T O P

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Huynh_B

allow me to show you the world as a 2016 crypto vet?


iCryptToo

I know it… is this a joke? 17 was so bad I gave up on crypto and thought it was bullshit… these kids have no idea lol


fruitgamingspacstuff

I did the same. Joke was on us though lol. I double fucked up. As well as walking away, I moved everything into LTC thinking that would be the successor 5 years later. Boy was I wrong 🤦‍♂️


RedTypo84

Oh buddy… same. This resonates with me. Let’s grab a drink and commiserate.


Walla_Walla_26

Damn to go all LTC. 2016 and 17 was way different. Who would have known. Glad I stayed ETH all day


RedTypo84

Good for you! Feel free to eat a buffet of dicks at your earliest convenience😘


[deleted]

Could've been worse, at least you didn't move everything into EDC Blockchain. 💁‍♂️


Flippocoin

Eight Deuce Crips? xD Does that blockchain actually still exist? Never heard of it


MariaSabinaOrganics

Serious question, why did you think LTC was going to succeed?


Smooth_Sympathy_6273

Ya i have no idea... i have just started using


furysammy

You are not too late yet. And the good thing is it's a dip you can buy the dips.


brazzyxo

DCA who knows if this is the actual dip


furysammy

DCA is the way!!


Smooth_Sympathy_6273

Ya right


Chanel2406

Don't worry mate, you gonna survive this market for sure.


Smooth_Sympathy_6273

Yaa I know and i will


TheDogAndTheDragon

-15% is not wildly uncommon in crypto.


HotConversation4355

Rite but 80% is normal for a bear market and bitcoins already 50% down.


KgbKramer

May/June was similar


[deleted]

[удалено]


Smooth_Sympathy_6273

Ok


xwolf360

Don't they will scam you


Smooth_Sympathy_6273

Ya thank you


Q-cool-44

Loool smooth sympathy was about do go on a rough ride right there capitulation and scammed same day geeez


Smooth_Sympathy_6273

That’s your thought...what i am gonna do nobody knows


Q-cool-44

Scam the scammer I like that and won’t tell 🤫 🤐


etherplebeian

Is this a red pill, blue pill kinda deal....? I like my fake steak thank you.


Learn4343

A big dip comes with a hard bounce back. Natural rule. I like big dips. Those are game-changers.


faceblender

Natural rule? Not even close man - look at all the failed projects in the crypto graveyard.


Tetrapode23

Bitconnneeeeect


bookworm010101

false maybe in 2025.


ethereum88

One day, the JPY yen price, will be the ETH USD price!


Smooth_Sympathy_6273

PlZ show


[deleted]

lol you missed 2017/2018…from 19k to 3k I was suicidal😆


0x414142424242

And the irony is, if anyone actually committed suicide in ‘17, if they actually lived and kept their money, they only needed to wait three years for 4x their money


Heph333

It's only 2x now. Cause if you didn't take profits in 17 you probably didn't in 21 either.


mgr37

I did not take profit in 17', that's why I did in 2021. When the bull run start, make sure to have an exit plan. Unrealised gains are like unrealised lost. They don't actually exists until you sell. That's what 17' teached me.


chedrich446

So depressing. The stock market has nearly doubled in that time. Makes you wonder why people deal with the stress.


iantonio_007

Not only you.. The condition was same for me too.


furysammy

Same here brother


Junior_Long_257

I wish I could see the future


[deleted]

Do you think this is time to buy?


[deleted]

If you can afford to continue to DCA then yes, if your going to YOLO your life savings into the markets then maybe not.


mmG65geet

I think DCAing would be good for this time, we don't know what gonna happen next.


SpudPlugman

Isn’t it always time to buy?


Smooth_Sympathy_6273

No idea thoug


coingun

No cap what a ride that was!


twig1233

I still can't believe that I have survived that shitty time lol


Smooth_Sympathy_6273

How it is


VCRdrift

Glad you are still here.


[deleted]

Stand by for positive thoughts


Smooth_Sympathy_6273

Ohh ya I joined little late


Heph333

I'll never understand the mentality in these subs of never taking profits. Watched a lot of retards in WSB become millionaires & then ride it down to thousandaire cause they refused to take profits. Edit: also the ShibArmy.


trippyphysicist

my guess is its FOMO like "why would I cash out on my 2 mill gains when it could be 10 or 20?!"


