Sold my alts. It's $BTC only from here on out.
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I held onto that garbage all the way down and this is the thanks I get from it. There was literally no way of knowing that the spike would happen after weeks and weeks of downtrend. Shitcoins: not even once.
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Obviously I could have avoided this if I had waited for the pump to sell, but for many coins the pump never comes.
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Cost dollar averaging my friend, doesn't work for stocks, but it is perfect for crypto. If you pick almost any (26/30 is my personal count) random cryptocurrencies from 8-9 months ago, they are up from where they were. So over a span of time you throw 200+$ into them each week.
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Doing so at random and not really paying close attention to where the price is(with the obv exception being never buy at ath or other similar shit), it averages out overtime to a diverse portfolio that averages to 'moon'. Then I never fret about an individual coin itself ever.
End of conversation
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