Quote from: samcrypto on October 18, 2022, 01:15:47 PM

Quote from: MrDave on October 17, 2022, 10:07:08 AM

2022 is going to be the worst year for crypto investors. Any thoughts guys?

Not all investors are sad this year, many are able to locked-in their profits in stable coins waiting for the right moment to reinvest it. I made some money as well, and still holding it as my buying power so when Bitcoin goes deeper, I might be able to catch it. This is not my worst year with cryptocurrency, maybe I worked hard not to lose a single cent but of course, the market is unpredictable and losing is inevitable as well. If you lose money in the three quarters, you still have time to make some, don't lose hope and keep trying.

This is something a very few lucky people managed to get involved. If they managed to sell their profits at the top, that means they are holding stablecoins and they can definitely start shopping right now, which means not only they profited, but they also positioned themselves to profit even more. That’s actually quite smart and would be lucky.

However, this is not everyone and doesn't mean that we are going to see all the people doing it neither, and that is why we should be careful about it as well. I am not saying that we should buy and hold at any price, but if we already did, then the drop caused us to have a temporary drop and we need to figure a way out too.