Total crypto market cap extremely close to a new ATH
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Finally. Mind you, was good to see it and a few others independent of BTC.Good to see ETH has woken back up
Are you considering getting back into the market?
I'm glad I HODL'd everything from 2016. There's been times where I almost flinched (both high and low prices) and let go of it all but I am pleased to say I have desensitised myself to the roller coaster now and understand practicing a long term strategy.Nah, would only jump back in if it bottoms out. Pretty happy with my current strategy which has the same upside potential but in stocks.
So you haven’t sold any coins since 2016?I'm glad I HODL'd everything from 2016. There's been times where I almost flinched (both high and low prices) and let go of it all but I am pleased to say I have desensitised myself to the roller coaster now and understand practicing a long term strategy.
Not BTC, along the journey I had a heap of POWER and ETH that I did chicken out on. But that's the game isn't it!?So you haven’t sold any coins since 2016?
Absolutely. Taking profits in January 2018 and staying out of the market until early 2020 would’ve compounded gains from 2018.Not BTC, along the journey I had a heap of POWER and ETH that I did chicken out on. But that's the game isn't it!?
I'm glad I HODL'd everything from 2016. There's been times where I almost flinched (both high and low prices) and let go of it all but I am pleased to say I have desensitised myself to the roller coaster now and understand practicing a long term strategy.
The value amassed is insane, but I can't bring myself to touch it now. I pretAbsolutely. Taking profits in January 2018 and staying out of the market until early 2020 would’ve compounded gains from 2018.
I've had to dissociate from the value sitting there in cold storage. I pretend it doesn't exist and that way I'm not tempted to cash out. But that's the problem... When does one cash out? hahaBest way to do it, at the end of the day HODLing (and accumulating) is the best strategy when it comes to something you think will be completely revolutionary. Enduring the insane swings is part of the experience, and hopefully one day you reach a number where it justified cashing out and banking the profit.
When does one cash out?
Yup... That's what I used to think. hahahaWhen you've got enough to invest in something stable and still live off the interest / dividend?
Yup... That's what I used to think. hahaha
My accumulation mindset doesn't understand what pulling out now means. lol"I could make $1m a year in dividend income, but if I just HODL a bit longer, that could be $2m"
My accumulation mindset doesn't understand what pulling out now means. lol
LOL...If I live to 2078 I would be impressed.October 2078: "A Melbourne man passed away yesterday, he was an avid football fan and had accumulated $7.4b dollars in various cryptocurrencies having never withdrawn a cent. He's left all his money to the Collingwood Football Club."
LOL...If I live to 2078 I would be impressed.
brb breaking cold storage to buy a goat and a lambo.Can't accumulate when you're dead, need to live for those sweet sweet crypto gains.
60k officially hit for the first time since March