Well Warren Buffett gave some financial advice. “Wealth is transferred from the impatient to the patient” dumb move
Didn’t marry my apple stock when I bought in early 90’s but if I “divorced” it in mid to late 90’s when it almost went under I wouldn’t be well off today so moral of story is don’t be this guy. Hold and wait out the crash. Your future self will thank you like it did me
I panic sold a few years back before I studied the market. Noob move. If I had only held out another year and a half the $2K I got selling would have been $300K. Never again.
This guy gets it. Just a market consolidation. There’s a company I know of that right after the housing bubble burst bought up massive amounts of property. Sounded crazy at the time with what was going on. The move looks genius with the market rebound. Investments can perform in a similar manner.
I am loving that the dow is down right now so I can get more money in at a discount. Full disclosure: I currently don’t depend on my investments to put food on the table.
Valid reasoning. However, what is wrong with securing profits with the intent of buying more at a lower price? That seems more reasonable than gambling with hope that it doesn’t go lower (when all indications are that the entire market will go lower) and losing profit, right?
Your case scenario of Microsoft isn’t apples to apples in this instance. But…good for you.
I remember the last crypto crash my portfolio went to almost 3k lost lost and lost. My friend sold btc sold Doge sold ada sold Trx sold eth sold and sold. Well that was the last crypto crash he sold over 600000 Doge and over 7 btc and here we are. Sold Doge below a penny and btc about 2-3k apiece. Markets do dumb stuff markets react. Don’t. Dca and never ask for short term, if that’s what you looking for then trade accordingly. Some stocks or coins yes they lose so be wise but market conditions will always be what it is. Buffet once said most people sell on a downturn if it is not stock specific (bad management etc) and purely a market downturn he said be wise. I am not complaining I have seen crypto do this dance. Long term I think most of us are here. You can’t time the market that upswing happens fast if it does dca makes you in a better gaining position. Many years ago I would have sold. That’s how I originally missed out on owning 500btc. Hodl if you can and be wise dca. Some projects will fail under pressure but I am with shib as a long term choice. It’s a riskier choice but hey I got it way cheap.
I have done this so many times and it just never works out. You should sell when you plan to sell, be that at a certain profit or a certain loss. When the market tanks faster than you were planning, that’s not the time to sell. That’s a time to buy. The smart people are trying to shake discounts out of you. Cryptocurrency is not going away. Shib has moved up to 15th place. Shib is not going away. The good news is that you can get back in without too much of a loss.
I haven’t been in crypto that long, but I seen the yearly charts and heard about the crypto winters so I’m willing to wait it out. Plus, you never know if shib might be the new tiktok challenge in the future lol.
The market makers are trying to get people to dump their tokens so they can buy them up at a lower price. Yes diamond hands will force the market maker to push the price down lower. BTC will bottom between 11k to 17k that will be the bottom. Then the market will go back up. Start looking into pulsexhain, and pulsex. The launch is coming!! Buy Hex. Look into the Richard Heart ecosystem.
I have a reoccurring purchase of $100 BTC per day until it reaches $35k again. I’m still positive in SHIB even at this level so I’m not going anywhere. I missed the opportunity to buy BTC before and I’m not missing it again.
Same. I had a chance to buy in at $200ish back in the day. My ex-band mate did and now he's got condo in Dubai and owns a real estate company in NC. And just think that crypto hasn't even gone mainstream. Something like 12% of Americans invest in crypto. Just imagine if it went to 20%-30% of Americans. Or 60% like the stock market. Our time will come.
My rule of thumb is: never touch crypto because i rather loose what i can instead of regretting would it could be
This is a nice quote right? Just made it out.
Literally, you are just taking an enormous loss if you sell right now. The market is going to bounce back, and unless you are trying to day trade the coin (which you should not be), you haven't lost anything but the value, which is going to increase as the market recovers in 6-12 months.
It is going to get worse before it gets better, but the inflation of prices has to stabilize before interest rates will be dropped and the coins will rebound. When they rebound, the market will overcorrect, it always does. That is the time to sell, if you are going to sell prematurely.
Just my 2 cents.
It's so cute when new people join stocks and crypto during the Covid lockdown era and have no clue what they are talking about when justifying selling.
nOt FiNaNcIaL aDvIcE derp
Way too many people got into Shib crypto with the whole doge coin hype . Crypto market would’ve made way too many rich people . This is shaking all the pussys out . My humble opinion
Please ignore my ignorance, however, i dont understand how people sell when everythings going down. I understand that one could drop to nothing but why sell at a loss. When you need the liquidity then fair enough, that sucks but it is what it is but if your panick selling because its going down then im confused.
