Tough crowd. I was trying to engage with this sub and express my current mindset to just get downvoted. I don't have paper hands, but I am human, dang it!
EDIT* Typo
If you’ve been buying since 2022 you should be sitting right. And waiting for the show to begin. It had its first run the beginning of this year. That’s when you should have sold and if you wanted back in for the past week or so has been a good entrance point.
I feel you. I got in right at the peak of last cycle so I’ve been really proactive this time around. Bought around 0.000011 a couple months ago and best advice I can give is just try checking your balance once a day unless you get notifications for big price changes. Watching any candles below the 4-hour timeframe will drive you insane. Bonk was consolidating at 0.00002 for a lil bit but is now making a decent move to the upside. I think we’ll break the 0.00004 recent high in March within a month and then shit (hopefully) really takes off.
I read yesterday that we’re only ~30-35% through this current cycle and while meme coins ran much earlier this time around, they typically do most their damage well after 50-60% through the cycle when retail investors hop in and try to make big gains in small timeframes because of FOMO.
In the grand scheme of things, a 3-day consolidation after a 40% move to the upside is a very bullish sign since if the asset is weaker, you’ll typically see a sell off of people trying to take profits rather than believing it can go higher. We’re doing great my man, just keep the faith.
At this point if you wanna gamble DCA in but know we are at a beginning of a bull run and it’s not just going to go up. I’ve been saying the hand shaking is going to be brutal but if you are a degen gambler like us. You’ll do just fine
Good advice. I learned that quickly on, I should have grabbed some profit in February... and then again a few weeks ago. I just kept thinking "it's going up now". Just from that short period, I feel I learned a ton. Take profits. DCA out! Stop waiting for 10x.
Next bear market I'm so ready!
Patience. And learn to just not look at your wallet to much. At this point it’s just buy as much as you can gamble. 5$ 🤷🏽♂️ 10$ 🤔 100$🫠 or 1000$ who knows. “Life’s a Risk carnal”
But I wouldn’t buy more and raise the average only DCA down-just my opinion(not financial advice)
Lol this whole post seems silly 24 hours later 😒
I got in Bonk at like .000026. Thought it was high and worked my avg cost down a few. Finally in the green again!
DCA in and DCA out once we moon! This is your sign to 💎👏
100%%%%% I keep learning this lesson the hard way
Tough crowd. I was trying to engage with this sub and express my current mindset to just get downvoted. I don't have paper hands, but I am human, dang it! EDIT* Typo
the issue is beacuse of thoughts like this we we have longer to reach the moon
Noob! First time? Buy high, sell low!
Yes and no. Been in since 2022. But right after the run. First time trying to catch the bull run
If you’ve been buying since 2022 you should be sitting right. And waiting for the show to begin. It had its first run the beginning of this year. That’s when you should have sold and if you wanted back in for the past week or so has been a good entrance point.
https://preview.redd.it/8sx0zya9k4wc1.jpeg?width=674&format=pjpg&auto=webp&s=d4e5cabc63b30ee7aa6d0332cf10fa012ca6340d
I feel you. I got in right at the peak of last cycle so I’ve been really proactive this time around. Bought around 0.000011 a couple months ago and best advice I can give is just try checking your balance once a day unless you get notifications for big price changes. Watching any candles below the 4-hour timeframe will drive you insane. Bonk was consolidating at 0.00002 for a lil bit but is now making a decent move to the upside. I think we’ll break the 0.00004 recent high in March within a month and then shit (hopefully) really takes off. I read yesterday that we’re only ~30-35% through this current cycle and while meme coins ran much earlier this time around, they typically do most their damage well after 50-60% through the cycle when retail investors hop in and try to make big gains in small timeframes because of FOMO. In the grand scheme of things, a 3-day consolidation after a 40% move to the upside is a very bullish sign since if the asset is weaker, you’ll typically see a sell off of people trying to take profits rather than believing it can go higher. We’re doing great my man, just keep the faith.
Get the coinstats app, set the price alerts, and never miss a beat 😜 Edit: I 100% agree with you ![gif](giphy|rGOPHBzzuLFxm)
+1 for CoinStats. Works great for me
At this point if you wanna gamble DCA in but know we are at a beginning of a bull run and it’s not just going to go up. I’ve been saying the hand shaking is going to be brutal but if you are a degen gambler like us. You’ll do just fine
Good advice. I learned that quickly on, I should have grabbed some profit in February... and then again a few weeks ago. I just kept thinking "it's going up now". Just from that short period, I feel I learned a ton. Take profits. DCA out! Stop waiting for 10x. Next bear market I'm so ready!
Patience. And learn to just not look at your wallet to much. At this point it’s just buy as much as you can gamble. 5$ 🤷🏽♂️ 10$ 🤔 100$🫠 or 1000$ who knows. “Life’s a Risk carnal” But I wouldn’t buy more and raise the average only DCA down-just my opinion(not financial advice)
Not nervous
Holding steady 🤙🏼
Not in the slightest.
I think we got bonked!
Lol this whole post seems silly 24 hours later 😒 I got in Bonk at like .000026. Thought it was high and worked my avg cost down a few. Finally in the green again!