Topic: I've made 600k in Crypto - When to call it quits (Read 15588 times)
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Earning that sum isn't yet time to state that you will throw in the towel. Despite everything you have a great deal to do throughout everyday life and more than likely that sum isn't adequate on the off chance that you will carry on with a decent existence with your own particular family. Except if you need to carry on an exceptionally basic and calm life in suburbia.
if you can create $ 600k from the cryptocurrency world then you are very great and if you want to get out of the world of cryptocurrency right now like that it will make you unable to get more profit.
Well no it is not true I think the more you will spread your money in investment the more it will get bigger and wider so you can invest your money more than this but never sell whole amount of bitcoin as now it is not right time to sell our bitcoin but it is good time to hold the more you will hold the more your money will keep on increasing so don’t stop your journey of earning because money can never be enough as much as it use to increase the more we want. 
if you can create $ 600k from the cryptocurrency world then you are very great and if you want to get out of the world of cryptocurrency right now like that it will make you unable to get more profit.
Quitting crypto now because of the fortune that you have made can be likened to quitting to make positive impact in life. Now is another great time to invest in crypto. There are project that will change your life forever. I will advice you to take a look at "Organicco". This project will change your life, our planet, and the future generation.
You should think you future, You have the money right now but you didn't know if you have money in the future so in doing savings for your future for sure there will be a big chance of getting a good life with cryptocurrency.
It is important to call it quits and also pay all your taxes before you sell it.
how good is your tax situation that you have never taken profit in the USD?
If you are a newbie and if you have made a small forum then it is good.
You must call it quits and sell what you have and pay all your due tax.
Are you trying to imply here that you have never taken a profit to the USD.
You can diversify your portfolio and make it look good and interesting.
Well, congrats for making 600k in crypto. Not all traders are as lucky as you. But what exactly do you mean by "quit"? Exiting crypto or losing hold on those assets that you mentioned? If what you mean is exiting crypto, I suggest, take it out of your options. As long as you are doing good at it and it's beneficial to you, why would you quit? Nobody's calling you to quit, anyway! But if what you mean by that is losing hold on those assets to invest in another, well, set a target price for selling and learn to suppress your greed whenever it exceeds your target. Sell into rallies and be contented with the profit you've made.
The rain blocks have seen growth and that is something really good.
One strategy or know how to invest and stop at the right time, should trade 50% and retain 50%, we will have more harvest when investing in Bitcoin. The more developed the world is, the more money it echoes.
Wow, interesting stuff. That's quite a lot of profit there. How many years precisely did this take? It seems I'm not even anywhere as experienced as you. So, it feels weird that I should be on the advising end. But then, I will say what I would do if I were in your shoes. I think I would sell a good percentage and keep some in the system. You also see how much profit you've made over time. But one must also be careful to know where to draw the line. So, sell some, keep trading the rest. More like a win-win situation.
I am fortunate enough to make 600k from buying and trading Bitcoin and other crypto assets, and I don't know what to do with the money.
Six hundred thousand dollars is a huge amount of money in my country, that is worth hundred millions of my country’s currency and I think if I’m the one who go such an amount of money I would probably call it a quit and withdraw everything. With that $600,000 I can start a very bug business here that can bring me a lot of profits and even put me on same level with the richest people in my country. Damn, when am I going to get that kind of money ? Hmph… well all it takes is hard work.If he held his coins he probably has <$100k now at best, probably <$50k. Anyone even now telling him to hold is foolish - though hindsight is a wonderful thing.
Lol that’s true, believe me I was thinking the same thing even, cause I checked when he posted this and made a little price Bitcoin price. If he truly made $600,000 in crypto and decided to leave it in his wallet from then till now then trust he will be regretting what he did. And if he did, then that’s because he was being greedy lol. I can’t have that kind of money in my wallet and won’t be checking my wallet every seconds, every minute and hour lol.
Gambling will fuck you inside out!
He made the post in January, so i skipped to last pages to see if he sold or went down with the crash since then.
But page after page with people replying like he wrote the post recently lol. Suggestions on what to do and holding. If he held he is down about 80% ish?..
But page after page with people replying like he wrote the post recently lol. Suggestions on what to do and holding. If he held he is down about 80% ish?..
Well, if this is true, firstly, congratulations!
Secondly, looking at your portfolio have you invested purely for financial means or do you have practical belief in the projects and the use cases of their tokens?
If you are just in this for the money, cash out (I'm guessing at the time of this post your holdings have dramatically decreased already) and maybe just put it into "safe" currencies like Bitcoin, Litecoin, Ripple etc.
However if you really believe in crypto and blockchain keep reinvesting in projects you believe in! You have so much capital to do so that a) you're bound to pick a winner or two and b) you may be helping some real-world beneficial projects off the ground!
Good luck!
Secondly, looking at your portfolio have you invested purely for financial means or do you have practical belief in the projects and the use cases of their tokens?
If you are just in this for the money, cash out (I'm guessing at the time of this post your holdings have dramatically decreased already) and maybe just put it into "safe" currencies like Bitcoin, Litecoin, Ripple etc.
However if you really believe in crypto and blockchain keep reinvesting in projects you believe in! You have so much capital to do so that a) you're bound to pick a winner or two and b) you may be helping some real-world beneficial projects off the ground!
Good luck!
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