10-13-2021, 02:06 PM
I Likely Will Cashing Out All My Crypto At (Huge) Loss
<!-- SC_OFF --><div class="md"><p>A little background, i joined the crypto wagon during the peak of the bullrun with money that was considered safe to be locked out for quite a while. And then the first crash hit and i was down >70% due to panic selling and bad trading. After that hard lesson, i put all the remaining money into either BTC, ETH, or both.</p> <p>Now I'm at about 35-40% of my initial investment thanks to the recent bullrun. Unfortunately, numbers of unplanned financial necessities just came up and i will likely have to cash out my assets since my income+emergency saving won't be able to cover them. When that day comes, I'll be staying out of this game for a while.</p> <p>Folks, don't end up like me. Be wiser and smarter with your money and investment plan. I believe not all of us invest using throwaway money. If you're like me (using money that might be needed in the future), please do make a very good planning. Remember the golden words, "if you fail to plan, you're planning to fail."</p> <p>Take profit and cut loss if necessary. HODL and or DCA if you can. </p> <p>Now since oil industry is looking quite good, i wish i could land a better job so i can get back into this game with better preparation and execution.</p> <p>Be safe, folks.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sadbot0001"> /u/sadbot0001 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q6rc7f/i_likely_will_cashing_out_all_my_crypto_at_huge/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q6rc7f/i_likely_will_cashing_out_all_my_crypto_at_huge/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>A little background, i joined the crypto wagon during the peak of the bullrun with money that was considered safe to be locked out for quite a while. And then the first crash hit and i was down >70% due to panic selling and bad trading. After that hard lesson, i put all the remaining money into either BTC, ETH, or both.</p> <p>Now I'm at about 35-40% of my initial investment thanks to the recent bullrun. Unfortunately, numbers of unplanned financial necessities just came up and i will likely have to cash out my assets since my income+emergency saving won't be able to cover them. When that day comes, I'll be staying out of this game for a while.</p> <p>Folks, don't end up like me. Be wiser and smarter with your money and investment plan. I believe not all of us invest using throwaway money. If you're like me (using money that might be needed in the future), please do make a very good planning. Remember the golden words, "if you fail to plan, you're planning to fail."</p> <p>Take profit and cut loss if necessary. HODL and or DCA if you can. </p> <p>Now since oil industry is looking quite good, i wish i could land a better job so i can get back into this game with better preparation and execution.</p> <p>Be safe, folks.</p> <p>Cheers!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sadbot0001"> /u/sadbot0001 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q6rc7f/i_likely_will_cashing_out_all_my_crypto_at_huge/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q6rc7f/i_likely_will_cashing_out_all_my_crypto_at_huge/">[comments]</a></span>Kind Regards R