Tuesday, January 30, 2018

Revisiting that Crypto Dip 1 Week Later

Remember last week?

Refresher - I bought into these at these prices:
AION @ $4.51
ETH @ $952
SNM @ $0.301

Price right now, just over a week later?
AION - $5.15
ETH - $1165
SNM - $0.348

My 1 week profit if I sell it all now?
AION - 14.2%
ETH - 22.4%
SNM - 15.6%

My personal takeaway from this real-life exercise with real money?

Scared money don't make money.

In my opinion, these are all long term positions and I'm happy buying them extremely cheap. I can sell now and realize ridiculous profits in just a week, but I'm going to keep on holding it for now.

In fact, I'll probably still be adding some positions in the future when they dip again.

What's the worst that could happen?

Just lose all my money lor.

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