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Congratulations if you are still here! To survive crypto 2022, you had dodge as many bullets as Neo
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2022 will likely go down in history as the second most bearish year in this space, only slightly behind 2018, when Bitcoin lost 73% of its value from the start to the end of the year. This will also likely become the longest bear market ever, as we are only a couple of days off from the 2013-2015 bear market, which took a little over 400 days.
To survive this year, you had to be Neo from the Matrix and dodge:
The collapse of Luna
The collapse of Celsius
The collapse of Three Arrows Capital
The collapse of FTX
The collapse of BlockFi
The collapse of Voyager
How many of these six bullets did you dodge?
If you are still here, congratulations! I didnt even mention all the scams and hacks... In the words of Homelander: You guys are the real heroes. Surviving this year was not easy by any means and took real determination. If you survived this year, you can survive anything. Let's hope our patience and buys and survivability get rewarded in the future.
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Imma make a low effort NFT saying "I survive a year of Bear" when I have time. It's gonna be free.
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That would actually be really cool but kind of difficult to do as people could just claim that they survived this bear market and want to claim it.
There should be a proper mechanism to say how many bear market one person survived which is dependent on the dates of activity on this sub.
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Dodged em all and Ill make sure to dodge the next ones by storing my coins in my own wallet
Yeah, it's really not that hard. I got into the space around 2017, and the most conservative consensus I saw then was DCA into Bitcoin, and self custody it. That's literally all you had to do. Everything else was gambling on speculative projects that wanted to replace bitcoin. Or worse, gambling on margin at casinos exchanges where the house always wins.
I ignored ICOs, NFTs, alt coins. Only in the last year have I begun added Eth to my wallet because it seems like it's proven itself as having a valid and complementary use case to Bitcoin. At no point during this latest bear market have I been less than 2x up on my total investment. In retrospect I probably should have taken profits, but oh well. Next time hopefully.
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Dodged them all but not the overall effect on the market in general, still here though and shall continue to be
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Same here. I just try to buy a bit more every month and wait for better times.
I also really hope that all the bullets for 2022 are over and done now...
Same here mate, still it affects the whole market especially now Ftx's recent collapse spread like a wildfire.
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It’s ok. Low prices now means cheaper price to buy at.
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Luckily enough, I didn't dabbed into high staking or yield and keep my crypto on platform that are still okay for now. I begun to move my coins to an hardware wallet.
I didnt batter an eye lid to any of those collapses, I guess it all becomes irrelevant when you hodl one coin in self custody.
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Same here, let's hope something good comes out of this "correction".
I'm right there with you, self custody for the win. I'm just straight ass holding right now until I meet my goal and cash out and chill
Dodged them all but I also stopped DCA due to a change in my financial situation. I have a bad feeling I'll regret not DCA'ing but them's the breaks.
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Easy to dodge these bullets but no way you can dodge their effects
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Except for every social media influencer. They sold the literal top at $69K and are now buying back into the market! (/s)
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