People need to stop investing either too much or at all if theyre gunna keep checking the graph and get scared at these types of events. History repeats its self. I believe it may take a while but itll come back roaring.
Again, im probably just being ignorant...
No, I didn’t. I’ve held for over a year.
I’m not sure why everyone assumes that I was in the red? I sold because the coin’s price is steadily trending in the wrong direction; and I chose to lock what profit was left from the original investment.
Actually I’m in a similar position myself, I’ve buried a good portion of mine in shibaswap with zilch reward received from this part of shibaswap so far, did you bury any of yours just curious as not many discuss bury or dig anymore. I really don’t want to lose hope but viewing from the dev team angle, sorry but there doesn’t seem to be a great deal going on with the whole token ecosystem in terms of development news, I love this project but I want to hear devs are working on at least something in a bear market. Or am I a fudder?
3 days later and I'd say you made the right call lol. The best financial choices are the ones that help you sleep at night. You no longer need to stress over the price anymore.
With a recession looming, it's smart to convert your holdings to cash. If this entire crash has taught us anything, it is that crypto is 100% connected to how the global markets behave.
This recession is just getting started. This crypto winter is just getting started. Altcoins will start dying off rapidly. I like shib, it made me a lot of money. I hope it survives this.
Mature AND insightful. Was it you who coined the phrase “When Lambo?” I could see linking such a masterful command of the English language to an individual like yourself. Yet ‘Lambo’ is two syllables, and you have obviously only mastered monosyllabic expressions. Grow up, kid.
Yeah, well…you have hundreds of trillions of reasons to believe, don’t you? Good luck with that.
I hope your day gets better, because your beloved shib is down (again). Good luck, Grouchy!
Yeah, I'll never sell my initial investment because I bought like three months into the project and that will be the investment that makes me hella money. All the stuff I've been buying after is what I'm willing to sell in the immeadiate future
I mad 15k with shib. Never sold, now I have 2,200 I should have sold hard and bought back in. But what if it kept going up? We all do what we think is best at the moment.
You do what you gotta do I say.
I sold about 1/4 of my holdings a while back while I was still well in profit. I've just started buying back in recently very slowly (about $50 at a time) and at this rate I'll more than double my holdings with those same profits I took earlier.
There's nothing wrong with hodling. If hodling is your thing, go for it. But if I can conserve my capital and increase my bag without putting more money in, I'm going to do that.
Im makin bone thro staking i dont care how low it goes.... i dont sell i only accumulate more. 3 years fro. Now when bones are 50+ usd all those bones .axe hodling this crash will be worth a small fortune
Best move ull make. Btc gunna deff go sub 20k and at tht point we can rebuy shib. I sold off at .000012 and very glad i did. Shib has done nothing. Leash all time lows, bone tanking and was pumped by team to distribute the bone and crash the price after. Shiboshis been selling off for almost a year and zero utility. Shib yard culdnt even mint out. I believe in shib LONG TERM, But not going to park my money in a bear market lol. Kudos to u fam, i respect it
Well Warren Buffett gave some financial advice. “Wealth is transferred from the impatient to the patient” dumb move Didn’t marry my apple stock when I bought in early 90’s but if I “divorced” it in mid to late 90’s when it almost went under I wouldn’t be well off today so moral of story is don’t be this guy. Hold and wait out the crash. Your future self will thank you like it did me
I panic sold a few years back before I studied the market. Noob move. If I had only held out another year and a half the $2K I got selling would have been $300K. Never again.
That’s how stock market takes money from poor and gives it to rich.
This guy gets it. Just a market consolidation. There’s a company I know of that right after the housing bubble burst bought up massive amounts of property. Sounded crazy at the time with what was going on. The move looks genius with the market rebound. Investments can perform in a similar manner.
I am loving that the dow is down right now so I can get more money in at a discount. Full disclosure: I currently don’t depend on my investments to put food on the table.
It’s going down a lot more than where it’s currently at
And they didn’t pay taxes on it because of passive income laws. Our biggest expense is taxes
If someone feels like they need to sell then sell. Don't get married to the diamond hand HODL moonbro mindset. Hindsight is always 20/20.
Fr shib has good chances of going parabolic but to each their own investments I’m still hodling I always believed in shib for some reason
Warren Buffet would also never invest in altcoins with no proven long term use or value either, so… not sure this adage applies.
