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    Cryptocurrency Daily Discussion - July 16, 2021 (GMT+0)

    July 16, 2021

    Cryptocurrency Daily Discussion - July 16, 2021 (GMT+0)

    Daily Discussion - July 16, 2021 (GMT+0)

    Posted: 15 Jul 2021 05:00 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
    • Comments will be sorted by newest first.

    Useful Links:

    submitted by /u/AutoModerator
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    This is Pro-Bitcoin Candidate Aarika Rhodes. She's running against Exposed Congressman Rep Brad Sherman who's trying to ‘shut down’ Crypto & gets some of his biggest donations from Big Banks. She's his Primary Challenger for the 2022 Election in California's San Fernando Valley

    Posted: 15 Jul 2021 08:00 PM PDT

    If you could only go all in one one crypto, but couldn’t touch it for ten years, what would it be (and why)?

    Posted: 15 Jul 2021 08:42 PM PDT

    I think 99.9999% of us in the sub wish we could go back in time and load up on $5 BTC, but that ship has sailed. You cannot go back in time, but you can change your future. If you have the ability to throw a large sum of fiat into one crypto, what would it be?

    I know you should DCA and should not put all your eggs in one basket, but if you had to go long on just one crypto, what would it be (and why)?

    submitted by /u/joechss
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    A Cache of Ancient Bitcoin, Possibly Mined by Satoshi, Just Awakened

    Posted: 15 Jul 2021 07:15 AM PDT

    Which coins have really suffered the highest losses? Let's take a look at the top 50.

    Posted: 15 Jul 2021 03:17 PM PDT

    Which coins have really suffered the highest losses? Let's take a look at the top 50.

    After seeing several articles claiming that meme coins are the "biggest losers" of the recent market crash, I looked at the top 50 coins to see which ones really suffered the greatest losses from 2021 highs. Below is the data. Coins marked with an asterisk (*) are ones that did not set a new ATH in 2021.

    ​

    Honorable mention: Safemoon, at rank 54, is down 74% from its ATH.

    ​

    So what does this tell us? Let's take a look at the best and worst performing coins in this timeframe.

    ​

    The 10 best performing coins/tokens (excluding stablecoins, compound tokens) are:

    • LEO: -26%
    • CEL: -31%
    • ALGO: -50% (the sub is gonna love this one hahaha)
    • SOL: -50%
    • ADA: -50%
    • BTC/WBTC: -51%
    • BNB: -54%
    • COMP: -55%
    • ETH: -56%
    • CRO: -58%

    Aside from a few outliers, these are serious projects that are highly regarded in this sub.

    ​

    The 10 worst performing coins/tokens are:

    • ICP: -95%
    • SHIB: -82%
    • AVAX: -81%
    • FIL: -80%
    • KLAY: -79%
    • VET: -75%
    • OKB: -75%
    • DOGE: -74%
    • EOS*: -74%
    • BSV: -74%
    • (SAFEMOON: -74%)

    This is a bit of a mixed basket. There are definitely some meme coins., as well as some pumps that were obvious PnD vehicles during the bull run. There are also some serious projects in this list, too (poor VeChain).

    ​

    In an effort to keep this as objective as possible, I'm not going to analyze these results or attempt to draw any conclusions from them. I just wanted to throw some facts in the ring with all the FUD-fueled articles that seem to dominate the front page.

    submitted by /u/tfren99
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    My crypto trading algorithm that detects surges across all coins on Binance is getting its own app and it's made by redditors

    Posted: 16 Jul 2021 01:11 AM PDT

    A couple months ago, I wrote a crypto trading algorithm that detects the the most volatile coins on Binance in real time across all of their 1500+ crypto assets. The idea is to detect the beginning of a surge trend in order to ride the trend as it develops.

    I has trailing stop loss and a couple of other pretty neat features to help maximise the profit and it's highly configurable. It's been tested by around 2000 people already with various degrees of profitability - based on the user's config.

    I am now working on creating a web app for it so that's more user friendly than running scrips. Many of you were really interested in the app so I'm happy that some of you have joined in the development of this project!

