If you're up 100s or 1,000s of percent on something FFS, take some fucking profits. There's nothing wrong with it, you don't have to sell your entire bag, but God damn don't be an idiot. All of this "hodling" meme crap is going to screw you over.Holding is inarguably the best long term strategy for crypto, but there's nothing wrong with cashing out a bit along the way. Never worry about the "but what if it goes up to ____ amount". Just worry about what you DID make. Just knowing you're up from your initial investment, will bring you so much peace of mind. Then whatever happens along the way won't matter as much.Next alt-season we have, for the love of God. Don't hold into the ground, if you're way ahead, enjoy the fruits of your Investment. Don't live in denial when you're 90% down that the rocket ship is still coming.Maybe I'll eat my words in the next few weeks. But I still don't see literally any harm in quitting while you're ahead.
Submitted February 02, 2021 at 11:06PM
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