Re: Bitcoins and Other Crypto-currencies
Posted: Mon Jun 13, 2022 11:45 am
Any ideas what's causing this fall?
Albear wrote:Any ideas what's causing this fall?
Curls wrote:Haha, I've watched my assets become a 3rd of the value they were over the past month or two. An 7th of the value they were at ATH last November.
Meh, there was a point when I said 'no more investing in Crypto, just let it ride' and I've done that. I stuck to my plan and it's gone pear shapped. I'll continue to watch it plummet and hope that by the end of 2023 or whenever this bear Market is over that I can take out my original investment.
I'm not sure how much down I'd be if I withdrew TODAY but probably not too much, sad thing is it's locked in until end of August. (I'd have likely withdrew my original deposits about a month ago in all honesty had it not been.)
I don't have much faith in it recovering, and I'll laugh at my own stupid self in years to come if it doesn't, but in all honesty, it's money I can afford to lose(although what a stupid strawberry floating way to lose it), so I have forgotten about it and I'm letting it ride the storm. Hopefully my patience will pay off.
I'm glad I have stuck to my guns of don't buy any more and don't buy more than I can afford to lose now. I am not tempted in the slightest to 'buy the dip' as I just can't see much sign of this stopping. I'm hoping I'm wrong, but meh, I invested in something for personal gain and I got burned, maybe it's Karma.
Stugene wrote:Curls wrote:Haha, I've watched my assets become a 3rd of the value they were over the past month or two. An 7th of the value they were at ATH last November.
Meh, there was a point when I said 'no more investing in Crypto, just let it ride' and I've done that. I stuck to my plan and it's gone pear shapped. I'll continue to watch it plummet and hope that by the end of 2023 or whenever this bear Market is over that I can take out my original investment.
I'm not sure how much down I'd be if I withdrew TODAY but probably not too much, sad thing is it's locked in until end of August. (I'd have likely withdrew my original deposits about a month ago in all honesty had it not been.)
I don't have much faith in it recovering, and I'll laugh at my own stupid self in years to come if it doesn't, but in all honesty, it's money I can afford to lose(although what a stupid strawberry floating way to lose it), so I have forgotten about it and I'm letting it ride the storm. Hopefully my patience will pay off.
I'm glad I have stuck to my guns of don't buy any more and don't buy more than I can afford to lose now. I am not tempted in the slightest to 'buy the dip' as I just can't see much sign of this stopping. I'm hoping I'm wrong, but meh, I invested in something for personal gain and I got burned, maybe it's Karma.
gaminglegend wrote:Binance have just halted all Bitcoin withdrawals. Its actions like this that will ultimately ruin the confidence in crypto in general and with the wider public. Also adds more to the idea of have your own keys otherwise it isn't yours, its the same as a bank just halting your account, one of the main selling points of Crypto that it's not controlled by a bank.
Alvin Flummux wrote:
Curls wrote:Stugene wrote:Curls wrote:Haha, I've watched my assets become a 3rd of the value they were over the past month or two. An 7th of the value they were at ATH last November.
Meh, there was a point when I said 'no more investing in Crypto, just let it ride' and I've done that. I stuck to my plan and it's gone pear shapped. I'll continue to watch it plummet and hope that by the end of 2023 or whenever this bear Market is over that I can take out my original investment.
I'm not sure how much down I'd be if I withdrew TODAY but probably not too much, sad thing is it's locked in until end of August. (I'd have likely withdrew my original deposits about a month ago in all honesty had it not been.)
I don't have much faith in it recovering, and I'll laugh at my own stupid self in years to come if it doesn't, but in all honesty, it's money I can afford to lose(although what a stupid strawberry floating way to lose it), so I have forgotten about it and I'm letting it ride the storm. Hopefully my patience will pay off.
I'm glad I have stuck to my guns of don't buy any more and don't buy more than I can afford to lose now. I am not tempted in the slightest to 'buy the dip' as I just can't see much sign of this stopping. I'm hoping I'm wrong, but meh, I invested in something for personal gain and I got burned, maybe it's Karma.
Work have banned me from seeing this image. It must be super nawty, shame on you.
Curls wrote:Curls wrote:Stugene wrote:Curls wrote:Haha, I've watched my assets become a 3rd of the value they were over the past month or two. An 7th of the value they were at ATH last November.
Meh, there was a point when I said 'no more investing in Crypto, just let it ride' and I've done that. I stuck to my plan and it's gone pear shapped. I'll continue to watch it plummet and hope that by the end of 2023 or whenever this bear Market is over that I can take out my original investment.
I'm not sure how much down I'd be if I withdrew TODAY but probably not too much, sad thing is it's locked in until end of August. (I'd have likely withdrew my original deposits about a month ago in all honesty had it not been.)
I don't have much faith in it recovering, and I'll laugh at my own stupid self in years to come if it doesn't, but in all honesty, it's money I can afford to lose(although what a stupid strawberry floating way to lose it), so I have forgotten about it and I'm letting it ride the storm. Hopefully my patience will pay off.
I'm glad I have stuck to my guns of don't buy any more and don't buy more than I can afford to lose now. I am not tempted in the slightest to 'buy the dip' as I just can't see much sign of this stopping. I'm hoping I'm wrong, but meh, I invested in something for personal gain and I got burned, maybe it's Karma.
Work have banned me from seeing this image. It must be super nawty, shame on you.
I came back online specifically to look at this. I thought it'd be fun but as always from you it's a bit bitter and mean. I am always down to earth, open, happy to take advice and be criticised, but your bitter constant posts are getting irksome. Chin up a bit, you're ruining the vibe, you'll get your house eventually mate.