Invested into crypto 15k+ euro

History has proved that there are ups and downs .

As long as there is nothing preventing the crypto currency from going bankrupt there is a good chance it will break ATH again , but it could take as long as 2022.
 
Advertise on BHW
mickyfu said:
Personally, I'd just hold. I'm in the same situation, my money is 1/10th of its value. But honestly, I can't see it recovering. You could day trade it. But it would take a lot of luck and time to day trade it back to 15k. Depends how much you need the money. If 2.2k is a lot to you, I'd consider ditching the shit.
Click to expand...
Daytrading might be a bad advice to someone investing 15 k in one batch. Next time you want dollar cost average in your holdings. This means you take your total amount if investment money and buy each Friday (mostly cheaper then other days) a small portion of each coin you want to invest in. Make it a habit andgo real slow. This way you d averaged a much better price. Your picks are not the worth to hold long term. This market will wipe out many alts, many will go to near zero. You picked some that might recover well, some might die. Id sell all coins which are not in the top 20 of cmc and buy Btc with this funds.
 
I'd say right now the market is mild, where in the fourth quarter of the year. And lots of movement is expected during the ending/beginning of the year.

I say buy and hold on to your underwear
 
It's best to hold from here, you've been through the worst and you won't lose much from here, so instead of exiting and kicking yourself if the market improves, I'd suggest holding and forgetting about it for awhile.
 
Lol, sorry to hear that @OP.

But the only people who will make a killing on this dumb cyrpto shit are the people who took a gamble out of boredom back when it was practically a zero-risk investment at a very low cost. And the only reason it skyrocketed in price is because everyone is treating it like a "get rich quick" investment and probably has no idea what it is they are buying.
 
I am in the same bot with investment of 5k+ dollars, Waiting for the cryopto to make new heights.
 
3hlut said:
Total nonsense as you completly don't understand the purpose and goal of crypto like majority here.
Crypto is a product of bankers to replace customer banks and change cash money into digital money turning the society cashless to go on with other changes they want to implement once its done.
The bearish periods are being used to adjust ,improve and prepare for bigger addoption because else the crypto space wouldn't be able to handle this amount of users without getting a break and would have to close it doors like it happened many times.

BTC volume already increased by 3 times since last year if you take out the price diffrences .Thats a gain of already 3x in a single year in adoption and that in a bearish market
Click to expand...


The only reason why those bankers are investing is to make money.

All the real value is in blockchain technology. In transparency without the bullshit bank fees. A decentralized banking system.

To think the world is just going to go digital anytime soon is pretty naive. But a digital currency is the future.
 
Last edited:
JordEX said:
Well, i'm in crypto since 2016 and i lost 250k (basically all the money i had) and had to get a job at car washing for several months
so in my opinion you fine.
Click to expand...

you lost 250 k?? that's really a big amount.
 
The problem is you're looking at it in terms of fiat. Crypto will replace fiat in the future, so you actually have not lost any money - unless you have sold your crypto.
 
Damn. You already "lost", just forget about it and move on, one day it will be recovered and you will earn much more(some of them, but i see you have a bunch of shitcoins)
 
dennisyu said:
The only reason why those bankers are investing is to make money.

All the real value is in blockchain technology. In transparency without the bullshit bank fees. A decentralized banking system.

To think the world is just going to go digital anytime soon is pretty naive. But a digital currency is the future.
Click to expand...

It's funny how everyone likes to use term "blockchain technology" but don't even understand a thing about it and how it works. There is almost nothing special about blockchain and it's even older than bitcoin. The currency and POW system is what drives the blockchain forward, without it, it's almost nothing.
 
You didn't invest in anything, you bought the hype, speculated on 1's and 0's and lost your money.

Blockchain technology has underlying value, most crypto coins do not. The issue is blockchain is open source and will be implemented by many companies but that isn't tied to the value of these coins, the two can be decoupled.

Most coins will go to $0, enjoy the decline.
 
Friendly advice: Trade all your crypto for trx and bitcoin, about 70% bitcoin, 30% trx. trx has a great team behind and keeps making progress. bitcoin is the big boss. if it goes up the others will follow (not every crypto) but bitcoin is safe bet.
If you are in need of money it's up to you to take out or not. Bitcoin will rise again but maybe not this year. We entered a bear market and its unpredictable, but with the analyzies its estimated to last 2 years max. If we rise again, it sure as hell will break the 20k$ mark.
Also bitcoin has potential to become a future store value like gold.
As a payment method, there is better options and more anoymous than bitcoin.
Everyone already knows about bitcoin, everyone got in.
There wont be 1000% altcoins anymore.
 
