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<p>[QUOTE="Blasty, post: 7742592, member: 38375"]In my own opinion, money put into crypto should be your gambling money. Just like entering a casino, bring in only what you have decided to walk away without.</p><p><br /></p><p>If it were me and my coin collecting budget at stake, I'd eat my mistake and cash out what I had left. If you can do without the money and treat it as a bet and nothing else, sure, let it ride. If you do, consider giving yourself a sell price and sticking to it. Then don't beat yourself up about any missed gains (I recall a quote, "no-one ever went broke taking a profit").</p><p><br /></p><p>Grain of salt: I am biased. I won't touch crypto because no matter the spin put on it, it is nothing. Or better put, the representation of so many megawatts of valuable power consumed to produce nothing. When I first became aware of crypto (bitcoin) many years ago, I thought it was the stupidest thing I ever heard of. Had I gambled and bought just a little I'd be a multimillionaire today, but hindsight is 20/20. Some people made out fantastically. I stand by my decision because it's still the stupidest thing I ever heard of.[/QUOTE]</p><p><br /></p>
[QUOTE="Blasty, post: 7742592, member: 38375"]In my own opinion, money put into crypto should be your gambling money. Just like entering a casino, bring in only what you have decided to walk away without. If it were me and my coin collecting budget at stake, I'd eat my mistake and cash out what I had left. If you can do without the money and treat it as a bet and nothing else, sure, let it ride. If you do, consider giving yourself a sell price and sticking to it. Then don't beat yourself up about any missed gains (I recall a quote, "no-one ever went broke taking a profit"). Grain of salt: I am biased. I won't touch crypto because no matter the spin put on it, it is nothing. Or better put, the representation of so many megawatts of valuable power consumed to produce nothing. When I first became aware of crypto (bitcoin) many years ago, I thought it was the stupidest thing I ever heard of. Had I gambled and bought just a little I'd be a multimillionaire today, but hindsight is 20/20. Some people made out fantastically. I stand by my decision because it's still the stupidest thing I ever heard of.[/QUOTE]
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