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Doing the opposite of what this subreddit recommends is what kept me in profit

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by COINS NEWS 10 Views

Many years ago, as people would shill their coins on a daily basis here, I fell for some of them and wasted a lot of money on alts. Some of them don't exist anymore, some were lost when Cryptopia went down and others were rugpulls or just a shot in the dark.

I decided I wouldn't chase those 10x - 100x gains anymore, and would put my money only in the coins I believed would still exist in 5-10 years time. Most importantly, I'd sell whenever I am in profit, and buy when everyone is panicking.

Whenever people in this forum start "omg wait until retail comes! Oh country XYZ is about to buy trillions of bitcoin! I predict $1m BTC by next week", that's my cue to sell everything, which I did. I now see this retracement with a smile, I'm in the green and can rebuy anytime I feel like.

I'm not saying this subreddit only offers bad advice, not at all. But when people start talking about lambos, alt season and going to the moon, that has been a good sign to collect profit and wait. I sold my BTC at 95k, it went well above that, I felt a bit of FOMO but I held on to it. Now it's at 80k and I don't feel like I'm missing out . Feels good to be in profit.

submitted by /u/Marlon-Brandy
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