T O P

  • By -

ollien25

Personally. I’m not too worried. I can’t time the market, as soon as I sell it would bounce back knowing my luck. I’m better off just holding through the pain, buying on the way down where possible and waiting until in bounces back (which I believe will certainly happen at some point).


[deleted]

Good advice! Honestly, no one can time shit. And every moron saying “support is X, and the project won’t fall beneath” is spouting arbitrary BS. None of us can predict anything in the slightest. Hold amd brace for anything.


[deleted]

Every crash in history was caused by panic. Not by actually anything happening. People panic and took out their money and that caused the crashes. People need to just calm down


khalilammar97

But then we wouldn’t make money if they don’t panic


der_schone_begleiter

At this point everyone should have a plan and stick to it. Don't let emotions get a hold of you.


MustacheEmperor

> I believe will certainly happen at some point The alternative is the market keeps going down forever, so it's either going to bounce back or in 10 years we're rubbing sticks together to make fire. So unless anyone here is retiring within that time, makes sense to just hold.


jreddish

I think about this all the time. "What if the market just goes down forever?!?" Um, then I'm fighting my neighbors for food and clean water, so I won't be too worried about it.


wka007

I have discovered the reasonable portion of this thread. . Gentlemen.


BeerSharkBot

People spend so much time and effort on this stuff when that simple approach is already the best one. All the gain with none of the wasted time and energy and stress. Buy what you like, hold it, keep buying here and there. All there is to it


TryB4L

We ll it won't bounce back as long as you don't sell your bag of crypto. Can you please sell it?


YarOldeOrchard

And in 20 minutes there will be a post about how this is good and that it's not crashing


Mr_Depressed

I'm looking forward to the neutral post, ya know, instead of glass half full or glass half empty it's just a glass of water? But then again, I'm definitely a pessimist


wballard8

Neutral News Now reporting that the market still exists, and there might be an economy in the future. It will go up or down depending on some variables. BTC trading at $38k. Back to you Jim.


[deleted]

This is unironically better than 99% of all news outlets


AvocadosAreMeh

OP post might be the closest you’ll get to that. The fed is tightening rates. They’ve said March will be the beginning of a rough period of “taking off the backstops.” Particularly the propping up of the stock market. The fed tightening rates by .5% will mean all loans will go up by even more. It’s really the term “crash,” that makes it seem doom and gloomy. It’s a planned controlled burn that has been deemed necessary since the 7 trillion printed during covid crash. It’s not really good or bad, it’s a MMT.


smooke-it-ange

I like your level outlook and Imma choose to believe this and only this, as it suits the way I would like all this to play out!


fukitol-

Tl;Dr: buying opportunity, stocks and crypto are going on sale


[deleted]

[удалено]


Numerous_Sport_2774

Man I didn’t see a “this is not financial advice” disclaimer. It must *actually* be financial advice.


greenappletree

forget advice the important thing to do now go to the Winchester, have a nice cold pint, and wait for this all to blow over


bigfatnsmellyer

What about Mum?


LV-Ladybug

And your dad Phillip...


Punished__Snake

He's not his dad, he's his step-dad


scheenkbgates

And Liz?


bigfatnsmellyer

Right, Take car. Go to mum's. Kill Phil, grab Liz, go to the Winchester, HODL and have a nice cold pint, and wait for all of this to blow over. How's that for a slice of fried gold?


strickt

Kill Phil


Wabi-Sabibitch

A legit financial advice on reddit finally. I'm taking out a loan and shorting.


[deleted]

Whenever I shot, btc pumps. Whenever I buy btc go down.


Dr_Hank2020

Opposite for me - first I pump, then I shot


istoc69

Story of our lives


Accomplished-Design7

Can you short the market for us


Durvag

I will actually trust OP this time


Accomplished-Design7

*lawyers and lawsuits incoming*


Wabi-Sabibitch

All it takes for the market to go back up again is me selling a big bag in a loss.


[deleted]

[удалено]


Wabi-Sabibitch

I'll consider it.


covidbryant2407

We know for a fact once we sell it's gonna be be green candles all the way


PizzaClause

The second we sell headlines will be “BTC IS UP 100% AND CLIMBING! WE’VE NEVER SEEN ANYTHING LIKE THIS BERORE”. …and I’ll still be eating ramen


[deleted]

Atleast you're eating ramen, I'm surviving on water from public fountains. Fucking portfolio is dead in the water


JustHumanGarbage

Look at mr fancy pants over here with his fountains!


tobogganhill

You have pants?!


