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Anyone else buy in right before the dip? Tell me I'm not alone

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by COINS NEWS 198 Views

I had half my portfolio in stocks, and was tired with trying to maximize gains in liquidity pools and dao's, so I said "hey my eth grew faster than my Bitcoin, eth is up 800% in the past year and up 30% this past month, might as well go all in".

I had a friend introduce me to crypto a few years ago but I was strapped for cashed and didn't have the money to gamble. He went all in at the time, he cashed out his 401k, everything in Bitcoin, and now he's in the Caribbean. He shared some investment advice, something like "if you think one thing will grow faster than everything else, then don't diversify, just put all your eggs in the racecar".

So I took a page from his book and sold all my stocks and my liquidity positions and put everything into eth. On November 11th when it was around $4700. Now I'm down 14% this week. Definitely not selling because I don't need the money and this ain't my first rodeo. I'm sure by next week/month/year I'll be all the better for it.

So did anyone else do the same thing?

submitted by /u/-beefy
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