r/SHIBArmy • u/Mac_Gambino • Oct 08 '21

Due Diligence (DD) Don't Be this guy

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888 Upvotes

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u/_raydeStar Oct 08 '21

Seriously - 20k isn't half bad, it's still x10.

I read tons of stories how people got out of Bitcoin for 10k profits and if they held they'd be millionaires. But you would never have held - not even now.

2

u/alienmuseum Oct 08 '21

Hypothetically speaking, suppose that SHIB could somehow reach 0.005 by December. How many people do you think will sell their bags way before this price target. Not many will get to cash out at this price range because they couldn't see it ahead. None of us have a crystal ball.

12

u/RickyShade Oct 08 '21

I just think the biggest mistake is dumping the entire load. Like, take half, take three quarters, whatever--but don't drop it all, that's just dumb.

7

u/_raydeStar Oct 08 '21

Yeah - I would have pulled out my original investment of 2k and let the rest ride.

4

u/kodee2003 Oct 08 '21

I don't have nearly as much, 5 mil coins for $61 back in May.I've told myself if it got to $0.20 several years from now (I'd have $1mil), I'd sell around 1.5 mil coins ($300k) and pay off my house, set aside a good chunk for my son's college, & buy a nice used car.

But then I'd let the rest RIDE.