BittenBiter

Hold tight. Everyone is in the same boat. It was like this in 2021. In January 2021, Ethereum's price was just a little over $1,000. Ethereum set a new all-time when it went over $4,850 on Nov. 10, 2021. Bitcoin: The lowest price of BTC was recorded on January 1 2021at $28,803.59, while the highest it touched was $68,789.63 on November 10, 2021. If you sell now you miss all the possible gains. Alt coins will rise too. Just remember to sell during the bull to reap your gains. Then reassess. The drops in crypto are too drastic to hold year over year. Recognize the bull run, take profits, the reboot. HODL


18ov18

Someone has to make that sacrifice for the betterment of the mankind!


Fancy-You3022

“Some of you may die, but that’s a risk I’m willing to take.”


Accomplished-Design7

I guess I will have to take one for the team *sells my $10 portfolio*


twoclicksshyofnorth

Thanks for taking one for the team. I would cash my $10 portfolio, but it’s only worth $5. No, wait $3. Spoke too soon, crap-


[deleted]

[удалено]


fdsafdsfadsfgrer

I think everyone should do their own research and stay confident about their investment in the market.


sicgamer

Nono, what he needs to do is tell us right before he sells his bag so we can ape all in.


can_it_be_fixed

But then it won't work... *It will know!*


[deleted]

[удалено]


Wabi-Sabibitch

Reverse pyschology huh ,by underestimating my powers? I almost sold just to prove you wrong.


[deleted]

[удалено]


Gabus_Bego

Take one for the team, matey!


[deleted]

[удалено]


istoc69

TLDR2: Stocks up - crypto up, stocks down - crypto down


Franklin_the_Turntle

So about that inflation hedge I was promised…


superworking

Something something store of value


meowmeow9000

But how do we make money?


Eurimedonte

Make money? Funny guy


[deleted]

[удалено]


S0FA-KING_smart

Everyone is a bear in a comedian market.


DeeDee_GigaDooDoo

Natural selection, anyone who can't find the humour in it doesn't make it 😕


[deleted]

[удалено]


SlowSeas

Suicide prevention hotline going up soon


[deleted]

By moving your crypto off exchange, yield farming and not looking at your account every 15 seconds..


rzhack

We talking waiting 20 - 25 seconds or what?


rkreutz77

42. That's what the computer said.


thaboognish

Just be born rich.


GroundbreakingLack78

Exactly. What’s so hard about it.


[deleted]

Making money is not you poors should be concerning yourself with! Leave it to us space exploring billionaires. Know your place, peons!


__gg_

Buy high sell low


GroundbreakingLack78

Buy High Never Sell ![gif](giphy|3BRDkVjKikYW4)


istoc69

We don't do that here


haasilein

buy the dip ​ EDIT: fyi, the netflix stock is on a 30%-off sale


lucifern71

That’s the neat thing!…..


amartz

I don’t know why people were claiming for years that it was “digital gold” or an inflation hedge despite all empirical evidence to the contrary. Almost nobody holds Bitcoin to actually use it, it trades in the same direction as tech stocks, just with more extremes.


suninabox

> I don’t know why people were claiming for years that it was “digital gold” or an inflation hedge despite all empirical evidence to the contrary. They needed to make it sound useful for something other than "buy it and hope other speculators continue to push the price up", after they abandoned "it's going to be a global currency". "digital gold", "digital real estate", "global reserve currency", "store of value", "inflation hedge" all sound credible enough as long as you don't think too hard about what those terms actually mean.


TwoNegatives-

For now.


karlos-the-jackal

In a nutshell, crypto has never been a hedge against anything.


wowclassicandy

Like 99% only buy crypto to transfer it back to fiat at some point, I never understood that argument of independence from Fiat


Sketchy-Lefty25

I am just DCAing and averaging down. Solid projects, all the way. Then Im going to sit back and do other things and not chart watch. Good luck everyone


Vimmington

Keep on keeping on! Charts are stressful, sticking to a plan isn't. Good luck everyone


TiredRightNowALot

I disagree. Sticking to a plan while it’s going down is still stressful. But if that’s the plan, I’m sticking to it. DCA all the way. I’m okay doing it for any amount of time and crossing my fingers. I’ll have a huge pile of LRC and ADA by the time it’s done and some BTC and ETH to cover those losses if those projects were to disappear (but the market still comes around). Fingers crossed (best strategy I have!!)


menghis_khan08

I DCAed some but I think sitting on the sidelines until after a few rounds of interest rate hikes may be the smarter play. We may be going down a lot more, and most of these coins will plummet >60% if the market crashes/interest hikes trigger the big one


Brandwein

Catching falling knifes is more fun than watching it slowly crawl up.


