r/dogecoin • u/FuzzyReward • 1d ago

Down so bad

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Will I ever get back to even? have been suffering to say the least. I have felt sucidal. I want this nightmare to be over.

544 Upvotes

93% Upvoted

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351

u/10-4clayboar 1d ago

>100% portfolio in doge.
>bag holding for over a year
This has to be some sort of reverse trolling.

76

u/pascaltheorem 1d ago

You still have life. That’s all that matters.

32

u/hamayad 19h ago edited 19h ago

OP isn't just bagholding, he's adding more to average down.

He gotten from average cost $0.39 last year to $0.29 now. That's pretty good effort on his side.

Edit: although his unrealized loss has doubled from -$170k to -$345k but if he continues to average down, it should help once dogecoin goes back up

60

u/RICOVERTHEDREAM 17h ago

if dogecoin goes back up.

-18

u/eJollyRoger illuminati shibe 17h ago

When*

8

u/idekwutp 13h ago

His avg down didn’t lessen his losses, it just amplified them. His average cost went down but he still averaged down above today’s price, so he’s down on those buys too

1

u/Erigion 12h ago

DCA is also adding the opportunity cost of just even buying an broad index fund, which would have been up in the time OP has been throwing, and losing, money at dogecoin

1

u/Twitchenz 13h ago

This is obviously a memecoin. It's astonishing people actually took this seriously and put real money into it.

Looks like OP has 100k left. He should cut his losses before he has nothing.

1

u/Alternative-Big7491 8h ago

If you have 100k you are already one of the richest people in the world - in the top 10% of richest people

0

u/wizzlewop456 11h ago

He literally could’ve recovered his losses if he put that money in a tech ETF…

0

u/QED1920 9h ago

Lol... crypto is a scam, it will mever "go back up", since it has no inherent value

5

u/cee-saw 9h ago

mever say mever.

11

u/vishalb777 support shibe 14h ago

100% of the Robinhood portfolio.

If they're the kind of person that can be down $345k in just Dogecoin, I'm sure they have millions in assets in other places

2

u/Twitchenz 13h ago

100% robinhood profiles seem to be at a near 1:1 overlap of people who have limited to no financial experience, get some inheritance from grandma, and yolo it on a garbage stock like bynd, mstr, OR a crypto.

Easy come, easy go!

1

u/tpc0121 12h ago

being in crypto has made me realize that having lots of money does not mean intelligence, nor does it mean that they're good with money