r/CryptoCurrency Jul 20 '25

Daily Discussion Daily Crypto Discussion - July 20, 2025 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

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Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

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38 Upvotes

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10

u/NonGNonM 🟦 542 / 542 πŸ¦‘ Jul 21 '25

anyone else been in this space for 5+ years and not taken profits?

I feel like i might be making a mistake. i haven't even taken out my principle

2

u/Dazzling_Lime2021 🟦 0 / 3K 🦠 Jul 21 '25

I started closely following back in 2020 and started buying in 2021. Still feels like yesterday. Bought through '22, '23, and just waited. Since 2021 I always told myself I'd sell most of my BTC around $140k.

DCA both in and out seems like the best stress free option, so I'm gonna DCA out soon. We're not at $140k yet but I'm feeling nervous tbh if it will reach that high and don't want to stick through another bear market just cus it didn't go all the way. We're pretty high consdiering how far along we are in the cycle, taking out your principle is never a foolish decision

2

u/panthera_N πŸŸ₯ 0 / 0 🦠 Jul 21 '25

the shitcoin i bought as a lottery ticket is still down -74% (down almost 4x), and is still down even though the market is green. after this increase, my relative's account still needs to increase more than 2x to get back to the end of 2024 level.

2

u/Tsjanith 🟩 194 / 195 πŸ¦€ Jul 21 '25

Been in the market since the first half of 2018. I just finished taking my principle out last month

1

u/PMmeuroneweirdtrick 🟦 0 / 0 🦠 Jul 21 '25

How far up are you for holding that long? I would imagine it'd have to be 200+% otherwise it's not worth it.

1

u/NonGNonM 🟦 542 / 542 πŸ¦‘ Jul 21 '25

Ngl I'm p far in the money for most of my positions and most of them are "tried and true" coins.

0

u/PMmeuroneweirdtrick 🟦 0 / 0 🦠 Jul 21 '25

That's good. After 5 years you need to factor in inflation and compounding. Many people forget to consider this and don't make as much as they think.

1

u/NonGNonM 🟦 542 / 542 πŸ¦‘ Jul 21 '25

can you explain? I feel like i've been outpacing inflation

1

u/alander4 🟦 3K / 3K 🐒 Jul 21 '25

8 years and not in profit gang. I would have been far better off just putting it in the stock market. Still hopeful for things to keep rising I might be able to buy some lunchables. They’ll make a bitcoin maxi of me yet.

1

u/NewPolicyCoordinator 🟩 0 / 0 🦠 Jul 21 '25

I have been in 10 years+ at this point and have taken out some principal for a property transaction. However I am still sitting on material unrealised gains. I am not too concerned as I have a fairly diversified portfolio of crypto, precious metals, shares and property

0

u/xarips 🟩 0 / 0 🦠 Jul 21 '25

yep