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RE: Desperate Times

in LeoFinance4 years ago

Drew me in with a nice butt. You and Galen with your click bait images :D He does a lot of boobs!

I know that I'm glad to have adjusted my personal situation in regards to investing. I've been taking what normally would have gone into traditional stocks and instead taking that same amount and investing it in bitcoin for each paycheck. I know it may not be the most valuable amount right now but in the future I think that's going to be sitting pretty well!

I know I've made a lot of mistakes on the fear side or FOMO. I've sold when it was at the absolute bottom and had to buy back when it jumped back up. I've also bought at the highs only to sell at the lows. It's a strange game to be playing with crypto and investing! What I've learned and has helped me well since, is just don't sell right now lol. I'm hoping to hold onto things long term like bitcoin but if I get my hands on some shit coin I am more than happy to sell when it gets to a good point for taking a little bit of profit. I'm waiting for my Shiba Inu to moon!

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Clickbait works!! Galen is definitely a Boob man :D

I know it may not be the most valuable amount right now but in the future I think that's going to be sitting pretty well!

It is a risk, but it always has to be tempered with reward. Sure, it can all "go to zero" but realistically, I think the bottom for BTC is 25ish - however, the top is..... and that top (your sell top) might be 6m, a year, two years away. The same amount into a stock is unlikely to give the same upward potential, but the downside isn't far different.

I think one of the things I have learned is - never be all in, never be all out.