Current Events > Has anyone else made a bunch of money from Crypto?

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johnperuso
03/23/21 1:02:29 PM
#1:


I just sold all my crypto and am pretty shocked with the final results. I made over 300k from clicking buttons mindlessly while multi-tasking zoom calls for work. I didn't realize I made this much until I settled all my coins and turned it back into fiat.

Did anyone else seize this recent mania for profit? If so, what is your acquisition now focused on? If not, why have you sat on the sidelines?

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R1masher
03/23/21 1:05:20 PM
#2:


Isnt that Supermans dog?

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ROOTFayth
03/23/21 1:09:05 PM
#3:


haven't sold yet, goal is at least 8 figures, gotta stick around for a while still, looking promising though
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johnperuso
03/23/21 1:11:25 PM
#4:


ROOTFayth posted...
haven't sold yet, goal is at least 8 figures, gotta stick around for a while still, looking promising though

I had the temptation to hold longer, but I felt like I woiuld be getting too greedy and possibly risk losing my big gains so I sold. What is your perspective on potential flash crash/ panic selling?


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Drpooplol
03/23/21 1:11:29 PM
#5:


johnperuso posted...
I made over 300k from clicking buttons mindlessly while multi-tasking zoom calls for work
details?

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Eyeratosthenes
03/23/21 1:12:32 PM
#6:


Feel like I missed the boat and it is way too volatile for me to even want to attempt

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johnperuso
03/23/21 1:15:05 PM
#7:


Drpooplol posted...
details?

Basically, my job is full of long meetings with multiple sections on the agenda I'm not always an active participant in. I would just check charts while listening to the meeting and taking notes. The charts were the extent of research I did for my trading. Just bought and sold as things pumped and moved. Just a few clicks, a few times a week and then would sell off and move onto the next prospect.

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ROOTFayth
03/23/21 1:16:29 PM
#9:


johnperuso posted...
I had the temptation to hold longer, but I felt like I woiuld be getting too greedy and possibly risk losing my big gains so I sold. What is your perspective on potential flash crash/ panic selling?
well I've been in since 2013 but from what I've seen there are bull cycles and bear cycles, I think we're still somewhat early in this current bull cycle so I at least don't plan to sell any bitcoin until it hits 100k, it really depends on how much money you have that is not crypto, how life changing selling or losing it would be

I think there is going to be a big correction but I don't think we're quite there yet, at the very least history tends to repeat itself and every previous cycle we did at least 10x from previous top before the "bubble burst"

and well when it comes to altcoins I think it's a much bigger gamble than bitcoin, really hard to evaluate the expected value of those unless you personally know the team behind the projects

edit: also now that I think about it, I think the future is going to be into lending, so might never have to sell for fiat and just lend the crypto and then get loans with crypto as collateral and also interests
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