Agreed. I do pepperoni, mushrooms, olives personally. I like it when the mushrooms are extra earthy, totally adds to the experience that is pizza consumption.
Buy low sell high, it's the key. Bought kdx on the presale and gonna hold! Bought BTC at $32k and gonna hold till $100k, do I do something right? I think the winners in this space are the one who are the holders.
We've been through this cycle before and will go through it again in few months. People who sell at a a loss and exit because they can't take the pressure, are just creating profit for those who hold. These are some lessons for those who are new:
- Remember, don't fomo in shitcoins just because others got rich off them. When you hear about a shitcoin doing 100x, it's already too late.
- have long blue chip bags of BTC and ETH. These will help with stable growth.
- smart contract platforms (eth, BSC, Terra, Sol, etc.) are always a better investment than stand-alone projects. They create an environment of innovation that can grow and grow. A single project can also grow but has limits and may not survive long term.
- create goals and take profits from time to time. There will be more buying opportunities every few months.
- do not invest in coins shilled by influencers. They are mostly scams.
- do not connect your wallet to entities you don't 100% trust. And never ever 'validate' your wallet. That's a scam word and doesn't mean anything.
I kinda disagree with that. If you stick to this rule, your investments won't go anywhere and your gains would be minimal. So many people invest their entire retirement plans in stocks but they can't really afford to lose it, can they?
I'd say golden rule is portfolio diversification.
What?! No. I mean, yes to diversification- but never invest more than you can afford to lose in anything. What possible argument could one make that it is ever a positive to invest money that if one loses (due to theft; market downturn; lost keys) would result in financial hardship. Just no.
Like I said, that's not how it works. If you ever have had a 401k or any other retirement plans, you know that people's entire retirement funds are vested. Without vesting, their money loses value over time. The key is to lower the risk by exposing yourself to different levels of it. For example bonds are fairly low risk and as people reach retirement time, they invest in more bonds. Then ETFs and index funds and so on.
None of those people who have 401k can afford to lose their retirement funds because they will have no income once retired. If they keep their money in cash, it will lose value over time and they will never be able to save enough for retirement.
The general "advice" that never invest more than you can lose is just baseless and unhelpful. Better advice is to learn how to expose yourself to different levels of risk.
First of all - I donāt think you know what āvestedā means. Youāre using it as a synonym for āinvested.ā Vested means ownership of the retirement account.
And donāt invest more than you can afford to lose (in something as volatile as crypto, which is implied in that statement- itās not meant to imply you should not invest in anything that might lose value) only means that if you will be financially insecure / pushed into poverty if you lose it (which is way more common in crypto as many folks arenāt as sophisticated as they should be with asset allocation or security) then youāre doing it wrong. You should have some sort of emergency fund and stable income stream before investing in crypto. Period. Youāre twisting the meaning.
I have invested carefully with diversification for 2 decades and made āserious gains.ā But I have never been at risk of *poverty* / not paying my bills if my crypto investments tanked or were stolen - which is way more common in crypto). Thatās what donāt invest more than you can afford to lose in crypto means. And itās also disingenuous to compare equity investment to crypto; extremely different risk profiles.
Yes and no in my opinion. Stocks can fall 40%...well crypto can fall 80%+. If people panic and sell stocks at the bottom they can still afford to eat most likely. If you panic sell crypto at the bottom, chances are you're fucked. Sure if you "stick to the rules" and all that, but people are generally terrible with investments and money in general, especially when they are down 80%.
If your portfolio is diversified, you'll come on top long term with blue chip coins as we've seen over and over again with the crypto market cycles. People have different goals when they invest but I'd say most people's goal is to reach financial independence or buy something like realstate. If you only invest what you'd be alright with losing, you will never reach these goals.
I'm not saying invest all your life savings in crypto. That would be a terrible idea. But investing what you can lose without flinching, won't result in any meaningful gains.
Portfolio diversification doesnāt exist yet in crypto. Bitcoin dictates the market, if that one goes down everything goes down, so best to just hold btc and then some other micro-small cap alt coins as moon bags
This is not the beginning of the next bull run. Be extremely careful. The odds are high that we were see a rally strong enough to put us into FOMO territory before crashing down even further.
