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RE: New Leo Dolphin seeking guidance from the community...

in LeoFinance • 5 years ago

I never cashed any of the 40k unfortunately. Once it got back to around $1 (mostly under) I started buying more. I got a lot of SP for SPInvest when it was under 20c and that worked out well. I made a LOT BACK from Spinvest, and used that cash-out to buy a nice little packet of Gold. (not the coin above)
5uscommemorativegoldcoinsbuproofdelivered2.jpg

5uscommemorativegoldcoinsbuproofdelivered4 2.jpg

I bought these 12, moved some to Crypto.Com, and bought a lot of LEO.
I prolly got almost a 2x gain from my Steem/Hive but that was just the
power of SPI mainly, and bailing before this huge slump. We are in a
new crypt bull run and Hive is collapsing. I think people are moving
to Crypto, PMs and hard assets due to the election. For various reasons,
but the election seems to be a catalyst. FWIW

💪😎👍

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5 years ago in LeoFinance by
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     5 years ago  

    Tbh, if I had $40,000 made from blogging I would definitely cash out a lot.

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       5 years ago  

      @aces
      The following is a general statement... not directed at you, particularly.

      If you were here at that time (and had a big stake) you would have seen that the prevailing thought was HODL and that the 'promise of SMT's and improvements' to Steem was pretty much a lure (effectively) to keep the Minnows and Dolphins in play. But the crybabies that also came over to Hive were ruining Steem at the same time. I think a lot of Ned's supporters were cashing out because of the crybabies who were not prepared to buy the Steem they were selling. So prices crashed. Be careful what you wish for, you might get it!

      I had 40k but I cashed out close to 10k and LEO is working well for me.
      I am "in profit" as far as I can tell. The Gold I bought is also UP.

      My average cost per Steem/Hive stands at Well UNDER $1 and most were under 20c
      So I have done OK. I learned about buying into the Hype. My Spinvest exit was basically at the ATH.
      So I'd say I learned the lessons very well. Wouldn't you?

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         5 years ago  

        You're kind of lucky... or we could say that you played your cards right.

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         5 years ago  

        Both, IMO

        🤣



        If I had used "Best Practices" I would have cashed 1/2,
        reinvested in something else, and tried again.
        Lather, Rinse, REPEAT!

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