01-22-2022, 07:12 PM
Fair Warning, this might not be the last dip
<!-- SC_OFF --><div class="md"><p>Look I’m not saying don’t buy, but seems like everybody and their mother and saying buy buy buy right now. </p> <p>I just want to put this out there, just because we went down there’s no promise it’ll bounce back up. If history has taught us anything, it’s that it could be a long time til we start seeing profits again.</p> <p>There are many situations that tie this year pretty closely to 2018, so just as an example, we headed into 2018 with BTC at $15,000, by Feb 1st it was down to $9000. I remember thinking, alright the dip, and trust I wasn’t the only one.</p> <p>Prices continued downhill until it hit $3000, and didn’t come back up until spring of 2019. And didn’t get back up above $15,000 until the major bull run at the end of 2020 that got us to where we are today.</p> <p>All that to say, things might take a really long time and things could get a lot worse. Of course, anything you buy today will likely still make you money (unless you’re buying some bullshit shit coins), but it could take years.</p> <p>A lot of people on this sub are new in terms of length of time in crypto. This past year has been a wild one, and anybody who got in recently has certainly aged quickly, but this is just a PSA to those who haven’t had to wait a few years to see green before that your patience very well could be tested.</p> <p>I’m bunkering down, stepping back into my DCA routine, and I’m not emerging again until I see my shadow. I’m still bullish as anything on cryptos, but I see a long valley as a possibility (not a certainty, but certainly a possibility).</p> <p>Good luck everybody</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TrafficConeWriter"> /u/TrafficConeWriter </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s9ta4s/fair_warning_this_might_not_be_the_last_dip/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s9ta4s/fair_warning_this_might_not_be_the_last_dip/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Look I’m not saying don’t buy, but seems like everybody and their mother and saying buy buy buy right now. </p> <p>I just want to put this out there, just because we went down there’s no promise it’ll bounce back up. If history has taught us anything, it’s that it could be a long time til we start seeing profits again.</p> <p>There are many situations that tie this year pretty closely to 2018, so just as an example, we headed into 2018 with BTC at $15,000, by Feb 1st it was down to $9000. I remember thinking, alright the dip, and trust I wasn’t the only one.</p> <p>Prices continued downhill until it hit $3000, and didn’t come back up until spring of 2019. And didn’t get back up above $15,000 until the major bull run at the end of 2020 that got us to where we are today.</p> <p>All that to say, things might take a really long time and things could get a lot worse. Of course, anything you buy today will likely still make you money (unless you’re buying some bullshit shit coins), but it could take years.</p> <p>A lot of people on this sub are new in terms of length of time in crypto. This past year has been a wild one, and anybody who got in recently has certainly aged quickly, but this is just a PSA to those who haven’t had to wait a few years to see green before that your patience very well could be tested.</p> <p>I’m bunkering down, stepping back into my DCA routine, and I’m not emerging again until I see my shadow. I’m still bullish as anything on cryptos, but I see a long valley as a possibility (not a certainty, but certainly a possibility).</p> <p>Good luck everybody</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TrafficConeWriter"> /u/TrafficConeWriter </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s9ta4s/fair_warning_this_might_not_be_the_last_dip/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s9ta4s/fair_warning_this_might_not_be_the_last_dip/">[comments]</a></span>Kind Regards R