/biz/ - Business & Finance

I give up... the bull run is almost over and all I made was 30%. “Just HODL!” They said... well what do I do now? Being serious.

I give up on this fucking thing. I was all in on UNI before I bought ETH. I would have made a 6x by now if I had just stuck with it... instead of went all in on ETH and literally NOTHING happens the entire month. Meanwhile I’m watching all my previous investments go to the moon. “Don’t worry it’ll pump! It’s consolidating! It’s a bull flag! It took BTC a while to break all time high as well! It’s just price suppression so whales can buy in at a discount!” I’ve heard every excuse. The truth is, this thing is old news. Sure the entire market is built on top of ETH, but if you watch the recent movement of the market today, you’ll see ETH constantly selling off every bit of momentum it gets. While XRP, which was delisted by major exchanges mind you, gets a 2x in as little as a day. WTF is wrong with ETH? It doesn’t pump with BTC, doesn’t pump with Alt coins. It’s the black sheep of the crypto space. I think there’s one other asset on coinbase that is doing worse percentage wise this month and that’s KNC. You can’t help but feel sorry for yourself for investing in this crypto instead of like a layer 2 gem that would have made you A LOT more money. What really doesn’t make any sense is how for the entire month of January (Ethereums best month historically) every crypto analysist, every crypto YouTuber and anyone remotely associated with the space was shilling Ethereum to the moon! “2k EOM, 5k end of summer, 10k by next bull run!” This thing can’t even break all time high after getting within $50 of it. IMO there’s no way this thing has a bright future ahead of it. Instead, the charts will show a ginormous double top.

the level of pure disheartening disappointment I’m feeling is truly immeasurable. I bet it all on ETH years ago when ETH was nearing the end of its historic parabolic run. I’ve been holding since 2018 with an average price of $1340. Seeing the eth/btc chart pump this morning was the biggest relief. But switching over to the actual ETH/USD pair and seeing others sell off, I knew we weren’t hitting the mark. Youtubers have been pumping out videos like crazy lately, gushing over the potential of ETH. I was so certain I would finally be in the green. But while other assets were turning bullish, ETH/USD was weakening and selling off. How could this happen?? I’m so fucking pissed... but even more, I’m so fucking disappointed in this thing.

Apologize.