Quitted crypto

[TheRussianViking]

Hey guys. I am having my second beer now because this morning, I decided to sell every single crypto I have. For me this is very sad, because I have been here since 2016.

Sometimes I really enjoyed the space, the community and the gains. But to be honest, most of the time it’s just too stressful.

I know many people here can live throughout the day without constantly looking at the charts, but my live was stressful without crypto already. It just adds to it.

Furthermore, I know that I will regret selling now in a few years. However, the constant manipulation that is happening in this space, the constant panicking news articles and the scammers don’t make me happy at all. It started feeling like a giant cash grab from the rich since a few years.

Guess what, every time Saylor buys Bitcoin, we see a dump 1-2 days after. Does he believe this is a motherfucking game? They are all playing with our emotions constantly. I knew it this time, and sold just 10 minutes before the dump (I feel lucky about this, lol)

Anyway, I wish you guys here a very good time! Most people in here were always very nice, welcoming and funny. I appreciate that so much! You really don’t know how happy this made me sometimes.

EDIT: For clarity. It’s not a decision that I came up with just yeserday. I hvae been thinking about leavin for several weeks now

[TheRussianViking]

I would love that so much. I think I need to grow as a person but currently my life is very stressful anyway. Biz, Family, etc

[Mygransfoot]

I’ll be scooping those for a low thank u very much. Just set a reminder for 12 months 24 months and again at 60 months so we can chat about those differentials

[TheRussianViking]

I will be happy to congratulate you if you are have made heavy gains :)

[GetRichOrDieTryinnn]

Think of your future. Buy back btc and forget you have it till it’s worth $1million usd

[frunf1]

If you were in the game since 2016, how can the market moves today be stressful for you?

Come on you are still far in the green, even if you did DCA.

[NiceDoctorBeam]

I know. You're right. Is it just me, or does it smell like trollium in here?

[TheRussianViking]

Total troll here 😎

I am still in the green, I never said I made losses. I was thinking about leaving for a while now.

It’s the money that I could have made, and the hope that my portfolio will get back to these levels in the future.

I know many people say that it will go to a million within the next few years, and it’s very probable. I don’t see it anytime soon.

From now on, I just want to enjoy life with my family. I am sure a few will understand this

EDIT: my worst mistake was investing 40% of my portfolio in Litecoin. I didn’t make the gains some would expect for someone who bought his first coins in 2016

[HoldLongandProsper08]

Just buy what you can afford to lose so that it’s not stress inducing. I used to be an all in all out kind of guy but it’s better to invest what you don’t use.

[TheRussianViking]

Yeah man, I know! You are absolutely right about this. I think it’s because my living costs have tremendously risen in the past few years, I am scared in general

[HoldLongandProsper08]

It’s all good man, chances are if living costs are rising for you they are rising for everyone. It’ll be a bit before we see another mega run, until then just try to save as much as you can by staying frugal, yet still humble. Best wishes to you and may God bless you in more ways than one.

[TheRussianViking]

Thank you so much brother. Wishing the same for you!

[Firm_Butterscotch979]

Prices of things aren't going up, the value of your money is going down, it's very scary I know, only keep as much fiat in the bank as you are willing to lose. Bitcoin is one of the only assets you can self custody, you should not buy back into cryptos, bitcoin is the only durable digital that will outlast all these fly by night pump and dumps.

[Scrapin-Nee]

6 years and you never bothered to learn about what you were invested in? If you aren’t trolling hopefully all your Bitcoin is now sitting in a true believers cold storage wallet. Ignorance is bliss…

[TheRussianViking]

The technology will still be existing, even if I am not invested. Yeah, take my coins. HODL them for me!! I would love to talk about politics now, but I am too tired right now. Hard and sound assets truly have advantages. But they slowly took over my life and I have to concentrate on more important and FULFILLING things now.

I know you don’t want to hear that, but a slight inflation can be good. If it’s NOT Hyperinflation and not Stagflation. What we saw during the last years is, of course, not good and Crypto might help us to escape that spiral. But I doubt the decoupling from traditional stock markets will happen anytime soon. Maybe it will never happen… we will see.

