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that’s a huge profit! You made 50% of the amount invested. It's a significant return on investment. I have stopped investing in crypto since I have limited time to analyse the market technically.
Cryptocurrency
- Thread starter cpvr
- Start date
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I did too, but I saw money, so I followed the money.
I just got greedy and didn't sell at the peaks. Next peak, I will. Looks like the 1 that I'm in broke its downtrend and could come back up to 1-1.5 ETH (0.06 buy) again, so I'm prepared to offload anywhere there.
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I can understand that very well because my kid brother is in a similar situation with some of the shit coins he invested in. He's waiting for the right time to offload them once they peak.
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I did this, but on a massive scale of like 200 coins. All failed when you compare the amount of BTC/ETH put into them and where they're at now compared to the shit coins. 😭
Ironically, since my last post on NFTs, the best-performing one 2xed between then and now. I'm sure they'll hit 1 ETH+ again, and I'll hop out.
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I hope it goes well in your favour so that you can exit and have something recovered.
I nearly fell into this NFTs trap but I was able to dodge the bullet. It was the smartest cryptocurrency decision I ever took.
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I will never recover from what I did as I had 200 ETH to do that with. My goal was just for 1 to hit and I'd 10000x.
I'll probably walk with mid-5 figure/low 6-figure at best.
If my stake in GameStop and AMC pays off, I'll put 6 figures in crypto and just forget about it this time.