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Forum » Just sold all my crypto!
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Thread: Just sold all my crypto!

post 1663379133 06-24-2022, 11:15 AM
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Just sold all my crypto!

-9k

Das not it mane.
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post 1663379333 06-24-2022, 11:18 AM
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Why even sell if it's negative?

Why not just leave it alone? At least you have a chance for it to go up and not be in a worse position.
post 1663379443 06-24-2022, 11:21 AM
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Very stupid.
S/B/D—185/165/205 (sumo w/ straps)
post 1663380633 06-24-2022, 11:44 AM
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buy high sell low. this is the way
post 1663380783 06-24-2022, 11:46 AM
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#5
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Mirin. Great strategy.
post 1663386993 06-24-2022, 01:24 PM
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Originally Posted By OldDirtyBulk⏩
Assuming you know the market works in cycles and you're already in the red, so why not just wait it out until things get better, instead of selling at a loss?

What a stupid phucking ****** LMAO
Crypto is dead.

Also reported for calling me a ******
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post 1663387163 06-24-2022, 01:28 PM
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Strong proof.
post 1663387193 06-24-2022, 01:28 PM
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  1. tunafishha
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Originally Posted By OldDirtyBulk⏩
Good. The crypto market needs clueless retards like you.
Retards like me is the only thing keeping Crypto afloat.
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post 1663387263 06-24-2022, 01:29 PM
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buy enough rope for next bullrun
post 1663387313 06-24-2022, 01:30 PM
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#10
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Originally Posted By Lucas5814⏩
Why even sell if it's negative?

Why not just leave it alone? At least you have a chance for it to go up and not be in a worse position.
The question you should be asking is if you would buy it today, if you didn't already own it. If the answer is no, then you should sell it.

Holding onto a depreciating asset just because you don't want to experience a loss is some low IQ thinking.

Preserving capital > your feelings.
post 1663387373 06-24-2022, 01:31 PM
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#11
  1. UniversityMisc
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wut lmao
post 1663387413 06-24-2022, 01:32 PM
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#12
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Lmao
post 1663387773 06-24-2022, 01:39 PM
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Originally Posted By MotorCityCobra⏩
buy high sell low. this is the way
Misc investing 101
post 1663388283 06-24-2022, 01:46 PM
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#14
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Sometimes it's smart to cut your lost srs. I sold a position last year for a 40k lost. Had 5k left and put it on something else and that 5k turned into 6 figures ded srs. Got greedy and didn't sell at the peak. Ended up making 57k last year. I'm glad I sold for a lost. Cuz if I didn't sell and bag hold my position today would of only be worth 200 right now. The market is corrupt and manipulated. Sometimes u just gotta learn to cut your loses and move on mane.
post 1663388373 06-24-2022, 01:48 PM
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Buy high sell low

Misc crypto crew checking in
post 1663388543 06-24-2022, 01:51 PM
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#16
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OP definitely knows what he's doing
post 1663388633 06-24-2022, 01:53 PM
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#17
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what was your buy in and sell (which coin)?

did you need the $ or something?
post 1663388823 06-24-2022, 01:55 PM
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This isn't even close to the end of crypto

Jus gon assume this is a troll thread
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1663388863 06-24-2022, 01:55 PM
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#19
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Originally Posted By nikonD70s⏩
Sometimes it's smart to cut your lost srs. I sold a position last year for a 40k lost. Had 5k left and put it on something else and that 5k turned into 6 figures ded srs. Got greedy and didn't sell at the peak. Ended up making 57k last year. I'm glad I sold for a lost. Cuz if I didn't sell and bag hold my position today would of only be worth 200 right now. The market is corrupt and manipulated. Sometimes u just gotta learn to cut your loses and move on mane.
Good point. A lot of people don't consider opportunity cost when holding onto a loser.
post 1663389013 06-24-2022, 01:57 PM
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Originally Posted By dopamine72⏩
This isn't even close to the end of crypto

Jus gon assume this is a troll thread
No proof posted. It’s an obvious troll thread
post 1663389323 06-24-2022, 02:01 PM
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#21
  1. whitepaper
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Crypto is dead or just about to die.