    If you're interested to be updated on the project's development and to be part of our beta testing release, you can join the subreddit that I just created for it. Bear in mind it's all bearbones right now, but I will post more regular updates on this particular project on there :)

    We chose the name after the Norse God of Knowledge - the badass Mimir.

    https://np.reddit.com/r/MimirTrading

    Or if you want to register your interest for beta testing, just go here:

    https://mimirbot.com/

    Lastly, if you're good with code and would like to try out the alpha version check out the github repo:

    https://github.com/CyberPunkMetalHead/Binance-volatility-trading-bot

    submitted by /u/CyberPunkMetalHead
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    What’s your personal “Lambo”?

    Posted: 15 Jul 2021 11:34 PM PDT

    It means something different to each of us - the end goal - the result of your time in the market:

    What does it look like to you?

    For me, it means retirement by age 50 - about 11 years from now. A new home (designed by me) on a plot of land along a river that I can fish on, and spending my time with family and friends.

    Occasionally working and building things in my shop, living daily life off of passive income from prior investments.

    I'm a simple guy. I don't need much or feel the need to be flashy - just happiness in daily life and not being a slave to any master.

    What does your end goal look like?

    submitted by /u/BeardedMaker
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    Shoutout to Kraken

    Posted: 15 Jul 2021 01:55 PM PDT

    Kraken literally has the best customer service I've ever seen for a crypto exchange, and hell some banks as well . Not only do they have a live chat feature, but they have actual customer support who get back and solved your problem the next day. I've seen some other crypto companies have live chat features like kucoin or nexo, but they actually speak English at kraken, and don't make you wait for half an hour before giving you a shitty bot response. Also, kraken is super straightforward and reasonable, unlike some other crypto companies I dealt with in the past, such as celsius network when I had a 2FA problem ( had the same problem with my kraken account, but they didn't make me do a damn head stand and grow an extra arm). So, if anyone is looking for an exchange that actually has customer support, and cares about its customers, I'd say go with kraken!

    submitted by /u/ComprehensiveLab7591
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    Happy belated 20th Birthday to BitTorrent protocol, originally authored by Bram Cohen. You have changed the world forever, and gave us an early glimpse of a decentralized future. It's a shame how Justin is absolutely destroying the project.

    Posted: 15 Jul 2021 06:03 AM PDT

    Happy belated 20th Birthday to BitTorrent protocol, originally authored by Bram Cohen. You have changed the world forever, and gave us an early glimpse of a decentralized future. It's a shame how Justin is absolutely destroying the project.

    On behalf of everyone born long ago enough to remember the struggles of taking 4 hours to download a song, sending an email through a CLI, to those with memories of yelling at their parents to get off the phone before being disconnected from Brood War, to those who have had the guilty pleasure of making a very flashy and pointless GeoCities webpage, and those who will forever have the "You've got mail" audio clip forever engrained in their memories, thank you for all the being the first pioneers.

    To those who have been sued and fined ridiculous amounts of dollars, those who spent prison time for innovating, and to those who continue to fight for decentralization, thank you.

    And on behalf of the seemingly few left in the world that actually cares about your past work, we sincerely apologize for the failure of Justin, Tron, and the "new BTT team's" utter disrespect and lack of care for the continued improvement of the BT protocol. This apology extends to the IPFS team as well. It just utterly blows my mind that a project literally forks every repo from a non-tokenized, open-source and non-profit organization, then continues to talk them down and give them shit because BTFS has "more users."

    Since the acquisition of BitTorrent, Inc. (do not confuse this with the BitTorrent protocol):

