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RE: 10 Reasons I Bought Bitcoin, and Why I'm Still Buying...

in LeoFinance • 3 years ago

I do have a problem with selling my BTC, or rather I will have if I ever need to.

You know I think that's part of the reason why I still work so much when I don't really need to do - I want to hold onto and add to my crypto rather than rely on it!

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3 years ago in LeoFinance by
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     3 years ago  

    What do you think about ridding the waves? Buying during the bear market and selling right at the peak 😁?

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       3 years ago  

      I don't do that as I have no idea where the peaks and dips are going to be!

      I'd rather just buy in gradually, sell out gradually.

      Like with Hive and LEO, they'll come a point when I just skim off the first week's worth of liquid earnings every month for example and not worry too much about the sell price.

      Although I'd like to see the price of Hive go up to at least 50 cents before I start doing this, it's a bit painful ATM!

      With LEO I'm still in a power up mood!

      Much less stressful.

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         3 years ago  

        Same here. Would be great to nail the exact peak and bottom 😁.

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           3 years ago  

          Actually you just reminded me, there's no need to...

          https://leofinance.io/@revisesociology/dollar-cost-averaging-almost-as-good-as-market-timing-over-a-50-year-investment-period

          Whether that applies to BTC or not I'm not sure!

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