Are the shoeshine boys already talking about crypto?

avatar

I am in crypto since 2017 and rode the madness which happened in this year up and for the most part down 2018 and the following years.

I used the last years to buy, sold some if I had to and I am kind of happy with my position I have now ( I do not believe anyone is ever happy with their position)

There was a time in 2017 where you could buy anything and it was a disappointment if you did not double your money within a couple of weeks.
Everyone was a trader, if the trade did not work out it was a "long term investment". People were talking about crypto in bars and it was the first bubble I ever was a part of.

I got caught up in it as well as I lacked the experience to see what was happening and how markets work. I thought BTC is taking over the world now.

I told myself I will not make the same mistake again as riding sooo much of your gains down again was not a pleasant but I think a very necessary and teaching experience and it needed to be painful.

When the shoeshine boys talk stocks it was a great sell signal in 1929 and so it was 2018 for crypto as well and I decided this will be my sell signal.

The part I am working on is how you know what the shoeshiners talk about?

Google trends, youtube views and channels related to crypto, crypto twitter?

In my facebook feed I see some random people posting charts, crypto related ref links and even new crypto scams. So I feel we can hear the first whispers already but still have quite some room till the masses give out tips.

Do you have a shoeshiner exit moment? Do you even plan to exit?

Posted Using LeoFinance Beta



0
0
0.000
13 comments
avatar

When the elders in the family start asking about it you know we are almost there, I think some folks think its different this time. lol

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think the google metrics will look different as we can reach the peak sooner as more people are already aware of it.

Same with the elders they might ask more because they are interested in you and have more expsoure to it but in generel I think I agree

Posted Using LeoFinance Beta

0
0
0.000
avatar

Congratulations @flipstar.sports! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 5000 upvotes. Your next target is to reach 6000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Feedback from the January 1st Hive Power Up Day
Happy New Year - Project Activity Update
0
0
0.000
avatar

You are probably right, better becareful and take profit along the way this time

Posted Using LeoFinance Beta

0
0
0.000
avatar

I'm not a trader and maybe it is better like this. I had my shoeshiner exit moment or better said a point of it in Dec 2017 - Jan 2018 where I've sold a third of my crpyto holdings. That was a good moment at that time, as it covered my investment into crypto and also gave me some profit to invest in other assets.

Probably my next one will be, if the alt season catches up with BTC and will probably sell again a part of the holdings just to invest into something else. Of course I will try to be liquid in terms of cash as much as it gets. Having the luxury that everything that I have in crypto, has been paid off and it is now an asset that can be kept long term.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I have to admit I have lost track a bit but I am pretty sure I am freerolling with crypto or I am close to it at least.

Still "hurts" how much more it could have been as I sold over a couple of years but well...

Did you have a certain trigger point which told you ok time to sell or was it just luck?

Posted Using LeoFinance Beta

0
0
0.000
avatar

It was FOMO and I wanted to go into another investment class.

Man, I look at your lost account with that cash in it. Especially those LEO miners...but this is life, everyone loses at a certain point some value!

Posted Using LeoFinance Beta

0
0
0.000
avatar

well at least my decision to buy them out was seemingly a good / profitable one. I mean they are also still running. Flipstar got some serious leo...

The work I put into building the account is more painful though. The SM cards...

0
0
0.000