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Topic: I've made 600k in Crypto - When to call it quits - page 8. (Read 15599 times)

full member
Activity: 420
Merit: 103
get your investment out, and have fun with the rest.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
maybe you can take your profit first, at least you can get 30%-50% of the profit and let the rest stay in your account. we don't know what will happen in the crypto market and although we have a positive sign that shows the coin will increase this year, we need to wait for a time to comes and meanwhile we need money to buy something. and if I were you, I will take maybe 100k first for buying my daily needs and saving the money in my bank account and I still have another amount in my exchanges.
member
Activity: 155
Merit: 13
Arabic Translation. Pm me
Hi Guys

I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.

So, 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. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.

My portfolio currently looks like this....

43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....

I think that both XRB and PRL can double easily this year.

This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.


What would you do if you were me? When do we call it a day and give up trading?

Many thanks for your help in advance.

I appreciate the reason you do this and I am very very happy with your successes.

My opinion is that you can easily turn 100k into hundreds of Ks or in the Ms. Take out 5/6 of your profit and use it, sort your family out or go on holiday. This way it was all worth it.

Then the rest you can keep in crypto. An experienced trader like yourself should know that that 100k youve got left will nice you in the next couple months.
newbie
Activity: 159
Merit: 0
in the world of crypto if you have a lot of profit do not try to stop because if you stop then you will not get profit again ...
newbie
Activity: 281
Merit: 0
Hi Guys

I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.

So, 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. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.

My portfolio currently looks like this....

43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....

I think that both XRB and PRL can double easily this year.

This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.


What would you do if you were me? When do we call it a day and give up trading?

Many thanks for your help in advance.

   If I were you,I will continue investing in crypto while helping my siblings. We are the same in planning to help others. But don't forget to invest for yourself. Buy a real estate and put a business out of crypto.
jr. member
Activity: 216
Merit: 1
How did you do that 600k in Crypto project? I have heard about SciDex. I would like to try for it. What's your opinion?
legendary
Activity: 3010
Merit: 3724
Join the world-leading crypto sportsbook NOW!
If OP didn't cashout by Jan , i think he's portfolio is less than 100k now lol
Look at nano and PRL prices

Yes, not only his account many people who hold the coin at the time pump in December will be much higher value. Now the value of coin who are holding will went down to below more than 50% and this makes people more panic about the situation. The only choice we have is to wait until next bullish market runs again.

That's what people have been saying all the while. In a bull run, alts rise a lot higher, and a lot more against Bitcoin than their more "mature" predecessors. In a bear run, they wilt a lot quicker, and tend to lost a lot more against Bitcoin. OP seems to have indicated being a holder, in which case he should have paid attention to statistics. Holders want to have their majority in Bitcoin, and minority in all those new alts. Nano and PRL, like their peers of the time, all jumped so much due to speculation. Great for selling off for Bitcoin at their highs, and wonderful for re-buying at today's lows, in Bitcoin.

Won't pretend to know the exact science behind this so I don't put that into full practice. Am a holder by nature anyway, so Bitcoin all the way.
newbie
Activity: 110
Merit: 0
Hi

How you going now, majority of the assets you mentioned dropped by 80-90%, did you sell in Jan or you still holding your assets. If you still holding than i think you might be below 100K.

Keep posting, will be good to watch your assets and help others to learn.
full member
Activity: 336
Merit: 100
Hi Guys

I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.

So, 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. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.

My portfolio currently looks like this....

43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....

I think that both XRB and PRL can double easily this year.

This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.


What would you do if you were me? When do we call it a day and give up trading?

Many thanks for your help in advance.

You've done everything right up until now. I congratulate you! my advice to you is to withdraw only a quarter of your income, and not at the moment when the market is under the influence of bears. Wait until the bulls are in the market. There should be 2 large candles on the chart, this means that the bulls raise the price and the bullish trend.
full member
Activity: 336
Merit: 100
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Hi Guys

I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.

So, 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. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.

My portfolio currently looks like this....

43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....

I think that both XRB and PRL can double easily this year.

This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.


What would you do if you were me? When do we call it a day and give up trading?

Many thanks for your help in advance.