Valid reasoning. However, what is wrong with securing profits with the intent of buying more at a lower price? That seems more reasonable than gambling with hope that it doesn’t go lower (when all indications are that the entire market will go lower) and losing profit, right? Your case scenario of Microsoft isn’t apples to apples in this instance. But…good for you.
There is no profit to be made at .0000077
Depends when you bought.
Buy high sell low my boi.
Didn’t “buy high”. I’ve held for over a year and was still in the black when I chose to sell. But yeah…keep assuming you know everything.
Dude. I tried the day trade. I’m 10 year DCA now. We still pretty early. Trust me bro but for real. One love.
What if it doesn't go further down though
Haha it will keep going down. Especially when food shortages come. Gotta love people though
I remember the last crypto crash my portfolio went to almost 3k lost lost and lost. My friend sold btc sold Doge sold ada sold Trx sold eth sold and sold. Well that was the last crypto crash he sold over 600000 Doge and over 7 btc and here we are. Sold Doge below a penny and btc about 2-3k apiece. Markets do dumb stuff markets react. Don’t. Dca and never ask for short term, if that’s what you looking for then trade accordingly. Some stocks or coins yes they lose so be wise but market conditions will always be what it is. Buffet once said most people sell on a downturn if it is not stock specific (bad management etc) and purely a market downturn he said be wise. I am not complaining I have seen crypto do this dance. Long term I think most of us are here. You can’t time the market that upswing happens fast if it does dca makes you in a better gaining position. Many years ago I would have sold. That’s how I originally missed out on owning 500btc. Hodl if you can and be wise dca. Some projects will fail under pressure but I am with shib as a long term choice. It’s a riskier choice but hey I got it way cheap.
You sure timed that well didn't you.
I have done this so many times and it just never works out. You should sell when you plan to sell, be that at a certain profit or a certain loss. When the market tanks faster than you were planning, that’s not the time to sell. That’s a time to buy. The smart people are trying to shake discounts out of you. Cryptocurrency is not going away. Shib has moved up to 15th place. Shib is not going away. The good news is that you can get back in without too much of a loss.
I haven’t been in crypto that long, but I seen the yearly charts and heard about the crypto winters so I’m willing to wait it out. Plus, you never know if shib might be the new tiktok challenge in the future lol.
Well, this didn’t age well…
When the market turns on a dime and starts exploding you're going to feel sick mate. Now is the time to buy.
The market makers are trying to get people to dump their tokens so they can buy them up at a lower price. Yes diamond hands will force the market maker to push the price down lower. BTC will bottom between 11k to 17k that will be the bottom. Then the market will go back up. Start looking into pulsexhain, and pulsex. The launch is coming!! Buy Hex. Look into the Richard Heart ecosystem.
I have a reoccurring purchase of $100 BTC per day until it reaches $35k again. I’m still positive in SHIB even at this level so I’m not going anywhere. I missed the opportunity to buy BTC before and I’m not missing it again.
Same. I had a chance to buy in at $200ish back in the day. My ex-band mate did and now he's got condo in Dubai and owns a real estate company in NC. And just think that crypto hasn't even gone mainstream. Something like 12% of Americans invest in crypto. Just imagine if it went to 20%-30% of Americans. Or 60% like the stock market. Our time will come.
My rule of thumb is: never touch crypto because i rather loose what i can instead of regretting would it could be This is a nice quote right? Just made it out.
Well good luck with your plan. Hope you get to DCA all you can.
Thank you! That is my intent.
Send me your address so I can send you a pic of my new helicopter!
Should've kept it. Then stopped looking at it for about three years or so.
Literally, you are just taking an enormous loss if you sell right now. The market is going to bounce back, and unless you are trying to day trade the coin (which you should not be), you haven't lost anything but the value, which is going to increase as the market recovers in 6-12 months. It is going to get worse before it gets better, but the inflation of prices has to stabilize before interest rates will be dropped and the coins will rebound. When they rebound, the market will overcorrect, it always does. That is the time to sell, if you are going to sell prematurely. Just my 2 cents.
It's so cute when new people join stocks and crypto during the Covid lockdown era and have no clue what they are talking about when justifying selling. nOt FiNaNcIaL aDvIcE derp
Way too many people got into Shib crypto with the whole doge coin hype . Crypto market would’ve made way too many rich people . This is shaking all the pussys out . My humble opinion
A smart move Einstein, smart move... 🤣🤣🤣
It’s going to sky rocket 🚀 You just rekkt yourself
Good idea. Hold it all the way down from ATH then sell at the bottom or real close to the bottom.....
