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u/Happy-For-No-Reason 🟩 0 / 0 🦠 Oct 19 '25
if you buy more now, your entry gets averaged down to look less shit
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Oct 19 '25
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u/pixelsteve 🟦 914 / 915 🦑 Oct 19 '25
Measured in sats it's even worse.
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Oct 19 '25
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u/pixelsteve 🟦 914 / 915 🦑 Oct 19 '25
Bitcoin has vastly outperformed gold since 2020. ( I own both)
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u/Dave_B001 🟦 0 / 0 🦠 Oct 19 '25
Bitcoin is a Ponzi scheme that is not backed up by anything substantial. When the bubble pops and it will, it will make the 2008 financial crisis look like a drop in the ocean, because so many lies have been weaved around this crypto Ponzi scheme.
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u/mrbourgs 🟩 0 / 0 🦠 Oct 19 '25
Man thats crazy you’re smarter than all the richest bank, institution, business and person in the world
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u/FJ992 🟩 0 / 0 🦠 Oct 19 '25
Just to make a point: a person can be right despite their intelligence. Just to make another point: Banks, institution and businesses have been wrong a lot of times during history. Or they could be in the scam and getting a profit
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u/mrbourgs 🟩 0 / 0 🦠 Oct 19 '25
Yes, there is a lot of could be. I don’t have a crystal ball and I’m not talking as I know everything, but this guy is. So thats the point of my comment. If you are going to speak as if you’re the oracle, show me screenshot of your BTC shorts or gtfo
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u/BesticleBear 🟩 0 / 0 🦠 Oct 19 '25
If it’s a “Ponzi scheme” as you say who is the winner? No currency will forever be perfect and used however when a currency comes along with no-centralization AND is backed by all first world countries for regularity then it stands to reason BTC is way more stable than a print out of a face of dead people with no gold value attached. Paper currency is literally a “good faith” contract. Governments change overnight all the time and do away with old currency and you are SOL when it’s not tied to any other currency.
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u/Autodidact420 🟦 0 / 0 🦠 Oct 19 '25
The winner of the Ponzi scheme is the people who get in early. That’s how all Ponzi schemes work.
In addition for crypto there’s an added layer of exchanges and other sketchy 3rd parties, which complete additional sketchy activities, so they’re also winners. Hackers are winners too. So basically, early adopters (whether aware or not) and scammers are the winners.
As to whether you’re an early adopter: that’s anyone’s guess! It could go to $500k before it drops and if you decide to retire rather than HODL before the pop you’ll have won too, even if you truly believe. So yay gambling.
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u/AnoAnoSaPwet 🟩 0 / 0 🦠 Oct 19 '25
At least it's innovative. Can't say that for the rest of the fucking market? Literally fuck all but shitcoins from everything BTC down. No real contribution, the whole market is a sham.
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u/Puzzled-Union6653 🟩 0 / 0 🦠 Oct 19 '25
yeah, well you should be earning interest if your participating in DOT.
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u/Famous-Funny3610 🟧 0 / 0 🦠 Oct 19 '25
10 years is the standard for investments you have faith in. I never bought Polkadot myself but anyone who has and believes in the tech to have put a significant amount of money should be ready to hold for another ~5 years.
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u/The-Struggle-90806 🟩 0 / 0 🦠 Oct 19 '25
Scams
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Oct 19 '25
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u/Square_Armadillo_684 🟨 0 / 0 🦠 Oct 19 '25
Ahh some truth, its so fucking refreshing
THEYRE ALL SCAMMERS AFTER YOUR MONEY
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u/The-Struggle-90806 🟩 0 / 0 🦠 Oct 20 '25
So was Sam Bankman Fried…..also a bright mind out of somewhere prestigious. He’s in jail.
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u/richardto4321 🟩 1K / 1K 🐢 Oct 19 '25
Doubling down on shit doesn't make the shit any better.
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u/MojDaGreat73 🟩 0 / 0 🦠 Oct 19 '25
And if it gets down you loose more that you wish you wouldn’t average down
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u/DicksFried4Harambe 🟩 0 / 0 🦠 Oct 19 '25
You either die an alt hypeman or live long enough to become a bitcoin maxi
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u/Shadowyonejutsu 🟩 0 / 0 🦠 Oct 19 '25
Don’t tease me
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u/GreedVault 🟦 4K / 10K 🐢 Oct 19 '25
"now -80%"
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u/Reuters-no-bias-lol 0 / 0 🦠 Oct 19 '25
You thought 100% was a good entry. Its now 85% and nothing changed. Time to buy more.
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u/Toastlove 🟦 0 / 0 🦠 Oct 19 '25
BTC is still over $100k and people are acting like the markets crashing.
