Len Saldua (OP)
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May 15, 2022, 09:21:47 AM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
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tabas
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May 15, 2022, 11:21:08 AM |
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Just like you, the same as me and the others as well that have held through the bear and bull of 2018 to 2021. I've sold some so that I won't miss that moment of bull. Did you also sell some of that holding of yours during the bull run? Well, if it's about those folks that have got in late, they've probably sold too when they're in profit but for sure, there are those that have waited for a possible higher price and didn't expected that it was the end of the run.
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TheNineClub
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May 15, 2022, 11:25:51 AM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
Maybe some are at the moment (actually I am sure many are), but as always it's best to look at where they will be in the long term. It depends one ones goals, bzt it seems to me that so far the best strategy is to buckle down and forget about crypto in times like this (as in hodl what you got).
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GreatArkansas
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May 15, 2022, 11:26:09 AM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
It depends, I know someone who just properly entered last year or somehow entered at perfect timing but later on when they are already in profits and decided to take some profits or some others converted to stablecoins are somehow I believe who are not in red and they don't care about these dumps earlier.
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DaveF
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May 15, 2022, 11:29:37 AM |
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I would guess it depends on WHEN they got in.
Late July last year or about 10 months ago BTC was $30k give or take so if you got in because you thought that was the low you are more or less fine.
End of January this year BTC was at $35k so if you thought 2022 was going to be a bull run then you are down a bit. But still down less then had you invested in many things in the stock market.
Between those 2 times you could have lost 1/2 your investment.
But you would be in about the same position if you bought TSLA at it's 52 week high and much better off then if you bought DWAC at it's 52 week high.
-Dave
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cryptoaddictchie
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May 15, 2022, 11:34:23 AM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
Somehow I am down almost 60% of my portfolio. Sadly heavily invested at a wrong time. Well im doing dca somehow and still end up being down and hoping that it can be recover in the coming months when the bull run started to show some sign. For now we can really feel how bad is the market is but dont lose hope, most of the coins and tokens are eventually going up when btc started to show some green movement.
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naira
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May 15, 2022, 11:53:18 AM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
Did you indirectly miss the ATH moment? At least the people who entered within 2 years ago had already made a profit. You are quite great and patiently endured until now. However, because there are savings plus 2x profits, you are still in a profit position.
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Len Saldua (OP)
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May 15, 2022, 12:05:43 PM |
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I didn't miss the ATH, in fact I picked Solana, Matic, Theta, Luna, and Band when they were cheap, and got huge profits in all of them. I was up 10X December last year. Unfortunately LUNA was my biggest holding, with 60% allocated to it, and no Bitcoin. So mine was basically an altcoin high-risk portfolio. I'm expecting a bear market now, so I moved 94% of my funds into PAX Gold.
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sklopan
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May 15, 2022, 12:41:25 PM |
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Honestly, I'm just not surprised by anything every year. So, traders are already accustomed to many situations.
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Anguwa
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May 15, 2022, 01:45:45 PM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
I don't know which crypto coin you bought, but my portfolio is still red because I buy when BTC price is around $45k last year, but I still have hope in BTC that's why I keep calm and don't panic to sell. I just hope these crypto market situations will come to an end soon because many people are losing patience because of the market situation.
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death69
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May 15, 2022, 02:19:51 PM |
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Buying bitcoin or altcoins in the last 3-4 months is like playing with fire. Everyone who has been with bitcoin from 2017-2018 knows that it will soon explode, dump and break. I was trying to prevent my friends to stop chasing bitcoin, altcoin, or stocks but the only thing they can hear is the illusion of a "cha-ching" sound. Though investing in bitcoin is better than others, people are still suffering 30 to 50 percent in the loss. The tough time I guess. Now, what I can say to them is to hold and to wait. Patience is the key to leading us to success, no matter which fields you are working on
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Disruptivas
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May 15, 2022, 02:25:49 PM |
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Bitcoin has been shown to be a cycle asset and surviving the different cycles is part of the learning and development journey of the sector and of those who want to be part of it. Bitcoin is the best asset of the last decade, but even the best relationships have ups and downs. I saw a lot of people leave the sector in 2018/2019 and then in 2020/2021 come running back, wanting to re-enter the sector (both with capital and working in the industry).
I think anyone who's in the red right now - and hasn't gone crazy for that position and risked really serious things - should practice patience right now.
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KaliLinux
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May 15, 2022, 04:00:43 PM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
Most definitely, most people that invested back about 2 years ago should still be in greens except they invested in projects that are dead but if not, I believe so. I believe Bitcoin was still trading around $5k+ then so you can Imagine those that invested then and are still HODLing till now, this is why HODL is key for major coins.
