Part 2/6:
Be The Bush recalls a peak where his Dogecoin holdings were valued at approximately $700,000, causing considerable excitement. Initially, he had invested about $50, and as the price soared, many in his audience suggested he sell part of his holdings to recover his principal. However, he opted to hold on for a dollar, aspiring to turn his initial investment into a million-dollar windfall.
Fast forward to the present, with the price currently at 39.2 cents and reflecting on prior comments and strategies, he decided to sell off 20% of his Dogecoin holdings during a recent peak at 43 cents. This approach resembles a method of risk management where he takes some profits while still retaining a sizeable stake in his investment.