04-03-2022, 10:59 AM
Anyone else feel like a total dumbass for not loading up during this last dip?
<!-- SC_OFF --><div class="md"><p>I’m a relative newbie and I started buying in September of last year, I did a lot of research before buying, a lot. I became a semi maxi if you will. I was buying at ath, more than a few dca of btc when it was over $60k, and eth over $4k. Most things I picked up have dropped in the red. When the market dropped, I continued to buy, for example I have dca orders of btc at around $45k both on the way up and on the way down. From early on to now, I’ve consolidated to about 5 coins, very conservative: the 2 blue chips and 3 alt blue chips. No shitcoins, no meme coins, although I have one residual bag of a long shot moonshot I keep for fun. When btc was under $40k, I dca some orders, thinking it was going lower, so I wasn’t nearly as aggressive as I should have been knowing my own personal instinctive disposition. Now I’m seeing btc and sol at where they’re at and knowing where they were a few weeks ago and I didn’t follow my instincts to load the fuck up. Now, I’m thinking btc bottom support is $40k and eth at $3k. I’m not hoping for another dip because everything is relative, right. If you think Bitcoin is going to $150k, what difference does it make if you bought at $45k or $37k, for $52k. But I just feel lame for not following my own instincts. Now, I’m not naive to the fact that we’re far from decoupling from other assets ala stock market, not to mention inflation and rising rates. There’s a chance we see a bigger dip in crypto, but the amount of good news backing Bitcoin from commercial banking, foreign sovereigns, international banking, retail, etc. is too strong to trigger a mass selloff in the blue chips. I almost want one more dip to finally get this right, but I’m thinking the only dip left to happen is the flushing of shitcoins. We actually need that for the overall health of crypto, there are like 16k alt coins, we almost need a 100% wipeout, like seriously it’s time for the tidal wave wherever it comes from. But anyone else sort of holding out, or is it the same ole dca and let it be.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fmanow"> /u/Fmanow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tv2k8g/anyone_else_feel_like_a_total_dumbass_for_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tv2k8g/anyone_else_feel_like_a_total_dumbass_for_not/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I’m a relative newbie and I started buying in September of last year, I did a lot of research before buying, a lot. I became a semi maxi if you will. I was buying at ath, more than a few dca of btc when it was over $60k, and eth over $4k. Most things I picked up have dropped in the red. When the market dropped, I continued to buy, for example I have dca orders of btc at around $45k both on the way up and on the way down. From early on to now, I’ve consolidated to about 5 coins, very conservative: the 2 blue chips and 3 alt blue chips. No shitcoins, no meme coins, although I have one residual bag of a long shot moonshot I keep for fun. When btc was under $40k, I dca some orders, thinking it was going lower, so I wasn’t nearly as aggressive as I should have been knowing my own personal instinctive disposition. Now I’m seeing btc and sol at where they’re at and knowing where they were a few weeks ago and I didn’t follow my instincts to load the fuck up. Now, I’m thinking btc bottom support is $40k and eth at $3k. I’m not hoping for another dip because everything is relative, right. If you think Bitcoin is going to $150k, what difference does it make if you bought at $45k or $37k, for $52k. But I just feel lame for not following my own instincts. Now, I’m not naive to the fact that we’re far from decoupling from other assets ala stock market, not to mention inflation and rising rates. There’s a chance we see a bigger dip in crypto, but the amount of good news backing Bitcoin from commercial banking, foreign sovereigns, international banking, retail, etc. is too strong to trigger a mass selloff in the blue chips. I almost want one more dip to finally get this right, but I’m thinking the only dip left to happen is the flushing of shitcoins. We actually need that for the overall health of crypto, there are like 16k alt coins, we almost need a 100% wipeout, like seriously it’s time for the tidal wave wherever it comes from. But anyone else sort of holding out, or is it the same ole dca and let it be.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Fmanow"> /u/Fmanow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tv2k8g/anyone_else_feel_like_a_total_dumbass_for_not/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tv2k8g/anyone_else_feel_like_a_total_dumbass_for_not/">[comments]</a></span>Kind Regards R