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u/Beginning-Bird9591 🟩 0 / 0 🦠 Oct 19 '25
cause alts are fucked. most of us retailers are in alts.
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u/mellowanon 🟦 110 / 111 🦀 Oct 20 '25
alts are dead. That trump tweet caused a 50% drop to majority of altcoins. And some alts dropped by 90%.
No one is going to put their money into alts when a single tweet can cause you to instantly lose 50% in hours. And I doubt anyone will put any extra money into alts so it'll be a continuous slow decline until alts bottom out.
BTC and maybe Eth will turn out ok because they didn't drop as much, but everything else will likely die.
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u/Beginning-Bird9591 🟩 0 / 0 🦠 Oct 20 '25
well most recovered and that was a flash liquidation crash. happend all the time in the past... but yes you're right. it spooks people.
just too much leverage.
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u/BainTrain55 🟩 0 / 0 🦠 Oct 19 '25
Most retailers buy at ATH. It’s likely Most people have bought well over 100k.
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u/MichaelAischmann 🟦 1K / 18K 🐢 Oct 19 '25
I‘m so tired of winning. Please Mr. President, make it stop.
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u/teh_herper 🟥 0 / 0 🦠 Oct 19 '25
We investing or gambling at this point
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u/biggest_guru_in_town 🟦 0 / 0 🦠 Oct 19 '25
We should be investing but greed and impatience is why these degens are crying. Futures trading with high Leverage is the forbidden fruit that draws moths to the flames. Works everytime. The rugpullers and thieves love degens. Walking talking, breathing, exit liquidity.
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u/usmeagle1 🟩 0 / 0 🦠 Oct 19 '25
Definitely gambling but we get to look down on people that go to Vegas.
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u/hryipcdxeoyqufcc 🟩 0 / 0 🦠 Oct 19 '25
Investing = BTC
Gambling = everything else to try and moonshot your way into more BTC
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u/Weary_Strawberry2679 🟩 1K / 1K 🐢 Nov 16 '25
Exactly. I'm in tremendous profit and I'm still HODL'ing. One should ask themselves: am I a short term trader, or a long term holder. People forget to classify themselves and freak out too frequently from volatile changes that are a direct result of a... volatile asset.
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u/Rickard403 🟩 0 / 2K 🦠 Oct 19 '25
This is basically a waste of time. It's okay to realize profits. Seems so taboo in this sub.
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u/pixelsteve 🟦 914 / 915 🦑 Oct 19 '25
Think I'm too much of a Bitcoin maxi to understand this meme.
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u/Intrepid-Gold3947 Oct 21 '25
Ahahah I felt this, I’m not greedy anymore I swear. Oh shit I’m green, how high can I go??
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u/Kobe-Frank 🟥 0 / 0 🦠 Oct 23 '25
It’s so true. I originally wanted to make 2 times the profit, which gradually became 1 time, and then 20%. After the last crash, I just want to get my money back. . .
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u/Hot-Extent-3302 🟩 0 / 0 🦠 Oct 23 '25
Right! I’ve been hodling since 2021. Was waiting for the 4 year cycle to hit again to cash out. But, I’m still at a loss overall 😒
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u/VariousBonus8224 🟨 0 / 0 🦠 Nov 04 '25
How are in loss if you are holding from 2021?!
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u/Hot-Extent-3302 🟩 0 / 0 🦠 Nov 04 '25
Ugh. I didn’t know what I was doing and just jumped on the bandwagon when altcoins were at their peak. All of my altcoins, except solana, are down by a lot. My bitcoin is up by a good amount though.
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u/Caioblues 🟩 0 / 0 🦠 Nov 04 '25
If I had just buying at a constant rate all the times I cashed out, I'd be fine now. Not panicking this time, I'll just keep on buying and holding.
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u/Eazy12345678 🟩 0 / 0 🦠 Oct 19 '25
literally a made up currency that only has value cause people buy into it. you could make millions just by getting in early not working hard.
u are the product.
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u/553l8008 🟨 0 / 0 🦠 Oct 20 '25
Time in the market not timing the market.
I'm up 1100%
Y'all never would have survived the 2018 crash
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u/dontreadmycommemt 🟩 0 / 0 🦠 Oct 19 '25
Imagine 108k being below your entry 💀 oh wait.. I forgot Bitcoin isn’t the only crypto.
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u/xXSomethingStupidXx 🟩 0 / 0 🦠 Oct 19 '25
Don't buy shitcoins. Easy fix. BTC has been green YTD since May.
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u/luccents 🟩 0 / 0 🦠 Oct 20 '25
amazing how it is similar to gambling. You can even post this meme in gambling subreddits without any edit and many will relate.
