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Message
re: Official CryptoTalk Thread
Posted on 2/1/18 at 4:55 pm to Codythetiger
Posted on 2/1/18 at 4:55 pm to Codythetiger
quote:I am not sure what it is. Most people, including the ones panicking, realize that crypto is volatile as frick. Yet they panic when it drops like a rock.
Do you guys not believe in what you bought?
Posted on 2/1/18 at 5:35 pm to Codythetiger
It’s a volitile immature market with growing pains. At this point, hold and ride it out.
Right now, it’s a transfer of wealth from the impatient people to the patient. Enjoy it.
Right now, it’s a transfer of wealth from the impatient people to the patient. Enjoy it.
Posted on 2/1/18 at 5:46 pm to Codythetiger
Market been shitting bricks since Jan 1st but
no worries , BE HAPPY .
no worries , BE HAPPY .This post was edited on 2/1/18 at 5:48 pm
Posted on 2/1/18 at 5:54 pm to castorinho
Anyone panicking has too much money invested. It’s as simple as that.
Posted on 2/1/18 at 5:57 pm to DreauxB2015
Im just pissed I didn’t get into this shite when I first read the thread a month after it got posted. but based on everything I’ve read January’s suck every year anyway. So it sucks but just gotta ride it out and hope for the best. Worst case I lose $600. Best case I make thousands. I like my odds based on the partnerships companies like vechain have formed.
Posted on 2/1/18 at 6:00 pm to RATeamWannabe
Anytime I lose money consistently over the course of 30 days I have a right to panic. Regardless of what I have invested .
Posted on 2/1/18 at 6:02 pm to DreauxB2015
Sold all my assets to cash. Gonna get back in when all this shite is done with.
Im hearing btc can getvto 5500.
Im hearing btc can getvto 5500.
This post was edited on 2/1/18 at 6:04 pm
Posted on 2/1/18 at 6:03 pm to DreauxB2015
If you lose money for 30 days, and still sit there and take it on the chin, then no, you really don’t. I mean whatever you have to tell yourself, but eventually you have to take ownership.
Posted on 2/1/18 at 6:03 pm to DreauxB2015
quote:
Anytime I lose money consistently over the course of 30 days I have a right to panic. Regardless of what I have invested .
Yet you invest in what is literally the most volatile market in recent history?
So you want the big reward but can't stomach the big risk?
Posted on 2/1/18 at 6:06 pm to RATeamWannabe
Unless you got in crypto yesterday your in the same boat . So what are you telling yourself ? It was play money ? Everythings fine ? I enjoy watching my stash get smaller everyday?
This post was edited on 2/1/18 at 6:09 pm
Posted on 2/1/18 at 6:07 pm to stout
I can stomach it , I just dont have to be happy about it and act like all is fine .
Posted on 2/1/18 at 6:08 pm to DreauxB2015
That it’s the same as gambling at a casino. That I didn’t take out a loan or mortgage when I bet it all on black. That I told myself this could happen before I put my money in. That this sucks but it happens, now when can I afford to buy more.
Posted on 2/1/18 at 6:11 pm to DreauxB2015
FTR, I can’t afford to buy more
Posted on 2/1/18 at 6:14 pm to DreauxB2015
quote:
So what are you telling yourself ? It was play money ? Everythings fine ? I enjoy watching my stash get smaller everyday?
I am telling myself the same things I posted in this thread. Swing trade enough to play with house money where it won't matter. I did that so I can sleep at night about what I may lose if the downward spiral continues. I admit I put a little more to buy more VEN and ICX but it's a blip compared to what I am comfortable losing.
Posted on 2/1/18 at 6:21 pm to Codythetiger
quote:
Do you guys not believe in what you bought? I'm holding. IDGAF. It was extra cash I had anyways - I've still doubled my money as of now. I got faith in what I've bought into. Let history tell us who the suckers are, if that's me, so be it.
This
Posted on 2/1/18 at 6:25 pm to stout
I think the difference between you and he is that you got in on this stuff early and he's just recently jumped. He probably paid $6 or $7 bucks per coin versus your $2 or $3, so instead of losing gains, he's actually been watching his principal get eaten all day.
Of course, I'm making assumptions here. It's just a guess since I don't really know your situations.
Of course, I'm making assumptions here. It's just a guess since I don't really know your situations.
Posted on 2/1/18 at 6:26 pm to S1C EM
I am in higher than $2 to $3 on some but I can drop like 80% or more before I am out of house money.
Posted on 2/1/18 at 6:37 pm to stout
Yall panickers better prepare to not look at your accounts in the morning with how this evening is shaping up.
Posted on 2/1/18 at 6:41 pm to S1C EM
I got in cheap on a lot of my positions except one and Im not in the negative on that one yet . I just panic when I see what I once had disappear over the course of a month and the trend is pointing toward it getting even smaller . Im still extremely bullish on VEN Though . I dont like losing money , regardless of what money Ive invested.
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