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28996452 No.28996452 [Reply] [Original]

I sold my entire $30,000 in crypto gains to put a down payment on a house because I can't handle crypto losses.

>> No.28996548

>>28996452
you did good, godspeed anon

>> No.28996576

Which coins did you invest in?

>> No.28996597

>>28996452
Whatever floats your boat. I would have nightly panic attacks every time we pumped 5% if I did that.

>> No.28996627

>>28996452
I've succeeded in bitcoin for so long merely because for me the pain of missing out on gains is significantly more than the pain of losing capital.

>> No.28996646

>>28996576
I was in a lot of things but since the last drop or so I got PTSD from 2017 and didn't want to see my portfolio dwindle for months like it did before. I am happy I am out but also fear I will miss out. Crypto was consuming my life.

>> No.28996654
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28996654

>>28996452
>>28996548
>>28996597
fuck off plebbits

>> No.28996662

Houses arent real, crypto is real.

>> No.28996684

>>28996452
You did good, godspeed anon

Which coins did you invest in?

Whatever floats your boat. I would have nightly panic attacks every time we pumped 5% if I did that.

I've succeeded in bitcoin for so long merely because for me the pain of missing out on gains is significantly more than the pain of losing capital.

I was in a lot of things but since the last drop or so I got PTSD from 2017 and didn't want to see my portfolio dwindle for months like it did before. I am happy I am out but also fear I will miss out. Crypto was consuming my life.

>> No.28996703

I got $100k and want to buy a house too but can't because I dont work full time yet. On the otber hand I dont want to have fiat.

So here I am with my shitxoins. What do?

>> No.28996805

>>28996654
anon did what we all want to do, take some profit and purchase a real tangible asset, you can never go wrong with purchasing your own house and if you say otherwise you are clearly a retard

>> No.28996876

always this all in all out bullshit.
grow the fuck up.
have fun fomoing back in.

>> No.28996920

>>28996452
>Not waiting for the housing bubble to pop first.

>> No.28997062

>>28996920
I live in a city where housing prices are down.

>>28996876
I was making rash decisions and the sooner I have money out the less ability I have to fuck things up.

>> No.28997100
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28997100

>>28996452
You made a good choice anon. You can always ape back into crypto (you know you will lol) and now you have another great investment, and don’t have to pay (((landlords))) anymore

>> No.28997275

>>28996452
>Guaranteed Loss
>Selling Livelihood for vanity
If you would just have held for a year, you would have been able to buy the house outright. The game isn't for everyone I suppose, and that's fine.

>> No.28997289

>>28996452
Don’t listen to these fucks anon, this is not a bad choice. If you are able to leave without looking back props and good luck. I could never, as soon as I sold I’d check even more to make sure I won’t miss.

t. 2017 LINK fag

>> No.28997351
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28997351

>>28996703

>> No.28997391
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28997391

>>28996805
>you can never go wrong with purchasing your own house

>> No.28997426

land is superior investment. crypto is good for pump and dump

>> No.28997435

>>28997100
Yes OP now you can directly pay (((banks)))

>> No.28997598

>>28996452
... is this all a down payment costs

>> No.28997717

>>28997598
In Canada you can do a 5% down payment. I want to buy a house worth $300,000 or so instead of rent cucking.

>> No.28997736

Idk the next century is going to be an absolute shitshow for property and housing in general so I've got about 100 acres in my state now. Going to start developing one plot once the eternal winter ends

>> No.28997824

>>28996684
>Catarina Martins BE
comete suicídio

>> No.28997870

>>28997717
Keep in mind if you do anything under 20% you are subject to mortgage insurance which is usually around an additional 4%.

>> No.28997982

Congratulations, you sold the bottom of crypto to buy the top of the housing market

>> No.28998027

>>28996452
Bruh just collect 10%+ APY on fuckin stablecoins then

>> No.28998064

>>28997982
Housing prices are down in my city, at reasonable prices.

>> No.28998067

>>28998027
you know this bull run is going to end with a monster defi hack right?

>> No.28998126

Same here but buying a house seems kinda daunting with the mortgage, real estate agents, inspections, closing costs, etc.

>> No.28998261

>>28997391
niggers excluded faggot

>> No.28998423

>>28998126
Gonna ask my mother in law to help me with this shit. Gotta build equity sometime anon

>> No.28998750
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28998750

>>28998067
anon don't scare us like that ..

>> No.28998994

>>28998261
All I'm sayin' is that it is very possible to make a bad real estate investment, whether its for yourself or some other purpose.

>> No.28999668

good job taking profit anon, you can always buy more crypto. hell, you can take out a loan with the house as collateral, kek.

>> No.28999901

>>28997351
Unironically been thinking about living in a van and spending the weekends exploring things in America

>> No.29000282

>>28998994
you can made bad deals in everything anon, point is though you earn money to make yourself live more comfortably, if it is a house you are missing then you should be focusing on that and not keep playing a highly volatile market while living on rent, purchase your house secure a standard of living and then you are free to play again from a more advantageous position

>> No.29000488

>>28996452
A house is a good thing. Money has no value until you spend it. You can live the rest of your life and start a family in the space you bought with your crypto, that’s more than most ever accomplish with it.

>> No.29000659

>>28997598
The more you have the better rates you get, but with first time buyers assistance and good credit/income yeah you can easy put 10% down on a 300k house and pay like 1600 a month

>> No.29000721

>>28996452
did you save money for the gains taxes goy

>> No.29001142

Cuck, imagine buying things instead of bigger numbers

>> No.29001442

>>28996452
There is absolutely nothing wrong with that. Good on you for having an exit strategy that involved cashing out when you were up.

We all have goals. I think most on here want to escape wagie cagie. Others have a targeted number for use on something like a house or car.

>> No.29001875

>>28996452
Thats funny, i remember just 2 weeks ago i was at stuck at 25-30k for the about 3 months and then finally the coins i was invested in mooned now im at 150k

>> No.29002055

>>28996452
nice. you tied a financial mill stone around your neck.

>> No.29002160

>>28996452
if you waited you could of bought your house cash 3 times over

>> No.29002525
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29002525

>>29001442
>I think most on here want to escape wagie cagie
So fucking badly

>> No.29002586

>cashes out before BTC hits $200k

sad

>> No.29002667

>>28997351
That truly looks like a marvelous way to spend time and gains.

>> No.29002694

>>28996452
thats fine anon, you have a place to live now. please bathe

>> No.29002776

>>28999901
read nomadland

>> No.29002860

>>28997062
buying a downtrend
ngmi

>> No.29002906
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29002906

>>29002667
Maybe this one would be better for that.

>> No.29003226

>>29002860
Don’t care, just want something to call my own.