I'm losing $ 20,000 in one day !!!

[Ferki]

My portfolio on Binance just got $20000 smaller compared to yesterday! 
And you know what? I do not care! 

I've already forgotten the money I invested there, I don't need it to live. Just don't say that to my wife 
Point two; if i had sold it at the peak yesterday i would have to pay $40000 in tax.

In this way, if I don't do anything from now on and don't sell it for 6 months, the price should go down by 20k and should still say that I sold it at the highest level, but the greedy government won't get anything because they do  nothing but raise taxes and let the rich get richer. Because the rich lobby work well and the politicians are corrupt, they allow it. 

And there we come to the point why the market is going down.
The USA is currently experiencing stronger inflation, so investments are of course being redeployed. But Elon Musk and his tweets have a bigger impact.
And I believe that it cannot be anything other than pure manipulation so that he and his rich cronies can clutter their pockets even more.
Market will recover, I will buy more now. This is not an investment advice

I know what I'm doing, my big goal is 2025, then it will be settled. Until then, I will only buy more and not sell anything.
I have strong hands, diamond hands like the "appes" say.

Strangely enough, my portfolio has become better compared to the Bitcoin price, I now have more value in Bitcoin 

[Freemind]

I know exactly what you mean and I love your point of view, especially with taxes. Also, I also "know" your strategy and I know it has a solid foundation, and I know this because it is very similar to mine although it differs in some things. Since 2018, a large part of my funds and my investment earnings are held in stable currency directly for when I am older, with the rest of my funds "I am playing", so the risk is almost always minimal and I can continue to make profits. It's all a matter of perspective and personal interests, don't tell my wife this either

[masterrex]

I think you know what you are doing Mate, maybe in your country that amount of $20,000 is not that big but here in my country it's already worth a lot and for me, it is already a big loss if that portfolio decline ever happens to me. But as you said you consider it forgotten that's why it has no big issue for you. By the way, Just do what you want after all it is your own money As you said your target was in 2025, and it's almost 4 years from now maybe in that time you are already a multi-millionaire.

[gurunanakji777]

Anyways I like your spirit. Yes, Govt is quite harsh in collecting huge taxes from the common man. If we pay huge taxes what we will get in our hands just a meager amount of money. I don't like it we are doing hard work and govt will take more benefit from us. Currently, I also believe manipulation is going on and we should remain positive and should not sell in the panic otherwise will have to repent later. We should not take Elon's tweets seriously.

[Phu Juck]

So sad, bro!
Elon made a huge announce and it was negative for Bitcoin but all Altcoin was also crash.
We have always to expect for a very volatile market from unexpected announces.

But all coins will recover, bro!
Crypto currencies have huge potential!

[Ferki]

So sad, bro!
Elon made a huge announce and it was negative for Bitcoin but all Altcoin was also crash.
We have always to expect for a very volatile market from unexpected announces.

But all coins will recover, bro!
Crypto currencies have huge potential!

Thank you for your compassion and concern, but I am well positioned 

[robert20]

Yes your point of view is really impressive and future peoofed. You are rigt and i really appreciate your thinking. Really these manipulators like Elon Musk i dont lie them. They are just manipulators and came here only to make their own money. So i dont pay attention to their words.

[Ferki]

Yes your point of view is really impressive and future peoofed. You are rigt and i really appreciate your thinking. Really these manipulators like Elon Musk i dont lie them. They are just manipulators and came here only to make their own money. So i dont pay attention to their words.

Do you know the saying "buy the rumors sell the news"
Sometimes that can make a lot of money.
Many still act according to this "law"

[Filo]

Yeah. We all have similar losses.  But I am ok because I know this bull run just started. I guess before the pick some whales and firms want to collect cheaper coins. Paperhands will regret it.

[Review Master]

Samething for me @Ferki as we're on the same rocket for moon and looks like i'll hodl it for longer period than OP. 
Elon Musk is just manipulating the market just like what was done by John McAfee back in 2018's bull season. They'll come into this market to enjoy their free times and left this market when they're done with this. BTW, i already made a post/replie on other post about elon's recent tweet, so i won't do it here again. But two things is most important for being a crypto users which should be remembered "Not your keys, Not your cryptos" and "Buy the rumors, Sell the news". If anyone maintains this, than he/she won't panic in any situation and would be more profitable.

[syedrasool2011]

Yes bro dont be panice your lost will recover am also losing also 10k from this dump bitcoin will pump again all coins will pump loot of bad news are coming but there some good news I think few days market will be stable again bitcoin will pump again to 5k soon just hold your coins will gives you good profit.

[Aguacate_e]

Exactly, I commented on it a while ago. Powerful voices (Elon Musk) move people's consciences (Markets).

I also think it is a movement for them to get richer. They lower the prices of some rarity for them to adopt it.

[MrSpasybo]

Wow, the market is correcting and you are buying more crypto, which shows you have a very clear vision of crypto market future in this bullrun. I also think this is just a small change for exchanges to "kill" margin traders, and whales have a chance to buy more crypto. We should remember that 2-3 days ago, a large amount of stable coins were put on exchanges. I believe the number of stable coins are used to buy dip today.
$20K is a lot of money, hope you will get them back in the coming days. Market will recover quickly.

[gabbie2010]

This decision you took is a good idea investing $20K in cryptocurrencies for 4 solid years is indeed a big asset we never can predict the actual amount of profits to be accrued in 2025 but I very sure it gonna be massive, however not telling your wife isn't the best idea, I think you should let her know about it and carry  her along with this investment journey it's going to benefit your family later.

[Ferki]

This decision you took is a good idea investing $20K in cryptocurrencies for 4 solid years is indeed a big asset we never can predict the actual amount of profits to be accrued in 2025 but I very sure it gonna be massive, however not telling your wife isn't the best idea, I think you should let her know about it and carry  her along with this investment journey it's going to benefit your family later.

The whole value of my portfolio slipped 10% yesterday, today it went up again 10% so that I still have a loss in value of 5%. I haven't lost anything, I haven't sold anything, I just bought Bitcoin on another portfolio.
Do the math problem and then you tell me what I now have from invested € 10,000.
Again, yesterday I lost about 12-15% of my portfolio. Thats about 20k. How much was the value of the entire portfolio the day before yesterday?