I have learned it the hard way. During the past weeks I had the luck to join early to new projects which, as often happens, skyrocketed during the first days. After a 10x on my initial investment, I got totally overwhelmed by greed and tried to convince myself it was going higher. Went to sleep. The day after the initial hype plummeted and the profit went back almost to zero. Well, of course, that was a clear pump and dump, but to be honest the amount of money I could have got by selling would have been pretty useful in my current situation.
In conclusion, just a daily reminder that taking profits sometimes can be healthy.
P. S. Tell your stories about how you have seen your unrealised profits go back to zero!
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