\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

not selling crypto in mid-december = my single biggest mistake to date

likely goes for lots of you too. this will have life alterin...
Hot appetizing locale
  06/24/18
I tried to tell you not to hodl
Salmon Mad Cow Disease School Cafeteria
  06/24/18
Same but early January. Felt the same regret and self loathi...
Exciting bronze stage
  06/24/18
we'll see what unfolds
multi-colored purple giraffe
  06/24/18
what kind of consequences
titillating alcoholic principal's office
  06/24/18
i mean my bank accout could be ~$350,000 bigger if i’d cashe...
Hot appetizing locale
  06/24/18
hindsight is 20/20 boss just think with all that money yo...
bat shit crazy confused set
  06/24/18
...
Aphrodisiac sepia goal in life
  08/03/18
...
Exciting bronze stage
  08/03/18
...
Aphrodisiac sepia goal in life
  08/03/18
devastating
mahogany space clown
  08/03/18
...
Salmon Mad Cow Disease School Cafeteria
  08/03/18
If you had any real money in December you still probably bou...
titillating alcoholic principal's office
  08/03/18
I cashed out my total amount invested at 19.5k btc and have ...
bright shrine
  08/03/18
If you didn't have a good thesis for why you put money into ...
Laughsome Spot
  08/03/18
Because the crypto market is retarded and you don’t need to...
Exciting bronze stage
  08/03/18
apparently you do though, because all these sadsacks got wip...
Laughsome Spot
  08/03/18
I’m gay
Exciting bronze stage
  08/03/18
...
judgmental gaping resort
  08/03/18
Late January actually I convinced myself LTCG mattered more...
excitant azure menage
  08/03/18
Same. Obsessed over taxes like an autist
Exciting bronze stage
  08/03/18
...
Aphrodisiac sepia goal in life
  08/03/18
...
excitant azure menage
  08/03/18
Croesus is a rich king in ancient Lydia who is quite enamore...
Onyx zippy pisswyrm
  08/03/18
One weird trick
painfully honest ceo
  08/03/18
"The observation of the numerous misfortunes that atten...
Onyx zippy pisswyrm
  08/03/18
Oh please. Make money. Fuck bitches. That's all.
painfully honest ceo
  08/03/18
...
Aphrodisiac sepia goal in life
  08/03/18
Itll be back again at some point in the next decade
judgmental gaping resort
  08/03/18
Thanks
Exciting bronze stage
  08/03/18
This farmer had only one horse, and one day the horse ran aw...
Onyx zippy pisswyrm
  08/03/18
...
Hot appetizing locale
  08/11/18
Was literally a million dollar decision for me . Lmao
Exciting bronze stage
  08/11/18
it hurts soooo bad. i was a literal millionaire in late dece...
Hot appetizing locale
  08/11/18
Same, I’m an idiot
Exciting bronze stage
  08/11/18
Paying what I did for my bachelor's degree still a worse dec...
motley sooty partner
  08/11/18
I have sex with men
Exciting bronze stage
  08/11/18
...
motley sooty partner
  08/11/18
i don’t but crypto fucked me pretty hard tbh
Hot appetizing locale
  08/11/18
People lost millions of dollars because of a fucking meme.
Cerebral pearl cumskin locus
  08/11/18
tbf i’ve always thought hodl was a sign of pure idiocy and c...
Hot appetizing locale
  08/11/18
i offered 92k on some modest real estate and got a counter o...
motley sooty partner
  08/11/18
I begged you guys to sell at least enough to pay off your st...
flesh hunting ground site
  08/11/18
Personally I view this entire market cycle as a valuable lea...
Wonderful bull headed really tough guy
  08/11/18


Poast new message in this thread



Reply Favorite

Date: June 24th, 2018 11:29 AM
Author: Hot appetizing locale

likely goes for lots of you too. this will have life altering consequences.

brainless “hodl” posting should be punished by live burial or perhaps a vicious lead pipe beating tbh

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301030)



Reply Favorite

Date: June 24th, 2018 1:11 PM
Author: Salmon Mad Cow Disease School Cafeteria

I tried to tell you not to hodl

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301443)



Reply Favorite

Date: June 24th, 2018 1:14 PM
Author: Exciting bronze stage

Same but early January. Felt the same regret and self loathing when I was down like 80% on sonm last year but somehow that trade worked out great a few months later. We’ll see what unfolds in the next year

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301456)



Reply Favorite

Date: June 24th, 2018 1:30 PM
Author: multi-colored purple giraffe

we'll see what unfolds

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301514)



Reply Favorite

Date: June 24th, 2018 1:15 PM
Author: titillating alcoholic principal's office

what kind of consequences

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301457)



Reply Favorite

Date: June 24th, 2018 1:29 PM
Author: Hot appetizing locale

i mean my bank accout could be ~$350,000 bigger if i’d cashed out at the absolute peak. it feels just as bad as someone stealing $350,000 i already had. unlike ppl here i don’t arbitrarily think about “house money” any differently than other money.

i would pay for video of someone beating the fuck out of retards being retardedly optimistic about “coins” that have literally no real value proposition

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301504)



Reply Favorite

Date: June 24th, 2018 1:42 PM
Author: bat shit crazy confused set

hindsight is 20/20 boss

just think with all that money you could get a great wife like Muscadine wine and EPAH have!

or would you travelshrew? the RSF lifestyle he seems happy!

