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22290172 No.22290172 [Reply] [Original]

I invested close to $1,000 into DOT but every time I did, literally every time, the price would go down. Didnt matter if the price had just fallen for 4 hours or pumped had just started pumping. I literally watched my $1,000 just dissapear before my eyes. I just started getting into this a month ago and finally found the courage to make my first purchase. Well now my $1,000 is down to $292... Is this what cryptocurrency is really all about? This feels like a scam or something....maybe Im just really really unlucky...

>> No.22290178

Put more in

>> No.22290225

yes.

>> No.22290246

>>22290172
Put a thousand in LINK, forget dot, link and crypto for a year. Come back next year and enjoy your 1m usd!

>> No.22290247
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22290247

>>22290172
I know right? I lost like, 4000USDT by making bad decisions. But don't worry, you can regain it, just don't worry too much. Just put your money into a stock you REALLY believe in and that you checked its basics and then just wait and you'll make that money back in no time; don't worry.

>> No.22290251

>>22290178
That's literally all I had saved up in my savings! I read about Polkadot on this news site and thought about just putting in 1k and letting it soak for a while... well I got off to a rocky styart cuz I panic sold. Everytime I thought I bought in, it just kept dumping more and more. I mean I have had better luck at the casino on a bad night then ive had in crypto so far... not sure if any other newbies are getting destroyed too but this sucks...

>> No.22290261

>buying a 5 bil market cap coin during price discovery phase

>> No.22290287
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22290287

>>22290251
I got absolutely wrecked by this crash but don't worry, you can make it bro.

I could advise you since you have already lost much of your initial to do something more risky to try regaining some. I'd recommend putting it into a leveraged DOWN token and waiting for ONE OR TWO DAYS and then selling it at a profit IMMEDIATELY. We're about to have a huge crash again and you can make really big profits with leveraged tokens and since you're not gonna be putting in much you might just as well do it, right? I mean, there ain't much else to lose right now, right? You might as well making a huge profit and getting your money back, but by then put your money into a safe asset and just wait.

>> No.22290320

>>22290172
sir, may I suggest trying ARPA instead? didn't follow BTC down. much gains

>> No.22290340

>>22290172
Why did you invest in DOT? What was your reasoning behind it?

>> No.22290386

>>22290251

Lmao. Ah I remember my first time as crypto brainlet. I would buy overbought and high mcap projects thinling they’re the ones to go for and get rekt. Most gains are made woth low market cap projects brainlet. Do more research before you lose even more money.

>> No.22290415

>>22290340I read that it jumped up to the 7 spot on the top 10 and so i did some more research on it. Watched a couple youtube videos and a lot were saying this thing was gonna take off to $8-$9 and these werent old videos, they were pretty new so i figured I could make double what I put in. Apparently, its gonna "change the crypto landscape" and of course I fell for it.

>> No.22290438

>>22290386
The only advise that I really ever got before investing was "buy low sell high" and "buy the dip" so I did exactly that. I bought right after this recent dump but every time I bought in, the price would just crash even more. I fell asleep at my computer last night wondering wtf I did wrong. I panic sold for the last time and when i woke up, the price had gone up almost $1. Talk about getting absolutely rekt in all holes

>> No.22290445

Just hold it for a few years. Its a good project.

>> No.22290503

>>22290172
Ladder your buys every week if you are a poorfag.

>> No.22290529

>>22290172
That's you:

https://youtu.be/61Q6wWu5ziY

>> No.22290559

>>22290529
it really does feel like that sometimes

>> No.22290637
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22290637

>>22290438
You can recover that easy my friend. Put your money in LinkDOWN right now if you want to do something risky too. It's not like you're gonna lose much anyway now lol.

>> No.22290670

A coin entered at the 5th place marketcap and you thought "what a great opportunity to get in"? Do you understand tons of early investors have made 10x plus on this and need exit liquidty?

>> No.22290685

>>22290172
>invested
no, you bought.
you invest when you have an idea wtf you're doing and you, clearly, don't.