Post
Topic
Board Altcoin Discussion
Re: HODL or REGRET!!!
by
practicaltexan
on 26/03/2018, 04:03:02 UTC
So...

Take profit and you'll never feel bad about it. 

Take ripple. 

I bought 1500 for less than 25 cents a piece. 

I sold some at 1.50 and some again at 2.60 or so and then just put the last 200 I had on my ledger and will forget about them for a few years.

I did the same for stellar and ADA etc.   Sold portions of them at profit intervals I felt comfortable with.    Now, whether they go out of business or whatever,  I've made money.  Those will just be in cold storage till either they just go crazy or whatever.


I would have made a killing just waiting for it to sell at 3.00+  but do I feel bad..  Nope. 

And taking profit means putting it in your bank account or buying something with it.  Not just putting it in another coin. 

I have done both, and I've sold at a loss before $300.  It hurt, but it also made me learn why I did it and why I got into that spot....I was watching the charts.  So now, I set limits and turn off the trading views.

You could set some for profits you want in the future.  A friend did that on this last LTC bump up in february and made out well.