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36301547)



Reply Favorite

Date: August 3rd, 2018 6:09 PM
Author: Aphrodisiac sepia goal in life



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549017)



Reply Favorite

Date: August 3rd, 2018 6:10 PM
Author: Exciting bronze stage



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549038)



Reply Favorite

Date: August 3rd, 2018 6:21 PM
Author: Aphrodisiac sepia goal in life



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549105)



Reply Favorite

Date: August 3rd, 2018 6:10 PM
Author: mahogany space clown

devastating

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549033)



Reply Favorite

Date: August 3rd, 2018 6:07 PM
Author: Salmon Mad Cow Disease School Cafeteria



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549006)



Reply Favorite

Date: August 3rd, 2018 6:11 PM
Author: titillating alcoholic principal's office

If you had any real money in December you still probably bought in early-mid 2017 so cut a nice 40% short term cap gains tax off those profits. Granted your probably down 80-90% today but it's worth waiting for a recovery from here with 10% taxes



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549040)



Reply Favorite

Date: August 3rd, 2018 6:14 PM
Author: bright shrine

I cashed out my total amount invested at 19.5k btc and have just been letting the profits slide and let do. Would have been nice to have sold everything and paid off my student loans for free but I wanted to swing for the fences.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549070)



Reply Favorite

Date: August 3rd, 2018 6:26 PM
Author: Laughsome Spot

If you didn't have a good thesis for why you put money into these things, why would you ever sell (or buy, for that matter)?



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549139)



Reply Favorite

Date: August 3rd, 2018 6:29 PM
Author: Exciting bronze stage

Because the crypto market is retarded and you don’t need to be a sophisticated investor to make $

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549156)



Reply Favorite

Date: August 3rd, 2018 6:30 PM
Author: Laughsome Spot

apparently you do though, because all these sadsacks got wiped out. in this case if you knew it was all smoke and mirrors, the trick would be to get in and then sell to the greater fools



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549164)



Reply Favorite

Date: August 3rd, 2018 6:31 PM
Author: Exciting bronze stage

I’m gay

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549167)



Reply Favorite

Date: August 3rd, 2018 6:58 PM
Author: judgmental gaping resort



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549346)



Reply Favorite

Date: August 3rd, 2018 6:33 PM
Author: excitant azure menage

Late January actually

I convinced myself LTCG mattered more than selling in profit ljl

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549171)



Reply Favorite

Date: August 3rd, 2018 6:48 PM
Author: Exciting bronze stage

Same. Obsessed over taxes like an autist

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549285)



Reply Favorite

Date: August 3rd, 2018 6:57 PM
Author: Aphrodisiac sepia goal in life



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549340)



Reply Favorite

Date: August 3rd, 2018 8:57 PM
Author: excitant azure menage



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549910)



Reply Favorite

Date: August 3rd, 2018 6:59 PM
Author: Onyx zippy pisswyrm

Croesus is a rich king in ancient Lydia who is quite enamored with his own wealth. When the wise man Solon comes to visit his kingdom, Croesus asks Solon if he had ever seen greater opulence than his own. Solon replies that birds like peacocks are incomparable in their beauty. Croesus disagrees, and he tries to impress Solon with a list of vanquished foes and claimed territories. Solon still disagrees, telling Croesus that the happiest man he had ever met was a peasant in Athens. He explains that the peasant worked hard, raised a family, and was content with what he had. Croesus takes this as an insult and Solon leaves.

Soon after Solon's departure, tragedy befalls Croesus. His oldest son is killed in a hunting accident, and then Emperor Cyrus invades. Cyrus' army is triumphant, and Croesus' kingdom is ravaged and Croesus himself is captured and ordered to be executed. As Croesus is about to be burned on a pyre, he cries out Solon's name. Cyrus stops the pyre to hear what Croesus has to say. Croesus relates Solon's story to Cyrus, and Cyrus is moved by the notion that Fate can bring misery to a rich man and happiness to a poor man. Croesus is freed and the emperor and the king become good friends.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549349)



Reply Favorite

Date: August 3rd, 2018 7:01 PM
Author: painfully honest ceo

One weird trick

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549359)



Reply Favorite

Date: August 3rd, 2018 7:03 PM
Author: Onyx zippy pisswyrm

"The observation of the numerous misfortunes that attend all conditions forbids us to grow insolent upon our present enjoyments, or to admire a man's happiness that may yet, in the course of time, suffer change. For the uncertain future has yet to come, with all variety of future; and him only to whom the divinity has [guaranteed] continued happiness until the end we may call happy."

