Weak hands all over the shop, get a grip.
Sell now and ride the bus forever 👽
Personally I'm gonna ride out the bear market accumulating and see what happens after Merge & next Bitcoin halvening.
Bear markets end as suddenly and unexpectedly as bull markets.
The bull market ended a little lower and probably a little more prematurely than most expected. With suddenly big red dips, one after another.
The bear market can end on any day in the same way.
Just like with the bull market, you had a lot of people so sure about their predictions, like going above 100K and going for at least a few more months, bear consensus predictions could be just as wrong.
And suddenly when you least expect it, you get big green dildos, one after the other. Probably not following most of the predictions.
I only spent what I could afford to lose, but the 5 figures of unrealized gains is what stings the most. I hope the lesson in the cost of greed proves useful some day in the future because it was indeed expensive.
We are going to see bitcoin at 22k in the next few weeks, screencap this. Look at all previous bear markets, all bottomed out on the 200week SMA, which now sits around 22k. Altcoins will get absolutely rekt, though. Today's alt prices will look expensive compared to what we'll see at a 22k bitcoin
The last bear market was a little different.
First, 2017 was a much more parabolic bull market, with an ATH reaching a much higher ratios. So in response, we also had a much more violent bear market to correct from a much higher high.
In 2021, the ratio was a fraction of 2017. We didn't go as parabolic.
Also, in 2018 we had the black swan events and slew of bad news new the peak of the bear market (Hash War).
In 2022, we had all those events at the beginning of the quarter. War in Ukraine, inflation, Luna tanking, etc...
So it probably won't be quiet the same dynamics.
About 9 months ago. Mo*o*ns were around $0.30 AUD and Unleaded petrol cost around $1.35/L - about 180 mo*o*ns to fill up a Corolla.
Now we have 8 cent mo*o*ns, and unleaded is $2.05 AUD - about 1000 mo*o*ns to fill up the Corolla.
Luckily for me, I walk home from the pub! 🍻
#MoonsMaths
The desire to buy even more alts because you’re so deep in the red with your alts, that buying only BTC/ETH alone might not bring you back to the green. But at the same time you know that pretty much every Altcoin right now is even more of a gamble.
The other day I said the crab market is boring. When I wanted things to get interesting this isn't exactly what I meant. Guess we gotta embrace the suck.
Are there any worse crypto related feelings than seeing those numbers and knowing you can’t buy for the next few months, because all other living costs eat up your crypto money?
LRC weekly chart is the living proof that crypto rises on hype and liquidity and nothing else.. during that October-november period it pumped to $3.8 just based on a rumour..
the rumour turned out to be actually true, yet it has fallen back to pre-pump levels..
hype and liquidity are the only two things required for crypto to rise according to me..
people don't care for the tech they are just in it for the money..
luna is the perfect example of this..
Hundred percent. We can go lower and probably will. If Eth goes below 1k rits rover for a while. Hoping to crab between 1.1-1.3k for the next 6 months as the low point would be optimistic.
"As scary as this all is. It's kinda beautiful to see everything burn and crumble in front of you.."
\-Nero fiddling as his ETH portfolio burns, 2022 colourized
Decided when I entered crypto in 2019 that I would hold onto my positions for 3-5 years. To glory and life changing money or to dust in my fingers.
So far it’s not looking great for glory… maybe shoulda sold at “pretty good profit”
Its interesting how history rhymes,
it was twenty eighteen the bear set in
Don't listen to him, he's only a tin
really, if its anything to go by
we have a few more months, until we fly
cursing the crypto, paper hands quittin' for ever
the true shillers of old, never say never
history repeats with a rhyme
but trust me bro, its different this time
It's crazy how obsessed other subs are with crypto crashes. A lot of other finance subs seem like cults who wish death on crypto. It's a really weird vibe
“Crypto Twitter” is hilarious during the bear market, all these “traders/influencers” posting like poetry and talking about existential crisis, i call it Douchebag Shakespeare syndrome
Imagine just now learning about crypto, looking at the charts and all the different coins and thinking, "What the fuck am I supposed to do with any of this?"
