I lost a little. I only had $100 in. It got up to $140, but now it's $83. It's not a big deal or anything, but it makes me sad that it's going down. Is the bounce back coming soon?

@micbwilli you can't count on any bounce back soon. It could even be years. It has a lot more way down it can still go.

This time last year it was about 1000 dollars

@micbwilli you were wise to only put in money you could afford to lose. I know it sounds weird to say "good job" when someone loses money, but I think by only putting in money you could afford to lose you made a good investing decision, the luck factor of this just didn't play out this time.

Chris ur a cryptocuck

Gambling is inherently white

>he still thinks this is gambling and not just a bull market

@Deleted User I took my BTC and invested it in USD, now I can cash out for twice as much BTC

https://v.redd.it/j5wp0b9rysd01

I'm taking the plunge into cryptos. Just opened a coinbase account and ready to push an inital $1,000 into it (yes, I can assume the risk.) Hold tight while the line trends downward or buy now at dropped prices?

@Argument of Perigee I would buy and sell in fractions. Start with 20%, see where prices go, if you like it you can put in another 30%. Spooked one day? Don't panic, instead sell a fraction of what you have. I find buying and selling fractions of my target amounts to be a good way to manage my investments (and emotions).

Good advice! I've certainly used (and also failed to use) that strategy with other investments. I'll simmer on it while I go for a run now and make a decision on pushing an amount of Jew debt notes for crypto coins. Thanks, Brother!

I pumped it already

no money left to put in

@Argument of Perigee "Jew Debt Notes" lol

Where's the lie?

When's the funeral for BTC?

Ironically the lower price of BTC is solving one of the biggest problems it had: high transaction fees. Since the transaction fees are denoted in BTC, if BTC goes down then the fee is less in terms of dollars

True

I divested from Bitcoin, but I still have altcoins

Which, unfortunately, still depend on Bitcoin

@Jacob yeah that's why I never got into altcoins besides a little ethereum, for any of the altcoins older than a week, 90% of the time their movement was correlated with Bitcoin.

So I just stuck with BTC

Monero was the only alt coin I got into

Still a good concept and seems to be growing (as a project) despite the crypto correction. I saw a headline the other day that Litecoin and Minero are looking to merge.

That could be good for them.

daily reminder when BTC is down always check this site
https://diegorod.github.io/WillMcAfeeEatHisOwnDick/

-0.29% away from the projection of it going to 1mil by the end of 2020

i still think McAfee was a bit high with the prediction of 1mil and should be 500k by 2020 but still this is to show the numbers.

tbh this crash just makes me want to buy more

I will wait for it to stabilize and then throw some in

Do it so mine goes up

No you stabilize it

lol

The point is I want it to go as low as possible, and then invest before it starts to rise again.

and im just sat here, mining away not really buying any.

I'm still sitting on the sidelines watching the chart line drop. I'm eyeing $5,000 as an entry point.

@Argument of Perigee I was thinking the same thing.

I feel like it might be a good evening point, but it could drop back to $1,000, so who knows.

who turned off the money faucet?