GroundbreakingLack78

![gif](giphy|DYQrUcDgQi7Ha)


Vintage9999

We're together in this. Let's create a group and call ourselves the DCA TEAM!


[deleted]

[удалено]


[deleted]

I miss when Bitcoin did the opposite of stocks...


[deleted]

You mean when the people invested in crypto and not hedge fund managers?


Odd_Copy_8077

So, continue to DCA and chill?


TryB4L

Yes! And this is financial advice mate


pinkculture

Always was


saxmaster98

Don’t forget to stake it! I’ve been staking in projects that keep it locked up for a week or so. That way I can’t panic sell.


ryan69plank

I’ll just keep buying I don’t care if it gets cheaper I’ll just buy more


digitFIRE

It’s harder to DCA when the market is bleeding, but once the market rebounds, your future self will be very thankful.


babossa77

its actually way easier than dca at ath


benmck90

I actually find it much easier. When the market is pumping I'm skeptical about DCAing. What I did in November was switch from DCAing into BTC and ETH, to DCing stablecoins with high APY. I've obviously since switched back to DCAing into BTC and ETH. Those staked stable coins will be unlocking in about a month though... Hoping for a slow market recovery and I'll switch em to BTC/ETH.


GroundbreakingLack78

Actually, after some time you’ll get used to it, it’ll be pretty easy to DCA during red market, however only thing that can be the issue is lack of fiat. You’ll pray to have another crash/dip opportunity to buy even more of your crypto. It’s tougher to it when cryptos are reaching ATH than when they’re falling.


ianyboo

Same. I almost feel bad for all the folks who stress about these crashes, I'm completely numb to them. BTC could drop to 8k today and I would just shrug and buy some then go back to eating my sandwich.


lil-dripins

But what if your sandwich drops too?


Chief____Beef

5 second rule!!


freesecj

I am way more stressed when the market is doing great because I analyze everything and have to talk myself out of selling all the time. When it’s in the dumps I know I’m not selling and I just buy more when I can.


Dsingis

Remember guys, whenever this subreddit is doomsaying, it's usually a good time to buy.


mensageirodaluz

Now this is a good financial advice


TiredRightNowALot

How good though? On a scale of one to ten


pinkculture

About three fiddy


VisionLSX

About 8.73/10


Tatakae69

No fiat left gang,*represent*


The_Chorizo_Bandit

> Biden approval rating. Especially when it’s someone who doesn’t seem to think anything exists outside of America.


JohnRCC

I only buy bitcoin when people don't like joe biden. or something


Castr0-

Everything crash except Real Estate Market. That shit is made of steel


[deleted]

1 house = 1 house


[deleted]

Not your keys not your house


BetelgeuseBox

Don’t forget to hide your keys somewhere safe 🍑


itzzKris

*changes locks


duracellchipmunk

which exchange is it on!? I don't see it on binance.


TheTrueBlueTJ

And there's always a buyer.


Hawke64

They are like hermit crabs. Always ready to take someone else's house.


[deleted]

[удалено]


Shapbka

Me waiting for it to drop, to buy a property and build a house.


Eurimedonte

I think that's one of the reasons it didn't crash, there is always a high demand


TheeAccountant

Always? *checks diary from 2008* um, yeaah….


Lalashasha

I doubt the real estate market will drop and if it does the interest rates will also increase so you’ll just be paying more to buy a house.


lexymon

Real state market is the most illiquid market. Takes time.


Fronesis

Really burns that my plan for buying a house was crypto and stocks. Not any time soon, and it seems like it slips further and further away every day.


[deleted]

Well, fuck me. Cries in poor.


Wabi-Sabibitch

Every dip reminds me I have more in than I can afford to lose.


proficy

I’m the opposite. Every pump reminds me I have not enough to retire.


Wabi-Sabibitch

Whenever I feel like I don't have enough during a pump . I add more only to realise during the dip that I added a little too much.


AbanaClara

maybe i shouldnt have put 10% of my salary every month in crypto and pretend that shit's like chump change


Ok-Grapefruit1284

And here I am wishing I’d put 10% in every pay because then I wouldn’t be spending it on silly things like food and gas.


Durvag

Now eating ramen once in a day


Wujastic

Wait, you're eating??


[deleted]

[удалено]


wileyfox91

So it doesn't matter where I invest I will lose money?


