2Wk·

Goodbye for an indefinite period.

After a long hodl and staking I threw everything out. Maybe I'll get back in at a lower point in time or leave it alone.

13.02
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Sold at €1,741.19
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15 Comments

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Don't shock me like that. At first I thought from the headline that you were withdrawing from getquin
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@DonkeyInvestor You do have feelings. I'm not going anywhere without you.
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@Koenigmidas Hand in hand into the sunset. I've always had feelings for you. But you had to marry someone else
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@DonkeyInvestor @Koenigmidas *A wild raccoon appears*
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@DividendenWaschbaer in attack mode
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@DividendenWaschbaer But you also ruin every moment
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It's one of the low points in time 🥴😂
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@Investingyoung Maybe, but given the current market situation and my personal plans, I'm pulling everything out until May.
Last year I sold Cardano at one euro because I always said: Cardano is never worth more than one euro so I'd rather buy below that. A few people laughed at me for that. And where is it now?
My hope is that I can collect another 800 to 1,000 ETH, maybe four shares, and then hold them until the bitter end. I won't be making any more savings plans on it.
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Have you thought about where to put the money? We may well see lower prices this summer ;)
I would also be interested to know how and where you staked and what your experiences were
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@Norisknofun I had my money with Nexo for a while. However, you had to hold Nexo tokens there to get a higher return. Later, I took the 2.2 % with Bison.
Unfortunately, unstaking took a few days, but that's how it's described. The money will cover my costs in March, as I'm on unpaid leave this month. The remaining amount will go towards my special repayment for this year.
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You're getting out now after eth got beat up
If it's a change of strategy okay...
But this looks a lot like a panic reaction to me.
That's how most investors lose their money
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@BarrenWaffett I had an average buy in of 182 euros. I don't see any recovery at the moment and have better things to do with the money. You can get back in quickly, maybe not at 182 euros, but you can always get in.
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@Koenigmidas okay then you have realized a decent profit but the cycle is still rather at the lower end
But hey, congratulations on your profit
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@BarrenWaffett thanks. I would like to re-enter at 1k or lower. At the moment I can't see a typical 4-year cycle. Or do you already see the bottom?
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@Koenigmidas I'm not a trader, I'm a long-term investor like you are with eth
Because I am convinced of the idea or the business model
That's why I'm surprised that you're getting out even though you could buy more at a much lower price
If you are no longer convinced then the thought is understandable
But short-term trading usually goes wrong
You know the saying; back and forth empties your pocket 😄
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