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Simple question: who gets the chop?

All Cryptocurrencies

by COINS NEWS 65 Views

I'm looking to consolidate my bags. 60% of my current holdings value is in BTC, and 25% in ETH. The simplest thing to do is just dump all the losers, but I have a significant initial investment in ADA, ALGO, DOT, LRC, MATIC, and LINK, so I want to be completely sure they are headed for the crypto graveyard or I might end up smashing myself in the mouth with a hammer if they are brought back to life. Here's the rest of the list in terms of profit/loss %:

  • DOGE (profit)
  • SOL (profit)
  • LINK (all losses from here down)
  • FLOKI
  • CKB
  • BAT
  • MATIC
  • FTM
  • ROSE
  • VET
  • ADA
  • DOT
  • ATOM
  • XTZ
  • DENT
  • LRC
  • ALGO
  • AMP
  • ELON
  • ONE

Should I just dump all the losses, or dump everything and pump back into BTC and ETH? Is there anything you think has a chance to recover significantly from here? Either way, I either hang onto them indefinitely or can claim them as losses on my taxes next year. But I'd prefer to end up filthy rich not as poor in 10 years after my divorce.

submitted by /u/Mr_Stimmers
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