I’m either going all the way to zero and losing 12% of my life savings...

I’m either going all the way to zero and losing 12% of my life savings, or we’re taking this bitch to the promised land of life-changing money. Those are the only two options. There is nothing you can do to me to make me call it quits. I believe in the technology too much. And beyond that, this community makes the pain and suffering more than bearable. So let’s embrace the ride. We’ll get there someday. And if we don’t, it’s only 12%. Hopefully you can relate.
Hodl strong, friends.

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believe this is called the sunk cost fallacy :)

Same here. Except it's closer to 40% of my savings, but I'm still young.

3% here.
Go all the way !

WE BURN THIS SHIT TO THE GROUND IF IT IS THE CASE, BUT WE NEVER GIVE UP

-Dollar cost average over the next few years
-Everyone forgets crypto exists
-Companies and Investors move their money volume and infrastructure to the blockchai. As the tides settle.
-Cost brings up value
-value spikes and people FOMO
-rinse and repeat

99% of my savings here desu

I liquidated a bunch of stocks I owned and sold like half of my physical possessions to obtain some BTC when it rebounded off 6k, got in at 7,500 and now just hodl.
I still have 1BTC I bought in late 2014 with money my family gave me after graduation, safely stashed on a cold wallet and I'm waiting until at LEAST 2025 to sell.

Ignore the FUD, ignore the crash. Accumulate around 8k and hodl. People were shitting themselves waaay harder after Mt.GOX than they are now.
>more than 90% of americans do not own any cryptocurrency
>of that very small percentage, most are trading at low level (less than $1k)
Dumb money waits to see other people profiting, and THEN they buy.

Think about how long it took people to get on board with internet stocks, the things they said after the .com bubble popped.
Now those companies are some of the largest in the world, but i dont hear the dissent anymore. Now institutions that have been around for generations are including them in their biggest funds.

>The past predicts the future.

This is how bagholders are created.

I sold my car and sucked dick for crypto this ponzi shit better make me rich.

that girl looks like a brainlet

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>he isn't all in
>he's only 12% in
fucking faggot

I hope this is bait, if not sell your crypto and fuck off please.

stop regurgitating this "99% of the planet doesn't hold any crypto"

Most people won't ever want to. A lot of people will use it as a means of transaction, but people are not going to take it seriously as an investment because it isn't. No single coin is worth anything when there are so many competing alt coins with better technology coming out.

Stop acting like this is a stock or bond, its not. A cryptocurrency is something to make a purchase with, and then you convert it back to dollars.

That's what's wrong with you kids these days. No go get em attitude. Stay poor millennial scum.

"what is a long play"

you're right, I am holding bags. bags I paid for when BTC was at $350 and people were saying "kek we going to $150" This shit could fold in half again and i'd still 10x. and guess what? some day, I'll be able to say the same about my $7,500 coins.
I've made a lot of money doing the opposite of what fags like you say I should do.

But it's not like I've been doing this for a while or anything, what the fuck do I know?
check 'em and fuckin kek 'em

Why do people think that there is necessarily a correlation between increasing adoption of crypto and their price in USD?

Adoption could go up 100x, yet prices could be 95% less than what they are today.

These aren't stocks, where a company being profitable leads to a higher stock price, since profit makes each share of stock worth more.

There is no established rationale (yet) for crypto prices. This whole sector is cluelessly bumping around in the dark.

You can still "believe in the tech" while also believing that prices will not necessarily go to the moon.

What porn is that from Op?

Sauce?

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thats not how supply and demand works, retard

>the Internet of value
>only purpose is to move fiat around
>being actually this retarded

Kys

One thing is that if these projects are successfully working well and companies decide to use them (REQ by Amazon or Dole sending their fruit through Ambrosus' supply chain network), people will buy the tokens. They're similar to stocks in that they can be traded, but also spent as currency. They are used as tokens on main net. They are used to pay fees on an exchange.

The fiat pairing with the coins and tokens has to happen. People may become hesitant to buy something when it has no products and it's price fluctuates up and down with too much volatility. FOMO was late 2017. FOMOing into vaporware. But the teams are making real products on the blockchain. Bubble popped, but bubbles grow faster each time they pop. Technology is moving faster by the day. Hashgraph and quantum computing is happening while blockchain still hasn't been fully experimented with.

And here people are talking about getting rich more than talking about the tech being invested in. It won't do anything until people get serious about it even if you are clueless about blockchain. Still time to grasp it all.

I have no problem him sucking dick and putting profits into crypto. However calling it a ponzi just means he's shoving money into something he doesn't understand.

What do you think about AMB?

Who is this prostate drainer?

I'm about 20% in at this point.

>I believe in the technology too much
Lmfao no you fucking don't. You're just another january normalfag who thinks "muh blockchain" is the "future" even though that has little to do with the price or crypto in the first place. Fuck off retard. I hope you lose it all.

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25k in. Only 22 so it's not like losing it all is the end of my life. Dam it'll suck though

kek

>23 yo
>bank account $178
>crypfolio 20k
I'd rather go to 0, risking my net worth for financial freedom

itt nu/biz/ fags who think theyre oldfags since they saw tron go up in december talk down to nuer/biz/ retards

meanwhile both were the people who would FUD bitbean

Hash
>Caught the druggie