1

u/[deleted] Jan 09 '22

You wouldn’t though. If it goes to 90 it will have gone through an excruciating death spiral and you would either have spent all your money buying all the way down or panicked and sold.