05-29-2022, 01:31 AM
I sold most of my shitcoins at a loss today but I actually feel better NOT holding b
<!-- SC_OFF --><div class="md"><p>So I’m seeing bitcoin dominance going up and my shitcoins are bleeding more and more, so to save the headache of my failure I decided to sell them and buy more BTC.</p> <p>I put some significant money in buying alts all the way down to where we are now over the past two months and it’s a really sucky feeling but at the time I thought “wow these are on great discounts!” </p> <p>How wrong was I</p> <p>SOL: average price 92.00 Shit ass blockchain doesn’t even know what time it is. SOLD</p> <p>LRC: average price 1.77 Go GameStop! Aaaaand pumps gone, so am I SOLD</p> <p>ADA: average price .77 not a bad price to be in and I sold my bag at 3.00 so it’s Kharma so I HODL and average down.</p> <p>Ethereum: Average price: 2500.00 it will go back up right? 8k EOY! Anyways it’s along term hold so I’ll average down and DCA.</p> <p>So I used the sold money to get more Bitcoin at 28,600. Bringing my Average bitcoin buy to 29,800 and I get to use some losses at tax time.</p> <p>Moral of the story is heavy bags are heavy and sometimes it helps to lighten the load…I feel better, watch LRC pump to 1.00 and I will hate myself again.</p> <p>Edit: I use the term shitcoin in jest, a long time ago anything that wasn’t Bitcoin was a shitcoin. I love Ethereum so don’t flame me.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Omega3568"> /u/Omega3568 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uzhpbr/i_sold_most_of_my_shitcoins_at_a_loss_today_but_i/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uzhpbr/i_sold_most_of_my_shitcoins_at_a_loss_today_but_i/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So I’m seeing bitcoin dominance going up and my shitcoins are bleeding more and more, so to save the headache of my failure I decided to sell them and buy more BTC.</p> <p>I put some significant money in buying alts all the way down to where we are now over the past two months and it’s a really sucky feeling but at the time I thought “wow these are on great discounts!” </p> <p>How wrong was I</p> <p>SOL: average price 92.00 Shit ass blockchain doesn’t even know what time it is. SOLD</p> <p>LRC: average price 1.77 Go GameStop! Aaaaand pumps gone, so am I SOLD</p> <p>ADA: average price .77 not a bad price to be in and I sold my bag at 3.00 so it’s Kharma so I HODL and average down.</p> <p>Ethereum: Average price: 2500.00 it will go back up right? 8k EOY! Anyways it’s along term hold so I’ll average down and DCA.</p> <p>So I used the sold money to get more Bitcoin at 28,600. Bringing my Average bitcoin buy to 29,800 and I get to use some losses at tax time.</p> <p>Moral of the story is heavy bags are heavy and sometimes it helps to lighten the load…I feel better, watch LRC pump to 1.00 and I will hate myself again.</p> <p>Edit: I use the term shitcoin in jest, a long time ago anything that wasn’t Bitcoin was a shitcoin. I love Ethereum so don’t flame me.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Omega3568"> /u/Omega3568 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uzhpbr/i_sold_most_of_my_shitcoins_at_a_loss_today_but_i/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/uzhpbr/i_sold_most_of_my_shitcoins_at_a_loss_today_but_i/">[comments]</a></span>