    • There have been zero protocol level improvements to BitTorrent clients nor uTorrent. I've spent countless hours reverse engineering BT/UT (BitTorrent / uTorrent) in search of something, anything. But the deeper I looked, the sadder I got.
    • The BT and UT clients have forcibly been closed source. Along with it, much of the original devs ongoing projects and plans were put to halt and presumably told to take down. If you look through GitHub and old forum posts, you'll see a lot of activity on BT/UT development, including user-submitted plugins and improvements. They all abruptly halted around 2018-2019, with Justin going as far as even removing some functionality that allowed for client enhancements.
    • For a long time I was under the impression that the Tron/BTT team pioneered a way to allow P2P token transfers through torrent seeding, so I cut them a little slack for the lack of any activity on the BT/UT development end. Oh boy was I wrong. The BTT Speed bidding system was just BEP10 (Extension Protocol authored by Arvid Norberg of libtorrent in collaboration with UT). The BTTT team simply added a wallet on top of it, added it as a plugin on top of BT/UT, and pushed a WebUI with the most minimal, useless features that do not even record accurate data.
    • BT/UT has been completely close-sourced, which I am sure they are regretting. It makes perfect sense why the BTT Speed wallet exchange has been down for 60 days now, after what was supposed to be a 2-hour maintenance. It's cause they didn't write the m'fkin protocol, and now the one or two devs working on BTT Speed are completely flabbergasted which led to an emergency multiple job-listing posts days after they realized they were fucked.
    • They forked almost every single IPFS repo's on GitHub (seriously, go check), implemented their minor changes, and now is the biggest shit talker on IPFS. You know what we called people doing shit like this back in the day? Script-kiddies.
    • BTT is not some small project with big ambitions. It's a fucking billion dollar market cap project. They raised $7.1mil through the ICO. And what do they have to show for it? Zero improvements in the clients (the community literally had to modify the client to unlock the 32-bit restriction as they are still stuck in 2012 and don't have a 64-bit version -- it'd take a day or two to release a 64-bit even if through LAA flag), a marketing team that posts cool images on Behance from time to time, a 24/7 twitter meme poster, and a bunch of forked codes. Where did the $7.1mil go? Definitely not development. Maybe a fancy office in SF? Or a fancy dinner with Warren Buffet? This is almost criminal.

    edit: Gonna leave this here... 😂

    Also, great article on the shitshow that is called BTT.

    https://preview.redd.it/rvf1wphlpdb71.png?width=638&format=png&auto=webp&s=1682a14037af883a75ae583e4d9ef3cf2ac28b7b

    submitted by /u/lpxxfaintxx
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    There should be an option to hide how many MOONs we have

    Posted: 15 Jul 2021 10:17 PM PDT

    1. I'm also not showing everyone how many BTC/ETH/whatever I own.

    2. It's not reflective of how much you post or how many upvotes you get, because you can simply buy MOONs and send them to your vault.

    Conclusion: we should be able to choose if we want others to see how many MOONs we have.

    /e: it's maybe also a security concern as users with significant amounts of MOONs could be specifically targeted by hackers or scammers.

    submitted by /u/Junevault
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    My unemotional, detached investment strategy

    Posted: 16 Jul 2021 02:33 AM PDT

    My unemotional, detached investment strategy

    My strategy is based on a few hard learnt principles:

    1. Given the right market conditions, the value of all cryptocurrencies trends towards zero.
    2. The biggest obstacle towards success is yourself, your emotions and over-trading, they sabotage you.
    3. All information except price is just noise.

    Just to caveat that I don't claim these to be universal or absolute truths. They are just my beliefs and how I base my investment strategy. Also, this is an investment strategy only and does not cover things like research.

    Here is my strategy:

    Never buy on green days. If the price is in the green DO NOT BUY.

    This is called FOMO. Seeing the market pump and that awful feeling that you are missing out on parabolic price action. Buying in the green is what certain market participants would call "dumb money" or providing exit-liquidity to whales or those whose cost-basis is much much lower than yours. Of course, it's not that simple, but regardless I'm just not interested in buying on green days, even if it may continue to pump - not buying.

    Use price alerts. DO NOT LOOK AT CHARTS.

    Install an app that provides price alerts that you can configure. Do not look at price charts. There is a common meme of being "bogged"; seeing the price drop as soon as you buy, or seeing the price pump as soon as you sell. You cannot detach yourself emotionally if you are watching the minute or hourly price movements. Bitcoin often loses hundreds of dollars in a second and then recovers by several thousands by end of the day,

    Only buy on double-digit red days (-10% 24hrs).

    I don't follow the "buy the dip" meme. I only start buying once the market crashes or corrects by 10% or more. I use alerts to be notified to this.

    Do not use stop losses.

    I've been using unregulated exchanges for long enough to have lost all faith and trust in stop losses. Let's just leave it at that.

    Sell in tapered increments

    Keep 50% of your portfolio in cold storage and 50% on an exchange. Set your sell orders at tapered increments.