My advice to you, withdraw 25% of your assets in Fiat money. and keep the rest for your children. They will tell you thank you very much )))) The more you say that you are living according to their means.... Peace be with you
jr. member
Activity: 197
Merit: 1
Call it quit is what you should never sign up for, the need to invest will always arise, so keep doing what you are good at, accumulate more so you can invest in any upcoming ICO to expand the cryptoworld!
full member
Activity: 476
Merit: 100
He could still hold his coin too if he wants because if he sells right now, I don't think that he can make a good profit because every altcoin in almost all of the exchanges is dropped 30% or more. but for me, if I can see that the price could go up into the highest pricE
You should not leave investment or sell it because if you do this it will never give you big amount of profit and you will never gain your business for your future planing so you should hold your money in bitcoin and after its high price you will get profit so you shouldn't leave this currency because it will very profitable for your kids future.
Of course quitting bitcoin is not a good idea while you should save more and more bitcoin, it has high profit for you if you will buy now and store it for long term, keeping your money with you will make it get rusted but investing your money in bitcoin will soon turn it more than double of price, so don’t leave bitcoin now as it is going to be future currency for us.
full member
Activity: 420
Merit: 103
keep playing with your stash mate, you can make a million with such investment, play with it, follow some wise people advice and baaam..
full member
Activity: 1008
Merit: 101
That is a huge profit man!  Roll Eyes Roll Eyes

Its best time to take back all that you invested and keep only the profits there.. That will make you at no risk zone.
Do you even know what you’re saying at all? That he should take only the money he has invested and just leave the profit? Like seriously, do know what you’re talking about? I will advise him to even take out more than 70 to 80% of his profit and his invested money. 600k is not a small amount of money to be joking around with.

I suggest you to cash out some of your holding and not all because bitcoin investment is also business and you should not wind up your this business. You have made thousands of dollars, now you should start some regular business, because if there is something bad in bitcoin in the future you will be relaxed because of your regular business.

Bitcoin is more than a business for us, we should try to increase it more and more it will be good in future and in your present as well, if you wana spend and relax and easy life you should buy some coins right now and hold it for long time, bitcoin is being as business by a lot of people are buy at low and sell high, for being a well trained investor you will have to know all trading and investing skills so it is best time to hold it never quite crypto currency.
member
Activity: 420
Merit: 10
He could still hold his coin too if he wants because if he sells right now, I don't think that he can make a good profit because every altcoin in almost all of the exchanges is dropped 30% or more. but for me, if I can see that the price could go up into the highest pricE
You should not leave investment or sell it because if you do this it will never give you big amount of profit and you will never gain your business for your future planing so you should hold your money in bitcoin and after its high price you will get profit so you shouldn't leave this currency because it will very profitable for your kids future.
jr. member
Activity: 197
Merit: 1
He could still hold his coin too if he wants because if he sells right now, I don't think that he can make a good profit because every altcoin in almost all of the exchanges is dropped 30% or more. but for me, if I can see that the price could go up into the highest pricE
hero member
Activity: 1232
Merit: 683
Tontogether | Save Smart & Win Big
That is a huge profit man!  Roll Eyes Roll Eyes

Its best time to take back all that you invested and keep only the profits there.. That will make you at no risk zone.
Do you even know what you’re saying at all? That he should take only the money he has invested and just leave the profit? Like seriously, do know what you’re talking about? I will advise him to even take out more than 70 to 80% of his profit and his invested money. 600k is not a small amount of money to be joking around with.

I suggest you to cash out some of your holding and not all because bitcoin investment is also business and you should not wind up your this business. You have made thousands of dollars, now you should start some regular business, because if there is something bad in bitcoin in the future you will be relaxed because of your regular business.
member
Activity: 686
Merit: 10
If OP didn't cashout by Jan , i think he's portfolio is less than 100k now lol
Look at nano and PRL prices

Yes, not only his account many people who hold the coin at the time pump in December will be much higher value. Now the value of coin who are holding will went down to below more than 50% and this makes people more panic about the situation. The only choice we have is to wait until next bullish market runs again.
sr. member
Activity: 2030
Merit: 323
Toжe xoчy 600к Wink
I don’t understand what you wrote. Try to write in English so that everyone understands about your opinions. Anyhow it is great achievement and this is a big money. You can do anything with this money. I suggest you to invest some of your money in real estate because it is a growing business throughout the world and if you lost the rest of your money in crypto you can continue in real estate business.
full member
Activity: 420
Merit: 102
That sweet, sweet victory. I don't know sir if you really meant what you have said or you just want to brag your profit in our faces. Because I know for sure you know what to do. You'll be investing again and cashing more than a half of it to have a taste of a superb lifestyle.
You are very lucky that you made such a big profit from crypto investment. I think now you should buy some Altcoin because the future of Altcoin is also very bright and you can make more money from them and better to withdraw some of your money from crypto and invest in some regular business. By this you will be mentally relaxed and satisfied.
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