PSA: If you’re seeing huge gains, take some profit, recover your initial investment. It will help with your peace of mind!

Cryptocurrency News and Public Mining Pools

PSA: If you’re seeing huge gains, take some profit, recover your initial investment. It will help with your peace of mind!

I started investing in crypto in 2017 (I did some daytrading before that, but never HODL). Didn't invest much, but it was a significant amount for me. I saw HUGE gains. Like 33x. When it went crashing down and after some bad decisions (Bitgrail…), I lost almost everything. I was stressed and angry but calmed down after some months and started accumulating slowly again using the almighty DCA.

Now, we're in another bull run and the first thing I did as soon as BTC went over 50k was to recover all the money I had invested since 2017 plus a little more for some toys (new GPU and tablet, car tires, some other little things). I still have 90% of my stack but now I'm much calmer with the price swings because no matter what happens, I won't lose any invested money and even if it crashes mighty like in 2018 I have most of my crypto, all my invested money AND my new toys from this bull run so I won't feel like an idiot.

submitted by /u/juanjux
[link] [comments]