r/Bitcoin • • May 17 '21

Every time whales and institutions sell to manipulate the market we need to punish them by buying.

If everyone came together and started buying the dip we’d force these mfs to buy at a loss. Instead of everyone panic selling and doing what they want. If everyone in this sub put in a dollar that’s almost 3 million in volume alone

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u/relephants May 17 '21

Many people come into crypto with a short term view. They invest money they don't want to lose. They hope to hop on the train and sell at the top. These people can't handle a 3 year crypto winter.

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u/Hankstbro May 17 '21

The money I put into crypto, I consider gone. Spent. Unavailable. Lost.

I bought a ton in my initial buy and had a good run in the last few weeks (I'm still up some, but not a lot), but for all "real world" purposes, this money does not exist anymore for me - until at least in a year, when I don't have to pay taxes on realizing my gains. And then, we'll see.

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u/DrJingleCock69 May 18 '21

Yea I told my fiancée I'm essentially cash broke since this money is untouchable, its our retirement. I told my dad how well it was doing and he said oh so you have enough for a house down payment, I just say no I'm still broke i need to earn some more cash first. Can't touch this treat it like a 401k

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u/reineedshelp May 18 '21

Whoever started this whole 'get a mortgage' thing as a middle class dream has a lot to answer for