ETHEUR
Ethereum / Euro
crypto Composite

I am heavily leveraged in ETH right now, to the point where I am trying to change tax residency to avoid hefty capital gains taxes. For that reason, I haven't really purchased ETH in the last couple years. Having said that, I just dropped a little more after seeing this dip.
This whole space is still largely speculative and we all just playing roulette here, but I do think BTC and ETH have been around for long enough to have more security than the others. So if you do decide to buy crypto, sticking to these is your best bet for long term holding.

Looking at ETH for sideways dynamics with Bitcoin is like claiming your wife gave you and STD because she poked holes in your hooker condoms

https://preview.redd.it/nmmjddhp6shg1.jpeg?width=941&format=pjpg&auto=webp&s=23ac2e76820a27ff3f1a594555336dd60db87bc8
You'll fail miserably.
Need to be emotionally unattached to the money you're trading with.
Which obviously in your scenario would be impossible to do trying to trade with your last dollars.
Keep your ETH, we'll likely see a recovery of some degree here soon. The books are way over heated with shorts right now.
Get your house & finances in order first, then invest in real, high level education to learn how to do this right way.
I failed trading for years and years thinking I could figure it out watching youtube videos.
Never going to work.

Well, crypto's original plan was to be a decentralized currency (no middleman), but it ended up being used by scammers and criminals. It's not even supposed to be an investment vehicle. The tech side of all altcoins is laughable. AI is the new kid on the block, so Web 3.0 (blockchain) is basically dead right now.
If you still want to invest, then focus only on BTC and maybe some ETH (if you believe in it).
Why invest? Because it is a high-risk, high-reward with little to no effort.

Every day was pain. I remember getting my ETH for $85 and thinking "am I a moron?"

ETH should be fine

The block chain not the token. I own a tiny bit of LINK and regret it deeply. Should of stuck with day trading WIF. Made more money doing that than I have via XRP, LINK, or ETH.

True. Its not DCA. Its just a periodic buy that increases the cheaper ETH is.
And so, it cannot be DCA.

Just hold and walk away from the charts for a while. You only lose money when you sell. I've been invested in ETH since the early days and this shit happens all the time. It will go back up again, it's just that no one really knows when. It could be weeks, could be months, could be a couple of years but it's not going to disappear at this point.

I was actually impressed for the last 2 days how well Algorand was holding up again BTC and ETH. We held .1 strong, but the dam broke and so did that support.

Those people in ETH long ago took a massive risk and it paid off and were rewarded for it. That’s like getting mad at the lottery winner saying it’s a scam because your ticket didn’t win even though you bought it years after they won.

No staking like ETH so you can easily sell off BTC now and reports of people porting over wallets to exchanges which is never good sign

The fact that BTC can slide much as it did is an indictment on the speculative nature of the entire space. Especially BTC, which is supposedly "digital gold".
Meanwhile Algorand actually works and does more than BTC or ETH, while being more efficient.
If the point of blockchain is to be decentralized, secure, and transfer value - Algorand does those things without insane fees and slow transactions.
BTC just went backwards 5 yrs in value, and doesn't deliver as much real world application as Algorand, but that's less concerning to you?

If you want to trade $1 trade, come to callput.app
Trading with real money and spread will bring more lessons to you.
It supports BTC ETH trade now, it will support us stock options soon too.

this whole crypto space feels a big scam. holding long term is the stupidest thing without selling, paying tax, taking profits.
the real big bosses sold ETH when it was close to $4000 per unit, paid the tax, took the profit spent it on travel, bitches, drugs, cars, nd kept some to rebuy now when its heading towards 1000$ and will do the same when it will go above 3K.
me the fucking loser just hold, and see it go up and down and inflation eventually eats it away anyway. next time ETH goes to even just close to 3K if ever I sell all of it and sell all of it. all that 0.2 unit hahahahahaha
only worse probably are the ones who buy really high and sell at large loss.

Imagine if ETH goes to shit but the BMNR investors end up coming out of it great because Mr Lee wisely diversified into Beast Industries

DYOR, but personally BTC and ETH.

Officially in the red with everything but BTC and ETH. I got in to hold till around 2030, I do take profits and re-invest. It’s been worse, not too much blood in the water yet.

if ETH hits $1,000, then I buy 5! 👌👌👌👌👌

That feeling you have where you feel sick about your decision to buy ETH is really just the signal to buy more…..look at all the crashes in crypto and then look what eventually happens.
When everyone is panicking you buy more. If you thought buying it at the price you did what a good idea, buying around these levels must seem even better no?