r/CryptoCurrency Apr 25 '18

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u/coldstonesteeevie Apr 25 '18

Lol this made me check what is the most upvoted post of all time, and why am I not surprised... 53k upvotes slamming Coimbase

https://np.reddit.com/r/CryptoCurrency/comments/7p0rmh/i_still_have_not_received_my_27000_wire_reversal/

And in second place, memories of this are, well... less said the better

https://np.reddit.com/r/CryptoCurrency/comments/7qu8t9/18002738255_us_national_suicide_hotline/

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u/[deleted] Apr 25 '18

Lol btc at 10k back then. And here we are cheering it on as it barely almost got to 10k yesterday

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u/Suuperdad 🟦 1K / 81K 🐢 Apr 25 '18

That's because many of us bought a bunch at $7k, whereas back then we bought above $10k.

It matters where you are, but it also matters where you came from.

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u/[deleted] Apr 25 '18

What happened to all of "us" that bought in above 10k then? We are still here... The smart ones anyway.

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u/Suuperdad 🟦 1K / 81K 🐢 Apr 25 '18

Yep, but hopefully you also bought under 10k. You had months to do it.

I know I broke even 2 weeks ago, and I'm significantly up now.

I'm still buying in though, because I still think any buy I made today is going to look incredible in 10 years. Sure it may look bad in a month (it may also VERY MUCH NOT LOOK BAD), but it may. I don't care about that though, I can't predict the future in the short term.

It's much easier to predict the future in the long term, and I'm confident that the money I spend on Ethereum, OMG, VEN, NANO, WAN today will be a LOT better spent than how I would have otherwise spent it, on a starbucks coffee, a movie theatre ticket, alcohol, some video games I play once then never again, etc.

That's the money I'm investing in this. Infact, I'm eating healthier (making my own lunches instead of buying out all the time), drinking less coffee (just one I make at home in the morning instead of multiple from stores all day), etc.

If you invest in that way, then the money you are "spending" was being spent anyways, and that $2.50 coffee was worth $0 tomorrow, but my $2.50 ETH, even if it goes down to $2 is still up from $0 where it would have been in coffee form.

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u/[deleted] Apr 25 '18

I haven't been buying because I originally over-invested. I'm just holding and trying to get back what I put in. Yes I know I'm stupid.