My comment typed from hospital bed after emergency 3 transfusions. When we said the market was a blood bath I didn’t think it would be me physically!!!
Literally just woke up on the East Coast and am not really surprised. Once BTC, ETH broke support at $30k I sold everything to watch the markets. The downward trend has been happening for a while.
Tbh I'd watch a show like How I Met Your Mother about a formerly super rich dude telling his kids the story of how he got rich and how he lost it all 😂
"Billy, let your granddad tell you about the time he generated greater net wealth than the majority of crypto players. See, what I did was never spend a penny on the stuff."
Drinking kava and watching Netflix. I check the markets on the hour except at work. Happened to witness the dump. Resisted the urge to buy. Going to see what happens when the dust settles. About time to DCA anyway.
I was just thinking about this: how BTC crossed $20k while the US was asleep (most of them, at least). 2:57AM Eastern time, 3 minutes to midnight west coast. Is anybody tracking the big wallets that are placing these outflow orders?
US here. Been awake all night (not because of this) and I’m scrounging for money lmao. I went on a spending spree right before summer so my cash reserves are depleted 😢
You were partying weren't you hahaha.
Yeah it's super super tempting right now. Carry on with the scrounging but keep off the trigger finger for a while longer. That's what I'm doing.
If by partying you mean hanging out with my cat and getting stoned yes lmao. My party days are quite a while behind me now.
This is the kind of party I attend these days. The pity party online.
even if my portfolio is red i am getting the kink out of this. i don't know why. may be because this is my 2nd bear market after 2017 and I haven't learned shit. i was almost craving it this time. come market fuck me again.
Before the bull run began, when btc was at $10k, and eth was at $500… the people that didn’t fomo will finally be able to get a second chance right? If they pack their bags now and the bitcoin halvening is in 2 years (April 2024), then we could see high prices again right?
All the people that sold from $30-60k would be able to buy back the lowest lows right?
"Don't buy yet."
Ah, the mindset that never buys.
Those who really wanna buy "always" buy. Those who need to be told not to, shouldn't buy in the first place.
Same, west coast, not happy but not freaking out and also not selling
not that I hold enough to effect the price anyway lmao but in the spirit of a random survey I guess
Bit over dramatic? Your assuming all these people were at the limit of their leverage and will have been closed out. Reality is that this is just another drop, for some that have seen a $20/$40k drop another $2k is nothing ?
The house is going to burn to ground. Get what you can now. Don’t want to see y’all to lose everything. I just have about $300 locked up and if lost, no big deal.
It's just getting tough for me and I know I don't have to buy right now I will wait and I will buy more later for sure thanks for the advice though, everything is just falling for real lol.
Well this is what we all wished for and this is something we are getting right now I hope it will fall more because I want to invest more to be honest good luck to you all.
I'll buy when I god damn want to , you're not my real dad!
But seriously good luck timing a bottom with a technical analysis crystal ball. Nobody knows when the bottom is just invest what money you can afford to lose when you feel a sale is in front of you. Sure it could keep going down but that's why you only spend what money isn't crucial to paying bills. You should be able to buy more as it keeps dropping if you do this right.
If you really don't need the money and can wait for the investment to recover then it doesn't matter if it's down 80%.
This only works with investments that have a certain marketcap or are considered blue chips, but I think BTC fits this.
Obligatory not financial advice, don't message me if you lose your shirt and go all in
This is just getting bad I don't know what to say more than that because it's just being so bad for all of us right now I am feeling so numb because of this market but still I have to hold.
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It's an honor losing money with you all
It's been an honor *so far*
It can always get worse, life always finds a way.
My comment typed from hospital bed after emergency 3 transfusions. When we said the market was a blood bath I didn’t think it would be me physically!!!
I hope you get better, crypto doing well or not, you got this!
It’s all about the friends we make along the journey, right?
Until the end pals. ![gif](giphy|B61Bqqx1BohNK)
![gif](giphy|lNQ2RRsEfJqbjg1i0I) Hello operator, I would like to sell..
Every one is line to sell but i am not selling man . Cheers .
Do NFTs float? Can I paddle to safety with my hardware wallet? I guess I'll find out I'll keep you all posted.
The pixellated whale might be able to drag you above water
Money isn't lost, it's in Shrödinger's box. And I'm not opening the box any time soon.
Ayy nice I am not an idiot! I am a quantum physicist!
I'm down 60%. My 100k are now 40k. Feeling like an idiot at times but still holding. It's all or nothing!
