Just cashed out most of my crypto
Shame- had much more than that in December. Want to know a trick? The moment you want to keep all of your money invested in crypto because you think it will make you a millionaire, cash out half of it. Greed will hurt you.
I’ll spend a long time feeling like an idiot for thinking BTC’s market cap will reach 10 trillion dollars.
But you know that you are in good company, right? it amazes me that many people I know that consider the stock market 'risky' are willing to go all in with crypto - when they don't even understand what it is.
I hope you cashed out on the plus side ;-)
Yeah, well, I got out with my skin intact. Some of my friends didn’t. A guy I know was up almost $200,000 on Tron (TRX) because he was convinced it would be worth $4 soon and he’d be a multi-millionaire. I told him to at least cash out half. He didn’t. Now the money is gone.
I’ve learned that rationality will eventually defeat baseless speculation. I’m generally sticking to covered-calls in the stock market, though I still do own about a dozen litecoins and some steem. Mostly for fun 😉