Crypto Macro Trends for 2022

The sitting out and waiting is the difficult part of being a hodler

nah. the difficult part is when the hodler realizes he hodled once too often
51Gt-Nn0wYL._SX476_BO1,204,203,200_.jpg
 
And here I thought it was supposed to be a medium of exchange and a store of value. :)

Bitcoin is a global digital asset, a crypto digital investment asset, and like other investment asset, it goes up in price and goes down in price, based on the market sentiment and news

Enjoy you schadenfreude with some beer, deaddog. There will be plenty of servings for you to enjoy as this crypto winter will be with us for a while



upload_2022-6-15_20-16-49.png
 
nah. the difficult part is when the hodler realized he hodled once too often

Are you and your alter ego enjoying yourselves, Jack?

Just keep posting, I do read many of your posts I just don't reply because I don't like feeding the troll, but I'll throw you a bone every now and then, ok?
 
Bitcoin is a global digital asset, a crypto digital investment asset, and like other investment asset, it goes up in price and goes down in price, based on the market sentiment and news

Enjoy you schadenfreude with some beer, deaddog. There will be plenty of servings for you to enjoy as this crypto winter will be with us for a while
Actually John I take no joy in your misfortune. I had hoped you might have seen the risk involved and taken some action to minimize your drawdown.

Any idea where the term crypto winter came from? Sounds like something out of game of thrones.
 
Actually John I take no joy in your misfortune. I had hoped you might have seen the risk involved and taken some action to minimize your drawdown.

Any idea where the term crypto winter came from? Sounds like something out of game of thrones.

your smug smile could have fooled me, deaddog

Don't worry about it, like I said enjoy the schadenfreude as much as you want, makes no difference in the crypto markets

I'm a grown up, I can handle all of these schadenfreude posts that have been rampant on the crypto assets forum

This is my 3rd bull and bear market cycle in the Bitcoin and cryptos. I'm looking forward to the next bull market but in the mean time, I'll be here on ET posting away... coz I got no job to focus on like in previous crypto winters
 
*** Post is for entertainment purposes only ***

Sold the Bored Ape and acquired 3 btc's and put the rest in cash

Listed the Bored Ape a few days ago above floor price but someone bought it anyway (it has some rare traits)

Took a 20% loss on Eth price, but the real loss is on the Eth $ price decline of over 60%

The Bored Ape was a diversification crypto allocation to NFT, ETH, Crypto gaming and Metaverse

I'm still holding the Otherside Metaverse land NFT so technically still have diversification exposure to above but at a much smaller scale

---------

This crypto winter may last for a while and I have a difficult time calculating risk exposure on an illiquid NFT asset, and certainly not with as much locked value on a Bored Ape

Crypto portfolio is 17 btc total (2 at Coinbase) and a couple of NFT's with value

Oof, must have been a difficult decision but at least you got some more BTC on discount. Did you find the gated discord access to be not worth the premium?
 
Oof, must have been a difficult decision but at least you got some more BTC on discount. Did you find the gated discord access to be not worth the premium?

It was a difficult decision and after it sold, I even had seller's remorse, but NFT's are very difficult to to justify holding in a bear market due to the lack of liquidity

Don't want to beat myself over and over but the copium with holding on to the Bored Ape because of indirect diversification to Eth got me to hodl longer than I should have. Yes, it's true, I was not losing on Eth value when combining Bored Ape floor price and potential price of Otherside land, but the $ value because of Eth crashing was very painful

But btc was also crashing, so what's the difference? The big difference is that I'm not as much of an Eth maxi as I am with Btc and I already have enough Btc in the pfolio, so having the Bored Ape trapped me into hodling as much Eth that I did not feel comfortable with as it's 1 token and cannot be broken down. I'd have done what I did now but much earlier, sell the Bored Ape, buy a few Btc and leave the rest in cash but at a higher price if I did a month or so ago

I never took advantage of the discord premium access, it was not something that interested me as I was not looking to allocate more capital during the bear market. I'm on de-risking and hodl mode at this time. I did not want to login with the Bored Ape to the Collab bot so it was not an option for me

I also did not want to participate in the Apefest in NY, lol, sorry, it's not for me, maybe later if we have a bull market and a Bitcoin event in Dubai is happening, that's more my interest
 
Back
Top