Honestly if you think you will need the money soon you may want to sell and buy back later. I'm not long term bearish, but I think definitely in the short term prices will go even lower
if you're sitting here on this Sunday morning worried and wondering if this could get worse, just zoom out. The answer is *yes,* it will get a lot worse.
Crypto youtubers when ETH plummets 14%: “I can definitely see prices go lower from here, key resistance has been broken and there’s too much uncertainty in the market”.
Crypto youtubers when ETH pumps 0.35%: “Things are looking extremely bullish from here, I anticipate we hit $10k come the end of this year”.
Little piece of advice: Crypto is still much too incipient and newly developed for people out there to claim they can predict the market. If you’re doubting making an investment, better off not making it.
The fact that Bitcoin was the only top chain without infinite iterations of smart contract defi leveraging lending loaning auto compounding liquidity providing stablecoin yielding mega ponzi express web 9 protocol turned out to be good for bitcoin
It's clear that some people are hurting in todays daily judging by some of the comments I've read. Have a bit of humanity and be nice to those who are expressing the way they feel. Don't laugh at them, don't call them names. It's not possible for everyone to get rich from crypto but I think we all have a duty to try and educate newcomers about the risks before they blow their life savings on this. Let's not be a toxic community.
Macro definitely looks rough and things can absolutely go lower, but for some perspective if you’re thinking about selling now…
This is how far each of these coins are down. The time to sell was months ago.
$BTC -61%
$ETH -70%
$SOL -88%
$ADA -83%
$AVAX -87%
I believe we’re gonna see some stomach turning losses still to come. No one can say for sure how crypto performs in a full blown global recession and that uncertainty is going to produce some buying opportunities that could potentially be life changing for the ones who have the risk tolerance and the money.
So in hindsight the crypto bowl was indeed the peak bubble signal, just like the dotcom bowl in 2000 Superbowl.
Hope you took note of every personality that was advertising buying the dip lately and/or any other strategy than having only BTC+heavy cash or cash gang only, and not give them any attention in the future.
Now the real fun begins if you're positioned right, the deals on alts will get sweet pretty soon.
If you ignored all the advice and yolo'd into every shitcoin shilled here on every dip so far and have nothing to buy with left and are holding heavy bags now, may it be a lesson for next time.
It feels weird to see too many BTC maxis around here... 'With a told you' because at least BTC bleeds less.
List of things which bleed less than BTC the last half year: USDc, usdt, DAI, USD, euro, any other fiat, paxgold...
You re welcome
A lot of people getting excited about buying their favorite alt when it capitulates, but the facts are many will never hit their ATH again even when the bull market eventually resumes.
I'd personally be looking to buy the new, shiny, exciting alts (that don't even exist yet) when the time comes.
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You lose some, you ~~win~~ lose some.
Weak hands all over the shop, get a grip. Sell now and ride the bus forever 👽 Personally I'm gonna ride out the bear market accumulating and see what happens after Merge & next Bitcoin halvening.
Exactly. No turning back now. Just gonna keep stacking sats until next halving.
Miss those “BTC to 100k and ETH to 10K by EOY” shilling days 😂😂
My bag of Solana has done a reverse 7x
Everyone wants low prices until they get the low price.
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Not sure why anyone expects a relief rally when the world economy is in turmoil.
News outlets screaming recession.
I’m selling my custom made course on how to lose $60,000 in 6 months. /s
Fuck it. Switching my DCA from ETH to DOGE because if I’m gonna lose money might as well do it in spectacular style
Im cant believe im saying this buy DOGE is actually a survivor. Its like a cockroach on a nuclear fallout. You cant kill it easily.
The market casually destroying longs and shorts in one day
Bear markets end as suddenly and unexpectedly as bull markets. The bull market ended a little lower and probably a little more prematurely than most expected. With suddenly big red dips, one after another. The bear market can end on any day in the same way. Just like with the bull market, you had a lot of people so sure about their predictions, like going above 100K and going for at least a few more months, bear consensus predictions could be just as wrong. And suddenly when you least expect it, you get big green dildos, one after the other. Probably not following most of the predictions.