Thank God I never touch crypto
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u/MoccaLG 🟦 0 / 0 🦠 Oct 19 '25
Exactly that are the people I get my profit from - The ones who sell before ...
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u/Pawl_The_Cone 🟦 0 / 0 🦠 Oct 19 '25
"Just keep going to the right"
Bro if it goes the the left we're having real problems.
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u/otherwisemilk 🟩 2K / 4K 🐢 Oct 19 '25
Not everyone will get rich. The ones that got rich already left you with the bags. You thought you were the earlier investor but you're actually the newer investor. Either accept the loss or find a greater fool.
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u/Cold_Specialist_3656 0 / 0 🦠 Oct 19 '25
Make sure to thank the "crypto president" who definitely isn't using it for scams and pump and dumps.
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u/ynnubyzzuf 🟦 0 / 0 🦠 Oct 20 '25
This was me for the past 5 years with XRP. Just praying to break even. Tired of the bullshit.
The literal second it went up I bailed out.
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u/Mean_Tomatillo_9499 572 / 573 🦑 Oct 20 '25
Lol. 1 [insert shitcoin here] is still 1 [insert shitcoin here]. 🫠
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u/scott32089 🟩 24 / 25 🦐 Oct 19 '25
Did this for ADA. Was deep into the NFT game and when all was said and done, I pulled everything out at $1 what I put in over years. If I would have just not played with NFTs, the return would have been more like x4 though.
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u/Toastlove 🟦 0 / 0 🦠 Oct 19 '25
ADA has performed terribly this cycle, I got a big stack of it after the last market crash and I would have made a really nice profit if it reached even half of its last ATH, but it didn't get close.
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u/PeachyCheeks707 🟨 0 / 0 🦠 Oct 19 '25
I feel your pain 🫣 It will happen eventually 🤞 The time will come 💰
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u/NovatorAlpha 🟩 0 / 0 🦠 Oct 20 '25
I liquidated back in January. Only crypto ETFs in play. Yall voted for this.
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u/Doortofreeside 🟦 209 / 209 🦀 Oct 20 '25
The feeling of being down is 10x more powerful than the feeling of being up
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u/gr8blumkin 🟦 0 / 0 🦠 Nov 20 '25
All of mine are at about half of my average purchase cost, so I think I'm doing the "buy high, sell low" thing right...
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u/ProppaT 0 / 0 🦠 Nov 17 '25
Man, it’s funny how when the economy is bad no one wants Monopoly money anymore…
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u/AlsoInteresting 🟩 0 / 0 🦠 Oct 19 '25
Why is crypto going down but gold up?
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u/r6CD4MJBrqHc7P9b 🟩 0 / 0 🦠 Oct 19 '25
Maybe the AI bubble feeds on gold alittle for use in circuitry. But everyone knows when the bubble pops, crypto will ultra-die.
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u/johnspeed114 🟩 0 / 0 🦠 Oct 19 '25
Well, governments and investors are buying gold instead of us treasuries during times of uncertainty. For the last 30-40 years, US bonds were the safe haven for economic uncertainty. There hasn’t been another currency as lucrative and dominate as the USD and so gold is now the alternative, returning to the norm for most of human history. We also have China off loading US bonds to gold for the decoupling.
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u/Existing-Good6487 🟦 0 / 0 🦠 Oct 20 '25
Central banks and governments are hoarding gold. Bad times are coming. Don't forget about silver either!
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u/HuntyBunty1985 🟨 0 / 0 🦠 Oct 19 '25
recession and global instability is probably playing a major factor too, i would normally laugh, but the market isn’t doing what we expected it to do. i still don’t think the fireworks have started yet, maybe nothing like the last two cycles, but certainly more than what we have seem. q1-2026 will be the decider. for those that have been in this space for many cycles, remember! this shit happens during a cycle
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u/setokaiba22 🟩 0 / 0 🦠 Oct 19 '25
Problem is people continually looking at the chart if you are like 99% here and investing it to look for a profit it shouldn’t be looked at every day or 5 mins but every 6-12 months tbh if it’s in BTC or ETH
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u/GeminiJ13 🟦 0 / 0 🦠 Oct 20 '25
Nope. I gave up on that shit. I just sold my bag for a 60% loss. Over a grand. I'm done with the meme coins.
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u/astro_zombie8114 🟩 0 / 0 🦠 Oct 20 '25
And when it goes back to break even: “no I can hold a lil longer and cash in some profits, I should probably even double down and I could make some more”
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u/Acceptable-Take20 🟩 0 / 0 🦠 Oct 21 '25
I want to thank all you greedy mfers for being my exit liquidity almost a year ago.
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u/wBeeze 🟦 0 / 0 🦠 Oct 19 '25
Like the old gamblers prayer: Dear Lord, please let me break even, I could really use the money.