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Taking Profits on (Most) CryptoCurrencies Here

Dougster

8 yrs ago · 1 min read

I've withdrawn my original investment, just so I can always laugh at TUSCLers who tell me I am going to go broke. That insures no losses on the venture no matter what. And means, as usual, I was right when the TUSCL consensus was wrong.

I've also moved have of my big profits into USD for a bit here. Letting a bit ride.

Some of the things in the crypto-currency space seem rather irrational to me right now, and I couple of people who I believe have credibility on the subject have said so as well.

Not telling anyone else what to do. That depends on your own risk tolerance, conviction, and long term plans.

Good luck to all!

Replies (8)Latest

Profile picture for ime
ime

Definitely not something to trust your retirement on ,but it is a fun ride.

Profile picture for san_jose_guy
san_jose_guy

Always like this when these scams collpase, Dougster making off with the loot:

SJG

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Dougster

Who else took profits before this morning?

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FTS

I greatly reduced my holdings over the past couple weeks. I’m happy with my 5 figure profit

Profile picture for FTS
FTS

Although if Bitcoin core devs advance their deployment of the Lightning Network, I predict Bitcoin will skyrocket.

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Dougster

@FTS: I'm with you. If Lightning Network is successful then Bitcoin is almost certain to win. I'm skeptical of it, however.

And, congratulations on your profits. Well deserved since you were the first big advocate of Bitcoin here.

Profile picture for Dougster
Dougster

Fun to watch this morning. I saw a 1000 "buy wall" on ETH get clobbered in just a few seconds. Definitely some profit taking this morning, and all the later comers in the last month or so gonna be feeling some pain today.

Profile picture for Dougster
Dougster

LOL!

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