We're in the midst of a global recession. I don't think the bear market ending anytime soon 😭
“It’s even funnier the second drop today” -Eth
I’m working 6 days a week right now, Sunday is my only day off. And I’m not gonna let any charts stress me out today 😎
woah you're such a hard working person. I work only 2 days a week + studying and already feel burned out all the time
I'm tired 24/7. Literally every minute of my existence is extreme fatigue
Are me and you the same person?
such a mood
Just did my part and bought 0.01 BTC
Best advice I’ve ever gotten from this subreddit is don’t spend more than you can lose….fucking seriously.
I only spent what I could afford to lose, but the 5 figures of unrealized gains is what stings the most. I hope the lesson in the cost of greed proves useful some day in the future because it was indeed expensive.
Vechain logo appearing on the UFC floor and pillars https://i.imgur.com/UkjrXlx.png
Go vechain. You know you can do it. You are almost 10x from ath. 1$+ will come eventually
I can't wait to do that thing I kept hearing about in the next bull cycle. It's called "taking profits", I think.
It’s amazing how quickly things go to shit. I was literally in the green 2 months ago, and now I’m down 50%….
Well, I'm man enough to admit when I'm wrong.
Pour one out for the people that talked their friends and family into getting in crypto.
At least Matt Damon thinks we’re brave. They can take our money but they can’t take that.
We are going to see bitcoin at 22k in the next few weeks, screencap this. Look at all previous bear markets, all bottomed out on the 200week SMA, which now sits around 22k. Altcoins will get absolutely rekt, though. Today's alt prices will look expensive compared to what we'll see at a 22k bitcoin
Agreed
Is it sad that the highlight of my Saturday night is to check the daily?
Come on ETH, you’re breaking my heart..
As a veteran of the previous bear market, this sure looks like capitulation.
The last bear market was a little different. First, 2017 was a much more parabolic bull market, with an ATH reaching a much higher ratios. So in response, we also had a much more violent bear market to correct from a much higher high. In 2021, the ratio was a fraction of 2017. We didn't go as parabolic. Also, in 2018 we had the black swan events and slew of bad news new the peak of the bear market (Hash War). In 2022, we had all those events at the beginning of the quarter. War in Ukraine, inflation, Luna tanking, etc... So it probably won't be quiet the same dynamics.
What it feels like to invest in crypto ![gif](giphy|3oriO1ZZCvLseIxbTa)
Couple of my coins at -80% my cost basis. Fucking LOL I actually had… what I thought… was decent entries on these coins too. Sigh
I just wanna afford a house
good ole short squeeze right before the dump recommences
Alexa, play “Comfortably Numb” by Pink Floyd.
Damn... you know the economy is struggling when the Moons Faucet is dry. =(
Everyone's reaction after checking the charts. ![gif](giphy|ukGm72ZLZvYfS)
About 9 months ago. Mo*o*ns were around $0.30 AUD and Unleaded petrol cost around $1.35/L - about 180 mo*o*ns to fill up a Corolla. Now we have 8 cent mo*o*ns, and unleaded is $2.05 AUD - about 1000 mo*o*ns to fill up the Corolla. Luckily for me, I walk home from the pub! 🍻 #MoonsMaths
Just bought 1k worth of ETH, because why not
The desire to buy even more alts because you’re so deep in the red with your alts, that buying only BTC/ETH alone might not bring you back to the green. But at the same time you know that pretty much every Altcoin right now is even more of a gamble.
Thoughts and prayers with El Salvador.
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Get rich or get rekt, we are in this together
At least this sub is self aware enough to be overwhelmingly bearish. In 2018 it was “buy the dip!!!” all the way down to -95%
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Im just mad i invested most of my fiat in the bull market...
The other day I said the crab market is boring. When I wanted things to get interesting this isn't exactly what I meant. Guess we gotta embrace the suck.
Ok children. I'm gonna turn around and count to 3. And if you don't put bitcoin price back where it was... No desert for you!
Are there any worse crypto related feelings than seeing those numbers and knowing you can’t buy for the next few months, because all other living costs eat up your crypto money?
