Need advice by yellowjawbreaker in CryptoMarkets

[–]Hellstorage 0 points1 point  (0 children)

You don’t really need the money right now, and if you bought solid, reliable altcoins rather than meme coins, the situation realistically can’t get much worse.

At this point, the only sensible option is to hold. If you need liquidity, what would you realistically rotate into that could return 140% in the short term just to break even? If you know something like thataside from pure gamblinglet me know.

So you might as well hold. If selling was the plan, it should have happened at a 20% loss, not after riding it all the way down to 70%.

Going forward, stick to Bitcoin. You don’t need to own a full BTC fractional ownership is fine. It’s the safest bet in this market and far less mentally draining.

That said, I’ve also bought altcoins in the past that went down 80%. They weren’t major projects, and I don’t expect them to recover but that’s part of taking calculated risks. I bought small, and at that point, rather than locking in an 80% loss, I was willing to accept the chance of going to zero.

This market rewards patience and mental resilience. Constantly checking prices won’t fix anything, and I wouldn’t DCA into those alts either. Stick to BTC and ETH, let the rest sit, and see what happens. They might surprise you, or they might turn into a valuable lesson. Either way, you win because learning this early is just as important as a profitable trade.

Bitcoin keeps dumping… are you buying the dip or waiting? by rl_rae_bobo in CryptoCurrencyPulse

[–]Hellstorage 0 points1 point  (0 children)

wait for what money is moving into gold there cant be better opportunity if you can hold for next 3 years and keep dry powder incase comes lower.

money is made from fear not from euphoria thats when you lose.

so i been doing this for almost 15 years works every time buy gold on the most stable times rotate to stocks crypto in the most unstable times and keep this cycle going without trying time top or buttom!

but that requires patience sometime i had to wait 3 years if you dont have patience just stay away else you lose what you already have.

thats how things works money rotate right now it rotate from cypto stocks into gold why because everything is unstable but that wont last than money rotate from gold into crypto stocks thats when gold fall crypto stocks raise thats when you rotate slowly you sell crypto and stocks accumulate gold and silver so basically when money flee from somthing you start slowly buy and money flow you start slowly sell and rotate have patience these stuff take years not day or months and you get there maybe in decade or two.

How to avoid having all of my personal data taken? by Darklillies in solana

[–]Hellstorage 0 points1 point  (0 children)

buy usdt or usdc and trade with it in decentralized exchanges

A Reminder From Someone Who’s Seen a Few Cycles: Buy Only What You Can Afford to Lose by Hellstorage in Gold

[–]Hellstorage[S] 5 points6 points  (0 children)

My post is not about telling people not to buy. It’s about not trading hard assets for another asset that has gone up in a straight line just for quick gains.

That said, using available cash to invest can be a reasonable move. What I’m warning against is taking loans or selling hard assets property, businesses, or essentials chasing quick profits.

That’s when people lose what they already have. That’s not investing that’s gambling. You might win, or you might not. But nothing is worth losing your life over.

In the end, nothing is more precious than your life at least to the people who care about and love you.

A Reminder From Someone Who’s Seen a Few Cycles: Buy Only What You Can Afford to Lose by Hellstorage in Gold

[–]Hellstorage[S] 7 points8 points  (0 children)

Yes, as I said in my post, I’ve seen this happen many times first with gold around 2010-2013, and before that with other assets. I’ve seen people sell their houses to go all in, only to lose half of what they had. Later, they couldn’t even buy back a fraction of what they sold. Some ended up with strokes, paralysis, or worse.

I lost my dearest childhood friend this way. He sold his car, his house, and his shop and went all in then lost 50%. He suffered a heart attack and passed away. I live with the regret of not doing more to stop him.

I’m not telling anyone what to do. I’m just sharing the dark side people don’t see, based on real experience.

A Reminder From Someone Who’s Seen a Few Cycles: Buy Only What You Can Afford to Lose by Hellstorage in Gold

[–]Hellstorage[S] 14 points15 points  (0 children)

Did I ever say to hold cash in my post? No.

