Parabolic rises always end in tears... for somebody.
Truest words on this forum.
Or... Recovery from crash always ends up in big smiles :p
Depends on your point of view! hodlers will be happy regardless
I've been through a crash. Been underwater in bitcoin. But I didn't cry, and I didn't sell at a loss. I just DCA-ed down and hodled. And had to listen to the squawk of bears and trolls for 18 months straight.
Now I have big smile. And balls of steel.
When it happens again, I'll just do the same.
I think that you are referring to 2014 and 2015 as your 18months of putting up with bear troll bullshit, and including in that time frame a considerable amount of time of your BTC related holdings being in the red.
I think that mine were in the red a large portion of the time from late 2013 until early 2016, so more than 2years of being in the red - although through much of early 2016, I was kind of on the borderline of being in the red and black depending on accounting methodologies, too.... so even though BTC prices largely bounced around between $350 and $450 for an extended period of time in early 2016 and many troll bear nutjobs speculated that BTC prices would never, ever, ever, go above $500 again, I remained fairly content during that period, even though I kind of felt that I was in a kind of "break even" status.
