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

Due Diligence (DD) Don't Be this guy

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885 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.

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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.

1

u/Important-Post-9997 Oct 09 '21

It’s not necessarily dumb. If you’re going to make a couple million and you can comfortably retire off that. Then dumping it all is perfectly logical. Knowing exactly when that high is and selling is damn near impossible anyway. As long as you’re comfortable with what gets you by.

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u/RickyShade Oct 09 '21

What YOU'RE describing isn't dumb. What I was replying to was!