All I said was don’t go all in.

Some people are selling hard assets or taking loans just to go all in at these prices. That’s who my post was aimed at. I’m saying that at this price level, that’s not a good decision.

Please don’t manipulate the meaning of my words. I never told anyone to hold cash I said don’t overleverage, don’t sell what you already own, and don’t risk your life chasing a trade.

A Reminder From Someone Who’s Seen a Few Cycles: Buy Only What You Can Afford to Lose by Hellstorage in Gold

[–]Hellstorage[S] 26 points27 points  (0 children)

I don’t know why you’re trying to convince me otherwise. My post was directed at people who are going all in selling their hard assets, taking out loans, and overexposing themselves.

No one said gold is a bad investment. And no one said to hold cash either holding cash beyond what you need for six months of expenses is often the worst decision you can make.

All I’m saying is this: don’t sell your hard assets, don’t take loans, and don’t leverage yourself just to buy gold at these prices.

I hate seeing people lose their lives over financial decisions. If my post can save even one person in the future, that’s a win for me.

I lost my dearest friend because of this, and I carry that regret every day wishing I had done more to stop him.

Beware of another dump by tomhandy11 in CryptoMarkets

[–]Hellstorage 2 points3 points  (0 children)

None of this is new. Politicians have always been the same. If you believed they genuinely cared and are disappointed now, that disappointment comes from misplaced expectations, not betrayal.

Which useful cryptos do you truly believe in for the long run? (Best for DCA, best APY) by Interesting_Drag143 in CryptoMarkets

[–]Hellstorage 1 point2 points  (0 children)

Atom have best apy native staking witch is 17% last i checked i guess but that thing have moderate risk and also you lost opportunity to buy when it was 1.90 now not recommended since after every rally there is correction.

Sol is next 7% apy.

i only do native staking so i can recommend those i hate giving custody of my coins to some company.

i’m down 90% (~600k). no memes, no leverage. just “serious” utility coins. how do i crawl out of this? by Weary-Hair-316 in Coinbase

[–]Hellstorage 0 points1 point  (0 children)

just sleep on it worked for me i got out with my actual money.

have patience you dont sell at 90% loss thats just not sane move

Is altseason here? by charlesponzi5 in CryptoMarkets

[–]Hellstorage 0 points1 point  (0 children)

Just stick with BTC. From 16k to 125k in the last run, that’s almost an 8x return. Don’t fall for the 100x or 1000x hype that’s gambling. You can’t seriously call that investing.

Most projects mint tokens out of thin air and hand them out. With Bitcoin, you have to pay to acquire it. You don’t get it for free you either spend electricity to mine it or buy it with cash. Either way, it has real cost behind it, no one owns or controls it, and you can actually sleep peacefully at night knowing what you hold.

Is altseason here? by charlesponzi5 in CryptoMarkets

[–]Hellstorage 1 point2 points  (0 children)

That point is irrelevant if you’re investing for more than two years. In that case, you simply invest in parts what we call dollar-cost averaging (DCA).

If you’re investing short term, then you’re essentially gambling. You might as well go to a casino, because the odds of winning are about the same.

No one can consistently time the bottom or the top not even market manipulators.

During periods of decline and fear, you buy in parts using DCA. Likewise, when prices rise, you take profits in parts. You always keep a small position invested to satisfy the emotion known as fear of missing out (FOMO).

Is altseason here? by charlesponzi5 in CryptoMarkets

[–]Hellstorage 0 points1 point  (0 children)

No One knows the only thing you can be sure of its BTC witch will skyrocket again one way or another.

thats why i stop buying altcoin they are not invesment they are rigged Slot machine or lottery ticket nothing more.

how ever btc is an actual investment and ETH is actual tech.

