Entechnologue World 🌎 💰
February 26, 2025 at 07:24 PM
Should You Sell To Buy Back Lower ?
I know, maybe in your mind, you're thinking that if you had sold your coins, you would have been much better off
Since you could have bought at lower prices
But let me tell you why this is a mistake
Let's take a simple example:
Let's say you're just starting out in crypto, and if your altcoins reach your target, you can buy three properties
Now, what you're exactly thinking is, I'm going to sell my altcoins and buy back lower
In theory, what you're doing is risking to buy those three properties just because you might be able to buy one more if your plan works out
This is an extremely greedy move that can cost you a lot if you make a mistake
This is the same risk people are thinking of taking right now in crypto
If you're in a coin that has 50x potential, it's pointless to sell and try to buy back lower
Because what if you get it wrong and miss out?
It's so easy to judge after a move happens
So many people right now are saying, "Oh, I wish I sold"
But you should always think about the least risky move with the highest potential.
You're not here to predict every short-term move.
You're here to make one right move that can make you the most money
Even if I knew the dips were coming, honestly, I would never sell any of my coins.
Risking life-changing gains just because you want to be right or make a bit more money makes absolutely no sense
The pain of missing out is much larger than being temporarily down
Always remember that
Also, ask yourself one simple question:
Would you rather be the person who makes the majority of the money but always thinks about how much more they could have made if they sold and bought back lower?
Or...
Would you be the person who sold, never bought back, and missed a 50x ?
That's what you need to think about
Make 50x and regret a little, or make nothing and regret it for your whole life?
Choose your "PAIN."
Enjoy,
Cryptogit
❤️
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