Man crypto can be fun! But it can also make you want to punch yourself in the face for being such a big dummy.
I thought it was a good time to get take out some profits last week, and the wife wanted to make some rather big purchases, so I made the call. I remember seeing something about not sending BTC anywhere at the moment because transaction times were crazy and peoples funds were getting stalled out in cyber space. So I converted some BTC into LTC for hopefully a smoother transaction. No hiccups at all. Coinbase actually said my funds would take 7 days, with Thanksgiving and the weekend right around the corner. To my surprise however, I had my funds in my account the next day, I was feeling good!
But just like every single frickin time I cash out some profits, or cut my losses (which has been rare), the coins always seem to just take off. Take LTC for example...
That last little dip around $72 is where I got out. It's hasn't gone below that point since then and has since sky rocketed to over $100. FML.
This wasn't even the first time I missed out on a good LTC run. I got in originally at around 9 bucks. It went up to around 11, and then started tumbling back towards 9 and I realized I didn't have a good enough grasp on the tech, so I jumped ship and stuck it back into STEEM. No regrets ever, imo, in investing in STEEM. But LTC went up to like 40 bucks a week later.
Punch me right in the frickin face.
If you didn't pick up the Christmas jingle from the headline, I'll help you out one more time. Although it has been said, many times, many waaaaaayssssss, just HODL. You should have a wonderful Christmas if you do :)
I'll be sure to let everyone know when I decide to cash out my DGB, BTS, SMART, and other various tokens just so you guys can get in on the bull run.
Not investment advice, please do your own research.
LTC is around $375 today brother! I still have 2 coins I bought at $75 each :-)
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Hey! Would you look at that! A comment from my brother who has never commented before. Nice work, keep hodling.
STEEM is also up pretty decent...as shown my 100% vote is worth a whopping 38 cents!!! Back up the truck!
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Yeah, hodling is the way to go. I don’t know how traders sleep at night.
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If you made profit, it's a win ... and I find it sucks less to cry over missed gains than over lost funds. I sold btc this week at 8600, 9600, and 10,600, and in so doing averted risk of a sudden drop while taking some profit. Though I could have made more just riding the train to 11,000, averting this risk helped me sleep better at night. But that's just me.
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True story. But I didn't really want to cash it out in the first place, I could have kept it in there and should have. But live and learn I guess.
Glad to hear you made some nice gains on your investments. I don't sleep well anyway, 9 month old baby takes the cake on that.
Good hearing from you man, hope you've been well! :)
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