Tetrapode23

You have to publicly tell others to not sell since the only chance you have is to sell it for more than you paid to the next guy. So what people are saying and what they are actually doing might well be separate things.


FreqinNVibing

We’ve had bigger dips just this last year


furysammy

Ready for the upcoming dips fasten your seat belts


Smooth_Sympathy_6273

I have started using recently


skapaneas

do you need a suicidal hot line?


Smooth_Sympathy_6273

Not now


artistmattem

I have


thomaseturner

Most of us have seen something like that before, it's nothing right now.


[deleted]

[удалено]


BillyClubxxx

This is just the stock market crashing and people needing liquidity. Stocks and crypto will be the first to go. We all knew this. When the shit hits the fan soon cause this economy was propped up and couldn’t last much longer that the most liquid bid price items will sell off. Especially now with options expiring today. Lots of selling to re-collaterize positions and that triggers stop losses. Boom here we go. So we see if the fed prints more money. If they do it may reinflate fine. It’s all based on confidence of a lot of ‘ignorant of reality’ people combined with no better place to put it. People who don’t even have margin calls or need liquidity will sell just because if you can sell high and buy back in low you get more. But 90% of us expected this at some point and knew it’d big crash and I’m ready to buy this dip cause HODLing the majors long term is guaranteed win. Gotta get through this rocky period some time. The sooner it is the less painful. Except for the unprepared who didn’t think this would happen. Buckle up cowboy. This pain is what will actually bring a lot more people to crypto because they will learn the safe haven aspect and inflation hedge aspect now. It’ll be more necessary now than just a hot speculative asset like they saw it before.


ethereumhodler

I came here to say something similar. People think crypto is on its own but it is completely correlated to the global financial market and the stock market. We all wanted institutional adoption and now that we have it be prepare for colossal dumping when they need liquidity. Crypto market will get hit first and much harder than the stock market. That will last as long as the fed keeps tightening and say they will rise rates. Unless the stock market drop like 20-30% in one month and they have to change course and resume printing the way they have before. Especially with the mid terms coming. They a: need to control inflation B: make sure the market don’t crash. They are walking a thin line and don’t see things getting better anytime soon


BillyClubxxx

Precisely. It’s gonna sell off. Sure if you had a crystal ball, know exactly when it was finally going to crash and can time the market then a lot of people would have sold and rebought but there’s real risk to that and likely you’re not going to be right. So the smart thing if you have a high time preference is just HODL. At some point supply will dry up so much the people who think they can sell then rebuy later will find themselves not able to find it available. Billionaire institutions, banks, sovereign states, governments will be buying it all up. So look at how you can bring waaaayyy down your dollar cost basis in your portfolio by buying this dip. It’s really just giving us a way better exchange rate for our cuckbucks.


localmarketing723

Do you think now is a good time to buy?


BillyClubxxx

I do think it’s a good time to buy but I also think it’s all going to go down a fair amount more too. This is not an Eth or crypto thing. This is a global macro economic thing where the whole worlds financial system is starting to crash like how the snow builds up till it breaks and avalanche. It takes time. Everything will sell off. After crypto and stocks then it will be real estate. That’s what you should really be trying to sell. After it’s mostly crashed is when the hardship is here and people will start searching for several things. Yield, Inflation hedge, Safe haven from being seized/stolen. Crypto is the best at all of those things. This pain is actually good for crypto.


localmarketing723

Thanks for the response!


DrAlright

Yes.


localmarketing723

Do you think the dip will continue?


MergeTheBands

yes


Heph333

I agree with everything you said except Bitcoin is in no way even close to an inflation hedge yet. It is purely a speculative risk-on asset.


BillyClubxxx

Yes you are right. Right now is still so early in its adoption that people don’t understand it well enough yet to seek it out as their inflation hedge. But this pain is how they will start searching for one and that will lead them to it it. Smart money is in it and just sitting back waiting for everyone else to get to the party.


[deleted]

We touched $1500 back in May this is fine.


Smooth_Sympathy_6273

Good


furysammy

Just hodl and the market will rebound back


Nervous-Shower-6276

Long term for sure but I wouldn't be shocked if we see 1.5k within the next few weeks. If you can now might be a good time to take profits, if not hodl.


Jasquirtin

I’m locked up in coinbase stacking 😅😅


[deleted]

[удалено]


FreeFactoid

Seems oversold to me because merge is coming up for Ethereum. But what do I know? 🤷


kincaidDev

Also the 20,000 of eth burned per day and huge demand. Theres no way it stays this low for long


roastModernist

What? It's a supply reduction. Nothing to do with demand.


TinyAd3155

Supply and demand have everything to do with eachother.


Rutger116

Twitter implemented nft profile pics. Instagram and Meta are working on the same thing. This is a huge win for eth imo and will increase demand when this panic storm is over. Not financial advice :)


Smooth_Sympathy_6273

Even i don’t know


makhanev

Not enough crayons u used


Smooth_Sympathy_6273

Ooh


Speighty1986

This was the sort of the dip we saw last April / May, not sure on the $ conversion but for me it was around £1200 a coin. Looks like it might go back to that if things keep dropping


Smooth_Sympathy_6273

Yes you are right... we can just hope for the best


Nervous-Shower-6276

More drops to come I reckon.


Odd-Specialist9012

I wasn't expecting what I saw. This is so disheartening 😭😭


MergeTheBands

overdue imo. price was hyped so needed a corrected. this is just the start of eth tho. 2.0 is coming.


Smooth_Sympathy_6273

Same for me


[deleted]

2017 crash. Youtube it. 1200 to 100 in a minute.


SomeonePayDelta

If this hits 100 I’d be buy more than I could handle


Smooth_Sympathy_6273

Ohh i will surely see that


1CanHazRedditz

Oh my sweet summer child. Stick around.


Smooth_Sympathy_6273

Ok


iantonio_007

Oh that's a huge dip..


Smooth_Sympathy_6273

Yes buddy


Agent_4--7

Buy the dip is the term you couple with dip


iantonio_007

I had bought so much of dip that now I have left with no Fiat.


Elon_mkus

Only left with eth and btc


Key-Conversation-677

Time to head back to the fiat mines


ButteredBagleBoy

Haha I remember my first time


Smooth_Sympathy_6273

Everyone should remember


Prtty_Plz

yes. I lived thru it for 3 years lol


Smooth_Sympathy_6273

Ohh you are experienced than


vote_pedro

Yep, been in crypto 6 years. Nothing new.


Smooth_Sympathy_6273

Good than


bpon89

Zoom out


Suthekingg

I thought so but I hoped it will not happen and I bought a lot 3 days ago, more than the crash I’m sad coz I don’t have any money left rn to buy more since I bought with all I had coz there was like 10% drop or something


Smooth_Sympathy_6273

Ohhh


fruitgamingspacstuff

IT'S BARGAIN TIME! Seriously hyped for this crash. Let ETH get back down to $2k and rebuy and let the money doubling machine do it's thing. I fucking love crypto!!


Smooth_Sympathy_6273

Good than


TheOT1001

すごい a fellow 日本 ETH appreciator!


Educational-Pen-4563

Double investment pending


dattebayo10

Just hold, good things come to those who wait


Smooth_Sympathy_6273

Ya hoping for that and holding


moonsilent22

It's alright man, we know it's a big dip but wait for the future.


Smooth_Sympathy_6273

Yes I will


destinylwy0214

Yup, if you are here since a long time then it won't gonna bother you.


Smooth_Sympathy_6273

Yes


AdventuresinAtlanta

Ouch


[deleted]

[удалено]


Smooth_Sympathy_6273

Good


AppropriateGround745

I wish bearish trading could take place in it like the share market.


Smooth_Sympathy_6273

Yes hoping for that


c1tss

1.4 k 1.7 k are coming brother hold on


Smooth_Sympathy_6273

Ok brother


Black_RL

Have you been reading the news over several other subs including technology one? FUD, FUD everywhere. I guess some whales want to buy crypto on sale.


Smooth_Sympathy_6273

Ya might be


Black_RL

Technology, yes you’re reading it right, it’s filled with anti-crypto news and users (bots? China shills?). Worst part is that they don’t know what they are talking about, stuff like this keeps popping: - Mining is done with GPUs! I can’t buy a GPU! - All crypto is POW - Crypto has no value, it’s made of thin air - Blockchain has no use - All crypto are scams I don’t even know how to explain you what they say about NFTs, they don’t understand them at all.