MrE said:
The issue is blockchain is open source and will be implemented by many companies but that isn't tied to the value of these coins, the two can be decoupled.
Click to expand...
Exactly. All this blockchain adoption hype means nothing to cryptocurrency in reality. No business is going to pay money to use it's own database. It's not going to fucking happen. Why would an entity the size of Wells Fargo need a public blockchain when it owns like 20,000 PCs? It can distribute entirely across physical systems it owns. Blockchains can exist without coins for people to speculate on.
 
  • Like
Reactions: MrE
When you hear crypto is dead talks, you should be happy. This current negativity is good. It means we are near the bottom. I remember back in January everybody was making money in crypto everyone was rich that was a danger sign.

HODL bro, it shall be well.
 
Never sell crypto for loss. They will be profitable one or another day. Just patience is what you are required. Dont think that just because you hold crypto, you will be profitable.
 
satyr85 said:
Some posts from this thread should be sticky in crypto section.

@OP Hard to say if this cryptos will recover, probably not. Crypto is speculation, market dont have any "real" reason to go up. Maybe in few years there will be one more cyrpto bubble but personally i dont think so.

Crypto market is quite big right now, bitcoin capitalization is 100 bilions usd, whole crypto market is probably ~1000 bilions USD (so 1 trilion USD).
Whole world stock market capitalization is around 100 trilion USD so crypto market is small compared to stock market.

Now lets say we want whole crypto market to grow by 100%, it would mean we need 1 trilion USD pumped in crypto market.
Lets say we want crypot market to grow by 1000% (btc would cost $60k by then) - we need 10 trilions usd.

So as you can see in theory crypto market can rise, but it probably wont because there is no real reason to rise, its speculation, coins produce no real value and tons of money would be needed to rise crypto market by 10 times for example.

P.S. Every era had its bubble
Back in 2000 there was end of IT buble, any company related to IT was going up on stock market, no matter if this company was actually earning money or not.
In 2008 there was end of real estate buble, before 2008 i saw many companies from real estate niche doing 500%/year on stock market for no reason.
2017-18 - maybe its end of crypto bubble.

Look for new bubble, it will be there for sure, jump on train early enough and you can make millions.

P.S. Probably next bubble (or one of next bubbles) will be AI (artificial intelligence, the singularity) bubble. When we will be close to real singularity small and big fishes on stock market will know that company that will create singularity will open new era of humanity so i bet people may buy stocks of any companies related to AI in future just to jump on train.

P.P.S.

To rise crypto market by 100 times so every coin is worth 100 times more than its worth now we would need 100 trilions USD all money on all stock markets on the globe. This just wont hapen, 10x rise also wont happen. Low x times may happen, but still there is no real reason for that.

P.P.P.S
Stock market is really high right now, crypto is far away from its maxes. Sooner or later stock market will crash, people will stell stocks and thats when cryptos in theory can rise because some people who earned $$ on stock market may be interested in investing $$ somewhere while stock market is falling. Thats pure speculation but it may happen, so guys look for signs of big crash on US stock market and than look on crypto market - if there will be signs that trend is changing on crypto market it may be time to buy.
Click to expand...

That's not how market cap works for crypto or stocks. To make the market cap go up 1 trillion you'd probably need less than $50 billion for crypto. Market isn't worth 1 trillion now though anyway, less than $200 billion.
 
The only reason why those bankers are investing is to make money.
Click to expand...
Totaly wrong.The central banks will start making money once the cashless society have been implemented.They don't need to make a single cent now when they will get everything in a few years.

You didn't invest in anything, you bought the hype, speculated on 1's and 0's and lost your money.
Click to expand...
I like that statement as most projects in reality give nothing in return for the paid money of their tokens.
Sometimes its a joke and still people are investing millions in tokens which gives the owner no rights or any beneficial advantage.

Blockchain technology has underlying value, most crypto coins do not. The issue is blockchain is open source and will be implemented by many companies but that isn't tied to the value of these coins, the two can be decoupled.
Click to expand...
Top notch answer......thats the final stage after the big hype which will be coming

Most coins will go to $0, enjoy the decline.
Click to expand...
All shitcoins are already going to $0 but many projects like even bitcoin is going to see a very low price if not $0

Also bitcoin has potential to become a future store value like gold.
Click to expand...
Thats exectly what they want you to make belive and that it will have bigger gains than gold

Exactly. All this blockchain adoption hype means nothing to cryptocurrency in reality. No business is going to pay money to use it's own database
Click to expand...
Totaly wrong.The whole world is going to move to blockchain.Why ?Because blockchain is very transparent means you can check on every citizen what he did from A to Z
You should look at the pilot cities which are being run by blockchain
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top