11-29-2022, 10:48 PM
In 3+ years, some of us will have a big chunk of money in crypto. Will we cash out?
<!-- SC_OFF --><div class="md"><p>As we know, the next halving will take place in 2024. What follows, historically, is a period of seemingly endless pumps. <em>I've seen it</em>. <em>Twice</em>. You wake up and see that BTC went up 15% in a day. ETH is going nuts and is up 40% in the last couple days. Shitcoins? Oh man, lucky folks are having their 100x as we speak. The media has endless headlines of how BTC is pumping again. </p> <p>You check your folio. Up 50% in the last month. 500+% if compared with 2022's bear. You go online and check what you could buy with that money. Maybe a down payment in a house is on the table again. No lambo yet, but a nice trip for the kids is at your hand's grasp.</p> <p><em>But hey, what if I wait a bit? Maybe I can indeed get a lambo.</em></p> <p>After some time, your holdings are down 10% from ATH. <em>When I get back these 10%, I cash out</em>, you tell yourself. Then -20%, you tell the same. You postpone your withdrawals for so long that you now find yourself in a bear market, -70% or so from ATH.</p> <p>I then ask again: will we cash out?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z7v7a2/in_3_years_some_of_us_will_have_a_big_chunk_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z7v7a2/in_3_years_some_of_us_will_have_a_big_chunk_of/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As we know, the next halving will take place in 2024. What follows, historically, is a period of seemingly endless pumps. <em>I've seen it</em>. <em>Twice</em>. You wake up and see that BTC went up 15% in a day. ETH is going nuts and is up 40% in the last couple days. Shitcoins? Oh man, lucky folks are having their 100x as we speak. The media has endless headlines of how BTC is pumping again. </p> <p>You check your folio. Up 50% in the last month. 500+% if compared with 2022's bear. You go online and check what you could buy with that money. Maybe a down payment in a house is on the table again. No lambo yet, but a nice trip for the kids is at your hand's grasp.</p> <p><em>But hey, what if I wait a bit? Maybe I can indeed get a lambo.</em></p> <p>After some time, your holdings are down 10% from ATH. <em>When I get back these 10%, I cash out</em>, you tell yourself. Then -20%, you tell the same. You postpone your withdrawals for so long that you now find yourself in a bear market, -70% or so from ATH.</p> <p>I then ask again: will we cash out?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z7v7a2/in_3_years_some_of_us_will_have_a_big_chunk_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/z7v7a2/in_3_years_some_of_us_will_have_a_big_chunk_of/">[comments]</a></span>