Coinbase letting go of so many of their staff.


Corporate holders quietly unloading their bags.


The idiots will be the ones yelling "it'll go up like it always has! Just have faith!"


Lol.


Ponzi is over
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post 1663389553 06-24-2022, 02:06 PM
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#22
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Originally Posted By whitepaper⏩
Crypto is dead or just about to die.


Coinbase letting go of so many of their staff.


Corporate holders quietly unloading their bags.


The idiots will be the ones yelling "it'll go up like it always has! Just have faith!"


Lol.


Ponzi is over
There's a long list of dead crypto exchanges and dead coins and the market still moved on and thrived without them.

That doesn't mean chit, cuck.
post 1663390843 06-24-2022, 02:27 PM
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#23
  1. tunafishha
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Originally Posted By UniversityMisc⏩
what was your buy in and sell (which coin)?

did you need the $ or something?
12k

ETR
ADA

Yes. But I also don't see crypto going back up.
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post 1663391533 06-24-2022, 02:38 PM
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#24
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Originally Posted By tunafishha⏩
12k

ETR
ADA

Yes. But I also don't see crypto going back up.
Crypto has been up and down for over a decade. People always say they wish they got into crypto years ago, so they don't get in and then another 5 years goes by and they say the same thing lol. The stock market is down too.
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post 1663392683 06-24-2022, 02:56 PM
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Originally Posted By sloppyjoe1⏩
Crypto has been up and down for over a decade. People always say they wish they got into crypto years ago, so they don't get in and then another 5 years goes by and they say the same thing lol. The stock market is down too.
We're kind of in uncharted territory with Crypto though considering it hasn't even been around long enough to see an actual recession. When money gets tight, and you have bills to pay, people are going to pull out of speculative investments like crypto first. If this recession lasts years, will crypto even be able to survive it?

At the very least, I think the majority of the coins we see today are going to get wiped out, but that could lead to some juicy opportunities if you back one of the winning horses. I still don't think Crypto has come close to hitting rock bottom yet.
post 1663393223 06-24-2022, 03:05 PM
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Originally Posted By DrunkNinjaMastr⏩
We're kind of in uncharted territory with Crypto though considering it hasn't even been around long enough to see an actual recession. When money gets tight, and you have bills to pay, people are going to pull out of speculative investments like crypto first. If this recession lasts years, will crypto even be able to survive it?

At the very least, I think the majority of the coins we see today are going to get wiped out, but that could lead to some juicy opportunities if you back one of the winning horses. I still don't think Crypto has come close to hitting rock bottom yet.
That's because most people are retarded and spend every dime they have on **** they don't need during the good times and then freak out and sell during the bad times. Bad times = opportunities for those with cash to accumulate investments and assets on the low.
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post 1663393753 06-24-2022, 03:14 PM
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Originally Posted By sloppyjoe1⏩
That's because most people are retarded and spend every dime they have on **** they don't need during the good times and then freak out and sell during the bad times. Bad times = opportunities for those with cash to accumulate investments and assets on the low.
While this is true, it doesn't change the fact that speculative investments get wrecked the most during recessions, and crypto is about as speculative as you can get. I will be looking for opportunities in the future...I just can't see another crypto boom happening anytime soon.
post 1663394383 06-24-2022, 03:23 PM
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Originally Posted By DrunkNinjaMastr⏩
While this is true, it doesn't change the fact that speculative investments get wrecked the most during recessions, and crypto is about as speculative as you can get. I will be looking for opportunities in the future...I just can't see another crypto boom happening anytime soon.
True. A boom might happen when the price bottoms out. When that happens nobody knows how high it will go because its so volatile.
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post 1663394933 06-24-2022, 03:30 PM
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Originally Posted By sloppyjoe1⏩
True. A boom might happen when the price bottoms out. When that happens nobody knows how high it will go because its so volatile.
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post 1663395243 06-24-2022, 03:35 PM
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#30
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not selling and i'm -$12,224 i'm waiting for it to tank again so I can put so more money into it.
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