RE: When the price of the tokens you hold goes up 100x+ within hours, you'll test yourself...and your limits. Can you handle it?
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No one ever went broke taking profits. Period. If you play that game, you will watch it go back down far more often that it will keep going and turn you into a millionaire. I already have a couple of these scenarios. I bought something really cheap and have watched it go 1000x and back down without selling. Still own it. lol But it's back up 10x. I also have a couple I took 10x's on that would have more than 100x'd. Guess which ones have made me most money? The ones I actually sold.
Plus, I can't calculate what the gains on those sales have turned into. If I let myself focus on the what-ifs and if-onlys, I'll make stupid decisions when the time comes. The only way for me to HODL for that big of gain is to actually KNOW what I own. Most of these "shit"coins I don't know inside and out. They're usually from something I heard somewhere.
Bitcoin, Hive, Leo, Cub....these I KNOW. I've thoroughly researched and vetted them to the best of my ability and I'll be able to keep HODLing, even after they've 100x'd.
Great article! These stories are real so it IS good to be prepared.
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That a serious mistake...
I am not suggesting that that's what everyone should do on every investment they've made. When the time is right you just know it. You have those goosebumps...
PS. Thanks for the kind words!
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Welp, I only had $80 in it and I bought it for around .002 and it went to .25. At that point, I thought it was going to $1. But it didn't. lol
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