Funny story
Back when BTC was trading around $6k I had a stack of about $120k which was huge for me
The chart was looking like shit, but being a noob I thought we surely break up
Instead Craig Wright claimed he was Satoshi and he would crash the market
Well sure enough, everything dumped, we cascaded to $3k range and I panicked, what if he was really going to ruin bitcoin!
What if he was really Satoshi, this is bad so I started offramping through coinbase for $22k and got my account permabanned (was using Russian Crypto Dice casinos online yolodice 999dice and more) so they claimed it was tainted btc and hit me with finCEN
I wasn’t going to let all my money evaporate so I ran around town to different BTC ATMs selling .5-2 bitcoin at a time
Basically whatever limit I could do with limited to no KYC (iykyk)
Its funny cause Ive kept all my Bitcoin ATM receipts as a hall of shame
I ended up cashed out about 50k during the dump with big effort thinking it was over
But it wasn’t over, I was just naive and allowed the suits to take my coins for cheap, the FUD was quickly squashed and I was left sidelined
I still believed in crypto being the future of finance, even if it would take years to recover so I stuck around learning to become a better trader and stopped gambling on dice sites
I learned to take positions without fear and hold when things went against me instead of selling in panic
It might be my best and worse trait, cause I can hold extreme drawdowns, which has kept me here multiple cycles instead of logging off forever after making large sums
but I wouldn’t change a thing
@SoftServedGummy@ZeMirch I don't know if this explanation holds for stuff like ZEC that had an entire generation of bagholders but at the end of the day I care more about green candles than the reason behind them (sans extreme crime)
@123skely >make grading company
>get no traction
>die
>make grading company
>get traction
>become so inundated with orders you just because PSA Jr.
Sold some Worldcoin at $0.52 and some Near at $2.87
I have no idea why these coins have been this strong given how weak rotational capital has been but I have roundtripped just about everything in the last 6 months so
Red button