The price of each moon right now is about 40 cents. That would have been fabulous, but since crypto (dot) com listed Moons, its price actually rose all the way to 62 cents. The Japanese proverb “unagi nobori” exemplifies this well and is used to denote the sharp and sudden rise of something. Like eels having the persevering spirit to swim upstream, our Moons have soared!
I know many of you are holding on to your moons. And some of you have been explicit in stating your exit strategy - that you will only sell your moons when the price hits your preferred amount, be it $1 or $10. Having a DCA out figure in mind helps keep the mind clear and the nerves steady when everyone else seems to be reacting to sudden developments.
Recently though, I have approached selling moons from a different perspective. Instead of thinking in terms of just monetary value, I could assign the selling of my moons to a monumental experience. This experience should be so significant that selling all my moons and incurring the penalty for subsequent distribution rounds would be worth it. Something that makes an indelible memory and helps me feel proud of my hard work at shitposting.
So actually when moons hit 38 cents, I sold 20k of my stash and used the money to top up my son’s college fund. I could kick myself for not holding them to a higher price and optimising my profits, but honestly, I have no seller’s remorse. I earned about 1/4 of the targetted amount for my son’s college fund. There are worse things to complain about. Anyway, what a story it would make for my kid. “I supported you through college because I shitposted on R/cryptocurrency!” I would boast unabashedly.
Now my KM is 0.1. Need to get it to 1.0 as soon as possible!
What is your end game for Moons?
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