Wanted to share my experience, for the new people in trading.

To all new HODLr's​I invested in a particular crypto when it was at 8 sats(token name not important). I thought it was one of the next big things(quite possibly is and still could be)​I went all in on this token at 8 sats and kept up with it for 5+ months. I researched the hell out of it, what it was, it's cause, how it works, the disruption, the industry.. I even knew all the team members names and birthplaces.............​When this token hit 180 sats, I didn't sell. I held onto it and was looking at a blockfolio worth $120,000.I believed in this product, the team, and their goal. I still do, don't get me wrong.Slowly over the other months, I watched my 120k drop 92% because the hype died down. That $120k was non existent when I first saw it, I didn't need it. I was in a very happy place at that time and didn't think anything about this money except for my initial investment.The reason I'm telling people this is because it never hurts to hear another person tell you to be careful.​Ladder sell your profitsSell 50% at a certain pointsPick a number to sell completely​I'm now in a time of my life where that $120k would have made a big problem into the shrug of a shoulder.Don't Hold just because you believe in a project. Seize your profits, even if it means missing out on some extra.

Submitted October 22, 2018 at 06:07AM