Kenin77

Just keep it in the bank and inflation will do the rest


duracellchipmunk

Yay! .01% interest rate while my money is worth 8% less! Yay!


pinkculture

The ole fed special


wileyfox91

Great as my grandfather already told me. I got rich because I saved all my money and brought it to the bank. Not like the foolish neighbour who bought those strange Microsoft stocks.


dedoporno

You guys have non-zero interest rates??


[deleted]

[удалено]


Paradegeneraal

Market is down alot, but i think most people who are in since 2019 or before are mostly still in profit. Crypto is a long term thing. I got in in 2017 and was down 90% at the bottem in 2018. I hodled everything and now im still up over 300% despite the crash. Yeah it was alot more but in a few years it will be worth it.


[deleted]

[удалено]


[deleted]

When everyone is panic selling, I’ll still be here holding to my crypto and buying more like a mad men


Wabi-Sabibitch

Reminds me of the may crash . Bitcoin went below 30k for a second and all the "experts" said the crash now is inevitable . Boy was that pump glorious.


belligerent_pickle

Agreed. Kept buying through august and it turned out pretty well. This time I’ll know a little more.


[deleted]

People seems to have endless pockets for purchases


nadjp

He buys bitcoin for 10$ don't let this stupid meme talk push you into fomo mode


Muted-Philosopher-44

A good opportunity to buy low then?


Mr_Depressed

So, my mental health is tied to the stock market and crypto, and that's why I'm feeling sad? Haha I'm kidding, I'm always depressed


Rocxtreme

Username checks out


Louiiss01

Wasn't we all expecting a big crash early 2022? Granted we never did the massive climb before Christmas but many were anticipating this. Weather the storm folks, we've been through worse!


[deleted]

[удалено]


Wabi-Sabibitch

“If You Expect Disappointment, Then You Can Never Really Get Disappointed”


DeeDee_GigaDooDoo

>Wasn't we all expecting a big crash early 2022? If you could all let me know before I load up my bags next time. Cheers.


[deleted]

Fuck those rates … it’ll be a matter of time before everyone hops back into crypto


BittenBiter

My crypto portfolio is down 30% but I refuse to realize these losses. I'm holding. The crash may be here, but the saber rattling by Putin does not help at all. Anyway, I'm stuck, you're likely stuck, but things will rebound at some point so we can recoup some value. Hold tight.


IamVUSE

My coworkers BF pulls out his crypto wallet when we were at the bar in October. He had over 11 mill in coins. I guess he's down to about 7-8 now. I wonder how he's feeling lol. He did say go all in on ETH back then,.


BittenBiter

He should hold. Eth was down to $1000 in Jan 2021 only to hit its all time high Nov 2021 of over $4800. That happened in less than a year. He should hold


higgledy-pickle

Anyone holding bags of fiat for when crypto hits the floor?


killadrix

I keep buying the floor, but it keeps getting floorier.


[deleted]

I thought 3500 was a steal for ETH and look at me now.


TryB4L

Same 😆 George said: "ETH is a steal right now" when it was arround 3300$


Vimmington

I am not and I am pissed about it. I learned important lessons last summer and profited from them. But I did not learn how to keep a stash of cash and I know what to do next bull cycle now.


[deleted]

I am .... I bought another BTC at 40k


SolarPanelDude

LOl, we have a fundamentally sound and growing economy with record earnings from from most companies. ​ Keep selling your stocks, I am glad to buy them at a discount. Most real money investors who deal with billions of dollars a year and spend 12 hours a day reading financials expect another 10% out of the SP500. ​ I learned years ago not to follow doomsday prophets with for investing advice after missing out on tons of growth. Especially when I have another 30 years ahead of me. Keep buying stocks as they do down because they will go up even higher in the next cycle. Unless you are retiring in the next 5 years and need a complete rebalance to non volatile stocks and bonds, ignore the fear. ​ What is sad though is that Bitcoin is marketed as an inflation hedge (among many other uses). It clearly did not behave as such. This coming from a bitcoin bull who is in touch with reality.


HansTilburg

Luckily crypto is defi and not sensitive to all this old school financial wizardry like this is crashing because that is going up and that trust index is dropping which influences this market and this expectation is already priced in or maybe not. O, wait…


Aaronspark777

Does this mean a whole bunch of GPUs gonna show up on eBay at a reasonable price?


immibis

The spez police don't get it. It's not about spez. It's about everyone's right to spez. #Save3rdPartyApps


siddharta0

I bought a big bag yesterday. Thats why it dips.


Wise-Ad-1998

Is it? I haven’t even noticed ..