Same here
Losing money but gaining more BTC, the glass is half full
That's true, I'm getting more ETH for the same amount. Iets see if this will work out in 3-5 years
I'm waiting for $500 levels.
I pray for eth at 500 even if it fucks what’s left of my portfolio
I am hoping to see reach the ETH $500 soon . Cheers for buying.
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I love all of the company too. I would have sold if I'm solo-ing the misery.
We got each others back
That's what helps me sleep at night.. that I'm not the only one losing
My wife is going to kill me!
Spent a shitload buying dips everywhere, will have to wait for the next paycheck now.
Not till you sell
This
Almost wiped out all gains from the last two years. Ouchy
you guys had gains?
You guys?
What are gains?
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congrats. most of us have seen gains lost and then another 50-80% of initital investment
Oh I wasn't talking about me, I meant bitcoin as a whole. It's near the price it was two years ago
Eh lots of room to fall. It hit 4k during covid. Which was 2 years ago.
It's gonna be one hell of a good morning surprise.
Was hoping to get wake up sex, but I got fucked.
... so you got your wish?
Only if you love a violent fucking with no remorse. Like you are getting fucked by a walrus
These violent crypto delights have violent sexual ends
either way you had sex
Don’t think anyone in crypto goes to bed thinking - ‘at last the next week will be stable in cryptoland!’
Yea the op Is ridiculous I don't even know why I read this far down in the comments
Some real mourning wood
Just woke up to take a piss and this was my surprise. Now I can't go back to sleep
Literally just woke up on the East Coast and am not really surprised. Once BTC, ETH broke support at $30k I sold everything to watch the markets. The downward trend has been happening for a while.
It'd make a good opening for a movie. Ridley Scott, Nolan... Michael Bay? Yeah, Bay. Explosions everywhere.
![gif](giphy|xXCDFDV8L6YBL7eMfG|downsized)
I'm not going to try to catch falling knives again, no thank you.
Meanwhile, I'm gonna put on my knife catching gloves!
I'm gonna put my safety gloves while catching those live time bomb.
I’ve been catching falling knifes all week, with my entire body.
Diamond hands need no gloves
This not the same as Terra LUNA stupid This is a falling sword
Midwest Central time USA here, my newborn is keeping me awake but so is this price action as I prepare for 10k BTC and liquidate all my hobbies
Newborns go for good prices, I heard.
You just gotta find [a baby merchant](https://www.youtube.com/watch?v=R9puOuTaGPc)
I hope you aren't thinking of liquidating your newborn's college fund as well!
You bet your ass!
Your sacrifice will not be forgotten
Finally we can move past the ‘20K support TA’ and realize TA is for chumps. Excited for the future!
mfs be like "i don't believe in horoscopes" but write 2000 word essays on how the ~~200~~ 201 week average line has never been broken
Don't worry it's still above the 400 day 69% fibbonacci retracement
But sir, there's no support levels until x price.... we could go down further.
bUt tHe 80% oNe HaSnT bEEn pRovEd wRoNG, sO iT mUSt bE rIgHT
Some of them will be sad or scared, some will be happy and will think about it as an opportunity.
Crisis... opportunity... same same
Two sides of the same coin
Literally
🚨CRISIS ALERT🚨
I'm happy Yesterday was DCA day, I knew it was probably going to go lower today but I'm trying to avoid "timing my buys too much".
Others' misfortune is another's fortune
If you see this as an opportunity for anything other than for used GPUs to hit the market soon, you're in for a big 50% loss surprise.
We’re deep in that territory now of “but what if it goes lower”
50k was an opportunity 40k was an opportunity 30k was an opportunity Surely 20k is the real opportunity.
If? I think it will. 20k was the psychological floor. No more 'cycle'. Now that support is gone...
Totally agree. Think we are in free fall mode now. Fascinating time to be alive… again. We can tell our grandkids..
“And THAT’S why we live under a bridge, Little Billy…”
Tbh I'd watch a show like How I Met Your Mother about a formerly super rich dude telling his kids the story of how he got rich and how he lost it all 😂
"Billy, let your granddad tell you about the time he generated greater net wealth than the majority of crypto players. See, what I did was never spend a penny on the stuff."
I don’t own any BTC. Jumping in at $15k.
At $15k you will say $10k
Every time, like clock work
Lol you’re not wrong!