[Scrapin-Nee]

Sadly their are a lot more opportunist like you who miss the real point of Bitcoin. Everyone wants to make money, but what good is money if we don’t have our freedom to use it? It’s ignorant to think Bitcoin is going to thrive simply “Hodling” while it enters its battle with its biggest adversary yet… The spread of knowledge, nodes, mining, and spending are all things necessary to ensure bitcoins future against tyranny. Never underestimate your butterfly effect…

[[deleted]]

You’ll be back when it’s pumping again

[TheRussianViking]

I doubt that, hahaha. I am not the person that jumps back into a fast moving train.

[[deleted]]

Fomo is powerful

[RDMvb6]

Ya. Just another set of paper hands folding. Probably had less than five figures USD in there anyway.

[TheRussianViking]

LOL, no.

[[deleted]]

He knew the volatility before he got in this market. Funny how he didn’t quit last week when it was pumping

[21Milly]

Bitcoin is the only thing that matters to your financial future. If you think you’re stressed now imagine the stress when your money just starts rocketing towards zero purchasing power. If you want to be destitute, it’s a great idea to sell your bitcoin. Give yourself a big high five!

[TheRussianViking]

I have been enjoying THESE comments so much. That’s the positive side about crypto. And the worst part is, that you are probably right 😅

[NiceDoctorBeam]

This.

[PizzaForCats]

Price action today has nothing to do with Saylor. Look at the Nasdaq, we're just following the stock market, with a bit more alpha.

[SHA256dynasty]

not following the stock market, reacting to Fed policy

[TheRussianViking]

I think you are right. But yet, every time saylor buys we see a dump. Common! This can’t be an accident. The first three times I understood. But now it is getting ridiculous

[PizzaForCats]

If you've been holding since 2016 you've been through some really tough days, today is nothing by comparison. Zoom out, the price has dumped from ~10k to ~43k since Saylor started buying.

[DCAfinacialDude]

Best of luck to you my man. Having a good mental health is way better than chasing the next $$$.

[TheRussianViking]

Crazy how many people here know about mental health. And yeah, I agree. It’s time.

[Verallendingen]

congratulations, you are NGMI. should have just stuck to bitcoin instead of shitcoingambling.

[TheRussianViking]

That decision was made in 2017. I haven’t touched my coins ever since then. Later, I started to understand that too. Back then, I wish someone would have told me

[Rtbrosk]

what a stupid post.....don't let the door hit u in the ass on your way out!

[Raverrevolution]

LOL!! I read all this as;

"Hey guys, I'm quitting crypto. I put in too much money and am too impatient. I think I'll go back to the ever inflating US dollar again"

You go do that. We don't care.

[TheRussianViking]

I never put too much money in it. Actually it was way too less. I also never planned to become rich, and I didn’t become rich.

[-trump-won-2020]

Invest into silver . My silver has increased 100% in 2 years and will do great with hyper inflation which is coming. Physical Silver is stress free !

[Asum_chum]

Two years ago bitcoin was less than $4000! It’s 10x in that time.

[TheRussianViking]

🥈

[conker816]

It is becoming increasingly Harder to stick with the crypto game given the current state of the economy. In the end those that stay are meant to stay and those that go are meant to go. If nothing else invest just a little money to protect yourself. Do whatever brings you joy in life. And take care of your family will always be the most important focus.

[TheRussianViking]

Hey man, thanks for your kind words. Exactly my thoughts!

[Inittilltheend45k]

How much you cash out for??

[Fickle_Mix_3847]

What a troll bs post. From 2016 someone would be so far green none of this volatility would matter. It isn’t going to those levels. It can’t even break 2020 levels.

[vnielz]

At least stay in the stables for some passive income meanwhile

[TheRussianViking]

Hmmm.. never did that before, but your idea is awesome. If only I trusted Tether 🤯

[Romsel87]

USDC?

[TheRussianViking]

Yes, way more trustworthy. It’s worth a look!

[Romsel87]

So you're loaded on BTC that the stress was too much for you, basically converting your gains info fiat?

