Has anyone NOT made profit in this astonishing bull run??

[StinkyLover]

My belly is full of profit. I have done nothing but hodl some alts (and of course BTC). All my losses are wiped out.

Has anyone NOT made profit during this bullish 18 month boost from $8bn to over $30bn total crypto market cap??

Some say it was always going to happen, but it's still astonishing to me.

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[ZeroTheGreat]

HODL. Cryptocurrencies are so useful, that only $30 bln part of global financial market is a joke

[bathrobehero]

HODL. Cryptocurrencies are so useful, that only $30 bln part of global financial market is a joke

This. Sure, we will have issues, drama, politics, manipulation but eventually none of the should matter.

[Minecache]

Spoetniktard.

[axrhuls]

HODL. Cryptocurrencies are so useful, that only $30 bln part of global financial market is a joke

This. Sure, we will have issues, drama, politics, manipulation but eventually none of the should matter.

$30 bln is quite small, just an infant, any global business companies will have over $100 bln market cap easily. We are just starting. HODL.

[The Sceptical Chymist]

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency. 

[leowonderful]

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency. 

Can confirm. Most of the time I want to make a purchase but I'm held back by the fact that the price could shoot up and I could be out of a couple bucks that I could've gained if I had just held. The way I see it, Bitcoin is more of a storage device than a currency, considering most people in the speculation section of the forum seem to like holding, as do I.

[gentlemand]

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency.  

I've been spending plenty recently. At some point you have to reward yourself for enduring 2014/15 and anyone who isn't in the black must've done something horrific. Will I lose out and end up with some tat? You bet. But it'll provide a good time too.

And despite the bonkers rises, there's been enough movement for people to lose plenty even on the big coins.

[MadHatt597]

While I have done alright myself, I have seen someone post saying there was a loss.

I post this for the story.
He is asking for help, as hes down to 0.05BTC when he started with 2btc... Im assuming this was recently because he paid 1400 for each BTC.
Im not posting to try and help him, or support it, just for the story.


https://steemit.com/investors/@loveyou/a-newbie-investor-asking-your-rescue

He got carried away... thatll happen.

[dissident]

When you consider the market cap of google alone is 700 billion, and that's just one company based in the US, and consider these cryptos are global and can be traded in many different countries, 30 billion is just a drop in the bucket. Still it amazes me how everything went dead in 2015 and the total market cap of all the cryptos was less than the market cap of ETH alone right now... will the bubble pop with another 3 years where we drift around and do nothing and base around 10 billion? Will interest in cryptos remain and investment increase?  We haven't even hit the mainstream news outlets yet so methinks we have more to run.  Still we don't just want another big bubble that bursts where everyone heads for the exits and cryptos are again forgotten for another 3 years. (like I kind of admittedly did aside from managing to stumble over here and claim my XEM stake which I did actually do)

[bathrobehero]

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency.  

That's just a dumb oversimplification and polarization. Currencies doesn't have to be always instantly spent by people. There's nothing wrong with holding as long as long as there's a healthy mix of spending as well - which there is.

Lousy currency worth $1340 a piece.

You have to learn to ignore past values. If I was the guy who bought a pizza for 10k BTC years ago, I wouldn't give a fuck about it now. It would be absolutely pointless to do so.

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency.  

Can confirm. Most of the time I want to make a purchase but I'm held back by the fact that the price could shoot up and I could be out of a couple bucks that I could've gained if I had just held. The way I see it, Bitcoin is more of a storage device than a currency, considering most people in the speculation section of the forum seem to like holding, as do I.

That's just you. I'm happy to spend BTC instead of cash. I'd even spend it if it was worth half as much as it does.

Bitcoin is already on the moon, it has already made it. Just because it was slow and we got used to it in the process (something something boiling a frog) doesn't make it untrue. You might as well just use it instead of hoping for an X times increase. And then what would you do, if it would reach $2k, $3k or even $5k? You'd still probably hold at least some of it hoping that it goes higher which you tell yourself you can't possibly miss. That's just greed. Of course, I'm also hoping that it would go higher and it will likely do that imo, but it's not exactly worthless as it is. Spend some of it and enjoy.

I know my two comments seem contradictory, but you guys seem polarized which you shouldn't be; holding some, sure but spend it as well. BTC could very well be worth $340 right now and you'd say the same but it's worth $1340! at the moment.

[Leonard2016]

not as much as i hoped for. i was a bit lazy then scared to get in some of the altcoins so i stayed away, i am happy about the choices that i made but still it suckes to miss so much profit and make a smaller amount.
but it is never over, i prefer a smaller and slower profit any day over taking higher risks that i am not willing to take.

[benthach]

Money money

[Triload]

I made 5x on April's bull run, although my coin is -30% nowadays, it still be 5x in this bull run. I am very satisfied, I hope another 3-5x run.

[densuj]

My belly is full of profit. I have done nothing but hodl some alts (and of course BTC). All my losses are wiped out.

Has anyone NOT made profit during this bullish 18 month boost from $8bn to over $30bn total crypto market cap??

Some say it was always going to happen, but it's still astonishing to me.

Of course yes, there are some people who doesn't made profit although the price of increasing,
usually the new traders although they get the profit but just for small amount of profit
and because of the bullish trend new traders always buy back after sell the coins,
finally the new traders get trap on buy high but the trend of price starts decreasing.

[lite]

I have made profits, holding only bitcoins though! no more alts.

[dinofelis]

Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency. 

This.   It is known since ages by economists, and is called the deflationary spiral. 
Bitcoin (and most emission-limited) crypto is doomed as a currency as you so correctly point out.  Bitcoin is not a currency.  It is a speculative asset, nothing more, nothing less.  The higher it goes, the less people will use it as a currency.  You don't use famous paintings as a currency either.

However, on the other hand, that means that crypto is not playing in the "real world usage" market, but in the speculative bubble/investment market of derivatives and so on.  Now, that market is HUGE as compared to the fiat market. 

http://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp

It is estimated to be at least 10 times the world's GPB: 1200 trillion, or 1 200 000 billion.  Crypto's 30 billion are tiny minuscule compared to that.  We're on the 3 parts per million level (like impurities in water).

[btcxyzzz]

My belly is full of profit. I have done nothing but hodl some alts (and of course BTC). All my losses are wiped out.

Has anyone NOT made profit during this bullish 18 month boost from $8bn to over $30bn total crypto market cap??

Some say it was always going to happen, but it's still astonishing to me.

..if only you were involved with ETH or XMR....

[Thazard]

HODL. Cryptocurrencies are so useful, that only $30 bln part of global financial market is a joke

This is not a good idea to tell this, because what I do is that I sell what I have and then buy back to increase my bag. Sitting and watching the train passing like a cow in a field is not the best strategy, but at least you are sure to do not lose.

[StarrManUK]

Serious gains in the last month since I started tweaked my portfolio from 100% bitcoin to lots of ETH with a sprinkle of GNT, XEM, LSK and DCR.

I also got in on the PIVX rise and mostly sold out of them now.