    Something like this, or whatever suits you:

    • Sell 10% of coin A at 10% profit
    • Sell 25% of coin A at 20% profit
    • Sell 30% of coin A at 40% profit
    • Sell 25% of coin A at 60% profit
    • Sell 10% of coin A at 80% profit

    I keep 50% in cold storage on the basis that it is a long term hold. I forget about these. That's why I only invest in legit projects, because once you buy a token or coin, it's a long term relationship. Even if you sell 100% of your holdings, you may still live for years in regret at missed opportunities.

    Buy in tapered increments

    As mentioned earlier, I use price alerts. Once I'm alerted of a 10% drop, I will start buying. I usually place half my buy order manually, and the other half on tapered increments of 3-5% drops. The reason for this is that I want to use at least half of my available cash to buy immediately on a 10% drop and the other half distributed in case we are truly in a black swan event and not just a "correction".

    Re-asses your portfolio & buy/sell orders once a month only

    Now you have your sell and buy orders set up and your price alerts, and you've stopped looking at charts. You have no reason to look at your portfolio unless you're alerted, so do not do that. You can just take one day a month to rebalance your portfolio and adjust your orders based on the current market conditions.

    Try to keep at least 30% of your portfolio in cash.

    Cash, or stable coins are your leverage in this market. In some ways, your cash is just as important if not more so than your crypto. Being liquid in this market is very important to take advantage of opportunities. Again, do not over-trade, resist the desire to "buy the dip". Hold your cash for REAL opportunities. I recommend instead of DCA'ing every month or pay-day into crypto, DCA into cash/stables instead. So you are ready-to-buy crypto on double-digit red days. Build your investment cash stack. Some exchanges apps also offer decent APYs on stables, so there is a double sided benefit there to stacking and waiting, waiting for blood on the streets.

    Do not trade based on anything you read on social media.

    When it comes to money, everyone, EVERYONE has an agenda. Whether a bull, a bear, a maximalist or a skeptical no-coiner, do not listen to any of them. I used to follow a range of channels to try and a get a broad and balanced view or crypto but then soon realized that it's impossible. I don't want to get into too much detail but frankly nowadays I am only interested in price. I participate in Reddit only to quell my moon fomo and to try and have some legit discussions or help newbies.

    ​

    Now there are some obvious things like don't invest more than you can afford, never sell at a loss and don't use leverage etc, but frankly I don't look at these things because ultimately people will just do what they want. The whole point of my strategy is to detach myself as much as possible.

    Finally, I'm not really a crypto expert. Although I have been buying Bitcoin since 2014. I've attached a screenshot to support my credentials for my first crypto p2p purchase from my bank. It was for 1 Bitcoin for about 300 pounds. So this strategy is based on many years of experience. I'm not a Johnny come lately giving out advice - who knows, maybe ukbitworks is lurking on reddit :)

    https://preview.redd.it/0xx1mhyngjb71.jpg?width=3023&format=pjpg&auto=webp&s=95d9deb67d116e3c8cb4d72dc53905fb6735435f

    submitted by /u/coconut_dodger
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    Welp...I'm a dumb-ass but I got lucky. If you are panicking about restoring a wallet, calm down. Breath. Be aware of scams.

    Posted: 16 Jul 2021 01:23 AM PDT

    I'm sure there are plenty who are already shaking their heads at me. It's such an obvious rookie mistake.

    So I'm not totally new to the cryptosphere. I'm starting to get involved more in the world and was allowed in on a testnet. I went through the process of adding the network and when I did, I couldn't figure out how to get back to the mainnet. Metamask wasn't switching back. I thought I must have fucked myself. On little sleep and in the wee hours of the morning, I started to panic. Restore metamask. Gotta do it.

    I get on my browser and type in metamask. First result is "restore-metamask.com" I'm still screaming "FUCKING MORON!" at myself for this, but I clicked it.

    Looks official. I mean they have the metamask fox logo. Not just anyone can have a fuck-damn fox on their homepage. Real nice site. I don't even register what I've done. It asks for a seed phrase. I oblige. The whole damn thing I type out, without a second thought.

    I get into my wallet. My funds are...there. but I can't click anything. No other options. Right then, a wave of gut wrenching realization came over me, a minute late.

