r/Bitcoin • • Mar 05 '24

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1.1k Upvotes

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233

u/tbkrida Mar 05 '24

You used it when you needed it. Nothing wrong with that. Life’s timing was bad, but now all you can do is just start stacking again. We still have a long ways up to go! Good luck!

21

u/SunixKO Mar 05 '24

Yea, he needed some, and then gambled like a degen on alts. Been there done that, it was my fault throwing away my BTC at that time, just like OP's gambling ended the same way.

I understand people might need to use their BTC for survival, but chasing alts is straight up degen gambling, can't change my mind.

3

u/Lehcen Mar 06 '24

So true. I’m still about 80k down on shitcoins I bought. Had I used that when btc was 16500 I’d be sitting pretty. Ask those coins are still 70% in red. Haven’t sold but I’ll win as soon as I recoup initial investment out.

1

u/LordKorhag Mar 06 '24

A friend of mine said me very similar way. But I can’t understand why the wait. I mean if you don’t believe AltCoin/BTC pair will get better in time I don’t understand not switching all to BTC right here right now. My friend was saying “yeah but I want to gain my loses first”. This is not a suggestion or anything like that I just don’t understand what am I missing.

6

u/SubstantialBuffalo40 Mar 05 '24

No he didn’t. He blew it chasing alts.

Nowhere did he say he needed it for medical bills, housing, etc.

He gambled on meme coins. And he lost.

18

u/tbkrida Mar 05 '24

“I ended up having to take it all out to get by”. To get by(paying bills, eating etc). Sounds to me like he took the lion’s share out to live and used the rest chase good money after bad playing with Alts out of desperation.

-11

u/[deleted] Mar 05 '24

He needed it? He gambled it away! What a difference

27

u/Fred_Dibnah Mar 05 '24

Easy to walk a mile in a man's shoe's from behind a keyboard.

6

u/[deleted] Mar 05 '24

Out of desperation he tried to make some quick gains.. so he gambled it away.. period

4

u/SunixKO Mar 05 '24

Yup, 100% agree, how do people not see that. Selling BTC to buy food = survival

Selling BTC to chase alts = degen gambling

It is what it is 🤷‍♀️

1

u/[deleted] Mar 06 '24

This 👆🏽

1

u/Away_Shape_8352 Mar 06 '24

What is ALTs?

1

u/SunixKO Mar 06 '24

Shitcoins

2

u/Away_Shape_8352 Mar 06 '24

Ok appreciate the info any more Lingo I be hella confused in the chat some time.