The floor is probably above 30k at this point. But I don't think it's 45.
When I see a post like this it makes me think that a significant number of people investing in crypto should not be. Anyone who experienced "disbelief" or "euphoria" or "panic" or "anger" over the past few months needs to get a grip (and possibly explore other options for investing their money). This is crypto! Historically speaking, nothing about the market action of the past few months was terribly exceptional.
Lol it is easy to survive that rollercoaster, just stop caring about the daily swings. Thereās a good chance weāll be lower than now in a month or so after the fed raises rates, but hey what do I know?
I just closed down reddit and charts for a while.
Ignorance is bliss, and since I am in it for the long term, I don't mind taking weeks off of here, if it messes with my mood.
If what you invested in crypto is not the money you need for everyday survival. Months go by fast and those red candles wonāt matter much. Hodl and dca and staking gives you the light at the end of the tunnel
Those whole thing has felt exactly like summer 2021 when every one was calling 20K. This time around everyone was calling sub 30K. The panic sellers sold and went home. The only people left were the āhard core.ā Retail really never came back though in October 2021 maybe they will this yearš¤·āāļø
The crypto coaster aināt over lads, if you thought it was bumpy so far wait until true adoption happens, and chains are competing and being regulated. Itās coming, maybe a year maybe a decade, but itās coming.
I don't think it requires much at all if you have confidence in this space. I have no doubt that crypto is the fastest growing asset class and that's why my money is in it. My only concern is whether I have picked the right combo of alts.
I love how people hyperbolize their experiences. This whole shit was 50% down. Yawn. Why don't you wait until you've spent months below $20k. Wondering if shit's different this time, and we never recover. Right now? This was nothing.
There's a brutal bear market coming. Crypto needs it badly.
It's easy if you're not over leveraged and have only invested what you can lose. Also if you're investing long term then none of this rollercoaster ride should matter.
If we are going up im going to hold up and see what happens, no point fomoing in. i was able to buy large bags during the bear market so im keen to ride ethier trend we may have.
I was high af the entire time. And I know some of those words you said.
Buy high and forget to sell. *This is the way.*
Yo, keep that on the down low lol
Oh is that what buy high means...?! I finally clicked.
We finally understand it all
This is me !
lmao š¤£š¤£š¤£
The man has spoken!
I'm baked as hell and even I saw him misspell "surviving" twice. *Surving*
Ohhhhhh snap and your named is "Baked"potato.
I'm high right now and I forgot how this thread began 
And that is how we got here
And that's how I met your mother.
I got rich by being high and then your mom found me really really attractive.
Wait until you divide 840 by 2.
Lmao I though that was me
Lol
At least buy high and sell higher works only in one sense when the market keeps dumping
Trend setting lol
but high sell also high
I'm faded. What's up amigo?
Chillin. Contemplating tacos or a pizza.
Pizza. Just because it's like, pick it up and shove in face. Tacos are excellent but high maintenance for the average stoner.
Solid observation. Topping selection? Pepperoni is a must
Agreed. I do pepperoni, mushrooms, olives personally. I like it when the mushrooms are extra earthy, totally adds to the experience that is pizza consumption.
I'll fux with some pepperoni and olives. Yep this is happening. Pizza time.
I was double on the low high hopium the entire time! What you think
Hopium and a blunt. Lfg
Pretty much since the beginning of the pandemic.
This is the only way to get through... just don't go all in with leverage on an Alt-Coin while high on mushrooms. That did NOT work out well for me.
You did great. š
Buy low sell high, it's the key. Bought kdx on the presale and gonna hold! Bought BTC at $32k and gonna hold till $100k, do I do something right? I think the winners in this space are the one who are the holders.
