What have you learned from this crash?

I’m really glad I never told my family to invest.

Always sell your shit before going to sleep if daytrading

I set a sell order on IOTA like 5% up from when I bought, went to sleep, was 30% down
now only 20% down thankfully

How to spot a newfag 101.

Stay poor

Never recommend anyone invest. If I ever talk about crypto I try to dissuade them during the conversation and tell them that it's pretty much the same as gambling. I don't want anyone to blame me for losing their money. People can become very petty

Traders are retards, trying to outsmart other retards. It's all going to go up much further than this, so why are these retards constantly crashing the market on each other?

Buy what you believe in and hodl. If you are too retarded to make good choices that stand the test of time then go do something else.

>hurr I'm too dumb to trade so traderz r stupid

I expected this to happen so I told my girlfriend I invested just $300 to test the waters , in reality I spent $12.k she didn't Know i had .

This so fucking much. Two weeks ago I basically had to tell my family I made money from crypto as they wondered how I'm going to pay for my 6 month holiday next year. So my dad tells his coworkers about crypto and he told me they bought bitcoin a few days ago

nothing

>What have you learned from this crash?
Nothing I didn't know already. It's the same as 6 months ago.

New investors are afraid and are already running around like headless chickens ready to dump their losses.

Hopefully I get the timing right this time to catch the dip and make big $$$.

Normies go home pls.

>talking to anyone about crypto ever

I seriously don't understand you salty retards, this is literally your chance to make money by buying the dip, but nope you waste time gloating.
As soon the market fixes itself you'll be back to being a butthurt fag saying this shit will crash.

You guys are all bark, no shit you're wageslaves.

>crash

nocoiner...

what crash? It's not even 50% down.

I'm really glad I told them to invest and they did 2 years ago. We a rich senpai now.

Told my 2 older brothers to invest when ETH was 40$ but they said it was a ponzi so fuck those assholes

>tfw self-employed
>stable monthly income, my own work hours, on projects I enjoy
>make a cup of coffee every morning, open Veeky Forums for daily dose of comedy
Those who chase easy money for no work will find themselves working very hard to lose everything, faggot. You bums will always lose.

>roommates notices i am looking at charts on my laptop
>have to explain i am investing in bitcoin
>oh our economics professor in uni talked about that today
>he said it's a huge bubble and it will crash any day now
>tell him people have been saying that for years
>he acknowledges that his professor said the same thing a month ago
>asks me how much i invested
>lie and tell him 200 when it's 5000 and truthfully say i trippled my investment
>loses his shit like this is the most insane thing ever
>immediatly tells me to sell, i would be dumb not to
>that conversation happened at never brings it up again

Every single person i talked to about this, which weren't that many, told me i'm an idiot and will lose my money. None of them ever spoke of it again.

But you did lose your money. Bitcoin just crashed.

This

I told them to invest ages ago when it was still worthwhile and warned them of the risks

Get in early and get out soon after the media catches on

those are cucks user. They dont take risks

i learned that when bitcoin crashes, alts rebound faster

when alts rebound, every coin will be 50%+ on the first 24 hours of recovery

>implying its impossible to preserve and multiply money in crash.

Also i learned to listen to my instincts and don't pussy out

I learned that my Technical Analysis skills are top-tier

I learned to buy the dip and not freak out because my entry price is so low I'll literally never lose money.

I was going to start getting into investing, and I'm glad the cryptocurrencies crashed before I got into them. So yeah, I'm just gonna invest in silver.

>talk to family about my investment
>user bitcoin is very volatile, you can lose everything!
>yeah i know that but my life sucks and this is the only chance (didn't actually say that)
>say that you can't make money without taking risks
>they just nod and walk away

what I learned?
You win some, lose some, it's all the same to me.
fuck no coiners

gonna wait til it drop to 10k then buy it the fuck up.then it'll rise back up to 20k and i'll make mad gains and buy a fucking house.

that i wont reach my target before eoy.
as for the crash itself thats just normal happens every month.

A Ponzi scheme is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. Operators of Ponzi schemes can be either individuals or corporations, and grab the attention of new investors by offering short-term returns that are either abnormally high or unusually consistent.

Ponzi schemes focus all of their energy into attracting new clients to make investments. Ponzi schemes rely on a constant flow of new investments to continue to provide returns to older investors. When this flow runs out, the scheme falls apart.

Initially, the promoter will pay high returns to attract investors and entice current investors to invest more money. When other investors begin to participate, a cascade effect begins. The "return" to the initial investors is paid by the investments of new participants, rather than from profits of the product.

Often, high returns encourage investors to leave their money within the scheme, so the operator does not actually have to pay very much to investors. He simply sends statements showing how much they have earned, which maintains the deception that the scheme is an investment with high returns. Investors within a Ponzi scheme may even face difficulties when trying to get their money out of the investment.

tl;dr Crypto coins literally are Ponzi schemes.

>Crypto coins literally are Ponzi schemes.

lol
whats the difference between IPO and ICO?
they are literally the same thing
its the same thing
people are so retarded

all assets are ponzis since value is based on the number of people that want it.
the creation of new assets (as in manufacturing) is inflationary like fiat money, all it does is depreciate the remaining assets in circulation unless the market gets bigger.
you could argue ponzis are predicated on the ignorance of the participants (ie if they all knew it was a ponzi like casinos it wouldnt be a ponzi) and that is exactly true.

Boi stahp. I see what u playin. Crypto is ez money. Anyone who not buying dip are numnuts

>crash

You mean by this opportunity? I learned to not buy any BTC when it is too high. I waited, now it is low and I can buy.

Buy low, sell high

It is very important to urinate in the sink.

undervalued

I learned to take my own advice. Told everyone to cash out and buy back in because there will be a correction, and I didn't. Oh well.

When the MSM is shilling for something sell it

This is something I’ve just learned. When I get interested in something I get a bit obsessed. Couple that with browsing Veeky Forums 24/7 and the only thing I talk about is crypto for the last two weeks. It’s quite obnoxious. I don’t really have any friends, this personality trait is likely one of the many reasons for that. Anyways. Yeah good advice. Just shut the fuck up about crypto.