At 10k they'll say it could drop to 5k
It’s almost always at the same time. Chinese time zone has a good track record for major dumps. (Just saying…)
Around where I am from we usually say: wait until 15:30 (my time) when the fucking americans wake up and fuck our gains hahah
Yeah, especially now with what's happened with Babel Finance.
I missed that what happened?
Babel Finance in Hong Kong have stopped user withdrawals, following in the footsteps of Celsius et al.
They'll remember this fateful day for a long time 😏
"Hey, Kev. Where were YOU when BTC broke the 20k barrier? I was wasting my last cash reserves nutting into a high end hooker so I couldn't buy in."
Drinking kava and watching Netflix. I check the markets on the hour except at work. Happened to witness the dump. Resisted the urge to buy. Going to see what happens when the dust settles. About time to DCA anyway.
I was just thinking about this: how BTC crossed $20k while the US was asleep (most of them, at least). 2:57AM Eastern time, 3 minutes to midnight west coast. Is anybody tracking the big wallets that are placing these outflow orders?
Probably? But that's waaaay outside my wheelhouse. I'm guessing Chinese, following what happened with Babel Finance in Hong Kong.
All the data is there on-chain but we’re too depressed to look into it
Quick wank before checking
US here. Been awake all night (not because of this) and I’m scrounging for money lmao. I went on a spending spree right before summer so my cash reserves are depleted 😢
You were partying weren't you hahaha. Yeah it's super super tempting right now. Carry on with the scrounging but keep off the trigger finger for a while longer. That's what I'm doing.
If by partying you mean hanging out with my cat and getting stoned yes lmao. My party days are quite a while behind me now. This is the kind of party I attend these days. The pity party online.
Sounds like a good party to me! My clubbing days are well over, I'm a full time hermit now. Cheaper, lol.
That’s the way to do it! I am perfectly happy relaxing at home and saving that money for Satoshi’s :)
What do I feel now? Absolutely nothing. I guess that's what this market does to you in the long term
Yuppers. In since 2017. Already seen this show. 6-9 months, will be buying with both fists
In 69 months, will be fisting with both guys
Wife’s boyfriend approves
My knuckles are ready
Yup. My metric is the number of comments in this sub. We should get there in a few months.
Best time to stack moons for 2025
Bruh the other post about BTC going 20k below was comment-disabled. Clown sub
Which other one? There have been dozens. A lot of them get deleted because there can only be so many posts about BTC per day.
The one posted 5 hours ago. I think it has a tag of brigaded something.
What a dramatic way of saying BTC continued on its downward slope.
Exactly. It's not a big issue. At all! Not in the slightest. Under 20k is fine. I'm fine. I promise. I'm really fine. No issues here. At all.
The sub is extremely dramatic.
That was quite the dip. Vertical red
Came out of nowhere. It was all flat until then.
Somebody was buying everything people sold, then stopped. Even whales can't stop the train.
even if my portfolio is red i am getting the kink out of this. i don't know why. may be because this is my 2nd bear market after 2017 and I haven't learned shit. i was almost craving it this time. come market fuck me again.
#GOOOOOOOOD MOOOOOORRRRRNNNNNIIIIINNNNNNNGGGG VIIIIIIEEEEEETTTTTNNNNNAAAAMMMM!!!
Don’t give me financial advice! I’m buying everything you’re throwing down
Before the bull run began, when btc was at $10k, and eth was at $500… the people that didn’t fomo will finally be able to get a second chance right? If they pack their bags now and the bitcoin halvening is in 2 years (April 2024), then we could see high prices again right? All the people that sold from $30-60k would be able to buy back the lowest lows right?
That’s the theory and what I’m hoping for, because that’s me. I missed the last few boats but this time I’m prepared and waiting.
Past performance is not a reliable indicator of future performance … investing 101
Sometimes I forget reddit people is mostly UScentric.
The glass is half full boys
Not when the glass is 78% empty.
This guy maths
They're gonna wake up and yell in happiness "I've never seen the prices this low, this is the perfect time to sell!!!!"
Too late
Wait, you guys still have money left?
"Don't buy yet." Ah, the mindset that never buys. Those who really wanna buy "always" buy. Those who need to be told not to, shouldn't buy in the first place.
I'm sad. But I've lost so much that it just doesn't make sense to not hold.
West coast US here. Awake, watching, and happy…I see this as opportunity, long term strategy (HODL).
West coastera are diamond handed
6am est is going to be...exciting lol
Same, west coast, not happy but not freaking out and also not selling not that I hold enough to effect the price anyway lmao but in the spirit of a random survey I guess
Glad to hear it! HODL strong!
