Angry

[Trixoempire]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

[virtualdn]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

3 years?? Who told you, Elon Musk? You must be a newbie probably. Just HODL and you will be fine. Crypto is not a get rich quick scheme as many think lately.

[Trixoempire]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

3 years?? Who told you, Elon Musk? You must be a newbie probably. Just HODL and you will be fine. Crypto is not a get rich quick scheme as many think lately.

Now its the bear market and it follow 3 years cycle to recover.
We will see now decline every day.
BTC will retrace to $20k.

[virtualdn]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

3 years?? Who told you, Elon Musk? You must be a newbie probably. Just HODL and you will be fine. Crypto is not a get rich quick scheme as many think lately.

Now its the bear market and it follow 3 years cycle to recover.
We will see now decline every day.
BTC will retrace to $20k.

Shocking. Better sell all the BTC now to be safe. Stop spreading FUD on this forum, BTC is going to $100k this year. 1 month in crypto is a huge period of time.

[bitmover]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

You are a new guy, this is why you are worried About 30%...

If you cant handle 30% down, how do you expect to get 1000% up?

Get used to this volatility... put only what you can afford to lose.

[NeuroticFish]

Now all my crypto 30% down.  and it will take 3 years to recover.

Did you invest only money you can afford to lose? Then you can easily wait 3 more years if need be.
You didn't? Too bad...

[Trixoempire]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

3 years?? Who told you, Elon Musk? You must be a newbie probably. Just HODL and you will be fine. Crypto is not a get rich quick scheme as many think lately.

Now its the bear market and it follow 3 years cycle to recover.
We will see now decline every day.
BTC will retrace to $20k.

Shocking. Better sell all the BTC now to be safe. Stop spreading FUD on this forum, BTC is going to $100k this year. 1 month in crypto is a huge period of time.
5 Months left to the end of the year. People know that either way the bull market will end soon and wait for a better entry than this.
Market is dead.

Too much bad news at the same time. From Elon Musk and China the makret is devastiating. People don't buy btc now they wait for good entry (20k) .
Which is likely to be. Either way bull market will end soon and expected to end at the end of the year.
There is not a lot of time left peopel wait fo good entry. This cycle is dead.

Now all my crypto 30% down.  and it will take 3 years to recover.

Did you invest only money you can afford to lose? Then you can easily wait 3 more years if need be.
You didn't? Too bad...

I am in 95% of my money but I can afford it just sucks  and make me angry cause it will take 6 months to make it again.  and I will have less money to spend on the bear market when we see 70-90% drops.

[Lorence.xD]

Why didn't you do it if you felt that the prices will go down? What made you not do it? Now look at you, you are angry and frustrated because you got half-assed on your decision. How can you be so sure that it will take 3 years for you to recover?

[UserU]

Bro, didn't you think that the sub-60 was already quite high compared to its 10s last year?

You sell now, you lose and regret when it goes up. Just hodl. I have hodlings at 58K and this dip isn't bothering me anymore. In fact, it allows me to buy moar.

[NeuroticFish]

I can afford it just sucks  and make me angry cause it will take 6 months to make it again.  and I will have less money to spend on the bear market when we see 70-90% drops.

Then you should be OK. Shit happens and hopefully in 6 months you'll be laughing when you'll be thinking back.

and I will have less money to spend on the bear market when we see 70-90% drops.

This is a valid point. But unfortunately we cannot predict the future and we also don't have access to these news fast enough (at the point they are credible rumors).
Maybe next time you invest you try some sort of DCA over longer period of time (just with your luck maybe then it'll rise like crazy)

[Trixoempire]

I can afford it just sucks  and make me angry cause it will take 6 months to make it again.  and I will have less money to spend on the bear market when we see 70-90% drops.

Then you should be OK. Shit happens and hopefully in 6 months you'll be laughing when you'll be thinking back.

and I will have less money to spend on the bear market when we see 70-90% drops.

This is a valid point. But unfortunately we cannot predict the future and we also don't have access to these news fast enough (at the point they are credible rumors).
Maybe next time you invest you try some sort of DCA over longer period of time (just with your luck maybe then it'll rise like crazy)

I had access to this news yesterday I had just to theter all up after such news and wait couple of days see where the market goes.
On the moning I saw crash lol.

W/e I hold.

Next time when I see this news I will I know to thether up

[crwth]

I did some research and I did find a lot of articles regarding the crypto ban. I wasn't aware that it's like that now.

I'm hoping that the market can recover at some point. I was surprised that it reached that price though. A lot of whales must have cashed out their positions and a lot of people were liquidated as well. It's hard navigating this market but it's still best to invest what you can afford to lose.

Make sure to properly decide what's best for your account.

[Amph]

pump and dump nothing new, there were many of them but guess what? we are going up anyway in the long terms, so who care...see you in in the next halving for 100k ATH

[virtualdn]

pump and dump nothing new, there were many of them but guess what? we are going up anyway in the long terms, so who care...see you in in the next halving for 100k ATH

To the Mooon! To everyone who holdled now, I send you my true congratulations, you are the real deal!!! Elon Musk and his FUD will soon be forgotten.

[Permonik]

My hands are made from NEUTRON STAR!!!

[hitsnorth]

Don't invest more than you can afford to lose. Also, why 3 years? i don't think it'll take so long. From 2020 to 2021 BTC went from 10k to 60k.

[thirdprize]

This has been coming for a week. I sold this morning but i thought about it yesterday.

[kryptqnick]

Op might be right about 3 years, referring to the time it took for Bitcoin to recover from the end of 2017 will the end of 2020. Nobody can say for sure whether this is going to be the case this time because for now, not enough time has passed to see the general tendency. In any case, people should be aware of the risks when investing in cryptos, and they should be prepared to hodl for years if necessary. I'm sorry that your investment is 30% down, but it's not anything out of the ordinary with Bitcoin.

[supine]

Op might be right about 3 years, referring to the time it took for Bitcoin to recover from the end of 2017 will the end of 2020. Nobody can say for sure whether this is going to be the case this time because for now, not enough time has passed to see the general tendency. In any case, people should be aware of the risks when investing in cryptos, and they should be prepared to hodl for years if necessary. I'm sorry that your investment is 30% down, but it's not anything out of the ordinary with Bitcoin.

If OP's assumptions would be true then there is nothing to worry we should celebrate it instead because if it would be the same then we would see another big bounce after 3 years and it would make another set of record for ATH.
But we couldn't be so sure about it we don't really know if it would really happen.
I just sold my crypto a few hours ago and now I am waiting for it to go lower and re-enter at $20K if possible.

[Lordhermes]

I am angry rn I knew I should execute all my crypto yesterday when China anounced ban.
Now all my crypto 30% down.  and it will take 3 years to recover.

You shouldn't be crying, this is the opportunity to bag more quantity of cryptos of your kind, I know you are just coming into the space but it doesn't work that way, if it took 3 years for bitcoin to recover from $10k to the new ATH, how long do you think it will take to recover from this recent dip of the market to new ATH.

This is not the first time china is banning crypto related things, China's ban on ICO back then in 2016 or so got all the cryptos on red, unfortunately, it recovered, pandemic occured, the same recovery occured too, the same good news will happen soon after Musk bitcoin rejection on Tesla. Watch out.