Let's take this opportunity to learn from others smarter/more experienced than us

if point 1 isnt clear to you brainlets:
BTC IS AN UNUSABLE SLOW HIGH-FEE SHITCOIN NOW AND LIGHTNING IS VAPORWARE

when do we buy back in user? 7,5k seems a good guess..

Sold BTC in 2011 @ 20$
Didn't sell BTC in 2014 @ 1k
2018? I'm not holding BTC anymore. But I sure as fucking SHIT am not selling.

I'm glad the worthless cunt shitcoins are being murdered.

Though it is annoying when your net worth goes from 7 figures to high 6, i admit.

Obvious. XRP and TRX. When I saw people buying into those shitcoins purely for "hodling" just so they can make money, I knew the market is fucked - purely speculation and no regard to the technologies. I'll have to admit, I did not expect the crash this early, was expecting another 2-3 months. Oh well.

I have small buys staggered on the way down. But I will wair for weeks before going all in.
In 2013 it took 3 months to go all the way down to 150$.
When this goes up again in a few days: do not trust it

>BCH

Oh no..

>1. All the fundamentals that made me buy bitcoin in 2013 are gone. BTC has a real chance of being replaced by BCH.
ohh son you got this far before you were shibbolethed as a dunning krugerite, likely with bcash bags

ETH is a far, far, FAR superior alternative to BTC compared to bcash

ETH is also an option. Both should be accumulated when the panic has settled

you faggots wanted btc to die and kept making threads about dinosaur coin, well you're getting your wish now and its taking all your shitcoins down with it, just as we told you. But noo you had to keep fuding to get that 15% extra gains out of your shit alts. Fucking retards, talking shit cause you missed the train but there wont be a second trip now

>I'll have to admit, I did not expect the crash this early, was expecting another 2-3 months. Oh well.
same. this is the dotcom bubble but on fast-forward

which means we'll expect Amazon (ETH) and Google (NEO) to rise from the ashes in a few months instead of a few years.

Ask Jeeves (BTC) and Yahoo (BCH) won't last.

>tethered
if you actually bought USDT you will lose everything soon

REMEMBER: THERE IS ONLY ONE EXIT

Nigger if it keeps hitting 13,000 over and over and the highs are lower every time it's gonna go down. Basic TA

I will be accumulating both

>implying dinocoin is getting rekt because of BCH
If faggot devs would have kept BTC somewhat fast and cheap, this bubble would have gone to 50k+ easily. Think about it core shill. Core devs did this. It would still have popped but much higher.

you shits dont get it do you. There is no crypto market without btc. Every single shitcoin value derives from its sat value. Btc being worth thousands if what gives your shitcoin any decent fiat value. Take btc out and its worth pennies

Coinex disagrees. Others will follow

im not talking about bch brainlet, EVERY alt holder this last month was talking shit about BTC, and it seems to have worked

bitcoin mempool has literally zero impact on crypto marketcap faggot

I saw profits moving from BTC into alts. Then alts mooned one by one no matter how shitty they were. Of course once an alt mooned it would start bleeding since no one would want to invest in one. That was about the time I decided to move into ETH.
Due to tunnel vision I didn't notice NEO but that was another coin people chose as a way to secure their gains. After these two finally finally mooned there was simply no coin to invest in. The only way forward was down.
Also, you could notice the hype dying down even on Veeky Forums

HELP I GOT IN EARLY JANUARY AND I DIDNT SELL ON AN X2 AND AN X3 I SHOULD'VE SOLD BUT I HOLD THINKING MY BAGS WOULD RETRACE THEN MOON AGAIN. DID I FUCK UP AND IS IT TOO LATE (ZCL AND PFR)

Oh really? You think ETH will be worth $1000 if BTC goes to 0? deluded

I actually lost money, but was also warning about the crash. Look into bollinger bands and stochastic rsi. Those two indicators will give you a hint about tops and bottoms. The weekly charts of ethereum were especially bad.

