04-05-2021, 12:57 PM
I made ~10x on BTT today and sold it, here's why.
<!-- SC_OFF --><div class="md"><p>Firstly a little bit of story. I was waiting for the psychological barrier of .01 to be surpassed, it actualy did while I was playing some wild rift, as soon as I ended the match I was like, "let me check it one more time, maybe it mooned", and it in fact did. </p> <p>I don't know why it did, I actualy believe it was a GREAT token to hold, and was very hopeful it would reach 0.01 in maybe a year or two, and it was indeed my initial goal for it. </p> <p>But my goal came in less than 4 months, and I sold, probably with 0 regrets even if it 10 20 100x after that. </p> <p>Now for why I sold : </p> <ol> <li>It does have real use cases, but no real useful use cases so far. I don't care about my torrents downloading faster. I would never use a single token for it, but I had hope it would become something better.</li> <li>The chart is looking crazy, I personally WOULD NOT enter BTT right now, and to me, not entering is a very good reason to get out, it's just logical.</li> <li>I have very little understanding of crypto in general, but I do know how to look at a top 10 chart at coinmarketcap and realize something is wrong, when a token that was barely being mentioned suddenly jumps to top 8 and apparently no one can explain precisely why, it's time to sell.</li> <li>And last but not least, a good old wise man said. "Be fearful when others are greedy, and be greedy when others are fearful."</li> </ol> <p>Anyone is welcome to change my mind or explain why BTT mooned, and even if someone does, I reached my goal and can make peace with it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sakaloko"> /u/sakaloko </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mk9f27/i_made_10x_on_btt_today_and_sold_it_heres_why/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mk9f27/i_made_10x_on_btt_today_and_sold_it_heres_why/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Firstly a little bit of story. I was waiting for the psychological barrier of .01 to be surpassed, it actualy did while I was playing some wild rift, as soon as I ended the match I was like, "let me check it one more time, maybe it mooned", and it in fact did. </p> <p>I don't know why it did, I actualy believe it was a GREAT token to hold, and was very hopeful it would reach 0.01 in maybe a year or two, and it was indeed my initial goal for it. </p> <p>But my goal came in less than 4 months, and I sold, probably with 0 regrets even if it 10 20 100x after that. </p> <p>Now for why I sold : </p> <ol> <li>It does have real use cases, but no real useful use cases so far. I don't care about my torrents downloading faster. I would never use a single token for it, but I had hope it would become something better.</li> <li>The chart is looking crazy, I personally WOULD NOT enter BTT right now, and to me, not entering is a very good reason to get out, it's just logical.</li> <li>I have very little understanding of crypto in general, but I do know how to look at a top 10 chart at coinmarketcap and realize something is wrong, when a token that was barely being mentioned suddenly jumps to top 8 and apparently no one can explain precisely why, it's time to sell.</li> <li>And last but not least, a good old wise man said. "Be fearful when others are greedy, and be greedy when others are fearful."</li> </ol> <p>Anyone is welcome to change my mind or explain why BTT mooned, and even if someone does, I reached my goal and can make peace with it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sakaloko"> /u/sakaloko </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mk9f27/i_made_10x_on_btt_today_and_sold_it_heres_why/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mk9f27/i_made_10x_on_btt_today_and_sold_it_heres_why/">[comments]</a></span>Kind Regards R