When is it time to leave crypto? - Weak hands and broken hearts....

[Begemot]

Just a question for the whales and day traders here:
I'm wondering whether I should just cash out. I've never had a big spread and only used pleasure money but I've seen a lot of 2017 coins just fall by the wayside and wonder if I'm not too emotional and HODLing out of delusion.

About 20 percent of my portfolio dropped last night and part of me wonders whether I shouldn't just take the money out and spend it on beer. I've got a mix of coins like Fantom, VSYS, kucoin shares, telcoin, Toko...

But the coin I've been obsessed about is powerledger (POWR). Even after its ATH after its ICO I still believe in it for ideological reasons and part of me thinks I'm just holding it out of spite.

Should I just use a trading bot and give up my pride?

 

[NOT Sword Fighter Super]

Please explain the holding on to a crypto for ideological reasons to me.

 

[the autist of dojima]

Please explain the holding on to a crypto for ideological reasons to me.

Funds
Are
Safu

 

[Admiral Mantoid]

>implying you can leave crypto
You're here forever.

Also go all in on chainlink.

 

[Begemot]

>implying you can leave crypto
You're here forever.
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View attachment 947906
Also go all in on chainlink.

If it was on my exchange I would, partly for meme reasons and partly because I kind of believe in its applications as a service.

Please explain the holding on to a crypto for ideological reasons to me.

Powerledger POWR is a cryptocurrency that is trying to make electricity units from solar power a fungible unit. It's based in Australia and solar panels on rooftops are a standard thing here. It allows you to trade units of electricity with whomever instead of just a random price one received from their service provider.

 

[Recoil]

Learn to flip real estate, get a license and never sully your hands with this bullshit again

 

[NOT Sword Fighter Super]

If it was on my exchange I would, partly for meme reasons and partly because I kind of believe in its applications as a service.


Powerledger POWR is a cryptocurrency that is trying to make electricity units from solar power a fungible unit. It's based in Australia and solar panels on rooftops are a standard thing here. It allows you to trade units of electricity with whomever instead of just a random price one received from their service provider.

This is weird and cool.

 

[Begemot]

This is weird and cool.

It is. I believe in the theory of it. Some part of me just wants to class this as dead money but I'm getting around 11 percent on my superannuation fund (pension fund) and a part of me kind of thinks I could put money into it.

It just feels like I suck at picking winners in crypto. I like stuff like Fantom but don't know if I should just HODL long term.

 

[NOT Sword Fighter Super]

It is. I believe in the theory of it. Some part of me just wants to class this as dead money but I'm getting around 11 percent on my superannuation fund (pension fu d) and a part of me kind of thinks I could put money into it.

It just feels like I suck at picking winners in crypto. I like stuff like Fantom but don't know if I should just HODL long term.

That's what seems to be the problem with crypto and why government-backed money is so attractive.

 

[Foxxo]

Just buy gold lol

 

[DumbDude42]

you dont get to "leave" crypto
once you're in, you hodl forever

 

[Skeletor]

Pressing F to pay respect to Bitcoin.

 

[Arm Pit Cream]

YAMERO

 

[Samoyed]

YAMERO
View attachment 949731

This reminds me of one dude I knew who invested a lot of his money into crypto. Sucks to be him now I guess

 

[Begemot]

This reminds me of one dude I knew who invested a lot of his money into crypto. Sucks to be him now I guess

I'm pretty sure the golden rule is don't put in money you can't afford to lose.

 

[Takodachi]

2 years ago.
That was the best moment to leave crypto.

 

[Angry Shoes]

Very few people seem like they actually believe in it currently. They're just trying to make a buck and leave some other unlucky bastard holding the bag when they sell.

2 years ago.
That was the best moment to leave crypto.

Hard pill to swallow, but 100% true.

 

[Least Concern]

I feel like "investing for profit" and "buying/hodling a coin for ideological reasons" are different goals which will typically require different decisions.

 

[Lvl.420 Space_Weed]

When you don't have to use it to get the good blotters from an old commune in Oregon.

Let's be real it has been and always will be a narco currency.

 

[Duke Nukem]

Crypto just sounds like another "get rich quick without having to do any work" scheme. I've seen Bitcoin being bought/sold on a certain trading program, and it rises and falls spectacularly.