Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

8
Patience hardly ever pays off for me
Post Body

I know there's a lot of uncertainty in global markets at the moment. Everyone is supposedly being cautious until the fed press conference later today. I've been holding Matic for a long time. Hodl'd through all the dips and pumps last year. Finally sold about 5% below it's ATH and bought back in when the price dipped. Obviously it ended up dipping a lot more than I anticipated. I ended up being dumb and selling. I still sold for a 25% profit on my initial investment. I decided I'd be patient and wait for the crash to stablize and for the fed meeting to conclude. I guess most of us are assuming that there would be a dip in the run up or immediately after the fed oress conference. Matic ended up dropping to a very good price for me but I still stayed patient and didn't buy. Now it's up over 20% in the past 2 or 3 days and now I'm stuck. If I buy back in now, I'll have less Matic than I had when I sold. If I buy back in now, I run the risk of enduring a dump if investors don't like what the fed has to say today. If I don't do anything and keep waiting, I run the risk of missing out on a rally today. It's so frustrating how quickly crypto can change. Knowing my luck, crypto is gunna dump hard if I buy in now.

Edit I didn't sell for a loss. At the same time, I wasn't gunna let £47k profit dwindle down to a loss. Ended up selling with a £13k profit. In hindsight I should've sold sooner and bought back a couple days ago when Matic hit about £0.97. Now it's at £1.20 up over 20%. I'm glad I didn't blindly hodl, if I did, I'd be down horrendously. For all of those who are confused where patience comes into all of this, I was being patient in waiting for the fed speech today. Even after Matic dropped to £0.97, I didn't buy. If I hadn't been so patient, I could've bought back around that price and be up over 20% in just a couple of days. Now I'm hoping there's a dump after the press conference today so I can buy back..It's not hard to understand if you take off your hodl goggles that are clearly making some of y'all blind and delusional.

Author
Account Strength
90%
Account Age
4 years
Verified Email
Yes
Verified Flair
No
Total Karma
3,025
Link Karma
585
Comment Karma
2,272
Profile updated: 3 days ago
Posts updated: 3 months ago
Platinum | QC: CC 58 | SHIB 17

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
3 years ago