The entire crypto market is up 20% from its lowest point this year. Last month I vividly remember how many people here were panicking and wanted to sell everything. Now we are up already and I bet those same people are now waiting for a dip to buy lower.. if we will ever see another run with new ATHs this year, they will wait as always till the top comes and they’ll buy crypto. Then, once we will crash, they will sell😂
I am not a crypto OG, I got into crypto with this bull market, but seeing everyone periodically panicking in a market where 30% drops are regular never stops being funny
Not sure what you mean, its still down almost 50%…
This post is not going to age well at all after the interest rate hikes and if there’s a war
Just curious, do you consider us to be in a bull market?
There is a vocal minority on both sides of the market and depending on which way its swinging is the side you hear. I just ignore them both and do my thing
And when we drop lower they’ll say “what if it goes even lower”
People were waiting for below 30k
Guess they just never entered the market.
The dip never ends!
And people still need more reasons to DCA?
One thing I’ve learned about crypto is you’ll see the loud majority seems to switch depending on the market. Bull runs you will see a lot of positive “to the moon” comments, but during more bearish times you will see a lot more negativity and people losing hope.
Im happy with my bags replenished 3 weeks ago 🙂 ill sit and wait if it goes up or buy few more eth if it goes down 🙂
I’m approaching one year since I got my first bit of Bitcoin, definitely a newcomer.
I’ve been stacking sats all year but stacking WAY more when it is at the bottom of the dips.
I see people here talking about how their portfolios are so far down right now and I’m like “how?”. I’m a newbie and I’m not even in the red.
Classic buy high sell low post.
I don’t buy currently. I just like shorting it when I see a good opportunity. It’s fun.
And that’s why many retail investors never get better. Because they always repeat the same mistake.
A more rational approach would be DCA and have a look at market indicator. RSI < 30? Buy more. RSI > 70? DCA out, take profits.
Most predictions posts especially the bearish posts age like milk 🥛
Timing the market is a risky business. I saw huge buy walls between 29-34K last month, I wonder if they are still waiting.
And they very well may get their chance. Let’s not assume that the market is going to just keep going up. We’ve already seen that that isn’t the case.
Honestly, whenever I see a track down in market, I don’t waste so much time before bumping on it because I feel they are the best time to invest and it is actually at discounted price.
Got some pretty little dips like SOL at $80 and also bumped on SCRT which I’m now enjoying the pump and also did not miss out on DIA when I saw it got listed on Coinbase, Huobi and Cryptocom because they are massive push after listing a coin.
… and the circle begins.
If there’s one thing I have learned in my very short 10 months of crypto investing, good luck timing market. I DCA and hang on for the ride
Protest
Was there a rule that bear market could not be 2-3 months long only? No right?
And no I’m not guilty, I just like mocking stupid idealogies 🤣
They will fomo in at 69,420
We. All. About. To. Moon. Market is maturing. Marketing is influential in growth.
I buy on the way up and the way down. High or low. I buy it all.
Let’s see what happens once the goddamn ground war starts up in a few days. Polar bear market, maybe?
I wasn’t screaming bear – I just wanted more time to mine fiat
People who go short and bet against crypto deserve to be rekt.
It’s so much down from where it was it’s still a good opp to buy in while it’s low.
I wanted to buy when it crashed earlier in January but had no money to spend. Just got a chunk of change and I’m not buying now. I think it will dip on next few weeks as we approach the feds meeting. Then in it goes! I can’t wait but I have to
I hate to break it to you friend but this market is far from being on a bullish uptrend again
Idiots with internet
I know what you mean homie lol especially being pretty new to crypto myself I guess cuz I’m still getting used to the volatility, I’m not used to seeing “oh I’m ruined!” Posts and then ten minutes later “we’re on our way to 200k ATH!!!” (Obviously extreme exaggerations) but it’s an interesting world to be apart of and I love it!
DCA. thats the answer. alwasy have some funds to buy the dips and then DCA in your high conviction bags. I dca’d and already staked some of my bags like PSP GTH DAFI AIOZ FTM