My shitfolio is losing/gaining $400-$500 in these swings.
How do you handle it going up/down of thousands?
My shitfolio is losing/gaining $400-$500 in these swings
you will get used to it newfag
Think of the money you put into crypto as gone. Don't spend what you would/could not lose. Everything else is gravy.
I swing 10-30k on a regular day user, six figures on a volatile one
Desu desu
You don't lock in losses or gains unless you sell.
A taxable event.
Read more.
You shouldn't be investing or trading if you don't understand this.
be homeless for a month and acclimate to the idea of having nothing, realize you have everything to gain and nothing to lose.
You can’t cash out user, didn’t anyone tell you this? It’s literally impossible
Jokes aside, you must be new. Anyone who lived through the past few years has seen the portfolio go from 6 figures to 4 figures and then back to 5 figures if the held.
$5k to $10k swings don’t faze me, it’s play money until I cash out
Fuckjing newfags. You probably bought at 18k
$500 swings? Oh man, you havent seen anything yet.
Conviction.
You either have it, or you don't.
Tip: OP has no conviction in his "investments". Thus, this thread.
this
The days where there are no swings is when you will start to panic. I make and lose thousands. The people with million dollar portfolios will make and lose hundreds of thousands.
Just try not to think about it OP. You have to really believe in what you're getting into. It will pass. You will make it.
Final tip:
Asset allocation.
You will get used to it eventually.. when you feel nothing on pumps, you feel nothing on dumps either
T: -150k since last summer
>-150k since last summer
LITERALLY HOW
since august I've seen my folio range from between $55k and $380k
Jesus fucking Christ that is a massive win
Holding link since 2017
this
try 100k swings in a day
Mine is going up/down 35-40k during these swings.
I am numb.
i still feel something on pumps but dumps are just annoying because no dopamine
Being dead inside helps.
Don't look
by deleting blockfolio.
Days where I lose 10k on a day is just to much.
Since I dont plan to sell there is no reason to check the exact amount of value my portfolio has.
Im checking the market a few times per day so I know if its a good day or bad day without to much panic seeing a red -10.283 USD last 24h.
funny, mine only goes down
you get used to it
Think in terms of %.
>buying shitcoins
just stop looking. just keep track of individual coin prices so you know when your sell points are, and just dont even look at your balance in each coin. Don't calculate, don't think about it, just buy, hold, sell high.
You get used to it. Don’t be a pussy.
Also I hold RSR so I’m almost certain we are ultimately going to moon.
you can minimize volatility by cointegrating each coin in your portfolio with btc and then using btc-futures to hedge your deltas
t. market maker
Lmfao i only have 3k link and was down like 17k that dump the other day from 16
mother of Oof