At 20k people told you to not FOMO, at 25k, at 28k, at 30k, at 34k,35k,38k,40k,44k they keep on telling you not to FOMO. We are in a BULLMARKET, right now!
Now that we're on the verge of the biggest bullrun in human history, people still tell you to not "FOMO".
The catalysts for a bullmarket + bullrun is clearly visible and yet people are too scared to buy.
**This is the typical behavior of those who won't make any gains and those who will FOMO when we hit 100k.**
They kept telling you to not FOMO when $14k was the bottom, they throw buzzwords like "Don't catch falling knives!" or "This is a big bulltrap!".
True fact was if you bought at 18k, then it kept dropping to 14k, the first thing you would think is that you made a "bad" decision. Those Do-not-FOMO-saying guys feel comfortable and will tell you "I told you, bro.". Same when you bought the dip at 30k when it was 34k, but dropped back to 24k...you feel miserable at first.
But if you held until now, congratulations.
We're on **crypto bullmarket** right now, there is no FOMO, it will only go up...
The only important question is how high it will go up, but we're only going up right now! Don't miss the train. You guys and me were waiting for this moment over 2 years already. This is your opportunity and grasp the wealth we deserve.
This is the dip we're waiting for, but now too scared to actually buy it
I admit that the dip shocked me at first when I woke up in the morning and casually checking the crypto charts on Coingecko. This -7.7% drop scared me.
1 week ago I was telling myself that I hoped for BTC to drop a bit from $44k, so that I can go buy some.
Now it is the time, BTC dropped to $41K....did I buy?
Nope! I am too scared now, because I expect it to drop even further.
"The correction isn't over yet.", "The Santa rally is over now.", "Tax loss harvest time is starting right now, people are selling!", "I will buy later at better prices".
All those thoughts above, yes, they are mine. Thoughts that prevent me from buying. The exact same thoughts that prevented me from buying crypto after the FTX crash (the bottom of this crypto cycle).
Now I'm sitting since then on a pile of cash (to all nigerian princes or "hot" women to DM me: no, I am not a wealthy woman!). Instead of having made profits, I made nothing. Still holding the bag since mid 2021.
The lesson I learnt: DCA and don't care about fluctuations of this ~~rollercoaster~~ crypto market.
Call me crazy but I always feel that it’s a bullish sign when you see these BIG price drops and then recovery’s, it always seems like there are some huge orders that need filling for high profile clients and so they drop the price super quickly to fill those orders and then we see the price rebound. Anyone else feel this way?
Of course you get all the “BITCOIN PRICE DROPS 5% in 30 mins” posts on social media and that itself causes a load of hype, fear, panic selling and then anger.
I dunno it just feels “normal” when there are these rapid highly manipulated moves in any market - it shows there is interest, I’m always more on edge when the price just flatlines and doesn’t do anything for a while, also add in the fact that this latest “drop” was middle of the night UK/USA time too on a Sunday when nobody is watching…..
Cosmos ATOM stakers survived the "Bear Hug" quite well, considering the free drops
As a Cosmos (ATOM) holder, it's hard not to feel a little spoiled, especially considering the plethora of airdrops that have showered down before the bear market and also recently, looking at Celestia (TIA). These unexpected windfalls have certainly sweetened the deal of holding ATOM, and it's essential to factor them into the broader picture when assessing the token's value.
Yes the price action wasn't so great in the last 18 months, but still it held up pretty great, and a lot better than other alts, even in the midst of the bear. But even in the darkest times I looked at my little bag favorably, because it gave me so many drops, that probably kept many people slightly greener then they thought, forgetting to factor in the drops they got (if they claimed in time, that is). Just to name a few of the presents Atom holders got, and there are still more to come:
​
1. **Akash Network (AKT):** Akash Network, a decentralized cloud computing marketplace, rewarded ATOM holders with AKT tokens. Roughly 5% of the total AKT supply was airdropped to ATOM holders.
2. **Osmosis (OSMO):** Osmosis, a decentralized exchange (DEX) built on the Cosmos network, airdropped OSMO tokens to ATOM holders. Roughly 10% of the total OSMO supply was distributed to ATOM holders.
3. **EVMOS (EVMOS):** EVMOS, a scalable and interoperable Ethereum Virtual Machine (EVM) compatible blockchain within the Cosmos ecosystem, conducted an airdrop for ATOM holders. Around 1% of the total EVMOS supply was distributed to ATOM holders.
4. **Agoric (AGORIC):** Agoric, a smart contract platform, conducted an airdrop for ATOM holders. Around 2% of the total AGORIC supply was distributed to ATOM holders.
5. **Celestia (TIA):** Celestia, a decentralized communication protocol, conducted an airdrop for ATOM holders. Around 3% of the total CEL supply was distributed to ATOM holders.
So bottomline, thanks CosmosSDK and ATOM. Keep up the great work and I'm toasting to a thriving IBC ecosystem. $ATOM #CosmosATOM
Before I began investing, I read a lot about the market. Bear markets, bull markets, technical analysis and fundamental analysis were all on my reading list.
I invested my money at a point I thought was good (mistake, I should've DCA'd) and let it sit.
I now see my mistake. But more importantly, I see why I learned from it. If I had put a smaller sum down, I would have learned the exact same lesson, but still had money to put in while the market moves sideways.
My takeaway from this is that you should definitely DCA slowly if your a first year crypto investor. Trust this advice from somebody who bought at the top.
