When do we cash in?

[Anonymous No.12237495]

I’ve been holding 2 BTC since 2015. Since then I picked up various other coins. I didn’t sell any at the top and watched my portfolio drop from nearly $50k USD to about $10k. I’m still ahead, but for a while I though this was going to be my ticket out of wage slaving.

So my question is, when do we cash out? What would you set as a BTC a price target for you to sell? I got greedy at the last top and FOMO’d myself into not enjoying any of my crypto gains. Feels bad man.

[Anonymous No.12237607]

Bump

[Anonymous No.12237692]

I feel you, I had 48k, down to 8k. I tempt myself with daytrading but I am such a pansy so i will never gamble like that.

[Anonymous No.12237704]

>>12237692
I’ve had this same thought, but the idea of losing my precious BTC that way sucks worse than the fiat paper loss.

[Anonymous No.12237710]

Why not now? Market is tanking and it WILL take crypto with it. You’re looking at a year+ of recovery so you figure 2 years+ before it’s worth what it is now. Don’t get greedy, you’ve turned a profit why not take the money and run?you might really be kicking yourself in the ass when your internet coins are worth less than 2k here in a few months.

[Anonymous No.12237718]

>>12237692
Crypto is probably the easiest to swing trade.
To be relatively safe, just pick a solid coin like ETH, wait for extreme oversold, pessimism and then buy a thousand dollars worth of ETH and just wait a day or two for it to bounce bight and cash out

[Anonymous No.12237725]

>>12237710
We haven’t seen how crypto performs in a equity bear market or recession... how can you be so sure about that?

[Anonymous No.12237735]

>>12237718
Do you trade on technicals or just wait for big dips?

[Anonymous No.12237769]

>>12237725

I’m not sure, but I think it’s much more likely crypto falls with everything else than it is that it gains value. People are going to flip shit and I don’t think it’ll be crypto they’re putting their money in. You’ve already seen what holding the bag too long will do..

[Anonymous No.12237807]

>>12237769
I don’t know... depends on the nature of the crisis I guess. If it’s a liquidity crisis, then you’re probably right. If it’s a currency crisis and values drop like Canadian funny money just did, crypto could be seen as an opportunity.

I also could be lying to myself because I want John McAfee’s $1mil prediction to come true.

[Anonymous No.12237826]

>>12237807

Sounds like you’re trying to sell it to yourself my dude. You do you though I’m not hating at all I hope it goes up for you. We’re all gonna make it.