>There is no crypto market without btc
THIS IS WHAT DINOSAURS ACTUAL;LY BELIEVE LMFAO

Look kiddo, I was mining BTC in 2010. This shit is slow, expensive, inflexible and awful

It's fucking trash compared to modern tech and ETH is _ALREADY_ superior in every fundamental and technical metric

You have it backwards. They rightfzully talked shit because the core devs intentionally made bitcoin shit by preventing even the most basic of on chain scaling.
Core devs and reddit normans who support them did this to BTC. Otherwise we would have seen 50k in december.

>30$ fees
>5 - 24 hour wait for conformation
>majority of BTC wallets unspendable because sub 30$
whew

Luckily realized the entire market is controlled by whales about a week ago, have been watching closely and preparing for either direction since

Only newfags who want to try to look like oldfags measure in sats. We measure in USD now, better store of value than that shitcoin.

why would BTC be 0?

>dinosaurcoin which has already been supplanted by ETH
>b-b-b-but muh market cap (which doesn't account for the millions of lost coins like satoshi's)
L
O
L

You are an idiot

if you buy the dip, expect mariana trench right afterwards

20k was fucking huge. When it was at 18k I thought it would be soon that big investors would be cashing out their money, so I sold everything.

I had a few different coins, selling some of them was clearly losing and a shit move and I was tempted to wait until they were no longer bags, but the overall moneys were quite positive since I had entered the trade when it was 2k.

what the fuck are you loling about? I will go balls deep in both ETH and BCH at discount soon

Things just can't stay green forever, it felt overdue. No TA or memelines, just gut feeling.
My only regret is not going all in on Tether.

the thing to keep in mind about all this is patience, if you expect something to shoot up in price you buy it while its steady, if its in a rapid rise or fall you must be patient, wait and collect your money to buy during the next slow and steady period
once the rapid rise starts you stop buying and hold since you cannot predict the future and have no idea when its going to peak, buying at the peak is obviously bad
once it starts falling you sell, you will never sell at the peak you will always be on the downslope but you have to remember you aren't really losing anything if you were patient and bought during the stable period anyway

>buy $50 BTC to buy some shitcoins
>Transactions cost +$10 and take hours
>This is the future of money

>Try ethereum
>Costs like 50¢
>Takes 10 minutes

>cashing out to fiat
>or not having fiat invested in crypto since years ago
L
O
FUCKUING
L

enjoy your insane taxation and records

who the fuck cares about fiat gains
you claim to be a bitcoin og when you missed the whole point of the philosophy, you're just some shithead wow player druggie faggot who hopped on the train without understanding the slightest thing about it except "oh the price rises forever i'm so smart for HODL, haha memes". fucking mongoloid. without you mouthbreathees we'd have smart contracts on Bitcoin already which would have been BitcoinXT, instead we need to wait for the market to catch up and finally kill BTC so we collectively move on to ETH
suck on that, you cuck: i want btc to die even if it means eth going to $1 with it. we need the tumor to be removed for the crypto space to grow into what it can be, decentralized networks unbound to governments, bankers, special interest groups, redditors, etc..

>wake up
>down from 200k to 175k
>meh, tethering would be dumb, it'll go back up while I'm at work, most of my portfolio is blue chips like eth and neo anyway
>watch holdings go down another 60k while I'm at work
Kek.

This basically.

Then why do we have the option of other trading pairs on exchanges. The decoupling has been long in the making.

Your cope must be extre,e right now
I bought in 2013 and sold everything at 17k weeks ago.
Tell me again how you will profit more than me by HODLING LMAO WE DID IT REDDIT

It's all luck. All the smart/conservative investors cashed out when Bitcoin hit 8k and STILL need crypto to keep falling after a 50% drop in a week to get back in ahead.

game's pretty easy just take profit and don't let things dip out of your control.

buy my ebook

>how did you know?
Everything was pointing bearish with bitcoin going down.

