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RE: To Climb the Mountain

in LeoFinance2 years ago

I've been thinking a lot about the next bull as well and trying to figure out how I want to handle it. I have already started to set some soft targets so that I can "skim" some gains off as you say. For example if "X" token hits $.25 I will sell off 40K of them and move those gains into something stable. The other thing that really gets me thinking is what were to happen to my crypto if something happened to me. My wife's cousin would likely be able to help her, but left on her own, she wouldn't be able to manage a hardware wallet. I'm guessing your brother would help your wife if she didn't have the knowledge herself, but I think a lot of people don't have that person and they don't have a plan. I'm trying to keep better records so it isn't such a burden for my wife if misfortune did occur.

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I should start writing down my targets and then sticking to them.

What you have described is an issue. I am confident that my brother will help out and if needs be, he can ask some people on the European side of things to help also. It is definitely still a worry though - as I want them taken care of.

For sure! I'd hate to think of all the u tapped potential if she weren't able to access it. Even if it just means liquidating everything. I've often thought I should keep better record of all my holdings across all Blockchains.