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RE: ADSactly on ADSACTLY - Part #40 - Cryptocurrency Trading General Advice

in #adsactly7 years ago

I would double-recommend taking profits. Take profits. Period. If you pump 8x, sell 20-30% and get it back into fiat. Then hodl fiat until the next crypto dip.

I've been investing for ten years. No day trading, just your typical stocks, bonds, business ventures, and real estate. It can be daunting -- I actually just sued somebody for failing to honor a promissory note for my investment in his business -- but compared to real-life investing, crypto is insane.

Cover your rear-end and make sure that you come away with something to show for your time. Take profits if you can. You will always get another chance to make more money.

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