Thread 60729487

>buy shitcoin
>it does a solid 2x
>i don't take profit
>it goes back down to what i initially bought it for and stays there
what the fuck is wrong with me? this has happened so many times, whether it be a 2x or a 5x, i never take profit. am i just allergic to wealth? i tend to more often than not pick good coins, but am fucking horrible with taking profit.

>>60729487 (OP)
what they don't tell you is that selling is the hard part. valuation is speculative. and often the reasons for buying a thing and the same for expecting it to go higher. if you have discipline, you could either take out your principal by selling 50% after a 2X or deciding before buying at what price you'll sell and scale out. what you got to realize is that this shit here is anti-human. the ability to take profits is what separates pros from retail and those guys are machines.

>>60729487 (OP)
You speaking about those vine losers that got rekt today?

>>60729487 (OP)
>am i just allergic to wealth?
the question of when is enough, enough? if you lack conviction, then you won't go in with size so that when it appreciates the gain, albeit impressive, won't amount to a life changing amount of money - just a stepping stone. but that presents its own problems as you still need to find yet another opportunity worthy of conviction as required by the demands of weathering volatility with a large position. do you have a number in mind? do you understand why bitcoin is going to 10mm minimum within ten years (likely less than five)?

>>60729487 (OP)
>on a more positive note, it will probably do a x2 again