12-29-2022, 11:03 PM
Just a reminder that when this subreddit is low on activity, when no one is talking
<!-- SC_OFF --><div class="md"><p>I lost a lot of money in the 2018 bitcoin crash. The main lesson I learned from that was to have an exit strategy for the next cycle. So last year, when all the normies started getting into crypto and all the alts were exploding in value, I knew to sell all my holdings and await the crash. I sold when Bitcoin was a little over $50k, and although I didn't time it perfectly, it worked out really well for me.</p> <p>However, after selling, I looked back and realized how much MORE profit I would have made if I would have just bought back in <em>before</em> the bull run started, when Bitcoin was hovering below $10,000 and no one was talking about it. I was a dummy and waited to buy back in until Bitcoin had already passed the $20k mark and the next bull run was well underway. So this cycle, I'm going to make sure I buy in when no one else is even thinking about it anymore.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AbrahamSTINKIN"> /u/AbrahamSTINKIN </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zxp7dy/just_a_reminder_that_when_this_subreddit_is_low/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zxp7dy/just_a_reminder_that_when_this_subreddit_is_low/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I lost a lot of money in the 2018 bitcoin crash. The main lesson I learned from that was to have an exit strategy for the next cycle. So last year, when all the normies started getting into crypto and all the alts were exploding in value, I knew to sell all my holdings and await the crash. I sold when Bitcoin was a little over $50k, and although I didn't time it perfectly, it worked out really well for me.</p> <p>However, after selling, I looked back and realized how much MORE profit I would have made if I would have just bought back in <em>before</em> the bull run started, when Bitcoin was hovering below $10,000 and no one was talking about it. I was a dummy and waited to buy back in until Bitcoin had already passed the $20k mark and the next bull run was well underway. So this cycle, I'm going to make sure I buy in when no one else is even thinking about it anymore.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AbrahamSTINKIN"> /u/AbrahamSTINKIN </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zxp7dy/just_a_reminder_that_when_this_subreddit_is_low/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zxp7dy/just_a_reminder_that_when_this_subreddit_is_low/">[comments]</a></span>