crookie
Well-known member
That's the dilemma, only bought fairly recently, 2022, and not huge stakes. Pretty much doubled now. Might cash out the stakes and leave the profit in. Had written the investment off as soon as I made it anyway
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[Finance] The cryptocurrency (Bitcoin etc) thread
- Thread starter Sirius76
- Start date
Knocky's Nose
Mon nez est retiré.
When the music stops there are only a few chairs left. These chairs have already been taken.
Holders will be stood there with their d*cks in their hands wondering what just happened....
(In my opinion, not financial advice, I know nothing, etc...)
ClemFandango
Active member
- Oct 2, 2023
- 165
That’s what I did in 2016, took out the initial stake when I’d made enough profit and left the rest in ever since as a pain-free speculative punt
Knocky's Nose
Mon nez est retiré.
There's a thing in crypto called "round-tripping"
Try and get out whilst it's considered at a 'high'. You'll know this time as the media will be going batshit telling you to buy it....
The media are owned by the institutions, and guess what... they don't care about you.
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I have done this. Take ack the initial stake plus a bit and you will have more than if just left in a bank and if it collapses you can accept it. Although I keep taking out profit so it will never make me loaded but a few free quid here and there.
RandyWanger
Je suis rôti de boeuf
You did well to get out at that point.
zooming out since when I got in, it's still massively up so I'm holding on.
Knocky's Nose
Mon nez est retiré.
People who bought Bitcoin at $500 and sold it all at $1500 were similarly elated.....You did well to get out at that point.
I'll say no more.