@CRYisPTOpher @jasonpizzino It's impossible to ever know what top or bottom will be so you need to take profit ON THE WAY UP. Jason probably bought SOL at $15 so selling at $150 is a 10x. Any time you can lock in more than 3 or 4x it is time to start selling. ๐ hands until your bag is at a 90% loss is dumb
5) CRYPTO ROUND TRIP
Lessons learned...
- For me CRYPTO got too dicey. I have bigger commitments to focus on. I'll pump capital back into mortgage now ๐
- If younger, no mortgage, no family I would 100% play crypto markets as part of investing. The upside is too huge to ignore
4) CRYPTO ROUND TRIP
Lessons learned cont.
- Influencers provide some lessons and insight into projects, but are mostly interested in recruiting exit liquidity
- CRYPTO is an emotional roller-coaster. If you are easily spooked, don't even bother trying
3) CRYPTO ROUND TRIP
Lessons learned:
- Huge % profits still possible if you can keep attention focussed on game
- Take profits early (I could have exited with 7k USD profit at top of market, instead of measely 400 USD)
- Market is relentless, and demands attention 24/7
1) CRYPTO ROUND TRIP
Today I completed process of cashing out all my crypto. I was in the game 7 months, since May 2021 when I bought a major crash in Crypto market. It was interesting to learn about, but also really confusing and frustrating. ๐๐ฅต๐ฅด๐๐ฅต
@AltcoinDailyio For me this is true. In market 7 months, bought May 2021 crash, made some decent gains, SOL at $35, got greedy, transferred some gains into shit coins. Now fully out. Round trip 8.3k USD entry, ended up with 8.7k USD on exit. Wasted effort, learned lessons, protected my capital
Meakformers who are heading to battle Salute you!
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@SecretsOfCrypto@MegaZuberu@CryptoWizardd So if i got in too late for many coins, and bought at 2020 ATH prices am I basically screwed on those? 50% down currently????