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49404023 No.49404023 [Reply] [Original]

6 months of red
Should I just go back to work and forget about crypto?

>> No.49404612

>>49404023
That’s what I am trying to do. It’s hard to forget you were once a multi millionaire when you have to wage slave every day though.

>> No.49404694

>>49404612
How the fuck someone stops being a multi-millionaire from one day to another? Don’t you mfs cash out? Sell limits?

>> No.49404754

I mean, why not? It’s a decent job market. Would allow you to accumulate more or shift focus away from the market for now

>> No.49404817

>>49404694
I did neither of those things. You people who ask these kinds of questions are not paying mind to the fact that the only reason I wound up with multiple millions to begin with was because I didn’t sell or set stops. I rode each insanely volatile up or down trend for years and years and that’s the only way I got to where I was. In hindsight I had enough money but over the long term you become immune to volatility and you convince yourself “it’s coming back, probably sooner than later”. It isn’t until you truly lose made it money that you realize one day it never will and you just hope every day that time hasn’t come yet and you can get back to your ATH and actually cash out.

You literally need to make it and lose it to actually make it in this game. And you can see that’s a truth because every bull run there are a crowd of people warning anons like me and one day like you saying “I made it last bull run and didn’t cash out, not making the same mistake twice.” This will be me next run and there will be a whole army of anons seeing 7 figures for their first time thinking I’m an idiot and holding until they’re 70-80% down and sitting in my shoes now.

Or at least, that’s what I hope for. That the cycle continues, and I’m not the last of a dead generation.

>> No.49404921

>>49404817
I rode Fantom from 1c to 84c to 15c to $3.50 and didn’t sell. Those swings make me confident it will get there again. Hit $600k which isn’t where I wanted to be. It will happen again just need to be patient

>> No.49405056

>>49404921
What are you banking on this time? Would ftm go again? I think the next wave will have to do with web3 projects like Graph and Subsquid that are helping web3 developers

>> No.49405087

>>49404921
Godspeed anon. Be careful about alt coins. Very few stand up to the test of time. Not saying don’t hold alts but you need real conviction your shitcoin will survive. In any case, I hope you make it. I hope we all do.

>> No.49405326

>>49404817
Thanks for the comprehensive answer, wasn’t expecting one as such. So, what compelled you to hold onto the investments you made? Was it belief in the project behind a crypto or fundamentals?

>> No.49405388

>>49405056
I think ultimately it will. Big things will happen with FVM and I think Cronje has something up his sleeve. They’ve been quiet on what projects they are working on with other countries like their Afghanistan projects

>>49405087
Thanks anon. I was close to selling off to Btc to get out of alts but didn’t want to tax headache. Also was a bit scared of moving from crypto to fiat and here I am…. Might sell 10% as it goes up $1 to $10. Thought of this strategy a bit late

>> No.49405688
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49405688

>>49404023
go back to work, bitch!
>and remember to buy knee pads

>> No.49405696

>>49404817
6 figure hell this cycle around is absolute pain
at least back in 2018 you knew there would be another cycle and the real world outside didn't just collapse into the worst crisis in 50 years

>> No.49406066

>>49405388
Just speculations though but there's no arm buying at this point. We will see the next bull season soon. I'm confident on SCRT likewise seeing the growth of the privacy based token. They are having a big show called DCentralCon Austin about private NFTs

>> No.49406749
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49406749

>>49404023
All you need do is just wait for the bull season, for me I am adding some weight to my bag by earning from playing NFT games while having fun. The Honeyland NFT genesis minting I participated in was successful and the eggs are incubating and accumulating leader board points for prize s and giveaways

>> No.49406771

>>49404023
Should've been working the whole time ya lil bitch

>> No.49406799

>>49404817
A smart anon learns from your mistakes and lets the blunders of his frens serve to fill his plate