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I Sold All My Crypto At A Loss To Buy Stocks

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by COINS NEWS 44 Views

I’ve made money from crypto before, specifically from Solana, but the rest, Bitcoin, Ethereum, Fantom, XRP, and Shiba (throws up in mouth) have all made me lose money. And I genuinely held for YEARS. I had the mindset of, “If I don’t sell it then it won’t be at a loss, if I wait long enough then it will go back up.” So I held for years. I was a good boy with diamond hands instead of wet paper bag hands. Until I saw a comment that really opened my eyes. It said, “So your strategy is to buy high and never sell?”

A month ago, before selling my crypto, I decided to try my hand at buying stocks in a brokerage account. Specifically Ai stocks, like Micron and SanDisk. SanDisk is now up 72% for me and Micron is up 54% with gains of 16% today. I could only watch my stock investments go up, and crypto go down more so much before I decided to sell the crypto. At first I was like, “I’ll just wait until my crypto breaks even, then I’ll sell it and put it into stocks.” Then I realized . . . Why am I waiting for crypto to go back up while I’m literally watching my stock investments go up in front of my eye?

Anywho, figured I’d share my experience, and while this is not financial advice, I hope it will help some of you guys make money. Best of luck friends.

submitted by /u/baller4ever87
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