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I sold $18,000 of ALGO and went all in on a meme coin... AMA

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by COINS NEWS 163 Views

I've posted my background before but I started in this game with $200 of XRP right before the 2017 bull run.

I've seen and done it all... I skipped buying BTC in 2012 when it was like $800 AUD because the wallet was too hard to figure out. I tied to day trade XRP by selling at 34c and buying back at 32c... the day it pumped to 90c. I bought the XVG hype before the pornhub announcement and finally put all my cash into BAX, a project which has done nothing but earned me $30k through dumb luck in timing my buys and sells.

I decided to get sensible and invest in ALGO. We love ALGO right!! The ups and downs of owning a shit coin with that bankroll was too stressful, so I wanted something safe.

22,000 ALGO later, my investment swelled to $60k and I cashed out a nice chunk for a house deposit. At the same time, I've been watching tge meteoric rise of SHIB and DOGE thinking "if only!".

So, 3 weeks ago I threw caution to the wind and put $18,000 into a meme coin, selected purely based on the community. I'm up 628% and loving every minute.

I'm not EXPECTING a SHIB like run, buy a man can dream right?

Wish me luck!! YOLO

EDIT** Yes I have cashed out. I initially dropped $6k over 4 years from 2017 to 2021. I have redeemed $40k approx with some cash set aside for tax and money towards a house deposit.

Not recommended for all, but its meme season. If you can afford to lose it, take the plunge. I have, and so far so good!

submitted by /u/Feed-Me-Your-Tron
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