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    My Crypto Portfolio Sucks, But I'm Not Giving Up…



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    View 31 Comments

    31 Comments

    2. Joseph Wilson on

      I was almost in a similar boat, fortunately I follow Darius Dale at Macro 42 an he was yelling last fall to get out of high beta, I recomend following him for his macro view, he really doesn't speak directly to anything specific crypto other than BTC (which I would put in a catagory all by itself) but his economic/market eyes are pretty good.

    3. Steve Jones on

      Bitcoin BTC is the only independent fundamental decentralized ideological coin and true store of value that is not owned by a company or under government control. All other altcoins are considered as security, It belongs to companies,, and can go to zero anytime, they've been created out of thin air. If any govt closed any altcoin co. their coins value to go to 0.

    5. Ray K on

      Appreciate your honesty and insights Here.
      Bottom line: don’t invest in something you don’t understand. Do your homework on any Crypto venture. Blockchain is here to stay.

    7. andres mendoza on

      Yeah I´ve also lost some money with other investments, but this is how it is, we just have to persevere, makes no sense to just leave it in the bank and try to make profit on interests……of course, this is also not about gambling, we invest in projects we truly believe in.

    9. Simon Shipton on

      Erm… I’m not a businessman nor an economist. But here’s a question:

      What influences the price of crypto currency?

      Because they’re not made in any country and their value isn’t based upon anything physical, it’s difficult to understand what influences their value.

      If there’s a scarcity of something then its value goes up. I reckon crypto is a complete scam and it value is artificially controlled in order to get people spending real money on it.

    10. Marko R on

      If you own only bitcoin, just hodl, you didn't lose anything. If you have shitcoins or were lending via too good to be true platforms, then I'm sorry, but at least you learned a valuable lesson.

    15. Lucas Flaherty on

      Brilliant analysis of the different things to watch for on the different time frames. Good to see everyone feels the same way when they lose money, everyone thinks they could do this or that with that money which is as good as gone, instead people refuse to seek help from professionals. Daniel Jack set to be different and unique, i made about $180k already from his day tradng, all i did was to copy his daily signals, am done having heart breaks hodling and trading myself lol

    18. Robert Jaster on

      There is time for investment and time for sell. Sadly people always like to buy when CMC is green not understand it's too late. When crypto is down and uncertainty shakes weak hands that's the right time to buy, sell when Bull Run is full ahead. Right now crypto is bleeding, and that's the time to build portfolio and prepare for sell in 2024

    20. Spike Ew on

      Crypto is for trading only. Hodler investors get burned every time. I’ve played options this and made money and I still don’t understand it or even care. Buy low sell high. Just like Tesla. In this market leveraged and inverse leveraged ETF’s are the plays as well as dividend ETN’s.

    25. TheWhisperCorner on

      I asked a friend who is an accountant with 20 years experience what his opinion of crypto was. "I know as much about it as I know about greyhound racing. Stay clear of it."
      I invested £100 and turned it into £230. I invested another £100 and it's now worth £26. Swings and roundabouts.

    26. Jeffrey B on

      I never got involved in any crypto. I’m smart enough to know how the game works. The Ponzi sector is collapsing.

      It’s good that these things happen because people get spanked and learn a good lesson.

    28. Marvin Storma on

      Yup ! Fear of missing out ! Look at the fundamentals of Crypto. These coins were advertised as being an exchange that operated outside the tax laws. Not anymore ! Ask yourself what is the residual vale here ? There isn't any. The whole thing is reminicent of the Tulip mania. At leat people who bought into it could grow Tulips afterward. Experts on the sugject ?? Go ask folks who are Gold and Silver bugs ?? All they talk about is price going to the moon ! But ask them what the cost of production is and all you will get is blank stare. About a year ago Golden Nut Sack was telling everyone that Gold was going to 3000 and that everyone should buy in. All Golden Nut Sack did was buy up a lot a futures contracts and the tried to get the public to invest in Gold so they could profit. 5 to 10 years from now Crypto will be history !!

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