BTC is dropping to $65K… after all the hype—cycle completion, alt season, crypto treasuries, and all the predictions everyone was shouting about bla bla bla… you name it.

    Since day one (March 31, 2024), I’ve chased every dip, tracked every move, and tried to follow every tip I could find… and all I’ve gotten is loss after loss. No gains, no magic turnarounds, just constant frustration.

    After this crash, I have to ask… is crypto ever coming back, or is it done for good? Has anyone actually found a way to make this work consistently, or is it just luck? Drop your thoughts. I seriously need some realism here.

    Crypto ❌ Curse ✅
    byu/its__Angelina inCryptoCurrency



    Posted by its__Angelina

    36 Comments

    1. its’ really difficult to trade this successfully. Holding long term is probably better for you

    2. Same every cycle. They said this one would be different – it wasnt. But it will come back again as it always does, and higher than before. Higher lows and higher highs. People felt like you do now at the last down turn from 69k ATH. It went up to 125k this time. Either forget about it for a few years, or DCA whilst its down and make more money next time.

    3. The cold hard truth is that the people who made millions in crypto all bought btc below 100 dollars. Everyone buying in now is just exit liquidity for early investors.

    4. Before all experts will come to say how they will “buy the discount” I want to mention one thing: This is not a typical crash and its not only crypto thats going to shit. Something big its hapenning and big money knows it first before everyone else gets stuck.

    5. fan_of_hakiksexydays on

      Bitcoin went up 8x this cycle.

      I would understand if this post was about alt coins. It was harder to make money in alts this time around.

      And even some of those hit ATHs or at least had also 8x or more.

      But what tip did you follow?

      And yes, you can make money. Anyone who is patient and sticks it out for more than 4 years had so far consistently made gains. That might change one day, but so far the 4 year script is still playing out to this day.

      But people who chase quick gains, follow narratives, believe too much in shitcoins, FOMO in then panic out, have consistently lost money.

    6. BTC failed to perform when presented as a possible hedge against inflation and further world instability.  

      Grifter in chief has further weakened potential crypto viability. 

      Personally I’ve shifted away from crypto to cash flowing companies.

    7. omnipotentnothing on

      Wait 4 years and revisit this post. You’ll be happy you held. Volatility is extremely common in crypto. Large liquidations are cyclical. The people online you see freaking out are retail who yolo gamble thinking it will go up forever in the short term. Assets move in cycles, and crypto is no different. The volatily is a feature not a bug. The patient will retire early, the fearful will get liquidated and call scam.

    8. Boring-Ear-7198 on

      4 year cycle, learn about it and stick to that. Don’t listen to the Hype boys/girls saying everything will be different. It won’t. Hold what you have and wait. I was down 85 percent after the 2020 cycle ended, with a significant amount invested. Lost a ton of money when Terra crashed. Waited, almost sold emotionally at bottom, then made back all my losses plus some last year.

      Almost didn’t sell again, greed almost got the better of me. Just breath, don’t check the charts for a while and wait for the bottom to be in sometime later this year, then buy. The bottom of the last cycle was 15k sometime around 2022 I believe. Imagine buying then. That’s a pretty good return if you sold this cycle. You’ll be ok. You’ll learn like I did last cycle 🙂

    9. Zealousideal_Neck78 on

      The adoption by the masses isn’t here. May never be. People who were involved moved over to gold, silver hard assets. Those who said they’ll never sell did exactly that. Big waves of panic selling crashed the price. Will it come back is anyone’s guess.

    10. Long_Tackle_6931 on

      Ive invested in markets many years from real estate to BTC to gold to shares. Made millions – still have them, from scratch and not halfway through my career. What I can tell you is

      There is no certainty in life. And people who are loudest about something, such as bitcoin is about to replace US dollar or other way around bitcoin will go to 0, you should safely ignore. If they’re not selling you a product like Michael saylor and hence saying such ridiculous rubbish, they’re probably an idiot and probably can’t even scrape together $1 million dollars.

      Would you listen to an idiot for financial advice? Especially on Reddit? Ha

      The time to buy crypto is half a year after these idiots’ feed stop popping up

    11. The secret to making it work is taking the long view. Trying to time the market will invariably lose you money. You might make some temp gains but they are fleeting and you give them back if you keep at it.

      The secret is when people start asking “is crypto done?” that’s when you start buying. Don’t over leverage yourself, and understand it may keep falling. Keep buying.

      I was in the same place you were in 2018 after all my awesome end of 2017 gains evaporated. At one point most of my initial investments were 80-90% down. But I kept DCAing into it through that crypto winter and those gains have put me probably 10 years closer to retirement.

      I personally don’t think this crypto winter will be as long, or as severe as the ’18 – ’19, and maybe not even as bad as the 2022 pullback. I can say I added to my holdings yesterday though for the first time probably 2+ years. I’ll likely keep adding as it falls. If you do the same, and keep the long view, you’ll make money off it.

      Crypto isn’t going to die. Many alt coins will fall off a cliff and never recover, but most of the well established projects with good dev teams and responsible, reported finances will weather the storm and regain ATHs eventually.

      Tldr; don’t give up, this is an opportunity to actually make money where the last few years were only a trap.

    12. My friend, you got scammed. If you wanted to make millions, you entered almost a decade too late. Now you are just an exit liquidity for real players. Human traffickers, drug cartels and dirty politicians already used it, got exposed and are in the process of moving to another way. And they’ve learned their lesson, so next one won’t be public, just like it was for centuries.

    13. I’ve asked the same question late 2022. Speaking from experiences, you over traded and took more risk than you can accept.

      Stop opening the app, tracking the moves, listening to the crowd. Fuck the dip, fuck the bounce. Go on with your life and come back 2027

    14. After the 21 bullrun I patiently waited through deepest bear, bought not so far from the low and sold on the way up 🤔 Easy money in hindsight, but buying when everyone thinks crypto is dead isn’t easy. It’s easier to enter in FOMO and make losses.

    15. andreBarciella on

      so you saw btc break ath after ath, and not even once it dawn on you to take out profit?
      do you even know what “crypto winter” is?

    16. juanddd_wingman on

      It’s nature’s healing process. BTC goes down. All the crypto shitcoins die and later BTC goes parabolic because it’s the only true scarse asset. My advice: don’t gamble with crypto shitcoins, study and save only in Bitcoin

    17. BTC going to $35k-$45k range… Alts look bad now… but expect another… 80-90% fall from here… retail zero interest.. this is the the of Crypto IMO… retail never coming back..

    18. It was creates by russia to funnel corruption money to trump. Mission accomplished. Now back to zero.

    19. Just keep DCA’ing and enjoy another 4-5 years of dead money—not counting real inflation—and opportunity cost.

      Winning!

    20. Crypto should be a small portion of your total portfolio, maybe like 10-20%, and should only be money you are willing to park there for 5-10 years. If you feel over exposed then get out and put the money somewhere else.

    21. After 15 years of crypto, it has very little progress to show for itself. Other technologies are evolving much faster, and getting adoption at a much faster pace. I think there are better investing opportunities out there, than Crypto.

    22. According to the common 4 year cycle, we are in bear market, and based on the statistics we will continue in bear market almost until the end of the year, so all this is normal.

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