/earnpark_old
SubhaMagic
·
a year ago
is anyone else just really upset
The best and worst part of a cryptocurrency is its volatility. on the one hand, this allows investors, even with a small budget, to see a significant profit. on the other hand, it can cause you to lose 80% of your money within a month (or a day if you invest heavily in certain alternatives). I was one of the people in the last group. I've lost so much, but when it comes to gaining, it just takes forever. Over the past few months, the crypto market has finally started to see some greenery and I was hoping this would change my luck. However, the markets have become almost stagnant these days and I just feel they are not volatile enough. Don't get me wrong, low volatility would be great to accept, and of course the price moves, albeit slowly, but I can't find it significant given the state of my portfolio. basically it's my fault that I bought it at the wrong time. I bought on dips when the price was still around at, not knowing that we were heading for a bearish decline. At first, I was afraid to see losses, but after seeing this sub, I was encouraged by DCA and HODL, thinking that I would end up profitable.
But how long will it take? release profits, even break-even seems difficult.
21 comments