MultiversX Tracker is Live!

About that sentence "don't invest more than you can afford to lose"

All Cryptocurrencies

by COINS NEWS 150 Views

Yep. It is 100% true and is indeed THE rule for continued happiness.

And as the rule states I kept investing what I could afford to lose month after month after month. So all good, right?

With the current market getting stabbed to death I see the red of my portfolio in a new light: I see how much loss it is in and you know what? The sum that I have saved into crypto has become an amount that I don't feel I can afford to lose!

It is also an amount that I would have never ever saved in the first place if I had not gotten into crypto and instead would have wasted it on stuff I don't need or on playing the lottery or whatnot.

My major takeaway from this is:
Next bull (whenever that might be) I will most certainly take out some profits when it goes into green territory.

HODL is great! But at a certain point the amount invested or saved can be intimidating. (Relative to monthly income because yes, I am sure some of you earn in a few months what I earn in a year.) :P

Good health and happiness to all of you.

---------

PS: I really wonder how low it will go and how many years it will take for my Portfolio to see green again. Anyone have a reliable crystal ball?

submitted by /u/DecoupledPilot
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments