MemberJuly 8, 2021 at 4:51 pm
The “theory” of how high this can go is one thing….the “reality” is another. Everyone needs to keep that in mind.
As this continues to drag out, I’m seeing more and more postings of people talking about doing small early sells to recover their initial investment, which is fine and I probably will too. Locking in some profits and letting the rest ride makes a lot of sense.
If more of us do that though, expect a lot of whiplash at certain points on the way up. It’s going to feel like your car is slipping gears as you try to upshift. Eventually we will make it to the higher gears and it will smooth out since now a lot of people have locked in some profits and are just holding onto the rocket heading towards the moon.
This is where it is going to be the hardest fight of our lives. Diamond handing during red days is easy for us veteran apes now since we’ve had to do it so much for so long, but keeping our emotions in check while watching our account balances go brrrr with life changing numbers is something we haven’t had to experience yet. This is where we are going to have to trust our fellow apes and ourselves the most.