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Re: Crypto Blowing Up
 

Less gambling and more research. Being risk adverse is fine but risk mitigation through diversity is a much better strategy. Divide your portfolio into low risk, medium risk and high risk assets is the best strategy. As long as you are not lazy, this will get you the highest return during a bullrun while keeping you safe during a suddent downturn.

Re: Crypto Blowing Up
 

So why not just sell some? Take the initial investment out.

Re: Crypto Blowing Up
 

BTC is gonna skyrocket till December - January after that not sure what's gonna happen.

Re: Crypto Blowing Up
 

I believe at the moment hes still not in the green.

Re: Crypto Blowing Up
 

I meant why not sell the original investment at 60k and keep the rest.
Seems a scattergun approach to trading.

Re: Crypto Blowing Up
 

To each their own I suppose. Kinda hard to make an assessment of anyones actions without the full info though.

Re: Crypto Blowing Up
 

It can be mentally challenging when you come into BTC at over $40k and if that's most of your money, and BTC dipped below that, FUD kicks in,

Re: Crypto Blowing Up
 

Well having bought most of my holdings at under $200 it certainly is different :)

Re: Crypto Blowing Up
 

To clarify I was going to wait for 73k GBP that's 100k USD

But thinking it will be safer to leave the game at 60k GBP which is around 85-90k USD I think.

Once it dips back to 30k GBP, come back in with more money.

Re: Crypto Blowing Up
 

That's also a great idea to get out and then buy the dip.

Re: Crypto Blowing Up
 

Whats everyones prediction for end of September ?

Back to the previous all time high ? or close ?

Re: Crypto Blowing Up
 

If this is what you're doing, I really recommend you learn how to do daily trading.

I'm not a trader, I'm a Hodler .

because you might think "sell at 100k, rebuy at 30k"... but how do you know it'll ever drop to even close to that anymore? (which I highly doubt)

Re: Crypto Blowing Up
 

I wouldn't mind hodling if it was with the houses money. I want my initial investment out. lol that's all it is ...

Re: Crypto Blowing Up
 

I love it when emails with links to these threads start popping back up in my inbox.

Re: Crypto Blowing Up
 

It's in high 40k now. So I'm guessing you're good now?

Re: Crypto Blowing Up
 

You weren't getting notifications to the threads you subscribed to?

Re: Crypto Blowing Up
 

Yes, I was getting them... What I was saying was I love it when emails to these crypto threads start popping back up in my inbox... Cuz I know $NGU (Number Go UP)...

I can't wait to see what I'm looking like in 5 years from now.

I'm guessing odds are greater I'll have multiple millions worth of assets than not. And TBH this forum right here is what pushed me into action... so I am grateful.

hard to believe its already been half a decade I've known some of you people, and ya' all turned me into a computer genius. lol

Re: Crypto Blowing Up
 

50K is a pretty cool round number

$50 bills are also my favorite bills

Re: Crypto Blowing Up
 

Re: Crypto Blowing Up
 

Have any of you been following what is happening with the Petrodollar? Or China/Russia being able to eliminate the SWIFT and therefore USA sanctions? This could be the largest driver of Crypto currency

Re: Crypto Blowing Up
 

Thoughts on investing in XRP and ADA?

Re: Crypto Blowing Up
 

ADA is a good one.