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Long term hodl

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by COINS NEWS 12 Views

I bought crypto close to 2 years ago instead of investing into my retirement. I have never sold and am finally approaching the break even point. I really believe that even though I was down a substantial amount i.e. 70% this very easily could be one of my best investments long-term. My wife wants me to sell now that I am close to break even (not a chance). I am a long term investor. I do see the importance of staying diversified though. It would have been too hard on me if my entire retirement dropped 70%. There is good advice in this sub you just have to sort through a lot to realize what works for you. Don't invest more than you are comfortable losing and Hodl are the 2 that work for me. I do find it hilarious to say "buy high sell low" I've felt this way for nearly 2 years. People recommend DCA. This is good, but I invested quite a lot in relation to my overall retirement and couldn't stomach dca at the time. It's not to late though. I'm sure I'll be able to at some point. I am curious what others have been up to. Feel free to share good fortune and of course bad fortune stories. Good luck to all!

submitted by /u/Firesice
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