It’s not your business: how to cover up your crypto failure

Reddit user bthemonarch gathered a bunch of comments, which can help you to reply to people asking about your crypto portfolio after a 70% drop. Given the crypto winter, such cases are not rare, so being able to answer such questions will not be out of place.

Even though the author marked his post as a COMEDY, many users were not up for jokes. So, let’s consider these comments.

1. it’s all fine; I set limit sells (just say you did it); why not, it might work out
2. I got in super early, so I’m already way in the profit (your way down and bought six months ago); if no one would be able to verify it, haha
3. I only invest what I can lose (even though you lost more than you can lose); only if the amount you are comfortable losing isn’t zero
4. I like the bear market. Low prices (but you don’t buy any because you don’t have money); yes, you are welcome (of course you aren’t)
5. I’m not worried; I just DCA dollar-cost averaging is a strategy where an investor put a total sum of savings in little increments over time instead of all at once: the aim is to take profit from the market downturns without risking a lot capital at any given time (you always yolo’d [acronym meaning you only live once, used to explain the view that one should make the most of the current moment without worrying about what will happen later] before); here we just learned a lot of new words, let’s move on
6. I only invest in blue chips is a group of cryptocurrencies with institutional status, steady reputations, higher liquidity, lower volatility, and good market caps, so I’m not worried (you spent way too much on DOGE); don’t worry, everything will be ok, but now soon, says Dogecoin founder
7. I believe in the tech (I have no idea what a blockchain is); we will help you to close the gaps
8. I took profits (you took benefits and put your savings in meme coin); there is a chance that it wasn’t a lousy move
9. I knew it was coming and was ready for that (you knew it was coming but did nothing); you can’t always expect wins, it’s fine, welcome to the fam
10. I don’t even follow that news (you shitpost on crypto daily). keep on do it and do your own research!

So, you can use these phrases when you want people to get off your back. But be prepared to have to lie to your opponent. If it’s worth it to be left alone, go ahead. Also, you can just never say that you hodl crypto assets to ANYONE or say that it’s a long-long-term investment; up to you!

In conclusion. Crypto winter surprised everyone, and many investors lost a lot of money. You are not alone; in essence, there is nothing to be ashamed of; on the contrary, we should talk about it to be prepared for the subsequent collapse. Moreover, despite the market’s crazy volatility, people keep buying coins and hodl at least 40% of their income in crypto. It sounds insane, but it’s the reality of the crypto world.