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Started By
Message
1
Posted on 2/1/18 at 6:44 pm to DreauxB2015
This crash is necessary and healthy. There are a lot of useless shitcoins that push no product and solve no problem.
Bitcoin would be one of them if it wasn't the first.
Look for money to move around and out of the market before it starts to consolidate in coins that serve a purpose. Research those companies and go in on them. There is still time for significant gains.
Bitcoin would be one of them if it wasn't the first.
Look for money to move around and out of the market before it starts to consolidate in coins that serve a purpose. Research those companies and go in on them. There is still time for significant gains.
Posted on 2/1/18 at 6:48 pm to DreauxB2015
Gotcha. I figured you were sorta sharing my experience. I didn't have a lot of house money built up, so today was a bit of a bloodletting. I managed to pull a trade yesterday into the positive and bought more VEN on that only to realize I didn't get as good a deal as I thought. I was pretty stoked for about an hour this morning. 
Posted on 2/1/18 at 6:52 pm to stout
That's close to my crypto losses for the last two days. 
Posted on 2/1/18 at 6:55 pm to GRTiger
Posted on 2/1/18 at 7:09 pm to stout
Down 5digits since Sunday evening, and getting cuckolded by BitGrail. I’m not panicking but I’m not “enjoying it” or whatever one poster was saying.
And, yes, I’ve been in crypto a long time and, yes, I’m still well up on basis.. but if you can’t complain about the dips, are you allowed to celebrate the bull runs? Kinda hypocritical imo
And, yes, I’ve been in crypto a long time and, yes, I’m still well up on basis.. but if you can’t complain about the dips, are you allowed to celebrate the bull runs? Kinda hypocritical imo
Posted on 2/1/18 at 7:09 pm to GRTiger
It’s not a loss until you sell!
Posted on 2/1/18 at 7:10 pm to Bullfrog
Well I’m down by 10 in the bottom of the ninth with 2 outs and a 0 and 2 count.
Posted on 2/1/18 at 7:12 pm to Bullfrog
Or until its hits zero?
Posted on 2/1/18 at 7:14 pm to LZ83
I got in waaaay late to the game so I have no choice but to ride it out. I viewed this as gambling anyway so I could afford to lose what I put in if that happens. I'm still thinking about putting in more. I'll either make a good chunk of change or lose a little bit. 
ETA: I'm down about 20% total at this point.
ETA: I'm down about 20% total at this point.
This post was edited on 2/1/18 at 7:18 pm
Posted on 2/1/18 at 7:18 pm to LSUSUPERSTAR
I’m the same way. I’m not stressing. Just gonna hold and prob quit looking at it so much.
Posted on 2/1/18 at 7:32 pm to DreauxB2015
You people (in general) panic too easy and do not have the stomach for this market.
I suggest a passbook savings account at CapitolOne so you don’t lose any more sleep.
Should you/we have gotten out earlier?
Maybe.
But to what?
Meanwhile I’ll be buying as there is blood in the streets.
ETA/ When things are great, look at your Blockfolio two dozen times. When it’s not so great, once to two times a day is plenty. Don’t beat yourself up.
I suggest a passbook savings account at CapitolOne so you don’t lose any more sleep.
Should you/we have gotten out earlier?
Maybe.
But to what?
Meanwhile I’ll be buying as there is blood in the streets.
ETA/ When things are great, look at your Blockfolio two dozen times. When it’s not so great, once to two times a day is plenty. Don’t beat yourself up.
This post was edited on 2/1/18 at 7:38 pm
Posted on 2/1/18 at 8:06 pm to DreauxB2015
quote:You should retire from investing if that's your mindset. If you know what you're invested in you should see this as a buying opportunity, and should welcome it.
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 8:22 pm to bayoubengals88
We're all going to die! I'm going to have to sell this used corolla I bought!!!
Posted on 2/1/18 at 8:24 pm to jimbeam
Posted on 2/1/18 at 8:29 pm to GRTiger
Posted on 2/1/18 at 8:36 pm to castorinho
I feel like the people who are upset and downvoting rational thoughts...well, those are the guys who told their wife about crypto on New Years Eve, and now she’s 
Posted on 2/1/18 at 8:37 pm to GRTiger
Posted on 2/1/18 at 8:42 pm to GRTiger
Posted on 2/1/18 at 9:04 pm to DreauxB2015
I'm down over 100k in January but made well over that the past year.... This is Crypto.
There is no other risk/reward like the present. Sleep well and think long term in years not weeks.
There is no other risk/reward like the present. Sleep well and think long term in years not weeks.
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