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AmoreJaz
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May 15, 2022, 09:23:14 PM |
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Buying bitcoin or altcoins in the last 3-4 months is like playing with fire. Everyone who has been with bitcoin from 2017-2018 knows that it will soon explode, dump and break. I was trying to prevent my friends to stop chasing bitcoin, altcoin, or stocks but the only thing they can hear is the illusion of a "cha-ching" sound. Though investing in bitcoin is better than others, people are still suffering 30 to 50 percent in the loss. The tough time I guess. Now, what I can say to them is to hold and to wait. Patience is the key to leading us to success, no matter which fields you are working on
if they won't sell now, they won't suffer loss, right? that is, if they bought more than 30k. and if they do believe in this market, they can always accumulate more while we are in the 30k range, don't wait when btc is already in 40k or 50k. and regret that you haven't bought when it went down to 30k and below. some may be in red now considering the current market price, but as i said you won't incur loss if you won't sell. the reason why you bought btc is because you are a strong believer of this market. at some point in the future you will cash out with profits. so yes, better hold if you have no reasons to sell.
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7788bitcoin
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May 15, 2022, 10:08:35 PM |
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Always good to see that United Arab Emirates is taking all the right steps in making the country a cryptocurrency safe heaven and they even conducted many events regarding the cryptocurrency space and as far i know many of the projects shifted to United Arab Emirates in the past couple of years and now their airline started accepting Bitcoin is a really good move.
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Mahanton
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May 15, 2022, 10:20:21 PM |
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Buying bitcoin or altcoins in the last 3-4 months is like playing with fire. Everyone who has been with bitcoin from 2017-2018 knows that it will soon explode, dump and break. I was trying to prevent my friends to stop chasing bitcoin, altcoin, or stocks but the only thing they can hear is the illusion of a "cha-ching" sound. Though investing in bitcoin is better than others, people are still suffering 30 to 50 percent in the loss. The tough time I guess. Now, what I can say to them is to hold and to wait. Patience is the key to leading us to success, no matter which fields you are working on
if they won't sell now, they won't suffer loss, right? that is, if they bought more than 30k. and if they do believe in this market, they can always accumulate more while we are in the 30k range, don't wait when btc is already in 40k or 50k. and regret that you haven't bought when it went down to 30k and below. some may be in red now considering the current market price, but as i said you won't incur loss if you won't sell. the reason why you bought btc is because you are a strong believer of this market. at some point in the future you will cash out with profits. so yes, better hold if you have no reasons to sell. As long you wont really be selling out those floating losses then it isnt something considered to be a total loss since its not been materialized which people should really be careful on making out decisions because that would really be in result on regretting when you arent really that mindful towards your actions or on how this market behaves.If you are still that in green despite of the correction or plummet of the market but still you do able to make yourself safe but the duration of holding is way too long or far off which means that you are the ones whom do decide whether its worth the wait or you should have sell out before when price is playing around 40-50k and buyback when it hits up 25k.
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GeorgeJohn
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May 15, 2022, 10:26:35 PM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
Maybe some are at the moment (actually I am sure many are), but as always it's best to look at where they will be in the long term. It depends one ones goals, bzt it seems to me that so far the best strategy is to buckle down and forget about crypto in times like this (as in hodl what you got). When investors panic to sell cryptocurrency,they totally lose. Because at this time we fully in soaked of bearish it's people that have the heart that will continue the process of holding cryptocurrency but never the less what i actually working with is to ensure that any little coin that's in my possession will be intact till further notice, because this bearish affect the investment seriously.
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kryptocanon
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May 15, 2022, 10:37:27 PM |
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I think about 99% if not 100% OF the vast majority that got in late last year are definitely in the red now. Though everything I have here is still my profit but every single investment made Mid-december of last year are dipped 80/85%.
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EdenHazard
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May 15, 2022, 10:55:53 PM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
It depends, I know someone who just properly entered last year or somehow entered at perfect timing but later on when they are already in profits and decided to take some profits or some others converted to stablecoins are somehow I believe who are not in red and they don't care about these dumps earlier. True, it's always about having a bad move to get in the worst time such as the all time high and have to selling it at the lowest price due bad calculation and money management that actually you could hold it for long long time without selling it so you won't lose any of your previous value, this is the most common case. having perfect timing to enter and buy crypto are part of your lucky time or that's a real deep research and calculation over there , we are all experienced that , and so far so good if you learned from your past experience though. sometimes in green and sometimes in red , but for now it's a bit green for sure ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Viscore
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May 15, 2022, 10:59:29 PM |
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I'm still in the green...more than double my initial investment. But then I got in nearly 2 years ago.
If you can handle your investments well despite of the unpredictable market conditions, then there's no reason to stay in red. Although losses are inevitable in crypto, but you can also maximize your profits if you do invest with caution, and of course investing in potential coins like bitcoin.
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