Hindsight is 20/20 yes you would’ve sold, we all would’ve.
I've seen a lot of posts on here of people missing out on different crypto booms. They feel defeated like they did something wrong etc. If this is you, don't worry, you would've sold, we all would have.
No crypto, no alt, not even Bitcoin has has a boom where it was "smart" to hold. When Bitcoin went from pennies to $1+ people were staring at monumental gains, anyone in investing knows taking profits is the "smartest" move, nothing is guaranteed. In order for you, me, or anyone else to have cashed in on Bitcoin we would have to watch our money go from 100x dropping nearly 90% then back to 50x again then back down then up 1000x etc. You get the point? There is nowhere in there where it makes sense to hold through all of that.
Anyone who saw their investment 1000x and didnt cash out was gambling, and yea in hindsight it paid off, but the last thing you want to do is be holding any investment all the way to zero when you could've cashed out gains.
The only way any of us wouldve made millions off Bitcoin would be if we forgot about our keys then found them again, or had the most stone cold conviction to hold through every swing.
submitted by /u/StraightStackin
[link] [comments]