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a friend of mine was holding ETH since $4000 and refused to sell at $2000 (even though he needed the money) because it looked super cheap.
sure, if you compare it to your entry price, it is β but if you compare it to the actual contextβ¦is it?
it's hard to sell after holding through a downtrend, but if you don't detach emotionally from your bags, you're gonna have a bad time.
after all, it's just numbers β you're not losing $2000 at this point, you're protecting yourself from a bigger loss.
honestly, the best move every time you get paid for your onchain activities is to stable a big chunk of it, depending on how much you need that money in the short term.
i'd be having a really bad time if i hadn't stabled most of my earnings from the last mint.
but since i knew i'd be traveling again and would need the money, i pulled the trigger, and now iβm chilling (not super happy with these prices, but at least not stressed). 5 replies
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