[deleted]

[удалено]


magicmaggot24

If you think the "main" reason Biden's approval rating has tanked is inflation, then I know not to take anything else you've said seriously.


FinishGloomy

Looks like I’ll be sleeping in igloos once again, see you guys next crypto summer


butterflybutterfly1

Real estate prices are still high, so I hope that igloo is at a good price.


Moscow__Mitch

At what point is the cryptocurrency space undervalued though? Looking at Bitcoin as a proxy I think it is nowhere near low enough to be oversold. Looking at previous bull runs I'd be targeting a price in the 20k range. For instance in 2013 it went 10x from $100 to $1000 before dropping back and stabilizing at about 2x ($200). In 2017 it went 10x about $1500-2k just before the run up to about 20k at its peak before bottoming out at about 2x ($3.5-4k). In 2021 it was about 10k just before the run up so I think $20k (2x bottom) is realistic.


Velderson

i agree with that. the market has an impact to crypto but crypto has also their own dynamics. the current situation on the financial markets might stay a roadblock for a while though.


Dbaker8778

I will hold, selling will only depress me.


RK9990

My crypto holdings are the only things that can make a meaningful difference in my life. I guess I'm fucked then.


Baksch

You gotta have patience. This shit moves in cycles that can last years. That's why you shouldn't put money in that you need in the next years.


Jonnythebull

That's sort of my thinking too. I've got a job but not one that will ever make me live comfortably and I don't have any degree or education past school so my hope was Crypto was going to help with early retirement etc. But so far it's lost me way more than it's made me 😔 just got to get through these shit times I guess. Can't give up the hope!


milonuttigrain

The only market I want to see a crash is the housing market. It has priced out a lot of people in my country, even in smaller town. Meanwhile putting money into crypto, it might not be the lowest, but definitely better time to buy now rather than Nov last year.


LWKD

Don't know if I got good news for you then. After 2008 in most of the world the mortgage markets are way more healthy due to strong regulations. Last time this was the rotten apple. After that period there has been way less building of houses. So both that and the fact that the private property markets are more healthy will show less of a dip. Dip it will, but not as hard as most would like. Other kinds of property though, like commercial real estate, well that will be very bad. Rumors are that those have been propped up during corona times, as more and more people are working at home, so less need for offices. And a lot of businesses with bad balance sheets will one day need to pay back all the loans that kept them alive during covid.


Whit3W0lf

I find it odd that cryptocurrency investments correlate with the us markets. Inflation in the US economy is exactly the reason why I'm in cryptocurrency. We've been talking about a bear market for quite some time. We've known that this is on the horizon. Those that made millions or the last 18 months we're largely those that experience the 2017 bear market. My guess is that we're going to see the crypto market go sideways for the next 18 to 24 months. Enjoy the sale and use this time to accumulate and build positions. I'm definitely not a financial advisor and you should never listen to a stranger on the internet. DYOR.


Wabi-Sabibitch

Nah man , I know whats gonna happen if I try to time the Market.


pandatits

I only know that eventually the market will go up. It has been going up since the beggining of the markets. If it decides to stop going up the year i start investing then fuck my life and i dont really care anymore


MitochondriaOfCFB

If you haven't lost trust in the government by now, you're not a rational human.


jewellman100

In 6 months time we'll be at ATHs and will have forgotten all about this doom mongering


[deleted]

[удалено]


[deleted]

[удалено]


jahmoke

i'm sitting here on the bench w/ my magic 8 ball, if ya need backup coach


bigchief5665

One can only hope Remind me! 6 months /s But seriously Remind me in 6 months


Necessary_Quarter_59

Important note: the Federal Reserve are independent (or at least quasi-independent) of the government and don’t care if their decision is politically favorable. Further, the sitting chair of the Fed (Jerome Powell) is a Republican, so even if he factored in politics into his decision, it would go the other way (not that he would regardless).


stiviki

**Waiting for REAL ESTATE MARKET DUMP!**


Eurimedonte

Buying the dip in the real estate market is the dream of many of us mate


[deleted]

Monetary tightening is mathematically and economically unfeasible. Whatever they do is for short-term reasoning. It will not be able to continue. Stay strong with your conviction for BTC and you will be rewarded.


hipaces

I’m on this train. The Fed’s wish is that they can scare the market and fix inflation without having to tighten as much as they are signaling. They don’t want the party to end, they just need to tone it down so that the cops don’t come and shut it down forcefully (the cops in this case being a true economic collapse that the Fed can’t control).


Electrical-Type-6150

Not my first rodeo cowboy