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hodl. My failure to use this one simple technique has lost me millions of dollars.

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by COINS NEWS 274 Views

The year was 2017 and I went deep into btc only for it to crash later on. I panic sold at the first crazy rollercoaster dip as my profits started bleeding into the dark red abyss. Fast forward to November 2020, I purchased a 3080 video card and for some reason decided to see what mining was all about.

As the profits started rolling in I got in at the perfect time. Grabbed a lot more video cards and started to DCA into lots of shit, then recomped my holdings into mainly eth. As we saw the huge pull back from 4K eth I told myself I wouldn’t sell and make the same mistake twice. Well it’s now today and I’m hodling strong and didn’t sell and have been continuously DCA + mining and not converting anything to fiat.

To the newbs:

Don’t make the same mistake as I did and just hodl! You will thank me in the long term. Don’t be impulsive and fomo at the top and sell at the bottom.

/End rant

submitted by /u/heymeit
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