Hey guys,
I just wanted to hear some real opinions from people here.
About a month ago I put around €2,430 into Ethereum. Now it’s at about €2,530, so I’m a bit up, nothing crazy. But lately I keep seeing people online saying crypto could crash hard or even “die,” and honestly it’s making me unsure what to do.
I’m not trying to get rich quick, but I also don’t want to lose my money, i have another 13.6k on savings im 25 but idk still if i lose this 2.5k that ting would hurt.!! Any thought
So I’m curious:
Are you holding your crypto right now or cashing out?
If you were in my position, would you take profit or just leave it?
How are you dealing with all the uncertainty?
Would really appreciate honest answers from people who are actually in the market.
Posted by NegativeGrape5841
15 Comments
HODL. Next question.
You hold, it goes down. You sell, it goes up. Choose one.
HOLD of course.
As any other investment crypto has some risks. You either hold it or lose
All media is DESIGNED to get you to buy or sell. The financial system doesn’t make money when you hold, only when you buy or sell, so they pay outlets and analysts to influence you. It doesn’t matter which way, as long as you do one or the other. Right now algorithms have notice you clicking on sell side material, so it keeps feeding you that. Once you realize this, as long as you have a solid thesis and conviction, you will become an infinitely better investor. Remember, the most successful portfolios are held by dead people. Just chill.
fam… don’t listen to people online
Most are futures degenerates who think they can manipulate the price in favour of their short positions (they can’t, you need money to move the chart- not an internet connection and a keyboard)
Disclaimer: I did not check the price for 2 years and am a forex trader, so idk how the chart for eth looks. But after BTC it is the safest crypto asset
You should ask yourself what the consequences are, if you lose everything.
Why did you decide to invest in crypto instead of putting your money in a savings account or a broad ETF for example?
People who says crypto will die dont own any crypto, please dont believe that nonsense
Sell please so that it goes up.
In all honesty no one knows. Quantum computing might be a risk for eth, or it might not be.
Lol
Sell now and buy in June. You’re welcome.
Neither. **BUY**.
Stop answering folks, this is a rhetorical question 😉😏
A month is literally nothing in the world of crypto. Look at the full history of the ETH price chart. You’re not going to make a quick buck from it, but it’s pretty safe to assume it will go up eventually, but it’s entirely possible it will go down first
If social media is saying its dead, that means its time to buy. Blue chip crypto is the last cheap asset right now, everything else is at ATHs