Topic: I've made 600k in Crypto - When to call it quits - page 9. (Read 15599 times)
I think more likely worth less then 100k now .Maybe he didn't sell .Hopefully he sold some and bought a car are with on holiday are something
Toжe xoчy 600к 
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.
With such a massive earning you can quit if you're with plans spend your life somewhere in a peaceful manner without any disturbances. If you find yourself satisfied with the earning for a successful living, then it is good to have some plans and move for it.
It's your decision on when to call it quit. If there's a reason to.
Human desire always demands more. So if you have reached your previous target, I'd recommend you set a new one.
Human desire always demands more. So if you have reached your previous target, I'd recommend you set a new one.
So you are the PRL whale holding $250k worth PRL , well at that time I would have sold my 50-70% of earning without any doubt bcoz losing such money will give shock to you . you could earn more money with leftover investment . Now you see PRL is down too much bcoz of failure of mainnet expectations on investors , yet they are trying but I don't think situation will be normal before next 6-7 months .
So if you have only limited resources then playing with huge money is not good at all . you should invest only 10-20% of life saving in crypto .
So if you have only limited resources then playing with huge money is not good at all . you should invest only 10-20% of life saving in crypto .
In fact, you can also withdraw 30% approximately, buy yourself a joy like a car, a house, a trip. And you will still have a lot on your crypt plans. And so life goes on, you need to enjoy life
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'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.
Well, congratulations to you for achieving such goals. I personally would suggest to you to trust your guts over your peer pressure, you have already said that you have more knowledge on the market better than your friends. So, trust your guts over such opinions but if something went wrong don't regret anything. As I see it would be a long time for bitcoin to collapse and drops to zero, so strive and continue earning before such disaster happens but set a certain goal for you to feel the result what you are working hard.
If OP didn't cashout by Jan , i think he's portfolio is less than 100k now lol
Look at nano and PRL prices
Look at nano and PRL prices
he will lose his opportunity to make a big profit in January but he still has another chance to sell at the highest price. unfortunately, if he wants to sell at the highest price, he needs to wait for an unknown time because we know that from January until now, the price does not increase higher and now still getting down below than $7000. soon, after this drama, I am sure that the price will increase higher and who knows, the price can reach more than $19k again.
that is right. the best thing that op can do for now is to wait until november or december by this current year because i have a strong feeling that these month will probably the best month for the cryptos to make a good comeback just like what they did on the past years. it is also given that ber months are the best months for every year due to the fact that people do always have a lot of cash and savings by these month of the year.
@op youd better sell of and call it quits if ever you reach 600k again or more because 600k is already a good income.
If OP didn't cashout by Jan , i think he's portfolio is less than 100k now lol
Look at nano and PRL prices
Look at nano and PRL prices
he will lose his opportunity to make a big profit in January but he still has another chance to sell at the highest price. unfortunately, if he wants to sell at the highest price, he needs to wait for an unknown time because we know that from January until now, the price does not increase higher and now still getting down below than $7000. soon, after this drama, I am sure that the price will increase higher and who knows, the price can reach more than $19k again.
I think the capital you spend is still too little to buy crypto coins that have good potential. I do not recommend you to quit crypto instead I want you to continue your journey on crypto. Because I believe the more the future of crypto development more rapidly.
It is not the time for quitting because the price is very low and you can lose your money. Wait for some time till the price grow again and then sell your holding for higher price. But don’t sell all your holding. You can put some money in Altcoin because there is lot of potencail in small coins and in the future you can make more money from these coins. Selling today is I think not a good decision. 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'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.
Well, congratulations to you for achieving such goals. I personally would suggest to you to trust your guts over your peer pressure, you have already said that you have more knowledge on the market better than your friends. So, trust your guts over such opinions but if something went wrong don't regret anything. As I see it would be a long time for bitcoin to collapse and drops to zero, so strive and continue earning before such disaster happens but set a certain goal for you to feel the result what you are working hard.
I think you should buy a house immediately. You need to have a physical property which can not be suddenly disappeared in a short time. Moreover, 600k is a great amount for a people who do not own a house like you. You dont need to have a car right now but house is urgent. House is very very important to a person like you
Exactly. As you know that cryptocurrency is extremely volatile, it definitely requires a big risk, you would never know that where you will be in the future, your investing, trading may never go smoothy like what you’re getting from it. You’re better off planning for buying the things that you really need right now and also it helps you to live stably in the future such as a home, a car. Generally, as i’ve seen your post, I find you a potential person, who is smart and ambitious in life. But I hope you can be aware of what you need right now that bring benefit not only you but also your family.
I think the capital you spend is still too little to buy crypto coins that have good potential. I do not recommend you to quit crypto instead I want you to continue your journey on crypto. Because I believe the more the future of crypto development more rapidly.
If OP didn't cashout by Jan , i think he's portfolio is less than 100k now lol
Look at nano and PRL prices
Look at nano and PRL prices
You are very lucky. If I were you, I would consider buying a house and buying a car, working hard before thinking about continuing to invest.
This is huge earning for sure anyone would consider himself really lucky for earning that much, I think it is enough for you to start business specially with bitcoin, you can buy more bitcoin to store for long term so this way you can increase your money more than this, if you are thinking about quitting then I would suggest you to quit because bitcoin is only earning never leave it.
I would suggest you to sell now a 30%,while the remaining 70% use it as your usual strategies,and everytime you earned excess from your capital,collect it and sell. Until time comes,you will be noticed that your 70% said capital you sold it already,but you have the same amount of capital remained and continuosly working as your capital in crypto world.
I think you should buy a house immediately. You need to have a physical property which can not be suddenly disappeared in a short time. Moreover, 600k is a great amount for a people who do not own a house like you. You dont need to have a car right now but house is urgent. House is very very important to a person like you
Not investment advice but I would consider calling it good at 60 million. And then I'd donate at least 25 mill to ecological non-profits or to be sure, start my own. May as well do some good with the money.
Wonderful job done! Though you are a newbie in crypto but you have made 600K already. Looks suspicious for me. Anyways good luck for you buddy. Can you tell me a little about SciDex (SciCoin)? I am bit interested to know more and invest my cash there in order to earn. 
Jump to: