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Sell crypto for profit or hold

nrt89

New member
Apr 22, 2024
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I have small profit at this point with crypto. I am tired of these up and down. Would you guys recommend selling or holding it. It small part of my portfolio, it is made up of xrp and eth. I have never taken a profit and I regret not selling it earlier :(
 
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six_pac

Well-known member
Nov 7, 2008
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buy low, sell high, rinse and repeat, holding is for suckers.bitcoin is going through its yearly retractio, and all other coins follow, not a single one has decoupled as of today its movement affects them all.
 
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stinkynuts

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Jan 4, 2005
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I have small profit at this point with crypto. I am tired of these up and down. Would you guys recommend selling or holding it. It small part of my portfolio, it is made up of xrp and eth. I have never taken a profit and I regret not selling it earlier :(
I would sell half now. Sell the other half later this year, as soon as there is a rally and then start averaging out. You should start cashing out in tranches now.
 

God of War

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Aug 12, 2022
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Michael Saylor's stock Strategy formerly Microstrategy has been a total disaster.


Michael Saylor's stock Strategy formerly Microstrategy has been a total disaster.


All crypto is worth zero. Biggest scam since the Ponzi scheme.
Probably. All assets class can be considered ponzi scheme if it wasn't run probably.

Since US government recognize its value. It is just matter of time before it takes off. Beside, it is still too early to predict the 2026 market.

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stinkynuts

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Jan 4, 2005
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I personally don't invest in bitcoin. However, it was funny that in the past in the terb finance section, everybody was raving about bitcoin. Now it seems you don't hear a peep, from these same people.
Well, I always knew that Bitcoin was going to do this. It is following the four-year cycle again for the most part. I bought early last year, held and made a profit, and sold everything before the big drawdown.

Made some decent money, but I've had enough.

I think buying Bitcoin at the cycle low might yield good returns if the cycle still holds, but that's not as certain as in the past.
 

fall

Well-known member
Dec 9, 2010
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Well, I always knew that Bitcoin was going to do this. It is following the four-year cycle again for the most part. I bought early last year, held and made a profit, and sold everything before the big drawdown.

Made some decent money, but I've had enough.

I think buying Bitcoin at the cycle low might yield good returns if the cycle still holds, but that's not as certain as in the past.
Am I the only one who is loughing at such reasoning?
 
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jalimon

Well-known member
Jan 10, 2016
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The Ponzi is falling. Just normal. Since it seems it`s an accepted Ponzi, it will eventually get back up.

Something tells me it will still go down to near zero for a while. The billionnaires needs to crash it to eventually get full control over it.
 
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fall

Well-known member
Dec 9, 2010
2,982
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The Ponzi is falling. Just normal. Since it seems it`s an accepted Ponzi, it will eventually get back up.

Something tells me it will still go down to near zero for a while. The billionnaires needs to crash it to eventually get full control over it.
It will surely crash to zero, I am just not sure why anyone needs to get full control over useless virtual things, so it will just stay at zero. It served its purpose of getting money from fools. One may want to go for round 2 of a smaller cycle from zero to get even more money (as was done with many Ponzi schemes in the past), but with current infrastructure/mining costs, it would be too costly, so, when it hits zero, it will simply die.
 
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