7Mon·

Sometimes you're the dog. Sometimes you're the tree.

Today I'm the tree 🌲


Just under 3 months ago, on 14.8., I liquidated my $ADA (-0.07%) position for 30 cents / share. I wrote to you back then that now was the right time to buy:

https://getqu.in/VcbsSh/


My position was hopelessly in the red and I never really knew why I had invested in $ADA (-0.07%) in the first place. So I got rid of it.


In the last 3 months to date, the share price has almost doubled. Shit happens.


Do I regret my sale? Definitely not!


  • The price could have been much lower today
  • Hitting the peak is an impossibility
  • Crypto is even more unpredictable than the stock market
  • Even if I had held on, I would now have 300 instead of 150 euros and would still be miles away from my entry price
  • I invested in $BTC (+0.05%) at a purchase price of around 54,000 euros. That much more return $ADA (-0.07%) not have made that much more
  • I was no longer convinced of the investment
  • It felt good and liberating at the time and still does today


Have a nice stock market-free Sunday in these wild times 💋


Yours

Cashburn... uh ... crypto donkey


PS: Follow me for more investment tips 🚀

14.08
Cardano logo
Sold x529.24 at €0.30
€158.68
69.52%
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40
16 Comments

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I can understand that. It was similar for me. I must have been in the red for 12 months or more. Since it only makes up a small percentage of my portfolio anyway, I kept holding.
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@Li99 I sold it because it only had a low per mil rate in my portfolio 🤷
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Hm. So I was also in the red. Currently in the plus. I will continue to hold. I think there's still room for improvement. But as is always the case. With crypto, you rarely sell at the perfect moment.
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@MaCF if you're already back in the black, you haven't been invested long enough 😁
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The post was supposed to get a thumbs up, but got a laugh out loud because of the funny farewell. :)
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@Iwanowitsch I accept both 💋
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The rise of ADA was not foreseeable (I held it myself because I have been involved with it since 2021 and think the project itself is good), it was not to be expected, it is notorious as a zombie chain and whether the profits will be maintained is another matter
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@davidk3112 So, are you still invested?
@DonkeyInvestor Yes, but I never had a large sum, like you, and I continue to hold it as a memento of my first own wallet (my start in the crypto world). If I had a thousand or so now, you could think about taking the stake out and just letting the profit run... as long as you didn't get in on the hype...
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@davidk3112 Do you know why $ADA is going so crazy? Any news?
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This is just the beginning of the Brussels sprouts 😂🚀🚀🚀🚀 we'll meet at €1.50 😂🔮🫣
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@KoenigsRasse I wouldn't begrudge you that. But even at 1.50, that wouldn't have been a significant sum
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To mitigate your losses a little :)
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6Mon
Comment was deleted
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@Lieselge309 thank you, that's very comforting 😘
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