Month #15 was not good, again. It’s clearly now that we are in a long-term bearmarket. This doesn’t mean the market will continue to go down, but at least we won’t see the profits of last year anytime soon again.

Anyway, I’m a long-term investor so I don’t care too much about what happens in the shorter term.

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29 COMMENTS

  1. Quinten. I'm an old guy (58), especially for a Crypto investor. I've taken the same losses as you pretty much. Still hodling and still very hopeful about the future. Just wanted to give you a little encouragement even though you probably don't need it. You seem to be such a level headed, honest, humble young man. Super smart. We're going to get our money back and then some buddy. Hang in there! I'm going to do the same. My portfolio hit a high of $210,000, and now it's $60,000, so I know how it feels. Supposedly, institutional money is going to flow into this market fairly soon. Market Cap should go into the trillions. That's what we really need and I think it's really going to happen. We just need to continue to hodl and wait. Cheers.

  2. Many coins lost a lot of value lately due to FUD, but it doesn't matter, decentralization is the future, buy the dip. No use buying ATH during FOMO. Buy and HODL. I'm buying ONION, the Tor-based privacy cryptocurrency. It's dipping after the public airdrop, as many are selling their free coins. It's a community project, not funded by ICO… yet delivered a lot more than ICO projects.

  3. Great video! I'm pretty sure we're all down as of late. This past week I put every single dollar I could find into gemini and bought some Zcash and Bitcoin in preparation for the future

  4. Hey. I am down about the same as you since Jan even while holding different coins. Who knew it would get this bad? I'm HODLing till the end. Thanks for your honest videos, no hype or BS, which is rare in the crypto scene where people laud their good calls and delete their bad ones.

  5. Haha, we're warriors! 😛 The hardcore hodling will pay off in the long run. But as you said, I too regret not putting a little bit more into BTC when the bull run peaked.

  6. Honestly have mad respect for you m8. Thank you for showing your portfolio to us. My portfolio went down by about the same amount as yours (28 %) on the coins that I long-term hold. It's hard to see those numbers, especially when you start playing the "I should've…" game in your head. It'll be okay in the end, and you'll be back to $500 K no doubt – it's just a matter of when!

    Do you ever cost average your investments? Or do you never put more capital in?

    And thanks for the spreadsheet! It's very helpful!

  7. Thanks for your review. In my opinion, holding Bitcoin is also risky at the moment. If you hold a bunch of Bitcoin, you're basically counting on the market to continue in a downward trend. The Bitcoin market dominance is really high and if there's a market upswing, the alts will crush Bitcoin. Good luck everyone.

  8. The short term problem (once the bull market starts) is that the majority of investors will be taking profits once their portfolio goes into the black. This bear market has played with people's minds too much, so once prices get to levels to a couple of months ago I can see another major short term dip as people start taking profits.

  9. Hey Quinten, why its better to get into BTC at this time rather than alts? BTC is more stable in bearmarket than alts but all alts are down 2-3x more than BTC and at a very cheap price. When the bull returns these alts will outperform BTC. I mean as long as you hodl shoudnt it be a good time to collect alts?
    Thank you

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