Sold all my crypto after 4 yrs
- Thread starter Stew Nod
- Start date
300% aint bad
Holding through four yrs….You pay in pain…I ain’t lying. It was 16000 2 yrs ago. Every single source of media said sell. It’s a scam get out now. But that was the time to buy.
Now every single source in the media says it’s great. It’s the future JP Morgan is getting in.. that is the time to sell
Same cycle for 12 years now over and over and over
good move. I don’t own any crypto.
When marijuana was going to become legal in Canada people were making millions buying and selling pot stocks. It was like the gold rush. Ten years later everyone is declaring bankruptcy. I’m not saying this will happen with crypto, but i see some same patterns
BTC and ETH are going much higher. Believe! You could buy some and keep it in DeFi. I'm earning 21% on stablecoins at the moment with Wasabi....
That's the problem with BTC...it's NEVER going to be the right time to sell. It never has been, and it won't be for a very long time. That's why it almost sucks owning it...because you can never realize the gain -- without losing out on massive upside.
When it was around 1000, I read an article from an expert reasoning that it would go to 10,000. I didn't really believe it, but held anyway. Right choice.
This has repeated several times. Recently, the prediction is 200-250k. Sounds like bullshit, buuuut, history says it will likely happen.
I will probably sell when it hits 1 mil. That's an official prediction. See you back here in a few years.
You blew it. Gonna miss out on some big upside.
Lol@ you blew it.
He took a 300% gain. How is that blowing it?
BTW you can’t predict the future.
I actually originally bought based on yours and a few other’s posts
Thank you. I’m sure I’ll get back in at some point. Maybe BTC at 60,000 or 70,000. We shall see
I respect it.
The cycle should still provide 1 more erratic wave up and then do the customary 70-80% collapse....but it will someday be much lower than this. Im 99% sure about that. Bitcoin will be under 50k again, ethereum 1750 etc
Nobody ever went broke taking profits
And timing a top is stressful when youre sitting on a nice pile.....screw it, cash out and unwind
The only reason ive held Ethereum for so long is it began as like 5% of my portfolio
Its now well beyond 25% but i dont worry because the other 75% is well beyond what it was worth as 95% of my accounts, too....if that makes sense
And i cant sell it by just logging in online somewhere.....that actually helps a lot too
Its now well beyond 25% but i dont worry because the other 75% is well beyond what it was worth as 95% of my accounts, too....if that makes sense
And i cant sell it by just logging in online somewhere.....that actually helps a lot too
I never trust what the media says, just self-serving liars who are trying create our reality and trying to sell us commercial products and keep our eyes glued to the screen forever and ever and ever for their shareholders.
I told a coworker in casual conversation, buy a few hundred dollars for your kid. That was at 4000.
I felt kind of bad when I got my dad in and it went down. That was at 16k
It's never too late to get in, and there will always be more upside.
But I take it back, I can't cast aspersions for someone taking profits. It's just that with BTC, FOMO is not a fear, it's a reality.
If I'd have sold at any point along the way, I would have missed out on gun-eating amounts of profit. (Disclaimer: I would never harm myself, it's an expression.)
I felt kind of bad when I got my dad in and it went down. That was at 16k
It's never too late to get in, and there will always be more upside.
But I take it back, I can't cast aspersions for someone taking profits. It's just that with BTC, FOMO is not a fear, it's a reality.
If I'd have sold at any point along the way, I would have missed out on gun-eating amounts of profit. (Disclaimer: I would never harm myself, it's an expression.)
why not sell then buy back. It’s not going in a straight line
I tried timing crypto for period...and did horribly.
I can't invest enough time to do the research and watch the trends. I just buy a little on a regular basis for years now. I'm a buy and hold guy now and it that method has never failed me.
bitcoin crashing.
Life will not change without Bitcoin.
Nobody will give a shit.
Things to think about
Nobody will give a shit.
Things to think about
So, anyway…I mostly sold because of a gut feeling. Sentiment is soooo important in Crypto. Think TSLA, NVDA times 10
A couple of charts, what I’m watching. The yellow lines are support/resistance levels…My basic trading strategy….along with trends.
If Bitcoin goes any lower it is failing at an important support level….and simultaneously failing by breaking through an uptrend line. Pink lines are up/ down trend
This setup is so perfect, I’ll probably be completely wrong and it’ll go to 500,000 next week
A couple of charts, what I’m watching. The yellow lines are support/resistance levels…My basic trading strategy….along with trends.
If Bitcoin goes any lower it is failing at an important support level….and simultaneously failing by breaking through an uptrend line. Pink lines are up/ down trend
This setup is so perfect, I’ll probably be completely wrong and it’ll go to 500,000 next week
How much did you have and where are you putting the proceeds?
