Originally posted by rtp
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Originally posted by skinny View Postexactly. We all saw how easy it was to make a few grand overnight practically...and now we’ve all see how easy it is to watch those profits dwindle away.
Panic sellers more than likely dumping to avoid losing too much money. Just my opinion of what might cause a downward spiral. If everyone is holding, the price shouldn’t fall too far...once all the weak hands are scared off, things will hopefully line out.
Skinny
cash management!!!!!!!
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Originally posted by Etxbuckman View PostThe price of XRP and TRX. At least what I'm seeing on Binance anyway.
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Originally posted by texansfan View Postcash management!!!!!!!
Lol. Yeah well to each his own with his cash. I call it weak hands. It will be a tax nightmare to be buying and selling constantly in this market....especially because of panic. I’m just gunna sit back and ride the roller coaster. As I’ve stated in the past, if I lose it all, which I won’t, it’ll be just play money that’s gone.
Skinny
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Originally posted by Skinny View PostLol. Yeah well to each his own with his cash. I call it weak hands. It will be a tax nightmare to be buying and selling constantly in this market....especially because of panic. I’m just gunna sit back and ride the roller coaster. As I’ve stated in the past, if I lose it all, which I won’t, it’ll be just play money that’s gone.
Skinny
Take some of those profits out of the market to sure up a long term profit.
Yes you might be up 60% today but if you don't siphon some off you could be down 40% tomorrow.
Would crazy swings at this stage of the game.
Ethereum has tripled since thanksgiving.
I hope those that were in at that time at least el take 1x out of the market and put it under their matress for safe keeping.
I've built my crypto dust into crypto crumbs hoping to turn those crumbs into a cryptobyte.
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Originally posted by texansfan View PostCash MAnagement = don't be foolish and let 100% of your profits and initial investment sit in your accounts and be subject to a market crash.
Take some of those profits out of the market to sure up a long term profit.
Yes you might be up 60% today but if you don't siphon some off you could be down 40% tomorrow.
Would crazy swings at this stage of the game.
Ethereum has tripled since thanksgiving.
I hope those that were in at that time at least el take 1x out of the market and put it under their matress for safe keeping.
I've built my crypto dust into crypto crumbs hoping to turn those crumbs into a cryptobyte.
I understand. And I’m learning all this daily. So yes, I plan on taking out some profits. But not today! Lol
Skinny
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Originally posted by Skinny View PostI understand. And I’m learning all this daily. So yes, I plan on taking out some profits. But not today! Lol
Skinny
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Originally posted by Skinny View PostI understand. And I’m learning all this daily. So yes, I plan on taking out some profits. But not today! Lol
Skinny
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