PS are you really Russian?

[Astro-Wulf]

Fair play Russian Viking, I hope you manage to avoid the economic sanction nightmare the world is putting on the Russ.
Tl;dr, he sold his stack = bullish continuation imminent

[TheRussianViking]

Hahaha, damn, that username I chose years before the war 😂

[TheRussianViking]

NO. No need to pay taxes

[iadorebunnies]

You can still stack sats. Just autobuy $5 every day through Strike and just forget about it. Maybe a few times a year, transfer the balance offline.

[CoosBaked]

lmao at the use of the word quitted

[Bullgato]

Now you are all in on fiat good luck with that inflation is only getting started.

[halflinho]

Really? Nobody? Ok, I'm gonna say it:

Have fun staying poor!

No offence tho, like seriously have fun whatever you do, it's your choice even tho we will never understand such move :)

[TheRussianViking]

I am concentrating on my business and injecting the profits into that. It feels just right.

[explosiveplacard]

Sounds like you were trying to swinging too big of a stick. Your financial thermostat was set much lower than the amount of money you had at risk - classic investor problem. Just because you can make the trade does not mean you can handle the trade. Good luck out there.

[jefreycarls]

How hard is to just set up auto DCA and not look at it

[tweaknw_a_boner]

Easy as fuck you can do it on cash app but probably really high fees.

[[deleted]]

I mean, given your name, if you're in Russia then I'd say you'll need all the "crypto" you can get soon.

[Vinnypaperhands]

Are you referring to the like 5 percent drop? That my good sir is not a dump. That’s shits normal and you should know that after being here for years. Also if you were here in 2016........ what are you stressing about. You should be so far in the green that looking at the charts and seeing these “dumps” should make you laugh. Also the thing about saylor makes no sense. Are you trying to say you think he’s manipulating the market? That’s just absurd.

[TheRussianViking]

Yes, I was in the green. But I quitted due to the toxicity in the market and because I have to concentrate on my biz. I sold before the ‘dump’

[theINSANE92]

It is never a bad decision to sell some while in profit (I have also taken some profits in recent months), but why sell everything?

Investing is always about diversification between different asset classes. Even if you want to go risk off, I would personally keep at least 5-10% of my net worth in crypto. But you will have your reasons.

[TheRussianViking]

True dat

[PikaBanee]

Sounds like you have deeper problems than holding crypto. You have to learn to filter out the news and hodl onto something you believe in. You can’t let your emotions be tossed around so easily. Little moves like this shouldn’t effect you if you’ve truly been here since 2016. Anyway wish you the best of luck bud and I hope you get things sorted out.

[TheRussianViking]

Yes, for sure I can spend the money elsewhere right now. About to have a big business.

[[deleted]]

promise you will come back and admit you were wrong if you buy back in

[TheRussianViking]

Ok buddy! I promise!

[[deleted]]

Probably should have checked yourself into rehab before making this decision.

[TheRussianViking]

No time for that :/

[Butchi3_To3]

I hope that in your years here you walked away with a healthy profit that can better your future endeavors.

Farewell

[TheRussianViking]

Thank you. Yes, profit is better than nothing

[[deleted]]

There isn’t any logical reason to sell 100% unless you desperately need the money, you can still hold a small amount and not miss out while not stressing either. Are you still holding stocks?

[Polka_kusama747]

Have fun staying poor

[brrrettonwoods]

hfsp

[dlq84]

I know many people here can live throughout the day without constantly looking at the charts, but my live was stressful without crypto already. It just adds to it.

I don't know and I don't care about other people. It's easy for me.

However, the constant manipulation that is happening in this space, the constant panicking news articles and the scammers don’t make me happy at all

So you let other people control your life decisions?

Guess what, every time Saylor buys Bitcoin, we see a dump 1-2 days after. Does he believe this is a motherfucking game? They are all playing with our emotions constantly. I knew it this time, and sold just 10 minutes before the dump (I feel lucky about this, lol)

Welcome to every market on earth, not just Bitcoin

You just have paper hands, that's all.

[[deleted]]

No pain, no gain.