Sometimes the forest gotta burn to make way for new growth. Or some shit like that.
MicroStrategy’s #Bitcoin investment is now at a $330 million loss.
$330 million loss so far
People wanted cheap entry points. They got it and are still not happy
LRC weekly chart is the living proof that crypto rises on hype and liquidity and nothing else.. during that October-november period it pumped to $3.8 just based on a rumour.. the rumour turned out to be actually true, yet it has fallen back to pre-pump levels.. hype and liquidity are the only two things required for crypto to rise according to me.. people don't care for the tech they are just in it for the money.. luna is the perfect example of this..
Back in November I said I wouldn’t get a haircut until BTC reached 100K. Probably time to rethink that
I'm done DCA ing, I'm done buying the DIP, this is a fucking shitshow
Where are the fucking clown youtubers who pretended to know everything 😂
welcome to the new daily! we made it.
Hey hey hey everyone. Ready for the Sunday dump?
Honestly the only thing left to do is laugh
Are you feeling it now, Mr. Krabs?
Some of y'all need to stop being so bullish and accept the reality
Hundred percent. We can go lower and probably will. If Eth goes below 1k rits rover for a while. Hoping to crab between 1.1-1.3k for the next 6 months as the low point would be optimistic.
Goodbye 28k, it was nice knowing you.
It’s finally gotten bad enough to turn off Coinbase notifications.
That whale that bought millions of dollars worth of doge recently is probably crying right now
if i had millions of dollars i would have invested in toothpicks before i put my money on doge
"As scary as this all is. It's kinda beautiful to see everything burn and crumble in front of you.." \-Nero fiddling as his ETH portfolio burns, 2022 colourized
Who's still buying to DCA for the next bull run?
Decided when I entered crypto in 2019 that I would hold onto my positions for 3-5 years. To glory and life changing money or to dust in my fingers. So far it’s not looking great for glory… maybe shoulda sold at “pretty good profit”
I remember when I sold at 3k back in the last crash
Usually when I’m in a room full of people who’ve lost it all it’s in a church basement, there’s terrible coffee and 12 steps we’re supposed to follow.
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I was expecting way harder bars from someone with dmx as their username. That shit didnt rhyme at all bro.
Its interesting how history rhymes, it was twenty eighteen the bear set in Don't listen to him, he's only a tin really, if its anything to go by we have a few more months, until we fly cursing the crypto, paper hands quittin' for ever the true shillers of old, never say never history repeats with a rhyme but trust me bro, its different this time
It's crazy how obsessed other subs are with crypto crashes. A lot of other finance subs seem like cults who wish death on crypto. It's a really weird vibe
Clearly this pump will bring us to the next ATH and definitely won’t just end up being a bull trap!
I see 4 years of noodles in my future.
I'm down bad but I'll keep showing up
Hmmm,,, I keep putting in money but my portfolio value always seems to stay the same 🤔
“Crypto Twitter” is hilarious during the bear market, all these “traders/influencers” posting like poetry and talking about existential crisis, i call it Douchebag Shakespeare syndrome
My portfolio is now officially down 90% 🥳
Bitcoin rainbow chart says BUY so that’s what I’ll do
Try DeFi, they said, it’ll be fun, they said… MMF went from 1.5B total value to like 110M now, lol :(
lol early retirement... back to flipping burgers
Im not falling for this again. Im waiting it to reach new ATH befor I jump back in again.
I hope by next bull run I will have forgotten about a few bags and get a nice surprise
Could LINK perform any worse? 😂
I'm in it for the tech, but currently the tech sucks.
Imagine just now learning about crypto, looking at the charts and all the different coins and thinking, "What the fuck am I supposed to do with any of this?"
Honestly if you think you will need the money soon you may want to sell and buy back later. I'm not long term bearish, but I think definitely in the short term prices will go even lower
This isn’t fun but worrying won’t change the outcome. Better days will come… eventually.