Why try to time the market when you can be making easy dosh in ICOs.

I looked at the meme chart.

I heard a bunch of kids talking about emailing eachother on the train

I heard a bunch of seniors on a bus stop

My mom asked me about it

All in 1 day. I knew it was over at that point. I went home and deleted my email account.

You know that shoeshine boy story was just something that guy made up to hide his insider information right?

You never truly know. You need to just hedge when people are euphoric, and buy the blood from all the falling knives slicing up weak hands. The best decisions are done over time, weeks and months. I’ve been hedging all month anticipating a dip like this. Im still down 60k, but coulda been much worse. It’s all a cycle.

I remember last summer, I had gone all in on eth in the spring at like 80-100 dollars. It had recently peaked at 400, and crashed down to the 120s. I thought it was over. Hated myself for not selling. Well, I wish I bought more at BOTH those levels now. It’s all relative. We have no idea how 2018 will play out but i know one thing for sure—I would hate myself for being a pussy and not giving myself a chance to find out. I’d rather lose it (6 figures) than miss out on potential millions

Now you know for next year when it's 100k

I cashed out just before the crash, I even posted about it here in Veeky Forums (pic was dicaprio holding up champaign in gatsby )

How did I know?
Warning signs:
>TRX and XRP reaching insane valuations
>XRP founder comes richest man in the world
>People buying TRX AND XRP thinking it would reach $1000
>Insane manipulation of markets

Eventually we ran out of fools and norms interested in crypto to sell our bags too... the reason we won´t recover is because all norms will be permanently scarred by this dip-

After the market reaches sub 100 B levels, I will gladly reinvest all my gains in solid coins and tech. Wait 5 years, for the next bubble to form...

stfu imbecile, never claimed to be a btc anything, just in it for the money just like you. You cant buy shit with btc but it is good as an ever inflating mega bubble. Its whats making crypto be worth billions, sucker. Look at the charts now, this is all going down with it. You better cash out to fiat now lol

Im happy everything is crashing

if you buy shitcoin X for $100 in usd pairing, that $100 price tag comes from its satoshi value and the btc price at the given moment, go check it. Cant believe you faggots dont realize this

what the fuck is that about? no one has even attempted to offer a historical explaination

>the reason we won´t recover is because all norms will be permanently scarred by this dip
this is what cryptocultists don't understand, trying to explain this to people here is pointless

My boss is now probably hodling his breath red like a tomato so I'm happy too.

Seeing how volatile everything is I cashed out the second I saw the korea exchanges removed from CMC making everything *look* like it dipped. Stayed out and basically cashed out at the top. The "hodl" meme is cancer.

They won't buy and hold speculatively again, which is good. But they'll buy dildos and drugs and evade taxes and divorce settlements with Monero when they lean of its power. Actually using a coin, weird huh?
>buy XMR

XMR is easily the best investment in crypto

As it gets easier for normies to buy in, there will be more pumping and rampant speculative overvaluation. The market is too unregulated for it NOT to attract easily manipulated normies with loose cash and (((cynical institutional money))).

double bottom is also basic TA

Thanks for the reminder anons, going to convert a few eth to xmr

I saw many signs, and even cashed out a little (& promptly put it back in).
It's just hard to justify cashing out when you get 30%+ a day. if you're out for a week you lose out on 100% potential gains....
I think i might even have a journal entry about this.

