Last time to get Eth under 4k! 3k! 2k! | What I learned from buying Crypto at ATH’s

I constantly see people saying how crypto right now is at a huge discount. And although I agree in regards to the future that I speculate these prices will be, let’s not be so quick to forget what the prices were just 6 months ago.

As of January 1st 2021:

• Amp: less than 1 penny • Ada: 18 cents • Algo: 40 cents • Link: $11.88 • Eth: $730 • Btc: $29,400

And this is why you should never “chase” all time highs. I remember many (including myself) saying “last time to get Eth under $4,000. And all though this is “good” when you think of a 10k Eth, you shouldn’t rule out just how high Crypto is this year already.

And I think this “Buy the dip” mentality is pretty ridiculous. If you’re going to buy crypto, buy to accumulate more at the best prices you can, but don’t be too concerned that we’re no where near ATH’s at this current moment.

Crypto is a long term game, the patient ones win out, don’t expect to get rich quick and don’t be distraught when you’re down. However, with this information, we can be better prepared to make better decisions in the future.

This is not financial advice, but I remember someone saying in the daily once: “Don’t sell on red days and don’t buy on Green Day’s” -it’s simple but effective. But remember, you’re not buying the dip, you’re buying to accumulate for the long haul (assuming it’s not a shit coin/ scam). Do your DD, DCA, don’t FOMO chasing ATH, don’t capitulate, and keep a grounded perspective about where we are now in comparison to where we were not even more than a year ago.

I remember seeing BTC at 3k and laughing at the “fools” who didn’t sell at 11k. This was in 2019, as long as you believe in the future of crypto (and not your favorite rug pull shit coin) you have to assume you’ll need to hodl to make a profit to reduce the risk in a volatile market. In the end I was the fool, but, no more. I hope, this may help someone learn from my mistakes.

Oh and lastly don’t believe the 95% of the youtubers you see saying “_____ will moon next!!!”