We would all be millionaires if we had a dollar each time someone told us to HODL forever. I won’t be surprised if some people didn’t take profits just for the fear of having “Paper hands”. I can’t vouch for other communities cause I just lurk around in this sub, and you will agree with me when I say that this community scorns those who even think of taking profits.
Now, I can bet that a lot of people here regret not listening to their own intelligence and taking some sweet profits before the big red hit us all this year.
We chant “Buy the dip” everyday in this sub, hell even in the entire crypto world, but never have I heard someone say “Sell the rally”.
So here I am, giving you all a heads up for the inevitable crypto rally this year:
It is OKAY to take some PROFITS !
It is OKAY to be able to sleep at night with no regrets.
It is OKAY to miss some extra green because you didn’t want to risk it.
Honestly, everyone who has been there in the crypto market books profit every now and then, they just keep it a secret. And all the newbies fall for the trap called “HODL till death”. Just don’t do that. Hodl isn’t some holy grail you need to abide by all the time.
DCA and HODL is definitely a very smart strategy to invest in good projects, but don’t forget to get your family something nice with crypto profits.
In case you fear missing out on huge pumps, best hodl some while booking profits on a small percentage of your bag. This is a win-win situation where you minimize both risk and regrets while still HODLing.
Lastly, If you have extra money, Buy the Dip fellas!
submitted by /u/jumbeldor
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