1. Tron
2. Iota. This should have been a bigger clue than Tron, imo. Completely toxic lead, barely functioning product, still mooned. Didn't go down after the partnerships that made it jump were revealed to be fake.
3. Out of the top 100 cmc, only about 10 of them have functioning products as advertised
4. Veeky Forums itself has been overrun with literal pajeets shilling fishbank and retarded knockoffs
5. I got a phonecall from a friend asking about crypto. I never get phonecalls.
6. Verge, DGB
7. Arguments with people, trying to explain to them why their investments were shit and the tech was broken. No one listened to my professional advice, when normally they'd be more willing to listen.

normie money hasn't even started
only then will it be a true bubble

I'm learning TA, so I did my homework. I posted pic related earlier today. I bought near 12733 line expecting that it can go up. After the price dropped through 12733 line a rock, there were three possibilities:
* good -- the price will start climbing along the magenta line
* neutral -- the price will stay between yellow and magenta lines (but that's just delaying the inevitable)
* bad -- the price will breach the yellow line and fall all the way down.

After the yellow line got breached I sold everything at 10% loss and I'm happy I did.

I don't believe there is a crash of a size where you should cash out. There will always be cryptos that will grow in value... Just check the number of ICOs that are upcoming -- and how solid some of them are... Another thing are some cryptos that are holding up tight, for example the beloved UFR.

Just remember this chart and apply it to all asset classes

pure luck then, ok

sell now and buy in a year or two
remember to take out you money from the exchanges too. they will go broke and will steal your cash

Still holding, FTW. In hindsight a major run of total shitcoins, low priced cryptos mooning and CFD going over 100 percent in a day!! Motherfuckers, CFD really!?!

went to a family reunion and all my baby boomer aunts & uncles were asking me all sorts of questions about "the bitcoins." They are all rich as fuck and spend money on nonsense and trendy shit. Their money hasn't even hit the tables yet, but it will

Look, if you were to survey the past year, I'm sure for every month you'd find a group of people saying to cash out because the crash was for the week after that. After being wrong X times, these people ended up being right this time and can feel smug about it if they want, but eh.

Also, for all of those who put everything in Tethers, as far as I understand if bitcoin crashes too hard, the tether scam could crumble, so you might not be as smart as you think.

Nah, it's gonna cash once Jibrel release their competitor product Jcash.

If we listened to these people we would be cashing out every day. Can't do that.

you did well selling before it went going down (so did i), but youre stupid if you think btc isnt going to make another ath right after this bear season. for real. if you actually think btc is just dead now, you are an absolute fucking idiot.

Converted to tether and now binance won't fucking work so I can convert back

JUST

lol just wait until coinbase lists some of those "shitcoins". Right now is the flippening. BTC is being replaced by better tech. Crypto as a whole is on the downtrend for now and probably for a while... but it's not dying, it's just changing its form.

The trick is to not use a history of the spot price as a market indicator and actually look at the deeper fundamentals.

pretty much my impression
next recovery will be huge, then the big daddy bubble crash where normies lose their life savings and homes and then the govt steps in and tries to shut everything down

I've heard a lot of whales take their profits shortly after the new year and pull out in mid january

oh holy shit that makes sense have to cash out before tax season

Not for long.

Speaking long term, I'll say what I've always been telling you guys at dips:
You only lose if you sell right now. Long term prices will keep going up. But short term it will keep going down. So sit back, bite your lips and endure it. Sunshine will come after the storm that more than makes up for it. The question is just how long it will take to regain the losses. Personal guess is March.

As long as I don't dip below my initial capital I'm not worried. It's getting pretty close though, another 30% dip would do it.

I'm falling hard for the hodl meme though, should I just tether up instead?

>Iota. This should have been a bigger clue than Tron, imo.
Even better, cardano.

Also McPajeet and his shitcoin of the day.

i knew because there was just too many gains in a short period of time, and 20k was a pretty huge milestone. then the alt-boom happened and i knew the crash hard. also, i would go hang out with a big group of friends and 1/5 people knew what Cryptocurrency was, that number was way to high, they also didn't understand it and were just investing. also everyone wants to "make it", any rational person knows "making it" is over in crypto unless you gamble on a low market cap coin. i was spamming Veeky Forums with threads telling you guys to sell @ 17k, everyone said i was fudding.

Market cycle for bitcoin is ~2 year

what do you own

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