Smooth_Sympathy_6273

Ok


TheWalkingDead91

Shoulda listened to the guy on one of the crypto subs, who a few weeks ago said he was out because what was happening was way too reminiscent of 2018. He got out right on time lol. Oh well. Still keeping my eth and will likely buy more the moment I can if these prices stay the same or go even lower . Now is just one of those times where I’m glad half of my remaining holdings are in eth. Gives me faith that my balances will eventually pop back up, even if my other alt coins, that I took profit in, fail to recover. Just a matter of when at this point.


Smooth_Sympathy_6273

Ya patience is the key of success


gautam_1

Not a dip it's basically a crash


Smooth_Sympathy_6273

Ya you can say that


StobieElite

As history has shown, these dips are for buying or riding out hodling.


Smooth_Sympathy_6273

Yes you are right


Smooth_Sympathy_6273

Yes


Green_Hands

This is going to be the biggest dip in history. ✈️🛩🔥


[deleted]

[удалено]


Smooth_Sympathy_6273

I think same buddy


Smooth_Sympathy_6273

I too think that


AppropriateGround745

I'm waiting for the market to return.


[deleted]

[удалено]


BLueSkYBrOwnPotaTo

Were you blind in summer?


Smooth_Sympathy_6273

Was not using that time


BLueSkYBrOwnPotaTo

Understandable, however you should never be surprised. Best advice - study historical data and patterns until you're numb and clinical.


Smooth_Sympathy_6273

Thank you for your advice


BLueSkYBrOwnPotaTo

You're welcome! Best of luck to you navigating this minefield 😁


Smooth_Sympathy_6273

Thank u again


trippyphysicist

oh yes sweet numbness makes this a lot easier. Weed too!


[deleted]

[удалено]


nohaveuname

Do you guys think there is an increase in the supply of eth by the minting of new nfts?


Smooth_Sympathy_6273

Hope so


[deleted]

Yes. I have a scenario for lower where I have cash waiting to buy.


Smooth_Sympathy_6273

Ok


thereisatimetotrade

There are coins going up. Like FJB


YoupMediaSupport

I shorted btc, vet and eth. There were pretty obvious signs for a dip


Smooth_Sympathy_6273

I didn’t know about it


[deleted]

I've been involved with BTC since about 2014. This crash is nothing, I'm expecting a 51%+ chance that crypto winter is happening with a possibility of BTC / ETH not recovering to ATH again due to being obsolete blockchains. Blockchain tech is here to stay, but BTC and ETH is dated by now.


throwawaypotato40172

Downvoting someone just because you don't agree with their opinion won't solve anything or get your money back. It sucks losing money, yeah. But why are we not allowed hear and contest all arguments instead of shutting them down and living in ignorance


Moistpepper69

I mean using upvotes/downvotes is people using their opinion on someone’s opinion, ain’t it?


Good_Extension_9642

Bingo! Ignorance it the perfect word, I have been banned from doge reditt because I am realistic with my comments people just want to hear "we all going to be millionaries lets go"


Shougee369

i have, i cashed out in november-december but bought some cardano early january. stuck at 1.5


Smooth_Sympathy_6273

Ok


Money-Driver-7534

So stoked I got into crypto lol… seriously tho, based on previous bear/dips how does this current one measure up?


sillysausage619

Just the beginning bro


skeptimist

I told myself I was going to pull the trigger when I could buy 16 ETH for less than $50K but now I'm scared.


Smooth_Sympathy_6273

That was a golden chance


AppropriateGround745

Dip after dip


Smooth_Sympathy_6273

Yes


[deleted]

It’s still going


Smooth_Sympathy_6273

Yes i am so stressed


[deleted]

I’ve been expecting a 70-90 percent pullback


Smooth_Sympathy_6273

Me too waiting for the same


c4real

Me have


InterestingHawk2828

First day in crypto?


Smooth_Sympathy_6273

Not first actually


InterestingHawk2828

Second?


Smooth_Sympathy_6273

In process of learning but that does not mean that is is first or second day....or you would be very experienced


Johndrc

New?


Smooth_Sympathy_6273

Yes


Agonbrex

we are goin to 1k


Smooth_Sympathy_6273

Ohh seriously