nickthomas2@benzinga.com

Sat, Jun 28, 2025, 5:31 AM6 min read

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When Reddit user mickeyhusti asked the crypto community a simple question—”How much have you lost?”—the flood of responses painted a stark picture of the current market’s brutal reality. From six-figure portfolio wipeouts to million-dollar mistakes, the thread became an impromptu therapy session for investors grappling with substantial losses in Bitcoin, Ethereum, and altcoins.

The original poster set the tone by revealing their own $200,000 decline from peak portfolio value, expressing shock at Bitcoin’s recent dumps and calling Ethereum’s performance “brutal.” What followed was a mix of financial confessions, investment philosophies, and coping mechanisms that reveal deeper truths about crypto market psychology.

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The losses shared ranged from the sobering to the catastrophic. One trader revealed losing nearly everything: “Started with $90,000, reached $120,000, and now my portfolio is $400... futures...” Another investor reported being down $100,000 “so far,” while a startup employee with no salary shared their panic over a $120,000 loss.

Perhaps most dramatic was the investor claiming “$4 years and 10 million USD” in losses, though the community’s response suggested skepticism about such extreme figures.

These aren’t just numbers—they represent real financial stress, with one commenter noting they’d lost “about 30k and my mental health.” The human cost becomes particularly clear when investors mention working without salaries or facing relationship strain due to investment decisions.

Despite the substantial paper losses, a dominant theme emerged around the concept of unrealized versus realized losses. “Nothing. Haven’t sold a dime,” became a rallying cry, with many investors maintaining that losses only become real when positions are closed.

This philosophy reflects a deeper investment discipline that separates long-term holders from panic sellers. As one decade-long investor put it: “Haven’t sold so nothing. Been stacking over a decade. Just DCA and enjoy the ride.”