I ride all the way to the ground before I sell at loss. I’m a shit investor though. Worked for XRP though. For a long time it wasn’t worth the thirty cents I paid for it. Id be really pissed now if I would have sold it back then. I’d rather lose the initial bag rather than what it could potentially become. This cycles dead bag is potentially a new car next cycle. If you need the $500 then by all means pull it. I’ve got half an Eth and I’m just gonna let it ride. Either I lose it all or I hit the degen lottery.
Saw that lmao right on time. I still don’t think it’ll get back to what I bought it at so I’ll prolly take a small loss regardless but if it can get back to $3K I’ll be happy. It’s currently at damn near $2.4K and was at $1.7K less than a week ago.
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If it kept going down, I might pull for a few weeks and then reenter at a lower cost.
Investing isnt a 1 or 2 year game. Look at all the people who sold their bitcoin in 2017 after it hit its ATH then. They probably feel stupid. (I do)
But yeah. Long term you probably get your money back. Only time id ever dump is if I was pinched for cash and needed it for something important.
Congratulations.