10-17-2021, 09:07 PM
People get very greedy on this sub sometimes, don't listen to them. As long as you m
<!-- SC_OFF --><div class="md"><p>People get too greedy here sometimes. I keep seeing posts about doing 2000x and never selling etc. but it's important to have realistic goals and sticking to them. If your plan is for example to buy a house "hodling forever" is just stupid. You need that house now, not in 20 years time. Plus having a house early will save you a ton of money on rent.</p> <p>I often compare my profit taking with traditional assets and I always feel good. I took some profits recently. Around 200+% on one of my coins and let me tell you at first I thought "maybe I sold too early, maybe I should have hodled for longer? Everyone keeps telling me we are still early" But then I compared it to my other investments and let me tell you, I've never had any other investment return over 200% profit in my entire life. I've made more with that single sale than I did in my entire life from investing. If I had to do this with my savings account or regular stocks it would take me years and I would probably never doubled my money.</p> <p>It's all about perspective. Have a goal. Realise gains once in a while. Maybe have some stablecoins waiting to buy the dip but don't feel bad if you've sold earlier than everyone else as long as you are in a green, you've won. </p> <p>Good luck everyone!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rootpl"> /u/rootpl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q9uojk/people_get_very_greedy_on_this_sub_sometimes_dont/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q9uojk/people_get_very_greedy_on_this_sub_sometimes_dont/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>People get too greedy here sometimes. I keep seeing posts about doing 2000x and never selling etc. but it's important to have realistic goals and sticking to them. If your plan is for example to buy a house "hodling forever" is just stupid. You need that house now, not in 20 years time. Plus having a house early will save you a ton of money on rent.</p> <p>I often compare my profit taking with traditional assets and I always feel good. I took some profits recently. Around 200+% on one of my coins and let me tell you at first I thought "maybe I sold too early, maybe I should have hodled for longer? Everyone keeps telling me we are still early" But then I compared it to my other investments and let me tell you, I've never had any other investment return over 200% profit in my entire life. I've made more with that single sale than I did in my entire life from investing. If I had to do this with my savings account or regular stocks it would take me years and I would probably never doubled my money.</p> <p>It's all about perspective. Have a goal. Realise gains once in a while. Maybe have some stablecoins waiting to buy the dip but don't feel bad if you've sold earlier than everyone else as long as you are in a green, you've won. </p> <p>Good luck everyone!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rootpl"> /u/rootpl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q9uojk/people_get_very_greedy_on_this_sub_sometimes_dont/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q9uojk/people_get_very_greedy_on_this_sub_sometimes_dont/">[comments]</a></span>Kind Regards R