I made that mistake going all in on asset. Never again. I could have won big but it is not worth having that anxiety. Anxiety makes you panic and panic makes you stupid. Going all in is a no no.
That's right. I've been there too and couldn't get out when the price dropped hard the only choice was to wait for the price to come back and the most painful thing is having to find other funds to cover urgent needs.
Yes. why when we see someone who is confident in their activities their money is always on standby, when they need it can be disbursed.
This has happened to me too, invested so well, for years, got rid of all my debts, and collected some bitcoin on the side. By image, it looked like I was on road to retire early and do very well, and if I kept all of it today, I would be pretty close to retiring as well, nearly 25%+ done, and already, which means in 5-10 years I would be retiring without a doubt, well I would still work, I wouldn't know what to do when I "retire", like just watch netflix all day?

But in a sense, I would not "need" money, that's the better term. But what happened? A loved one got sick, and took years, but eventually they passed away, for all those years I had to take care of many bills, and of course that meant first selling all the investments I had, and then it meant getting into debt as well. Now I have less debt again, getting rid of it thanks to bitcoin, but I also do not make much investment aside, I hope if nothing bad happens, I will probably be back again on the next bull run and not this one.