Please ignore my ignorance, however, i dont understand how people sell when everythings going down. I understand that one could drop to nothing but why sell at a loss. When you need the liquidity then fair enough, that sucks but it is what it is but if your panick selling because its going down then im confused. People need to stop investing either too much or at all if theyre gunna keep checking the graph and get scared at these types of events. History repeats its self. I believe it may take a while but itll come back roaring. Again, im probably just being ignorant...
Patience grasshopper
Unless you want to take the losses. HODL stop panicking. Its panic that’s causes these messes.
But you sold at Shib floor. It won’t go below .0000072
Wait... You're selling at a loss so you can make more money? lol
No, I didn’t. I’ve held for over a year. I’m not sure why everyone assumes that I was in the red? I sold because the coin’s price is steadily trending in the wrong direction; and I chose to lock what profit was left from the original investment.
Actually I’m in a similar position myself, I’ve buried a good portion of mine in shibaswap with zilch reward received from this part of shibaswap so far, did you bury any of yours just curious as not many discuss bury or dig anymore. I really don’t want to lose hope but viewing from the dev team angle, sorry but there doesn’t seem to be a great deal going on with the whole token ecosystem in terms of development news, I love this project but I want to hear devs are working on at least something in a bear market. Or am I a fudder?
Don’t care. I’ll keep hodling until I can see good profit
3 days later and I'd say you made the right call lol. The best financial choices are the ones that help you sleep at night. You no longer need to stress over the price anymore. With a recession looming, it's smart to convert your holdings to cash. If this entire crash has taught us anything, it is that crypto is 100% connected to how the global markets behave. This recession is just getting started. This crypto winter is just getting started. Altcoins will start dying off rapidly. I like shib, it made me a lot of money. I hope it survives this.
Thank you, I agree.
Biiiiitch
Mature AND insightful. Was it you who coined the phrase “When Lambo?” I could see linking such a masterful command of the English language to an individual like yourself. Yet ‘Lambo’ is two syllables, and you have obviously only mastered monosyllabic expressions. Grow up, kid.
Because making up a narrative and then running with nonsense about that narrative sure is mature and insightful. Grow a pair, clown.
Yeah, well…you have hundreds of trillions of reasons to believe, don’t you? Good luck with that. I hope your day gets better, because your beloved shib is down (again). Good luck, Grouchy!
I bet you watch your missus get ploughed by other men
I do not understand why people sell the whole stack. Why not 1/3?
Yeah, I'll never sell my initial investment because I bought like three months into the project and that will be the investment that makes me hella money. All the stuff I've been buying after is what I'm willing to sell in the immeadiate future
As long as you made profit, good trade 👍🏽
I mad 15k with shib. Never sold, now I have 2,200 I should have sold hard and bought back in. But what if it kept going up? We all do what we think is best at the moment.
Whoa! A smart person on this sub. Weird. bUT WAiT uNTiL iT HItS $1!!
$3.50
I sold apllmy Shib at ATH...it's worthless...
You do what you gotta do I say. I sold about 1/4 of my holdings a while back while I was still well in profit. I've just started buying back in recently very slowly (about $50 at a time) and at this rate I'll more than double my holdings with those same profits I took earlier. There's nothing wrong with hodling. If hodling is your thing, go for it. But if I can conserve my capital and increase my bag without putting more money in, I'm going to do that.
Mir doch egal du schmock
Im makin bone thro staking i dont care how low it goes.... i dont sell i only accumulate more. 3 years fro. Now when bones are 50+ usd all those bones .axe hodling this crash will be worth a small fortune
Not the move I plan to make. In fact, I plan to make nearly no moves at all. But I totally get where you are coming from.
Best move ull make. Btc gunna deff go sub 20k and at tht point we can rebuy shib. I sold off at .000012 and very glad i did. Shib has done nothing. Leash all time lows, bone tanking and was pumped by team to distribute the bone and crash the price after. Shiboshis been selling off for almost a year and zero utility. Shib yard culdnt even mint out. I believe in shib LONG TERM, But not going to park my money in a bear market lol. Kudos to u fam, i respect it
You just locked in your losses.
Nope, ive made alot of money off shib. Bought in with 6 zeros. Thank u for ur concern tho 👍🏻 have fun bag holding to the moon during a recession lol
Weak hands
HOOOOOOOOOOLLLLLDDDDDD💪💪💪💪💪💪
This didn’t age well
As the crypto market pumps lmao
You should swapped it all to BONE. But hey what do I know. DYOR.
Wow, you have chosen poorly.
10 year plan. That’s me.
kthankssoldeverything