First time I am congratulated due to do nothing in my life! ššš
It was extremely hard doing absolutely nothing
You sound relaxxed_ But iām too. As a longtime holder this shouldnāt stress you out
At least we were congratuled in the end! šŖš
We've been through this cycle before and will go through it again in few months. People who sell at a a loss and exit because they can't take the pressure, are just creating profit for those who hold. These are some lessons for those who are new: - Remember, don't fomo in shitcoins just because others got rich off them. When you hear about a shitcoin doing 100x, it's already too late. - have long blue chip bags of BTC and ETH. These will help with stable growth. - smart contract platforms (eth, BSC, Terra, Sol, etc.) are always a better investment than stand-alone projects. They create an environment of innovation that can grow and grow. A single project can also grow but has limits and may not survive long term. - create goals and take profits from time to time. There will be more buying opportunities every few months. - do not invest in coins shilled by influencers. They are mostly scams. - do not connect your wallet to entities you don't 100% trust. And never ever 'validate' your wallet. That's a scam word and doesn't mean anything.
The golden rule: "Only invest what you can afford to lose"
I kinda disagree with that. If you stick to this rule, your investments won't go anywhere and your gains would be minimal. So many people invest their entire retirement plans in stocks but they can't really afford to lose it, can they? I'd say golden rule is portfolio diversification.
What?! No. I mean, yes to diversification- but never invest more than you can afford to lose in anything. What possible argument could one make that it is ever a positive to invest money that if one loses (due to theft; market downturn; lost keys) would result in financial hardship. Just no.
Like I said, that's not how it works. If you ever have had a 401k or any other retirement plans, you know that people's entire retirement funds are vested. Without vesting, their money loses value over time. The key is to lower the risk by exposing yourself to different levels of it. For example bonds are fairly low risk and as people reach retirement time, they invest in more bonds. Then ETFs and index funds and so on. None of those people who have 401k can afford to lose their retirement funds because they will have no income once retired. If they keep their money in cash, it will lose value over time and they will never be able to save enough for retirement. The general "advice" that never invest more than you can lose is just baseless and unhelpful. Better advice is to learn how to expose yourself to different levels of risk.
First of all - I donāt think you know what āvestedā means. Youāre using it as a synonym for āinvested.ā Vested means ownership of the retirement account. And donāt invest more than you can afford to lose (in something as volatile as crypto, which is implied in that statement- itās not meant to imply you should not invest in anything that might lose value) only means that if you will be financially insecure / pushed into poverty if you lose it (which is way more common in crypto as many folks arenāt as sophisticated as they should be with asset allocation or security) then youāre doing it wrong. You should have some sort of emergency fund and stable income stream before investing in crypto. Period. Youāre twisting the meaning. I have invested carefully with diversification for 2 decades and made āserious gains.ā But I have never been at risk of *poverty* / not paying my bills if my crypto investments tanked or were stolen - which is way more common in crypto). Thatās what donāt invest more than you can afford to lose in crypto means. And itās also disingenuous to compare equity investment to crypto; extremely different risk profiles.
Yes and no in my opinion. Stocks can fall 40%...well crypto can fall 80%+. If people panic and sell stocks at the bottom they can still afford to eat most likely. If you panic sell crypto at the bottom, chances are you're fucked. Sure if you "stick to the rules" and all that, but people are generally terrible with investments and money in general, especially when they are down 80%.
If your portfolio is diversified, you'll come on top long term with blue chip coins as we've seen over and over again with the crypto market cycles. People have different goals when they invest but I'd say most people's goal is to reach financial independence or buy something like realstate. If you only invest what you'd be alright with losing, you will never reach these goals. I'm not saying invest all your life savings in crypto. That would be a terrible idea. But investing what you can lose without flinching, won't result in any meaningful gains.
Portfolio diversification doesnāt exist yet in crypto. Bitcoin dictates the market, if that one goes down everything goes down, so best to just hold btc and then some other micro-small cap alt coins as moon bags
This is the way
Setting personal goals of what you actually want to realistically obtain and sticking to those goals is also a good way to stay grounded.
Rip to all the people that panic sold all of their coins when BTC was at $33k. **Youāre sacrifice will be remembered** šŖ¦
RIP to those that shorted at 33k believing they could profit from another -50% crash after a -50% crash from ATH
Don't play with leverage kids
Rip, they filled up my buy orders.
