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i think that all hodlers got rekt in a sense (if you had most before 2022) by losing 70% of the nominal value (measured in less ability to pay for typical things), although it is different in comparison to the situation when your coins were stolen either by a hack or by some unscrupulous, possibly criminal, and definitely negligible entity such as FTX, Blockfi, Celsius, etc, etc.
As far as breakeven for mining, people can tolerate negative return for a short time (I assume maybe half a year or a bit less).
My partner got reckt via FTX and Celsius his losses were over six figures .
I did not have any of my coin on them.
At this time I have under 1k on 2 exchanges.
I simply use exchanges to draw cash do a dca and split mining profits among the 4 of us.
It seems that I missed this content in your earlier post Philip.
I remember from a year or two ago that one of your partners was "making a killing" on doggie coin, and you said that you were telling him to sell as it went over $.10 and then over $.20 and then surely it went up to $.70-ish at one point, and your partner was not selling and expecting a dollar.. when many of us thought that it was crazy for that thing to even go above $.10 given the whole way it was designed as a kind of opposite of bitcoin. So perhaps some of those kinds of degenerate gambler people finally ended up getting reckt pretty badly.
In some sense, some of them are asking to get reckt.. but it is even possible that some of them did end up getting out prior to getting reckt, too.
There are all kinds of ways to both get reckt, but then also ways to lose a lot of money, but not get completely reckt, too... or some of them still made a lot of money, so they don't really consider themselves as getting reckt.