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49754633 No.49754633 [Reply] [Original]

Anons this is my first purchase in anything investing wise, poorfag here so I bought 1 BTC at 23K with all my life savings. I'm already down almost 3K and I'm sick to my stomach. Should I hold or sell to cut my losses? Every one is saying we're breaking 20K. Thanks.

>> No.49754700

what you did not understand when we say wait for the bottom?

>> No.49754714

No matter what you do, you will not find peace until you get over your paper hands

>> No.49754790

>>49754700
I thought 23K was the bottom.

>>49754714
how do I strengthen my hands?

>> No.49755837

Aaaaaaah I dunno what to do help a branlet here pls

>> No.49755862

lock your pkey in a 10year timecapsule and thank me later

>> No.49756210

>>49755837
Do not sell, wait.

>> No.49756362

Chill. I went in at 28k. Just forget it for month at a time. Never invest more than you can afford to lose.

>> No.49756422
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49756422

>>49754633
You already bought it high and now you wanna sell low? Sorry OP but YNGMI. The most logical thing to do if were you is to bag held for a few years or until BTC is at a new ATH.

>> No.49756581

>>49754790
By not selling, you're in it now, just wait and spend your time doing more money and getting better at a skill, don't stare at the charts all day.

>> No.49757224
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49757224

>>49754633
nobody knows what the market will do, thats outside of your control.
my advice to you is to forget about crypto for a year.
also, another thing that might help is if you grew up and stopped being a faggot.
if you sell now and it goes up ur gonna fomo back in at a local top, and when it inevitably dumps shortly after you will panic sell again.
that pattern of behavior is the best way to lose everything.
if you are too much of an hysterical cunt to stomach the volatility just forget about crypto for a while.

>> No.49757262

>>49754633
OP! I'm gonna need you to panic sell, to me, when it hits the bottom ok? Thanks in advance!

>> No.49757420

>>49754633
Just wait. It will go higher one day. It might take awhile. It might even take years, but it will happen.

>> No.49757507

>>49754633
You picked your path when you bought 1 BTC all at once instead of entering in tranches. I would say from here, save money to buy more in case BTC falls significantly (say, to 15K) to lower your overall cost-basis, and then you can unload back down to 1 BTC later at a higher price. Don't get greedy, know your buy/sell prices, and act accordingly

>> No.49757527

>>49754633
there is no bottom

>> No.49757563

>>49754633
I bought stonks right before russkies started shitshow in Ukraine.

>> No.49757668

>>49754633
Honestly you should just sell because you obviously cannot handle bitcoin if you’re freaking out about a 1-2% loss. Also where we at in the market right now is early in what will likely be a long multi year bear market, I don’t think you’ll be able to hold until the next bull market even if we don’t break below 20k.

>> No.49757940

>>49754790
people is saying over and over again that the bottom is going to be between 17 and 13, now you have too wait like 1 or 2 years before sell

>> No.49758072

>>49754633
Tard. Buy and forget. Would've recommended Eth more though