šš«š²š©ššØ ššššš”šš« š šØš«šššš¬š We need to talk. There has been talk about camels, straws, and breaking backs. Well, my back is about to break. I have been a lousy little investor this last year, while I made so much $$$ in the bull market I kept playing. That playing resulted in losing it all, well not all I am holding various digital assets that can be worth nothing tomorrow or get hacked. But almost all my bull market moola has gone. Easy come, easy go....huge lessons learned! Now I have got this hypothesis, by the time I break even we hit the bottom. Of course, this is all speculation. But I might come very close as I can drop another 15% meaning I break even when BTC is hitting 13.5K. If we go below that I will truly be in the red for the first time .
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Likewise - I'm down 80% since the peak. Overall I would have been better off if I'd immediately converted all my crypto earnings to fiat! But you don't know what your 'worthless' bag will be worth come the next bull market.
there is nothing wrong with taking some profit off the table
Yes, that's exactly the lesson I'm taking into the next bull run.
Same here. Need to learn the patience and greed control. The latter has been done the hard way. Now I think I'm doing ok with the former - still keeping some stables to bu y the real dip
we accidentally sold the top (thanks to covid), went against the grain but looking back wish we had sold more. Will be mentally prepared next time round. A lesson none the less.