"If I had bought BTC in the early 2010's at 10 cents, I would be a millionaire now". Truth is: You would have sold long before BTC reached even its 2021 ATH of 69k USD.
Seeing things in hindsight makes you feel dumb, but the real truth is that back then nobody saw it coming. Only few, very few people really believed in BTC as a store of value or whatever. If you could go back in time and told people in 2010 that in 2021 hedge funds, S&P500 companies and even insurance companies are buying billions worth of BTC at 40k+ USD and using it as a store of value, everybody would just see you as the tin-foil hat person, laugh at you and call you mad and delusional.
This is the reason why I generally feel bad for those "two pizzas are now worth X millions" posts, as if the people who traded BTC for goods in the old days could predict the future. As such, the moment your holdings were at 10x your initial investment, very, very likely you would have sold as well, or just bought that awesome thing you could suddenly acquire with magic internet money.
That being said, do not punish yourself with the "if I had" thinking. Invest what you can and hold while you can. Taking profits is not a bad idea as well.$BTC
It's been a crazy ride these past 7 years, but I'm selling…
I'm tired of holding an asset that I'm always worried will crash, is bad for the environment, could get stolen, where the network slows to crawl with even mild usage, will probably depreciate to zero value, and which barely gets used, especially in a big city.
BMW M3 2009, 4.0 V-8 Engine, 420HP, 18'' alloy wheels, Leather interior, 120k miles. Selling for .3 BTC if anybody is interested. $BTC #BTC
It is backed by nothing but the word of people who can change its value on a whim. When that value changes, entire industries are affected.
“From 2012 to 2022, investment in private U.S. start-ups ballooned eightfold to $344 billion. The flood of money was driven by low interest rates…
3,200 private venture-backed U.S. companies have gone out of business this year, according to data compiled for The New York Times by PitchBook, which tracks start-ups. Those companies had raised $27.2 billion in venture funding. PitchBook said the data was not comprehensive and probably undercounts the total because many companies go out of business quietly” https://www.nytimes.com/2023/12/07/technology/tech-startups-collapse.html
Bitcoin is backed by a powerful network of miners, and its stable rules are open for everyone to see. It’s something you can build a business, an industry, a society, a life on.
In 2021 PlanB had predicted that the Bitcoin price would be $100k by the end of the year.. but it didn't happen.
In June 2021 his S2F model was ridiculed, when [41% of voters in a poll voted bitcoin would stay below $100K in 2021](https://cointelegraph.com/news/planb-feeling-uneasy-as-41-of-his-followers-tip-100k-btc-won-t-happen-this-year) in direct contrast to his model that said it would hit $100k!
Dispite being so publicly wrong, he's not only been able to retain most of his 1.8m followers he's also got the courage to make another $100k projection for 2024.
Bitcoin is currently hovering around the $37k mark so if he's right.. you'd be looking at a 3x.
If he's wrong you'd be looking at this guy once again probably humiliating himself... it's almost win/ win!!! 😀
Argentinian president Javier Milei confirms he will shut down the Central Bank of Argentina
Argentina has had 120% YTD inflation for the argentinian peso. People's savings are already in USD. The purchase of USD is permited up to 200 USD per person per month, and even though the official rate is 1USD = 375 ARS, on the streets is 1 USD = 1100ARS. 40% of people are poor and 10% are homeless. The median salary per month is 350 USD (350.000 ARS) but the politicians earn 1800 USD (1.800.000 ARS). People can't make a living unless they have more than one job. They keep printing money for social aid but in doing that they keep making it harder for everyone. Javier Milei will try to stop printing money and use a more valuable currency. Also people use cryptocurrency a lot. I don't know what the solution is, but living with 148% YTY is not pretty.
If your crypto portfolio does a 1000x, you think you held through or sold at 5x already?
I'm a crypto investor starting back at 2016 in the middle of the bullrun. I've seen other people doing 100x and 1000x, so I also wanted it.
Even still -50%, I keep DCAing into crypto, also into altcoins.
Me, I also dream of my portfolio doing a 1000x, but I'm afraid being an impatient "paper hand" when I see my coins doing even a 5x.
What would be your strategy to endure the upwards rollercoaster?
The pre-halving year is ending soon, some day in April 2024 will be the halving. Spot ETF coming in early 2024, Santa rally will start soon. So many bullish factors for crypto is up head.
Everything is so well prepared for a bullrun in the next year, I am so hyped and hope that my and your all portfolios will be doing 1000x. We suffered this bear market so much already and I am so glad that the suffering will come to an end, a happy ending and a start for wealth.
I'm looking for someone who's better than me in math to validate my 2024 crypto trading idea.
If I were to start with $1,000 in a new crypto wallet on January 1, and only did one good trade per day making a 3% gain, would I technically be able to make it to $1,000,000 by the end of the year following this strategy? The worst thing that could happen in this case would be losing the investment entirely, but I'd be making a good amount on the positive side.
Sorry if it's a silly question, but I'm genuinely asking.
Advice and/or alternative views would be appreciated.
Im not super rich or nothing , young buck with a dream some would say, got a house , got some crypto got my dream car , got a gf thats a nurse . I am about to sell my 370z to buy into some projects. IMHO , we will not see the bull run till 150 days after the halvin .. but I want to be ready this time. I held onto ONE last run with .06 buy in and held on and lost it all. Big ol mistake not taking profits. Don't plan on that happening again. Did you guys sell any tangible assets for crypto or made big choices that could effect your life if this doesn't work out..