    I grab my phone and uninstall metamask, then reinstall it, as I had read this is another way to get back to the mainnet. I go through the proper process to restore and I get into my wallet. Everything is still there. Quickly, I transfer all I can, except a little eth for gas fees. After cleaning out into a new wallet, I left $13 of ETH in the metamask. A fine bit of bait to see if my suspicions (well founded) were accurate (they were). Minutes later, I check and it's gone. They got in. They took all they could. I'm lucky I had a very brief window of opportunity to move my bags to a different wallet.

    All this is really embarrassing to throw down on the table for y'all, but I figured if I can share my $13 dollar lesson with just one more sleep deprived newbie, it'll not be a total waste. Be safe.

    submitted by /u/ADhomin_em
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    Want to Pursue a Career in Crypto? Here is a Megalist of Free High Level Courses From the Best Institutions in the World - on Blockchain, Economics, Statistics, Smart Contracts, Analytics, and much more. (Most Provide Credentials Upon Completion)

    Posted: 15 Jul 2021 11:06 AM PDT

    They say the best investment you can make is in yourself! I'm currently in college, had no idea what I wanted to do with my life for the longest time and was really depressed. About a year ago I got into crypto and found a new passion. Just last week I landed my first internship at a crypto analytics company! I'm really happy and wanted to share all the amazing free resources that have helped me dive into this amazing industry. We live in an amazing time where all of the worlds knowledge from renowned institutions is so easily accessible, let's make the best of it!

    Fundamentals

    In my opinion, these are the fundamental building blocks of knowledge required to even have a clue what is happening in the booming crypto and financial industry. I have been taking some of these courses since my final years in high school and they've truly given me a strong base of knowledge and invaluable skills. In fact, a lot of these skills are very transferrable and can help in a plethora of different careers even outside of finance.

    Economics

    Math and Statistics

    Computer Science

    Open Source Development

    The Good Stuff

    These are the advanced crypto specific courses that I believe provide a very high level skillset that would be very useful in finding a career in crypto and fintech. I believe this is going to be one of the biggest industries in the future, rivaling the internet boom and this is the best preparation for one to capitalize on this opportunity.

    Crypto 101

    Blockchain Basics

    Smart Contracts and Solidity

    Data Analytics

    Good luck to everyone out there pursuing a career in crypto!

    submitted by /u/dragondude4
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    'Old money is broke': Spike Lee promotes crypto in new ad

    Posted: 15 Jul 2021 08:03 PM PDT

    PayPal Increases Bitcoin Purchase Limit To $100,000 Per Week

    Posted: 15 Jul 2021 12:58 PM PDT

    FED Chairman Says Digital Dollar Will Compete With Bitcoin, He seems to not know Bitcoin at all

    Posted: 15 Jul 2021 04:20 PM PDT

    Does anybody else get scared when transferring crypto?

    Posted: 15 Jul 2021 11:43 PM PDT

    When transferring crypto across platforms and exchanges I always have to double and triple check the addresses are are correct as well as the network I'm transferring it on. On top of this I do test transfers but I still always have those bad feelings in the back of my mind haha.

    One time I was making a transfer and did a small test to check and as it turned out the networks were incompatible and I ended up losing the test funds into the abyss. For some reason losing these funds to a carless error felt worse than losing 50% of your portfolio in a crypto crash.

    Is anyone else super cautious and anxious like me when sending over crypto and having it being potentially lost forever? I'd like to hear some other stories if things went wrong!

    submitted by /u/CalzerMalzer
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    GOP Congressman Reintroduces Pro-Crypto Bill—This Time with Democratic Co-Sponsors

    Posted: 15 Jul 2021 08:17 PM PDT

    Get ready for prices to rebound, shorts are getting liquidated as we speak (BTC)

    Posted: 15 Jul 2021 02:22 PM PDT

    Watch it live on datamish.com, the percentage of total shorts on BTC is declining at an almost exact rate with the price increasing.

    Shorts have been slowly rising the last week and pulling the price down but watch how it consistently goes up now that those shorts are being bought back and paying market price to cover the positions.

    It doesn't nessesarily means there's a short squeeze happening here, just the contracts need to repay their borrowed BTC and the more shorts there are left (around 16k in contract BTC left) the price will move up.

