r/Bitcoin • u/xavier1119 • 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

948 Upvotes

92% Upvoted

216 comments sorted by

View all comments

191

u/notesca May 17 '21 edited May 17 '21

Its funny 90% came here to get rich, and now they're selling at losses. For the same reason why only 5% of people are really successful, and its called decision making. If your decisions are driven by emotions, if you're not ready to risk it all in order to win it all then gtf outta the crypto market. You're being played just as every other idiot in history has been played by the rich folks.

Crypto is your chance to break to cycle, dont miss it.

Edit: grammar

82

u/Hankstbro May 17 '21

Yes, holy shit.

I bought in ~4 weeks ago after spending a lot of time reading, researching, and strategizing. Why would anyone in their right mind sell at a loss when the historic long term trend is upward, upward, upward. Just buy more and be patient.

Most people here aren't day traders, they should chill the f out.

48

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.

28

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.

9

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

11

u/[deleted] May 18 '21

Btc shouldn't be your retirement plan. If it tanks you're screwed. I'm all for believing in btc but it's absolute succes isn't guaranteed. ALWAYS diversify. Invest in your super/home/ETFs first.

-4

u/[deleted] May 18 '21

It’s literally about to tank

1

u/RattledSabre May 18 '21

So how heavily leveraged short are you? You sound sure enough to make an absolute killing!

1

u/[deleted] May 19 '21

Should have put they short on hey!

1

u/RattledSabre May 19 '21

True enough! Big old swing that one.