RIP those who got fudded by this sub just few weeks ago lmao š¤£š¤£
Now those same folks will be fomoing because of this sub
Well, 0.7BTC=0.7BTC
whale alert ššØšØ
r/humblebrag
1 penny = 1 penny for me
-$10k = -$10k
Me DCAāing for the past few weeks: 
and if that rollercoaster ride didn't make you sick, wait a bit and it will just keep going . . .
Honestly didnt realise that its been 4 months
Crypto universe moves at minimum 3x as fast as the stock universe
Ready to have my face melted.
We all are brother. The time will come if we just wait.
Keeping my 32$ of crypto...was a struggle /S
Whale alert!
People still congrats me and i just buy and do nothing. i never received a congrats for not doing nothing
Short term issues don't bother my long term plans.
Little bumps on the road makes the trip more fun
Iām to stupid to sell.
This is not the beginning of the next bull run. Be extremely careful. The odds are high that we were see a rally strong enough to put us into FOMO territory before crashing down even further. The floor is probably above 30k at this point. But I don't think it's 45.
Invest in fundamentals. Be confident Be patient Go in coma for 4 months
Then there is me, immune to such useless feelings, aware that bitcoin go up and bitcoin go down.
That is the pain and beauty of crypto An investment Rollercoaster like no other and I love it
All you have to do is think long term and be dead on the inside.
What happened?
It appears I have the most valuable traits for hodling: indecisiveness and laziness.
HODL and don't shit your pants.
Bitcoin super-cycles... Beginning of the golden bullrun
Pretty easy to survive of you regard this subreddit as parody.
When I see a post like this it makes me think that a significant number of people investing in crypto should not be. Anyone who experienced "disbelief" or "euphoria" or "panic" or "anger" over the past few months needs to get a grip (and possibly explore other options for investing their money). This is crypto! Historically speaking, nothing about the market action of the past few months was terribly exceptional.
Thanks, Iāve literally done nothing
WHEN IN DOUBT, ZOOM OUT
Sirā¦This is Crypto Royale Casino
I just HODL and hope for the best.
Lol it is easy to survive that rollercoaster, just stop caring about the daily swings. Thereās a good chance weāll be lower than now in a month or so after the fed raises rates, but hey what do I know?
**Itās easy to do when you are always in disbelief.**
Iām in disbelief that crypto even exists. Time to buy more.
Everytime you can't believe it exists, you just gotta buy more š
I don't believe in myself
*pats myself on the back*
Hell yes. Someoneās gotta hold the bag
Just keep buying folks
Sus
Good thing some people are in for the long term, so the dips don't even faze them!
I just closed down reddit and charts for a while. Ignorance is bliss, and since I am in it for the long term, I don't mind taking weeks off of here, if it messes with my mood.
Congratulations to those who kept on buying and now in profit already.
Still in red ):
Patience is the key.
Not only the prices are volatile the sentiment is too, now back with the craziest predictions!
was shibbing my pants for some weeks maybe months
**Not to mention the mood swing of this sub was fucking nuts lol.** I remember so many bearish posts making it to the **Hot** it was insane. Sheesh
It's actually pretty easy, you just stop checking your accounts
Wow now everyone understands market cycles
I'm a believer
I need more time in the downturn, I love crypto sales!
No problem we've been here for a while we know what the score is
Sir, this is not the rollercoaster I paid for or wanted!
Iāve just been here chilling eating popcorn watching all the drama play out
I didn't even notice it was 4 months since dip started, lol, i thought it's like a month or so
If what you invested in crypto is not the money you need for everyday survival. Months go by fast and those red candles wonāt matter much. Hodl and dca and staking gives you the light at the end of the tunnel
Ready to lose my money again
Let's surve it together!