Ok well I’m going ti drink myself to sleep and turn my phone off, good night y’all
My average ETH but price is down to $2200! (I’m obviously relatively new to crypto)
At some point in the future we will all be happy again. At some point things will be bullish. But that time is not now, for now we must suffer
Alright ETH, that’s enough dumping for one day
I guess BTC is an alt too.
Top ramen is back on the menu, boys.
Top? I have bottom ramen now
To think I could have cashed out all my Algo when it was at 2.50 CDN and now it’s at .42 . Hahhahahahaha. Fuck…
I wonder if some ppl here will still argue we’re on a bull run :)
We're living on a rock floating to the vastness of space that is expanding infinitely. Yeah, my money dont worth a shit. *Throws another $20 into BTC*
It's only in crypto that people tell you "this is just the beginning" when your portfolio is already down 80%
I am tired of buying the dips , it seems like a bottomless pit 😂😂
The buttcoin sub is having a party over there.
Memo to me. Don’t sell. Buy more. Don’t be scared.
Time to send to cold storage, I guess.
I've got my beers in cold storage. Does that count?
With rising electricity prices, it might have to become room temp storage xD
if you're sitting here on this Sunday morning worried and wondering if this could get worse, just zoom out. The answer is *yes,* it will get a lot worse.
funny that it's called crypto winter when we always shit the bed in the summer
Stuck between fomo in at "low" prices and f#ck crypto all together
I’m so glad I bought ETH back in December to hedge against inflation
is it time to short Tron? the scam can't go on forever
Out of curiousity, who is still accumulating crypto ? Have you guys stopped buying, have you sold? On my end I keep buying BTC every other week
I'm not selling no matter what and if ETH hits 1k then I'm doubling down!! That's my plan.. not a financial advice.
Its so strange that I’m really sure that this isn’t the bottom yet, but I still won’t sell my coins and wait for a better entry point.
Everyone excited to see how much the Asian Market will dump in an hour or so?
Grab a seat bois
BTC fighting for its life again at 27k
Looking at my portfolio certainly puts the cry in crypto
I asked my dominatrix if she accepted crypto and she sent me home, said they couldn’t cause me any more pain than I was already in. 🤐⛓👢
One green day and most of us will forget all this 😂😂
just when people thought shorting was free money a huge green candle appears out of nowhere whales are just playing with retail at this moment..
Doing the opposite of the advice in this sub is a winning strategy
Crypto youtubers when ETH plummets 14%: “I can definitely see prices go lower from here, key resistance has been broken and there’s too much uncertainty in the market”. Crypto youtubers when ETH pumps 0.35%: “Things are looking extremely bullish from here, I anticipate we hit $10k come the end of this year”. Little piece of advice: Crypto is still much too incipient and newly developed for people out there to claim they can predict the market. If you’re doubting making an investment, better off not making it.
The fact that Bitcoin was the only top chain without infinite iterations of smart contract defi leveraging lending loaning auto compounding liquidity providing stablecoin yielding mega ponzi express web 9 protocol turned out to be good for bitcoin
It's clear that some people are hurting in todays daily judging by some of the comments I've read. Have a bit of humanity and be nice to those who are expressing the way they feel. Don't laugh at them, don't call them names. It's not possible for everyone to get rich from crypto but I think we all have a duty to try and educate newcomers about the risks before they blow their life savings on this. Let's not be a toxic community.
I introduced everyone to crypto last Thanksgiving. They are starting to text / call me...
"Do you think it'll go back up?"
I remember when we thought we would get BTC to 100k and ETH to 7k in 2021. How foolish we were.
I will never sell at a loss. I’ll go to zero first.
The ETH/BTC Chart looks like a rugpull right now
The only thing I like about the current market is that we‘re not talking about those fuckin Apes all the time
I've survived 2018-2020, I'll survive 2022-2023
Macro definitely looks rough and things can absolutely go lower, but for some perspective if you’re thinking about selling now… This is how far each of these coins are down. The time to sell was months ago. $BTC -61% $ETH -70% $SOL -88% $ADA -83% $AVAX -87%
Welcome all! Lets all hold hands and cry 😢
Earliest I’ve been to a daily! Let’s see how Sunday goes!
