I originally bought at $4400, not the tippy top… but almost at the tip of the top.

    I’ve been averaging down, but at this point hesitant to continue throwing money at it… what is everyone else doing? Buying more or just holding?

    https://i.redd.it/3vyyyr1k0jkg1.jpeg

    Posted by Commercial_Ease8053

    27 Comments

    1. Meh. BTC is the only crypto worth a shit right now if you ask me. Kind of like when GLD traded sideways for years, SLV was even more useless until GLD went up.

    2. I bought my stack so long ago that as long as it doesn’t completely tank I’ll always be in profit. Therefore I’m holding onto it like a free lottery ticket.

    3. Rule of thumb, don’t believe in any investment that is solely held up by hopes and dreams.

      There’s gotta be financials behind something to justify how much it’s worth.

    4. KobeFadeaway248 on

      You need to keep averaging down if you believe in it or at least another major bull run. If you liked it at $4,400 you should love it here.

    5. TotalInstruction on

      For what? We can’t even agree on a real use for BTC, much less Ethereum and the whole array of niche and meme coins. What is the end game for all of this crypto? Replace real fiat currency? Lol.

    6. If I had known people thought the US government would have bailed out BitCoin I would have been buying more until they got told.

    7. RaisePotential6558 on

      I believe ETH will be the #1 coin in crypto eventually. However, when the market will wake up to the fact that BTC does not work and it’s actually worthless, it will bring upon a crypto winter that will be talked about in the finance history books. It will send ETH down a lot more which will then be a really great buying opportunity.

    8. You’ve bought the top. Less than a year ago. On a speculative “asset” that, so far, has been driven up and down in 4(?) year long cycles, caused by quirks of another speculative “asset”. And you’re asking if people believe ?

      You belong here.

    9. Crypto is the thing you buy exclusively at dip prices only to try and cash in on highs. NEVER buy it ATH or you’ll be left bagholding as a “long term investor”

    10. NoKaleidoscope6538 on

      Don’t listen to these losers here, they won’t help you but convince you to sell, just hold for 3 years , if you not long term sell when it hits $4400

    11. I set a mental note that I’ll send all my crypto the day I retire (like almost 19yrs from now) I mined my eth long time ago and after selling my mining rig I was even. Basically all my eth is free so it doesn’t matter to me if it goes to 0🤷‍♂️

    12. Don’t care to convince anyone seeing all the hate here but yes it’s going to be a fundamental part of technology as ai agents and digital currencies get adopted.

    Leave A Reply
    Share via