Crypto Pays for Guitar.
The candles are green everyone is delighted, it looks really good, it feels really good. I'm over the moon with the amount the Markets gone up.
However, Im taking a small bit of profit, not much, just a slice off the top. Probably about 5% of my Portfolio as its up 100%.
Why? Because the Fear and Greed index is at an all time high. Yes, this could go on for another month, yes, it could end in 5 minutes, who knows. What I do know is right now, I can take a little bit of profit.
Most who have been through the May crash will tell you they should have sold some or all when it was up. Because the worst thing is saying, I could have sold and made X amount. But if you take a little bit, it makes it that much easier to bear when the dip happens and yes it will happen. And the little bit is quick to replace itself through DCA and if the Market keeps rising.
I've taken something and bought myself that Electric Guitar I've always wanted. I can play it when the markets are Red and I need some distractions.
Do what you want. I know you will anyway but if you don't take at least a small something, you will probably regret it.
If the whole market crashes we're all F***ed anyway.
At least I'll still have my Guitar. But yes I really, really need lessons. 🤘
submitted by /u/HiCarumba
from Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/q98khh/crypto_pays_for_guitar/