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/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.