put most of my life savings into BTC near the top (please don't ask why I didn't DCA). i'm really hurting bros. i need to cash out bad in the next few months but i keep literally praying to God for a reversal.
>>62410269Kneepads, faggg
You didn't lose anything unless you sold
The concept of speculation is demonic. God will not be answering this prayer
>>62410297huh?>>62410303not yet but I'm really hurting for liquidity right now. if i cashed out right now i lock in 180k loss..>>62410306why demonic
no reversal until 30-40K
>>62410269I hope you are in it for the tech (cyber hornets).
>>62410312What do you need so much money for? Also never invest money you arent prepared to lose.
>>62410269Be happy, be absolutely manic, that you didn't put it into some altcoin instead.Cut your losses, sell, and get out.
>>62410269>i need to cash out badThis is why you never invest money you aren't willing to completely lose. No crying in the casino, chud. You did this to yourself.
It fell only like 50% from the top, though? That can happen to anything.
>>62410406The likelihood increases with the volatility of the asset. Fast gains and fast losses are the exact same thing, the only difference is which side of the transaction got the fast gain and which side got the fast loss.
>>62410269If you need to sell it's okay. Let this be a lesson to you. You only buy bitcoin with a minimum 5 year time horizon. Anything less and you're almost guaranteed to have a bad time. At least you can lock in the capital loss and carry it forward.
>>62410312you only need the rate of inflation +1-2% for posterity anything more is heretical
>>62410269put my life savings in altcoin rugs at 2021, life ruined, so it could be worse for youcheer up
>>62410303Exactly instead of selling if you need liquidity just lend it, I know custody issues is a thing, I really hope TBV comes live soon
>>62410269HAHAHA NO REFUNDS, THANKS FOR PLAYING, MY LITTLE EXIT LIQUIDITY
