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RE: Bitcoin Hodling Challenge - Breaking my own rules (+2500$ added)

in LeoFinance4 years ago

I'm perfectly OK being underwater for a while

This is the right mindset for long term Hodling and guaranteed gains in a still undervalued crypto market.
You pretty much can't lose, yet. Unless Bitcoin crashes for good. Which I don't think will happen in the near future.

How do you deal with the anxiety of wanting to trade or sell partially at peaks and take some profit?, if you even have that anxiety. Well, I guess trading with the borrowed funds probably takes care of those needs.

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I control anxiety trading with a lesser amount of funds.

Anxiety is one of those indicators that you're overleveraged. My mind with this BTC/ETH/BNB scheme isn't in the 'take profit' phase (yet), it's in the 'let's scoop as much as I can).

Remember that 0,1% that I'm receiving daily is being received automatically in BNB+ETH, and then is reinvested, making the next 0,1% payout higher.

Overall is a very big compounding machine. With a bit of patience it starts to scale like mad (and eventually will make my weekly purchases feel small).

Anxiety is one of those indicators that you're overleveraged.

Good point. I'm also still at that 'get as much as I can phase', whenever I have profit I either reinvest, or move it to another project I'm also interested in. Haven't pulled anything out of crypto yet since I started.

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