MultiversX Tracker is Live!

I have my own fear and I call it FOTP - fear of taking profits

All Cryptocurrencies

by COINS NEWS 227 Views

So my biggest fear is actually taking profits. It sounds silly but bear with me.

Most of the time when I did that the price continued rising and I would start sweating, watching the charts all the time, cursing myself for selling, buying at a higher price and it kinda left an impact on me.

I was hodling in May and June 2021, without any panic, fear, fud or anything similar to that.

I was fine with all of it because in the worst case scenario I was thinking that I will just lose the money that I can afford to lose, and in the best case scenario the prices will rise again and I will earn more then I invested. I invested my money in good projects and that made me super calm about the whole situation.

But now I have a feeling that we are closer and closer to get some good gains and my fear is starting to mess with me again. I need a better exit strategy honestly, but it is so hard. I was thinking to start DCAing out bit by bit, and if the price goes down just buy it again. DCA in, DCA out, but still, I will be honest, I am terrified when it comes to selling.

submitted by /u/UnexperiencedIT
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments