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RE: Back to the Grind.

in LeoFinance2 years ago

My goal continues to be living off of crypto. I have targets set where I will sell a portion into USD and projects to stake long term at certain price points. This sounded good on paper. I only took a tiny bit of profits out, and my sell targets were too high which means I just watched it go up, and then back down again. This really hammers in the importance of dollar cost averaging.

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DCA is definitely the go.

My big thing has been selling to cover my fiat expenses. I didn't have enough built up so the income alone could support us. Selling assets each week, instead of just income, while prices have slid the whole time, has really crunched a big portion of my base.

Never mind, originally I was not thinking of leaving work this cycle, so it is time to try and set things up better for 2 or 3 years from now.

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My goal has always been next run to have enough stacked up to be in the clear. Of course, had I played everything better this time round I would be a bit closer. Working on being better at the DCA game. As that improves, so will my odds of making it out of the grind next time we see ATH's.

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