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I have more invested than I'm willing to lose, at this moment

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by COINS NEWS 181 Views

The ol' adage goes "don't invest more than your willing to lose", right? Well I did that. I invested 5% of my savings account back in 2020, and that amount, today, has turned into ~40% of my life savings. I've taken profits during rips and used the same funds to buy the dips. I don't have all of that money into coins right now but a fair amount of it in BTC/ETH with relatively low buy ins.

The way I see it, there are quite a few options on how to proceed:

  1. Leave my funds where they are (wallets, buying power on exchanges, etc.) and just keep doing what I'm doing. I haven't been DCA'ing since about July 2021 since I have buying power waiting.

  2. Same as 1, but no matter what, DCA

  3. Take profits and stick to the original 5% invested or so? (Gains are exponential, so I don't think I wanna do this)

  4. Take my original investment and return it into my savings account. Then it's basically "house money" that's invested.

  5. Something else that might be suggested here, except buying ADA, obviously

What say ye?

submitted by /u/BFalkmk3
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