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"Taking profits" from my SHIB investment and putting them into projects I actually believe in

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by COINS NEWS 162 Views

I put a bit of extra cash into SHIB a few weeks ago, long after the largest pump had already passed. I figured there may still be a bit of steam left in the hype train, and I guess I was right! Made some decent gains from it, and now that it's been trading sideways for a few days now, I decided to take out my initial investment and divvy it up between some promising tokens I had yet to get into.

In case anyone is curious, they are:

  • Tezos (XTZ)
  • The Graph (GRT)
  • ChainLink (LINK)
  • and Polygon (MATIC)

This sub tends to make a big deal about taking profits, but as long as you're okay with a taxable event, why not widen your spread? If anyone else is sitting on some shitcoin gains, I'd like to know what your plans are.

submitted by /u/ConnerWoods
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