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RE: The importance of taking profits on your terms in cryptocurrency + a few words on Bitconnect

in #vlog6 years ago

I'm going to be a bit honest here. This month, I jumped into the brand new world of cryptocurrency with $36.

$36 was all I could afford and that was a number I didn't mind losing if anything went wrong.

At first, I gained $12 in Ether from that $36! I know that might not mean much to some of you here who have much more financial skin in this market than I do. But, seeing that small gain of $12 meant a lot and was so exciting to me.

That small gain meant that maybe I could finally earn something extra for my family through cryptocurrency.

And now, the market has gone way down.

Though I don't have much money in the market yet, seeing all that red hurts a bit.

But, I knew that going in. I knew that days like this could happen.

So, I'm forced to HODL. HODLING is all I can afford to do. And, that's more than okay.

I do appreciate this post because in the future, when I do have more money to work with financially and when I have more experience in the cryptocurrency market, I will need to know how to do more than just HODL.

Cheers to us all and et's all hope for the best.