I'll be honest, I never felt more fear than today. I screwed most of my awesome net worth from March and looking it bleeding even more is frightening. I laughed all crashes before, even when I had nothing almost, but this time is diferrent as those old numbers are making me going through the mare, I was just one little step from dreams and now it looks far away
Hopefully, that means time for reversal
If you didn't lose coins I wouldn't worry a lot long term... if you did, this is problem x 2.
Hm, yes and no. I took some losses, cashed out some but most are locked in bad alts/fees investment. I had 500 BTC at one point, I have 70 BTC available now, and probably 300+ locked in losing trades. Very losing trades, may I add
So all, in all, I could collect maybe 150 btc max now, and not fast as I could crash some stuff to oblivion if I'd cash out :p.
But honestly, there is only one investment that is bothering me. That was like 140 btc and now is at 30 max. I was cool with others going down, and kinda expected it after some time, but this one wasn't suppose to happen and I am angry on myself that I failed to went out on time when it did. I seriously couldn't care about bitcoin price if I had those 140 btc now, I'd be pretty fine with 200+ available btc.
Yeah, I might be good in long term, it's the time between I am worried about, lol
There's potential profits in a large number of alts... but they seem to be too uncertain in a lot of respects... accordingly, maybe as a rule, keeping more than 80% in BTC is a better practice. Currently, I have nearly 98% of my crypto investment in BTC.
Every single Alt has lost waaaay more than BTC... but I have NOT been as active in the alt scene to figure out ways to DCA and/or to cut my loose.
$250 bets? hmmmm