I’m riding out this sea of red, but I’m not buying either. I got into crypto mining on a small scale back in 2020, made a few purchases around the ATH, and—like many—hesitated when the dips came.
And that’s okay. You don’t always have to feel pressured to “buy the dip” if it’s not the right move for you. Crypto is still a largely speculative asset, and it’s easy to fall into the sunk cost fallacy—throwing more money in just because you already have skin in the game.
I did manage to take some profits, selling about half of my holdings at the most recent ATH—not a huge sum by some standards, but enough to pull out my initial investment. I kept that in stablecoin, waiting for a clearer picture. With these new tariffs hitting, i’m even less inclined to keep money in US exchanges. Obviously a hardware wallet or at least self-custodial is best, but I’d wager that the majority of people here are still just sitting in an exchange.
Now, sure, people will say I should be buying this dip, and they might be right. But with so much global uncertainty, I’d rather have liquidity than gamble on timing a rebound.
Remember: If you never take profits, you risk getting caught out. Your portfolio isn’t worth its last personal ATH—it’s only worth what someone is willing to buy it for when you sell.
Be smart. Even if this ends up being an amazing investment opportunity, prices can always go lower, and recoveries can take years. Don’t make emotional decisions, don’t panic sell in the red, and don’t fall for FOMO.
Crypto is a strange mistress—sometimes she’ll make you rich, sometimes she’ll ghost you. Stay sharp.
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