(Throwaway account for obvious reasons)I got into cryto's at the end of january. Got some Bitcoin early enough to ride the last wave and get hyped up, bought some more at the top and went into alts, and did some nice trades on the way down. I dollar cost averaged and bought the dips. Again and again... Put around 25.000 USD in in total, spread out pretty well I thought. Not more than I could afford to lose, I thought ...I was never really worried during the past dips as I had a lot of faith in the future of crypto's and the technology. And I really enjoyed reading up on the news and developments every day. Watching Youtube videos and such. Doing the occasional trade. And spending a lot of time on this sub. I never felt entitled to become rich, just wanted to ride the waves, enjoy the space, and hopefuly make a bit of profit on something I really believe in.But the dips kept coming. And then the alts started bleeding out and never stopped. Many are now almost down 80-100% from ATH. My portfolio of 25k is now barely worth 5k, and not even worth selling. At this point I'd much rather consider it all lost ...And that's what I'm doing. So much good news lately and the price just keeps tanking. And now people are dumping their alts to either get into BTC or get out of the market entirely. And personally, I couldn't care less about BTC. I get that there are a lot of maximalists that really like it, but it was never a project that really got me excited beyond pricing and it's historical position. Seeing it drag down and dominate the entire market over and over just pisses me off. And I'm sick of it. And I'm sick of constantly checking the price only to get frustrated and more and more disillusioned. It's just not good for my mental health.So today I deleted my coin tracker accounts, uninstalled all crypto related apps from my phone, and unsubscribed from all crypto subs I was following. Moved all my alt coins to hardware wallets and locked them in a safe. Not worth selling. The only coin I had left in the green, Bitcoin, I sold and took the money out of the market. Barely broke even on that after fees. Oh well ...I just wanted to wish everyone good luck and thank you guys for a fun and exciting 7 months. I really enjoyed this sub during the good times and the bad. And to the people who are depressed or freaking out, I really would suggest to do what I did. Store your coins, uninstall the apps, and just walk away. Check back every six months or so and live your life. Every time I took a week or so off crypto's I felt so much better. And I know I won't be able to deal with a year or two long bear market that perhaps could get much much worse. So this seems like the right thing to do.Take care everyone. Thanks for the heavy bags you smelly bastards! j/k. x
Submitted August 14, 2018 at 06:52AM
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