    I for one am seriously surprised no one has taken advantage of these obvious moves between the 30-35k band, it cyclically keeps getting pulled to one side or the other rhythmically for the last few months. And obviously I mean whales and large holders, not the $10 pizza crew gang (rise up)

    submitted by /u/shlammyjohnson
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    Have people just forgotten about Reddit Notes

    Posted: 16 Jul 2021 02:09 AM PDT

    Back in 2015 after a raise Reddit released the infamous Reddit Notes a $5M dollar initiative to "give back to the community" in the form of the notes which could then be either Saved, Traded, Donated, Tipped (Sound familiar?)

    This was then just later abandoned for absolutely no reason and then years later Reddit try the same thing again with Moons (Collect these moons which you can then Save, Trade or Tip)

    What's to stop Reddit just pulling the exact same thing again with moons?

    -----------‐

    Relevant Articles:

    https://www.theverge.com/2014/12/20/7427491/reddit-notes-announced-give-5-million-dollars-to-users

    https://redditblog.com/2015/12/19/announcing-reddit-notes/#respond

    submitted by /u/OkMinimum8113
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    It is estimated that 4 million Bitcoins have been lost

    Posted: 16 Jul 2021 12:57 AM PDT

    What would you do if you had a stash of Bitcoins that you could not access because you have lost the keys, damaged your hardware or sent it to a so-called burn address?

    Well, guess what? An estimated 4 million Bitcoins have been lost forever. The number is significant, considering that only 21 million BTCs will ever be mined. Experts believe that over 20 percent of the lost coins cannot be retrieved.

    Scary, right? How does something like this happen?

    The BTC blockchain is immutable and irreversible. This means that once a transaction is completed, it cannot be canceled or reverted. If you send your crypto assets to the wrong wallet, they are gone.

    The cryptography used to secure these coins has no empathy. It doesn't care if you are on the verge of having a heart attack. If you do not use the correct key, you will not access the wallet. Maybe a quantum computer could crack a private key, but decades may pass before it happens. Besides, it may not be possible even with the next generation of computers because developers are already working on creating quantum-proof solutions.

    Soucre: https://minebest.com/2021/04/01/surprising-facts-about-cryptocurrencies/

    It is extremely important to make sure your transaction address is correct and you have written down you seed phrase and stored it in a protected place.

    submitted by /u/HurrayYouReadMyName
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    I hit 1 BAT!!

    Posted: 15 Jul 2021 11:18 PM PDT

    I known it isn't much. But it seems like a milestone to me being very new to crypto. I'm slowly easing myself into a new way of thinking and BAT is a part of that. Thanks to those on here that pointed me in that direction. Still researching stable coins and deciding where to invest. Leaning towards most Bitcoin and ETH! 🚀

    submitted by /u/HlTCHlE
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    Have you considered being able to stay in crypto long term at the rate you’re going?

    Posted: 16 Jul 2021 03:42 AM PDT

    To preface, I've been in crypto since my first BTC purchase in 2011. Crypto and my classes were my entire life and I've done well, not as well as I should have done given my entry date but I left college with no student debt and managed to get into other really strong projects very early.

    You've probably heard that crashes shake out some alternative coins, they sometimes die and don't return but nobody seems to mention that crashes have the same effect on many new investors. Lots of you know better than to sell for a loss but a season like this can last a really long time and often people get in the mindset of if by some miracle I make back my investment, I'm pulling out and never doing this again

    I can tell you truthfully, if the projects you're in survive, it's very likely after the next bull you never see red again for that coin. Shit has crashed exorbitantly and I'm only in the red on MATIC, everything I held before last bull is still in deep profits because old ceilings become new floors.

    My advice is to stop letting the market control your life and start making it just a part of your lifestyle. Don't buy when the dip tells you to, buy on your own schedule. I don't care how often you check the markets but try and keep a semblance of a life outside of crypto. Mental health is crazy neglected everywhere but especially in volatile communities where people's money is at stake and especially during times like these. Right now you don't hear many 2017 investors worried, and in 2025 you won't hear many 2021 investors worried. But I've been on both sides of this and though I didn't take my life or anything the relentless stress of being so deep in the red caused me to eject far too soon and miss out on my first chance at multiple millions.

    TLDR: protect your sanity by forming a long term mindset and putting crypto in a sustainable slot of your lifestyle.

    submitted by /u/amandamichelle90
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    Meme Coins Dogecoin And Shiba Inu Record Highest Losses As Crypto Trading Volume Tanked

    Posted: 15 Jul 2021 06:32 AM PDT
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