11-27-2021, 01:54 PM
I have more invested than I'm willing to lose, at this moment
<!-- SC_OFF --><div class="md"><p>The ol' adage goes "don't invest more than your willing to lose", right? Well I did that. I invested 5% of my savings account back in 2020, and that amount, today, has turned into ~40% of my life savings. I've taken profits during rips and used the same funds to buy the dips. I don't have all of that money into coins right now but a fair amount of it in BTC/ETH with relatively low buy ins.</p> <p>The way I see it, there are quite a few options on how to proceed:</p> <ol> <li><p>Leave my funds where they are (wallets, buying power on exchanges, etc.) and just keep doing what I'm doing. I haven't been DCA'ing since about July 2021 since I have buying power waiting. </p></li> <li><p>Same as 1, but no matter what, DCA</p></li> <li><p>Take profits and stick to the original 5% invested or so? (Gains are exponential, so I don't think I wanna do this)</p></li> <li><p>Take my original investment and return it into my savings account. Then it's basically "house money" that's invested.</p></li> <li><p>Something else that might be suggested here, except buying ADA, obviously</p></li> </ol> <p>What say ye?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BFalkmk3"> /u/BFalkmk3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r34wg7/i_have_more_invested_than_im_willing_to_lose_at/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r34wg7/i_have_more_invested_than_im_willing_to_lose_at/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The ol' adage goes "don't invest more than your willing to lose", right? Well I did that. I invested 5% of my savings account back in 2020, and that amount, today, has turned into ~40% of my life savings. I've taken profits during rips and used the same funds to buy the dips. I don't have all of that money into coins right now but a fair amount of it in BTC/ETH with relatively low buy ins.</p> <p>The way I see it, there are quite a few options on how to proceed:</p> <ol> <li><p>Leave my funds where they are (wallets, buying power on exchanges, etc.) and just keep doing what I'm doing. I haven't been DCA'ing since about July 2021 since I have buying power waiting. </p></li> <li><p>Same as 1, but no matter what, DCA</p></li> <li><p>Take profits and stick to the original 5% invested or so? (Gains are exponential, so I don't think I wanna do this)</p></li> <li><p>Take my original investment and return it into my savings account. Then it's basically "house money" that's invested.</p></li> <li><p>Something else that might be suggested here, except buying ADA, obviously</p></li> </ol> <p>What say ye?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/BFalkmk3"> /u/BFalkmk3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r34wg7/i_have_more_invested_than_im_willing_to_lose_at/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r34wg7/i_have_more_invested_than_im_willing_to_lose_at/">[comments]</a></span>Kind Regards R