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56660122 No.56660122 [Reply] [Original]

i'm in the crypto game since mid 2016 and my folio is down -45%. how retard am I?

>> No.56660134

You're retarded for calling yourself and oldfag.

>> No.56660144

>>56660122
but just really HOW? You could have bought any non scam and 10x'd with ease.

>> No.56660147

How the fuck...
Tell us how you see the market now (daily, monthly), curious about it

>> No.56660152

>>56660122
https://voca.ro/19LOmb1Y5SHN

>> No.56660172

>>56660122
https://voca.ro/1d7uRAHRvPTl

the higher the pyramid, the harder it is to get the rock up there!

>> No.56660191

>>56660122
show it, I want to see what decrepit bags you're holding

>> No.56660195

I lost a lot on margin trading with big leverage, now I only do spot

>> No.56660229

>>56660195
Over many trades or just one big one that you've barely recovered from?

>> No.56660286

>>56660229
3 of my big trades got liquidated in 2017 and 2018 and I never went to green again after this

>> No.56660297

>>56660122
what do you want now? you must be holding the utmost shit, just cash out or buy some good stuff. btc/eth/link at 30/50/20% would be a decent start. now fuck off, i'll see you tomorrow

>> No.56660330

>>56660195
And that explains it. You weren’t “in the market”. You were gambling. Dumb nigger shit.

>> No.56660472
File: 6 KB, 467x108, bitmex.jpg [View same] [iqdb] [saucenao] [google]
56660472

>>56660286
Let me guess, you were gambling on Arthur's rigged casino?

>> No.56660545

I'm 53% down and I've been in since late 2020. I never played with leverage once either, I just made multiple big time bad trades on projects that seemed "promising" (ie Harmony One) that turned out to be rugs. Also falling for the HODLing meme didn't help either when the biggest losses happened during early-mid '22.

>> No.56660554
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56660554

I tried to buy Litecoin in 2013 and gave up because it was hard.

I could have had slightly more money than I do now, since Ltc is a piece of shit that never took off.

>> No.56660809

>>56660545
>mfw I stacked 700k ONE after the Binance listing back in 2019
>sold it at the start of 2020 for ALGO
>$265k at peak

>> No.56660895

>>56660195
Where did you get your initial capital from? Somehow putting $70k into crypto in 2016 seems like a lot... Although I guess you could just be adding slowly over time but are still down a lot

>> No.56661087

>>56660895
yes adding slowly over time. 49k$ in total

>> No.56661125

>>56660195
I started in early-mid 2017 with 2k and am now worth 600k (I could be higher if I didn't hold due to the fear of taxes/holding USDT back in 2018 lol).
All the people I know who started around the same time as me or before and still have tiny bags like you are almost always margin traders.

I remember gambling with 1 ETH in 2018 on Bitmex just to try, I lost everything in basically a week. I think it's basically foolish to ever margin trade in crypto due to the low liquidity (and so high volatility) combined with the information asymmetry and the fact exchanges trade against you.
It's just much wiser to use spots.

Funnily I bought early in GMX simply because of the number of degen I've seen lose their shirts on leverages. It's like investing in a casino in a sector full of gamblind addicts.

>> No.56661137

>>56661087
Nice

>> No.56661596

>>56660144
Kek but biz calls everything a scem

>> No.56661656

>>56660122
I guess you are overtrading or always taking profit too early.
You should buy the likes of UTK, ACH and CYMI, leave for the next 2 years, and I think the profits should be enough to retire you

>> No.56662197

>>56660895
Could have made more than that if he started early
>>56661656
I'm also holding CYMI, I like its crypto card. Its the perfect replacement to my Binance card

>> No.56662255

retard unless you bought ROSE which most of us oldfags did and are still hoping for the bags

>> No.56662323

>>56661125
im in a similar boat, but i started in 2013. never did margin except once with like a fraction of a bitcoin. My worth just kept growing, even as i cashed out a bit every year, pretty crazy.

>> No.56663283
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56663283

>>56660122
Retarded as fuck, cuz if you had at least half a braincell you could've made some money the past runs, and you'd have enough to get a fat kava stack to sit around until it gets to $20

>> No.56663428

>>56663283
I don't have any braincells left KEK

>> No.56663445

>>56660554
You fucking retard

>> No.56663448

>>56663283
I don't like your glasses, they look upside down

>> No.56663452
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56663452

>>56663283
Imagine if I asked kek

>> No.56663473
File: 155 KB, 600x314, 1695697473929628.png [View same] [iqdb] [saucenao] [google]
56663473

>>56663445

>> No.56663495

>>56662323
He isn't a real person, he's a fucking bot or a pajeet from a telegram the tell is in the fucking ad at the end of the post.