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re: Official CryptoTalk Thread

Posted on 2/1/18 at 4:55 pm to
Posted by castorinho
13623 posts
Member since Nov 2010
87085 posts
Posted on 2/1/18 at 4:55 pm to
quote:

Do you guys not believe in what you bought?
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.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60723 posts
Posted on 2/1/18 at 5:35 pm to
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.
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 5:46 pm to
Market been shitting bricks since Jan 1st but no worries , BE HAPPY .
This post was edited on 2/1/18 at 5:48 pm
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/1/18 at 5:54 pm to
Anyone panicking has too much money invested. It’s as simple as that.
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 2/1/18 at 5:57 pm to
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 by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 6:00 pm to
Anytime I lose money consistently over the course of 30 days I have a right to panic. Regardless of what I have invested .
Posted by 21JumpStreet
Member since Jul 2012
14878 posts
Posted on 2/1/18 at 6:02 pm to
Sold all my assets to cash. Gonna get back in when all this shite is done with.

Im hearing btc can getvto 5500.
This post was edited on 2/1/18 at 6:04 pm
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/1/18 at 6:03 pm to
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 by stout
Porte du Lafitte
Member since Sep 2006
180608 posts
Posted on 2/1/18 at 6:03 pm to
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 by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 6:06 pm to
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 by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 6:07 pm to
I can stomach it , I just dont have to be happy about it and act like all is fine .
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/1/18 at 6:08 pm to
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 by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 6:09 pm to
Good response !
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 2/1/18 at 6:11 pm to
FTR, I can’t afford to buy more
Posted by stout
Porte du Lafitte
Member since Sep 2006
180608 posts
Posted on 2/1/18 at 6:14 pm to
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 by dkreller
Laffy
Member since Jan 2009
33684 posts
Posted on 2/1/18 at 6:21 pm to
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 by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/1/18 at 6:25 pm to
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.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180608 posts
Posted on 2/1/18 at 6:26 pm to
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 by GRTiger
On a roof eating alligator pie
Member since Dec 2008
69733 posts
Posted on 2/1/18 at 6:37 pm to
Yall panickers better prepare to not look at your accounts in the morning with how this evening is shaping up.
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 2/1/18 at 6:41 pm to
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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