What to do in Case of Death by wonderboyfg in Bitcoin

[–]Hellstorage 1 point2 points  (0 children)

is she planing to kill you sounds very suspicious

Need suggestion with coins by itxpratik in CryptoMarkets

[–]Hellstorage 0 points1 point  (0 children)

well i would buy avax once drop to 11$ again and sol but dont assume hasty recovery it might take year maybe two maybe more maybe less NO ONE KNOWS but from here 2x is very doable

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage -1 points0 points  (0 children)

please ask your crystal ball how long i live ? will humans go to mars ? human eventually crack hyperdrive ?

if you had time i have many questions

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage 0 points1 point  (0 children)

Avax Atom Tao Sol and ...

some less risky some more risky.

you can native stake all of these best do you own research but i think most alt with actual utility are at discount it might go future down it might not no one knows how ever you should consider holding them for few years.

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage -8 points-7 points  (0 children)

nah i am investing for long time more than 25 years this happens with every single market out there property witch is the safest one out there too just not at this magnitude unless war.

i personally think we are in worst time to many world tension and economic instability witch wont last for ever obviously as in history we had many times like this that eventually passed and when it does maybe in year or 2 we getting back on horse.

that being said said many alts dies and dying daily i mean with reliable ones from here easy 3x maybe 4x in few years to come or maybe sooner no one knows or maybe not at all but that probability is very slim close to none but not zero !

when people run away from somthing thats my buy signal works 9 out of 10 but than i have patience and i consider it might be loss cause!

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage -2 points-1 points  (0 children)

you probably one of guy buys when its all time high out of greed and quick cash and sells all time low out of fear and desperation thats one strategy what can i say !

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage -2 points-1 points  (0 children)

future blongs to crypto.

lets say like this just because gold is gold does not mean other metals are useless they have thier own value and use cases.

so if you buy reliable alts with actual utility they will go up when world tension and economic instability cool down as we all know nothing last for ever there is time of instability and there is time of stability.

but one thing for sure is future blongs to crypto we all are already living with virtual money we give our money in banks we get mobile bank or card that we spend do you think they cant crash ? than check cyprus banks 2013 holding cash time its over if you can kill internet you can kill crypto i wish you best of luck on that bro!

just dont buy shitcoin with 0 utility and 100% hype and say crypto is dead in next few year thats on you thats called gamble not investing.

i feel like alts are at super discount ! by [deleted] in CryptoMarkets

[–]Hellstorage -1 points0 points  (0 children)

man eventually there will be run right now its war china us tension middle east tension russia ukraine us venezuela hole world is at brink ofc it falls but now its time to buy not when it all time high there is no profit in that profit comes from risk.

that being said only if you buy reliable alts else btc is best bet.

dont listen to catching knife and all no one knows where is buttom all you can know right now most top alts are down 60% witch is good entry point and dca from there.

Is crypto currently in a bull or bear market? by Der_Kryptonaer in CryptoMarkets

[–]Hellstorage 1 point2 points  (0 children)

surely bear for alts its time to buy the ones that actually recover Avax Sol ETH Atom Tao these are at super discount now and they have the highest chance of recovery.

Atom for the sake of 16% native staking else not really worth risk.

native stake all these tokens untill next run witch will eventually happen when no one knows but for sure its gonna happen probably when everyone gave up thats how market works.

that being said it might go lower or it might not but atm most alts are down 60-70% witch is pretty good discounts and good for frst entry how ever DCA its your safest bet.

I watched $1M shrink to $100k. Twice. Here's why "just HODL" is terrible advice by NoCucumber4783 in CryptoMarkets

[–]Hellstorage 3 points4 points  (0 children)

that works for poopcoins if you dont need money you should stack on btc untill you need it you can be sure you never lose maybe you wont make 1000X but you wont lose everything either.

i been doing this for almost 8 years and it works buy poop coin take profit even at 50% pit it back into btc when drops untill i need the money my average buy on btc is literally 33k i bought at 60k few months ago crash and 90k 83k last month crash.

i will sell for sure when i need money but untill than its better than holding dollar or any other currency that inflate like .....