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549362)



Reply Favorite

Date: August 3rd, 2018 7:08 PM
Author: painfully honest ceo

Oh please. Make money. Fuck bitches. That's all.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549383)



Reply Favorite

Date: August 3rd, 2018 9:01 PM
Author: Aphrodisiac sepia goal in life



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549919)



Reply Favorite

Date: August 3rd, 2018 6:59 PM
Author: judgmental gaping resort

Itll be back again at some point in the next decade

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549353)



Reply Favorite

Date: August 3rd, 2018 9:06 PM
Author: Exciting bronze stage

Thanks

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549935)



Reply Favorite

Date: August 3rd, 2018 7:06 PM
Author: Onyx zippy pisswyrm

This farmer had only one horse, and one day the horse ran away. The neighbors came to condole over his terrible loss. The farmer said, "What makes you think it is so terrible?"

A month later, the horse came home--this time bringing with her two beautiful wild horses. The neighbors became excited at the farmer's good fortune. Such lovely strong horses! The farmer said, "What makes you think this is good fortune?"

The farmer's son was thrown from one of the wild horses and broke his leg. All the neighbors were very distressed. Such bad luck! The farmer said, "What makes you think it is bad?"

A war came, and every able-bodied man was conscripted and sent into battle. Only the farmer's son, because he had a broken leg, remained. The neighbors congratulated the farmer. "What makes you think this is good?" said the farmer.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36549373)



Reply Favorite

Date: August 11th, 2018 1:39 PM
Author: Hot appetizing locale



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598617)



Reply Favorite

Date: August 11th, 2018 1:42 PM
Author: Exciting bronze stage

Was literally a million dollar decision for me . Lmao

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598632)



Reply Favorite

Date: August 11th, 2018 1:43 PM
Author: Hot appetizing locale

it hurts soooo bad. i was a literal millionaire in late december. i didn’t even think to pay off my student loans. kill me.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598639)



Reply Favorite

Date: August 11th, 2018 1:44 PM
Author: Exciting bronze stage

Same, I’m an idiot

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598648)



Reply Favorite

Date: August 11th, 2018 1:46 PM
Author: motley sooty partner

Paying what I did for my bachelor's degree still a worse decision

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598661)



Reply Favorite

Date: August 11th, 2018 1:47 PM
Author: Exciting bronze stage

I have sex with men

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598671)



Reply Favorite

Date: August 11th, 2018 1:54 PM
Author: motley sooty partner



(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598708)



Reply Favorite

Date: August 11th, 2018 1:54 PM
Author: Hot appetizing locale

i don’t but crypto fucked me pretty hard tbh

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598710)



Reply Favorite

Date: August 11th, 2018 1:47 PM
Author: Cerebral pearl cumskin locus

People lost millions of dollars because of a fucking meme.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598670)



Reply Favorite

Date: August 11th, 2018 1:53 PM
Author: Hot appetizing locale

tbf i’ve always thought hodl was a sign of pure idiocy and crypto was basically a joke. which makes this feel even worse

i was just too greedy to sell. being $10,000 richer everytime i refreshed blockfolio was like 100x better than what i imagine heroin feels like.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598706)



Reply Favorite

Date: August 11th, 2018 2:04 PM
Author: motley sooty partner

i offered 92k on some modest real estate and got a counter of 95.

If I'd taken it, I'd have had about 2k left in checking after cashing out everything. I thought "that's not enough, I can't take this now, gonna wait. maybe a couple more paychecks." Business was slowing down at my old job, and in weak months I wouldn't get a $500 monthly bonus.

This was March 7th. A week later I got my paycheck with bonus. The price of ETH at that time is obviously a matter of public record, and I live in a 400 sq ft studio

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598749)



Reply Favorite

Date: August 11th, 2018 2:38 PM
Author: flesh hunting ground site

I begged you guys to sell at least enough to pay off your student loans

But the mania of the time took over everyone

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598877)



Reply Favorite

Date: August 11th, 2018 2:49 PM
Author: Wonderful bull headed really tough guy

Personally I view this entire market cycle as a valuable learning experience. I realize it sounds like a lame post-hoc rationalization, but before crypto I'd never owned an equity of any type and knew nothing about markets or trading.

It seems obvious now to sell during a blow-off top, but until you've actually experienced it it's very easy to get caught up in the bullish euphoria or get hung up on details like finding the best tax strategy before selling. I'm not worried or depressed or anything because I believe in crypto long term and will now be prepared for the next bull market.

(http://www.autoadmit.com/thread.php?thread_id=4009245&forum_id=2#36598908)