Get out in time

Chris · 2026-01-31T18:33:08.519103Z

At $ETH after the intended base formation at 2900$ did not hold.

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long is mega risky with crypto. Unfortunately, I'm in bitcoin and eth myself and started out of ignorance a year ago. No performance so far. In fact, every share in the portfolio performed even better. Could it be that the crypto market is fundamentally no longer interesting? Why do you invest there? Well, at that time I was out of ignorance and read too much about the coins will rise enormously. I don't really understand the crypto market, but I'm not yet closing my positions at a high loss.

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Chris@Multibagger

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@Panda0404 you just have to set fixed exit prices.

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Leon@Investingyoung

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@Panda0404 that's where the mistake lies, you buy when the hype is real and everyone is celebrating it, my best buys were after the FTX crash when NO ONE wanted to hear anything more about crypto. Then the prices are good and you just have to have a long breath and you will be rewarded with $BTC

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Der P.@Panda0404

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@Investingyoung Yes, as I said, I have hardly any knowledge of crypto and find it difficult to assess. I don't even know whether crypto is just hype or whether it has a future. So would you use the current dip to buy?

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Leon@Investingyoung

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@Panda0404 no statement, you have to know yourself, you have to be aware that volatility is normal and staying power is important

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Der P.@Panda0404

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@Investingyoung ok yes, but thanks for your input. You always learn something new. Buy the dip has worked so far. Let's take a look. :-) Have a nice WE!

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BarrenWaffett@BarrenWaffett

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@Panda0404 You should be convinced of the matter from the beginning, then you will be happy about favorable entries
If you say you only went along with the hype, that was already the first mistake
Always invest out of understanding and conviction. If you see future potential in crypto, now would probably be a good time to buy

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