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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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11888909 No.11888909 [Reply] [Original]

how are you guys coping with the crash?
me personally? binging on andkon and miniclip games while eating haribos and shitposting.

this is probably the lowest point in my life. ever.

£300k ATH to £5k. only reason i havent kms is because im only 18 so have a good 10 years to fix this fuckup and love my family too much. if i was 30yo i dont think i would make it desu

>> No.11889034

Too lazy to get my trezor and transfer to sell at these prices. If ETF gets perma roasted and Baakt was a nothing burger ill capitulate if we are still going down. Selling now when we have that and the halving in 18 months makes no sense if you are 80% justed.

>> No.11889047

Reminding myself that I still made a profit even if its not a life changing amount like it could have been.

>> No.11889049

>>11888909
>crash
it's just a correction, come back in 5 years for the new ath, you won't get rich over night, it takes time

>> No.11889068

Gay. I bought in 2013. Forgot about it. Came back and it was worth 6k. Just hold and come back in 6 years and build a business in the mean time.

>> No.11889906
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11889906

>>11889068
Based
That's what I am doing, though it would be nice to have some capital to help grow the business. Putting all your eggs in one basket is too risky

>> No.11889956

Like I was going to spend that money on anything valuable anyway.

>> No.11889988

>>11888909
applying for a job, hold me bros

>> No.11889991

>>11888909
You are wealthy because you are young and healthy. Most important thing. Zero reason to kys.

>> No.11889999

NEVER NEVER NEVER I WILL NEVER, EVER, EVER SELL YOU CAN TAKE MY CRYPTO FROM MY COLD DEAD HANDS WE WILL NEVER SURRENDER WE WILL NEVER SURRENDER WE WILL NEVER SURRENDER TO THE FALSE SONG OF FAKE FIAT THIS IS A GLOBAL REVOLUTION AND WE WILL NOT RELINQUISH OUR NEW MONEY DO YOU UNDERSTAND?

>> No.11890007
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11890007

>>11889999
Witnessed

>> No.11890049

>>11889999
So in other words you never plan on spending it as a new currency as intended either?

>> No.11890053

>>11889999
Holy shit fucking checked

>> No.11890168

Holy shit OP... your 18? And you want to kill yourself? You were in fucking junior high like last week.

But yeah you are one dumb motherfucker to not cash out 150k or even 60k once that 300k dropped down to 250k.

How fucking stupid are you people?

I mean I can understand dropping 1-5k in and making it up to 40-50k and then it drops to 25k and then continue to hang in because you really can't cash out enough oif you have between 25-50k to make a difference in your life.

But your fucking 18 and have over a quarter of a million dollars and you don't cash out even just 100k which is only 1/3rd of your amount where that 100k could easily last you 3 years of fun. Or re invest into something else.

Fuckinf morons Jesus Christ. How are there so many of you like this?

>> No.11890195
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11890195

>>11889999
Cheeeeeecked

>> No.11890214

>>11889999
Based and checked

>> No.11890229

>>11890168
you say that. but ive been in crypto since i was 15yo. And every month of gains after 2016 looked like a bubble. in 2017 June, it was insane. ICO's were raising literal $100s of millions. But if i cashed out then i would only have £20k. There's no way of telling the top of a bubble. So I held. And I held.

Despite knowing it was a bubble the whole time. Even in December seeing the Tai Lopez ads, there was still a good chance the gravy train could keep on running and bitcoin would pull another 3-10x.

The only time i would ever consider cashing out is if i had $10 mill. That's enough to live on for the rest of my life on passive investment without having to ever wagecuck. My magic number.

I'm sure many other anons browsing here had the same mentality. alas, I am now rekt because of le hodl mentality. Probably never going to recover AT LEAST until 4-6 years.