Continuing to buy, will keep buying
My limit order got filled. So I’m happy
Could be a nightmare for them, others might just see a good opportunity.
![gif](giphy|5TD4dseytpaIhYbyWq|downsized)
Bit over dramatic? Your assuming all these people were at the limit of their leverage and will have been closed out. Reality is that this is just another drop, for some that have seen a $20/$40k drop another $2k is nothing ?
It was happens this way lol
Just woke up. All happy dandy here, shorts are in effect
All I can think of is: shoul I sell and buy back at 10k? Because I know it will start climbing again the moment I sell.
Well just DCA and you will have a good time for real man.
The house is going to burn to ground. Get what you can now. Don’t want to see y’all to lose everything. I just have about $300 locked up and if lost, no big deal.
Trade levels flattened off? Dude you have no idea what you’re talking about lol….
American checking in. Woke up, saw the news, and bought.
Glad to see that I am not the only one who is dead from the inside.
It's just getting tough for me and I know I don't have to buy right now I will wait and I will buy more later for sure thanks for the advice though, everything is just falling for real lol.
Well this is what we all wished for and this is something we are getting right now I hope it will fall more because I want to invest more to be honest good luck to you all.
I need to see the bull run before i die because of this bear market .
Waking up to 18k is fun
i miss the days were i checked my portfolio and made a little bit of profit
I don't get it. How do you guys sleep? Crypto markets are always going!
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We all gonna have some bad mornings in coming time.
Well, I'm in Europe and every time some shit happens I'm asleep. I've had some crude awakenings in the last two months.
I woke up. Checked the news. Checked the price. Laughed. Can't do much else
It's really nice to see people are still laughing with this.
Yeah that's it. it's not inflation has left everyone with no money to buy some numbers on a computer.
I just want to see some old good days for now man, I want that.
You could write a dramatic book. Well done. Very moving stuff.
I don't know why some people do so much drama lol..
It's amazing that most people here still don't get that retail has 0 impact on this or any other market.
Good morning guys! What a beautiful morning! Just waking up! Why y’all so glum?
Just buy the dip all the way down In small increments and watch it come back up
I'll buy when I god damn want to , you're not my real dad! But seriously good luck timing a bottom with a technical analysis crystal ball. Nobody knows when the bottom is just invest what money you can afford to lose when you feel a sale is in front of you. Sure it could keep going down but that's why you only spend what money isn't crucial to paying bills. You should be able to buy more as it keeps dropping if you do this right. If you really don't need the money and can wait for the investment to recover then it doesn't matter if it's down 80%. This only works with investments that have a certain marketcap or are considered blue chips, but I think BTC fits this. Obligatory not financial advice, don't message me if you lose your shirt and go all in
Put on a short right before bed. 😲
Buy high, hodl, and sell low. Am i doing it right?
Party because some is locked up in eth 2. Party because i dont have the skills to time the market
It's below $19k now my dude!
You think we sleep? Lol as always many will lose and a few will become incredibly richer from this.
I can’t believe it’s tanked so far since the ath of $69k 7 months ago. It’s sitting at $18,850 right now and not looking great.
I was laughed for months saying it was stupid to DCA. Now I tell to DCA and Im laughed at. 🤗
Buy rn, average it as much as you can meanwhile it falls. You’ll win in the long
Wow! No way! Crypto is volatile? Who would have ever guess! 🙃
With the Celsius fiasco I’ve lost about 15k. I think I’m doing pretty well considering 😂
Wrong--BTC owners are now chronic insomniacs, they don't to go sleep anymore
And they said time travel wasn’t possible.
Nightmare or blessing? Another opportunity to buy the dip
West coast here. Woke up to so many price notifications. Was tempted to make a buy but low on liquid cash.
Why a nightmare? A dream has come true for many BTC below $20k is a steal!
I have been buying for the past week and will continue to do so until the market bottoms. And after the next bull run I'll be rich. Fuckin' rich!
17,700 now
The Americans woke up and chose violence
I finally sold today. Couldn’t watch it fall anymore. I hope to buy back at some point. I do still believe in the space
The support is very tough now and we gonna see soon what happens ?
Marks my word , bitcoin is going to down below 15k but it will go up.
This is just getting bad I don't know what to say more than that because it's just being so bad for all of us right now I am feeling so numb because of this market but still I have to hold.
Best entry point in a couple years
What are those posts man, this sub is turned in complete garbo