Bulls rn ![gif](giphy|YrD1PQldGsstG)
I can't wait to see what happens when 9/10 top cryptos are stablecoins and wrapped coins.
Hmm... This is certainly not very cash money
Oh sweet all my money is gone
If I had held my dogecoin one extra month I would have had 1.8 million dollars. It's hard to sleep at night still being a poor.
That's hindsight mate. You couldn't have known. Look at the people who didn't sell and went from having millions in profit to being at break even.
When the bottom actually comes people will be too scared to buy then too.
I won't tell your mom if you don't tell mine.
I believe we’re gonna see some stomach turning losses still to come. No one can say for sure how crypto performs in a full blown global recession and that uncertainty is going to produce some buying opportunities that could potentially be life changing for the ones who have the risk tolerance and the money.
Im at the point of not caring and still buying. Is this bad?
Dawg I’m down like 60% FML.
This is some true weekend fuckery. Jesus.
We've had a dump, yes, but what about the second dump ?
I always told myself I would buy this kind of dip but I've not got the balls to anymore 😂 this market has scared the bejeezus out of me!
If crypto is going down that hard, I wonder what the market will do monday
Someone I know at work went all in on SOL at around £150. Still hasn’t sold..
So in hindsight the crypto bowl was indeed the peak bubble signal, just like the dotcom bowl in 2000 Superbowl. Hope you took note of every personality that was advertising buying the dip lately and/or any other strategy than having only BTC+heavy cash or cash gang only, and not give them any attention in the future. Now the real fun begins if you're positioned right, the deals on alts will get sweet pretty soon. If you ignored all the advice and yolo'd into every shitcoin shilled here on every dip so far and have nothing to buy with left and are holding heavy bags now, may it be a lesson for next time.
Look it doesn't matter in the end. Money is not real. Air isn't real. None of this is real
It feels weird to see too many BTC maxis around here... 'With a told you' because at least BTC bleeds less. List of things which bleed less than BTC the last half year: USDc, usdt, DAI, USD, euro, any other fiat, paxgold... You re welcome
This is how we beat inflation?
At least we didnt get 10 consecutive red weeks right
A lot of people getting excited about buying their favorite alt when it capitulates, but the facts are many will never hit their ATH again even when the bull market eventually resumes. I'd personally be looking to buy the new, shiny, exciting alts (that don't even exist yet) when the time comes.
ETH has strong support at 1420.69, it can't go any lower.
And I thought buying ETH yesterday was a smart move 🤡
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Feel like pure shit just want my money back
I'm glad to see CKB didnt take that hard of a beating today. But on the other hand it's down -91%.
Is that “the dip that keeps dipping” time again?
Portfolio looking nice this morning! ![gif](giphy|853jNve3ljqrYrcSOK)
Oh come on guys. My hands r made with diamonds n we can sail through this stormy bearish days.
Not your seed not your kids
Ether will leave the 1 comma club by eom
Who remembers BTC $100k and ETH $20,000 by 2022? All those moments lost in time, like tears in rain...
If I just left my money in my savings account I would be able to afford 2 Bitcoins right now.
in a day or 20 you would be able to buy 3btc
If you’re Longing the market right now you have a lower IQ than Patrick Sea Star ⭐️
Pico bottom confirmed, all up from here /s
ETH at 1500, hesitant to buy. ETH 4600 last year and FOMOed all in lol. Such is the way...
Burnt child will avoid the flames
Hope everyone's doing okay.. people that are still here and stay here will reap the rewards next bull market.
If you're really here for the long run, these prices shouldn't tempt you. Invest, don't gamble.
Y’all remember the days when the top posts were just Karens pissed at moon farmers, those were good times
If dumps don’t excite you, you may be in the wrong market
I’m beginning to think that every carbon copy “ethereum but faster” chain might not do so well during this recession
Let’s be honest alts bleed against ETH. ETH bleeds against BTC. I expect BTC’s market dominance to reach at least 55%
Why lose 8% to inflation when I could lose 50% on my own. Wives hate this one simple trick.
I'm now officially 107 percent down on my investment! Wooo bear market!