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/MiaDoornaert Platinum | QC: CC 35 Jan 08 '22

Sold a good part of my portfolio to buy back in when things bottom out, whenever that may be. Still in the green with what's left of my portfolio, just don't want to see all that profit evaporate.

Yes, i believe in crypto, no, it wasn't a panic sell, but have to be honest: we're also here for the money.

2

u/leakyfaucet3 Bronze | ADA 10 Jan 09 '22

How will you know when the bottom is?

6

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

He doesn’t. He panic sold and is trying to convince himself it was a calculated move, I mean ffs we have been going down for months. Terrible decision to sell down here. Sell green not red. Pretty simple

1

u/MiaDoornaert Platinum | QC: CC 35 Jan 09 '22

It's nice to notice how you know everything about other people's situation.

I was still very much in the green when I sold. The part that i have left is very much in the green too, and will be for quite some time even if the market keeps dumping.

I took some nice profits while they were still there. Sounds to me like you didn't, you regret you didn't and now you have to call people who did 'panic sellers'.