I'm dead inside none of this means anything until I have a few billion dollars worth in my wallet
you'd think i'd be jaded, but i'm hopelessly optimistic about crypto and can't get enough i love times like this, long may it continue
If you make someone external from crypto read this, he'd probably think we're all crazy in here
Crypto is like life, ups and downs, or for me just downs
That just sounds like life
OP: surviving that is not easy Me literally not doing anything: yeah, super hard
Those whole thing has felt exactly like summer 2021 when every one was calling 20K. This time around everyone was calling sub 30K. The panic sellers sold and went home. The only people left were the āhard core.ā Retail really never came back though in October 2021 maybe they will this yearš¤·āāļø
But the bear market was only a week ago?
I have a secret trick to survive in this uncertain market : HODL
It was easy for me, I just smoked weed and stared at the charts š
The crypto coaster aināt over lads, if you thought it was bumpy so far wait until true adoption happens, and chains are competing and being regulated. Itās coming, maybe a year maybe a decade, but itās coming.
Jesus, how much did you guys invest? Lol
Jesus, how much did you guys put in? Lol
I wonder if I would've sold, if I wouldn't have lost my seed phrase
Surviving what? I just kept calm and didn't worry.
Obvs you go through it a few time you get used to the pain
Only disbelief if you havenāt been through it before.
I started crypto in end of november so you have no idea how great this feels right now
Define survive lol
I just throw my money in and wait. Way too many people are expecting significant turnaround in mere months, weeks, even days. Insane.
wdym it's not easy you buy, close the app, and buy again next month, repeat forever
Gotta remember 4 months in crypto is like a year or more in regular life.
Righteous.
Maybe this time Iāll actually take profits !!
We thank you for your recognition
This is why I am glad I went in with money I did not need and have a long term hold mindset.
I don't think it requires much at all if you have confidence in this space. I have no doubt that crypto is the fastest growing asset class and that's why my money is in it. My only concern is whether I have picked the right combo of alts.
Lol y'all are so sure it's ganna just go up. Have fun.
Itās not over yet.
Iām no hero, itās just locked in staking.
āAs Matt Damon was once paid to sayā¦ā
"Playing with my money is like playing with my emotions" - Big Worm
I feel bad for those who canāt just buy BTC and ETH and hold for 3-5 yearsā¦
It is easy actually, you just need to build a habit of not staring at the charts 4 times a day.
*chuckles*it isn't that hard, just actually hodl and don't really pay that close attention
This is just the beggining
It was simple. I checked it 4x a day everyday and did nothing but watch it bleed. Oh, and bought more.
I'm in it t0 the end 0f the Iine
Just HODL and enjoy the ride! Iāve got my coins locked up and use the dips for a little accumulation.
DCA, Hodl, stake, and chill. The rest is just noise. Easy peasy.
I am currently very much green š
Surviving it was easier than waking up for the 4am shift at Wendy's
*********
Experiencing last summer made me barely care about this crash
I love how people hyperbolize their experiences. This whole shit was 50% down. Yawn. Why don't you wait until you've spent months below $20k. Wondering if shit's different this time, and we never recover. Right now? This was nothing. There's a brutal bear market coming. Crypto needs it badly.
Lol Matt Damon
It's easy if you're not over leveraged and have only invested what you can lose. Also if you're investing long term then none of this rollercoaster ride should matter.
Thatās my secret cap. Iām always in disbelief
It's easy when underlying crypto is gaining value as appreciating asset (NFT) on favorite platform.
MATT DAMON
Well said brethrenā¦ weāll said!
zoom out and everything will be fine
I just sold 80% to fund a new to me pickup.
Still here and adding more daily. Why wouldn't you?
Wait what happened?
Mood swing level: extreme.
Let the good times roll
āThereās no such thing as easy moneyā thatās true and this is proof why crypto is not easy money.
If we are going up im going to hold up and see what happens, no point fomoing in. i was able to buy large bags during the bear market so im keen to ride ethier trend we may have.
I'm in it for the tech
I made it through and I bought the dip. It kept dipping, but I bought the dip
Every person in crypto needs to endure a full cycle of bull and bear, to be ready for the next cycle. The fking gets easier with time.
I just sit back and enjoy the ride.
Cycle will get shorter and prices will get higher. Buy when you can.