{ "media_type": "text", "post_content": "Have been holding ethereum for a while and it’s up at 75% currently. Do people usually sell some to get back the principal? I plan to hold long term but always get the urge to sell at least something. Need input!", "post_id": "608874b9ad124c002023567f", "reply_count": 28, "vote_count": 3, "bowl_id": "58f9471ab298570010451a0a", "bowl_name": "Everything crypto", "feed_type": "bowl" }

Have been holding ethereum for a while and it’s up at 75% currently. Do people usually sell some to get back the principal? I plan to hold long term but always get the urge to sell at least something. Need input!

like
Posting as :
works at
You are currently posting as works at

I bought in at $450. HODLING till at least $20k

likeuplifting

This is the super cycle so can go anywhere from 15k-30k

Bought in at $250 and holding till I need money for my next meal and the only thing I have is ETH

likeuplifting

Thats a solid exit strategy

Not to get too far in the weeds but it depends on your risk tolerance.
I typically take profit once the crypto hits a certain threshold. And I’ll DCA my sells. If the coin drops into “buy” opportunity then I’ll use the profits to pick some back up.
But I’m just some random guy on the internet

like

I also do this

uplifting

Bought in at $11 and HODLING till I die

like

Hold till after eip 1559.

like

Then might as well hold for layer 2 and then for the merge

I bought BTC at 11k with a measley $750.
I sold $750 worth when the price was at like 20~ something bc I was like oh 2x let me get my investment back
Now look at the 55k price…. Would have had a lot more than getting my investment. But it did help pay for Christmas presents so 🤷‍♂️

like

Waiting for it to double and taking half to save your principal (minus taxes) is a good approach. Taking some profits at 75% gain would be sensible too.

like

Sold 10% at 10x to get my initial investment back.

Pretty reasonable if you ask me.

like

It’s important to really think of your personal exit strategy. I highly recommend you meditate on it, to come up with one you’re content with.

likesmart

Everyone here knows what’s up. But we’re in a bull market- which (IMO) is harder to navigate than a bear market. BTC and ALTs will reach even higher All time highs this year, but nobody knows for sure where that peak is. Or when the bubble will burst before capitulating / dropping 70-80%. I’m long on BTC and ETH but also want to be smart money as much as possible. When that 70% drop happens- I’ll feel fairly confident that it’s a great time to buy back in with DCA.
RIght now it’s just time to buckle up and hold on- take profit on the way up if you can.
Or just Hold, walk away and come back in 4 years

like

My cost basis is $70, I sold some at $2000 to recoup initial investment + 20% (after 4 years).

like

Bought at 1700 and still holding :) and still buying more on dips

like

I was playing crypto in 2017. I went up $60k and went to +$5k in a matter of days. I would do some research around the securities you hold and be ready to defend your long term thesis, otherwise you’ll always wonder what if. As for me, I have enough in crypto that I’m okay losing

like

It only makes sense to take back your principle if you think you’d get better return on it elsewhere. Unless you see crypto as gambling. Then take it back when you can and gamble the “house money”

like

Just have a strategy and an exit strategy.

It’s ok to take out principal

🔮 For what it’s worth:
If BTC is still around $55-60k when / if ETH hits near $3k- I’ll prob swap 10% of my ETH and put it in to BTC.

It’s hit 3k. Did u swap yet?

like

Anyone sold their ETH? 👀

Additional Posts in Everything crypto

If anyone with a TS/SCI clearance is interested in applying to roles at Accenture Federal Services, please don’t hesitate to reach out! Happy to chat and refer!

like

Any NPs or PAs leave clinical medicine for consulting or tech? Are you glad you made the switch? What role did you take? How did salary translate? Changes in job satisfaction/work life balance?

like

After 3 rounds of partner stickies on a Friday night

Post Photo
likefunny

They need to ban all commercial flights from all countries or do mandatory government managed quarantine for 14 days. If we did this sooner we would be in a much better place by now.

like

Been doing this for a few years now and like my job but will forever regret not going to med school and pursuing my real passion. Sometimes wish I could drop everything and do it but def too late 🤔

like

I am currently working as a command center security, making 37k per year. I am on my first year of college learning Cybersecurity. What can I do to be able to make 100k+ per year after 2 years?

like

Is the iOS app Procreate respected in the ad industry? Aka, can I list it under ‘skills’ on my resume?

like

I am getting grade 27 for 11 years of experience with package as 25.3 in optum. Is it okay as per optum standards or at lower side ?

Profile is test automation

like

What are analytics jobs like outside of the US? Would love to relocate to somewhere in Europe but finding a job seems impossible, plus probably leading to a pay cut..

like

Are mergers or divestitures easier work?

like

NOT INVESTMENT RELATED--

Hey guys- haven't filed taxes for 2018 and when I try filing online , turbo tax defaults to 2019 taxes and theres no option to change it to 2018 - Any suggestions?

Is it easy to cross the 200k tc mark in sales engineering?

like

Any Bainees out here?
How’s the culture in the London office?

Also, in terms of bonus, how much can I expect on top of my base salary?

like

Whats a good salary range for an SC in risk and compliance with 3 YOE in NYC?

like

I’m so tired.
Being homeless and failing interviews back to back is the worst feeling.. Spent my last dollar on a boot camp that was complete rubbish. I had to beg for that money damn it! Maybe I should’ve done more research but when you’re desperate to get out of situations, you can’t really… think..clearly…. Running from one place to another for WiFi just to be interviewed while juggling anxiety is hell.. Food or no food today I will.. I must interview.

like

Anyone have thoughts on the MCIT program at UPenn (online)? Masters in Computer Information Technology - it’s described as a “CS” comparable degree for people with non-technical backgrounds

like

I’m in a pickle… so I put in my resignation notice and my firm come back with wanting to offer competitive pay or counter offer (not sure of the term).. how do you know if you should stay or go? I’ve never experienced this before

Does anyone work in Boston? Thinking of relocating my primary residence to Ptown while working in Boston.
Do share your insights or experience. Thanks.

like

Additional Posts (overall)

Anyone buying Bitcoin today? Looks like it’s setting up for a rally soon

like

Should I convert my BTC to ETH or ADA? I have a minuscule amount and I feel like it’s pointless if you don’t have a lot of Bitcoin.

like

How much do you have invested in cryptocurrencies right now?

Anyone on the Audiocoin bandwagon? Very cheap now, but hoping the music industry will utilize it like Bjork did

Hey guys. I just left KPMG, but I don't want to fall off this bowl. This feed has been the only area of FB I look at - I don't want to lose it! Any recs for staying active?

like

What's going on with POLY

like

What’s happening with XLM - I got in at .7 but regretting the position now. Any hodlers here or did everyone get out?

like

I want to start staking but don’t know how to get started. Essentially I just want to start earning interest. I have Coinbase account and I read that I need to buy tezos . Can someone tell me if I buy 5000$ Tezo do I automatically get 4.5% interest plus whatever appreciation it gets?

like

Any consultants who are genuinely passionate about blockchain and want to work on strategy projects in the space? We’re building our team, so shoot me a text if you’re interested in learning more

like

Is TRX done or does it still have some juice?

like

ETH 🚀 Casper alpha hype

like

We should start valuing in Satoshis and not BTC... ThT way people invest more and not in too many shitcoins thinking they can't have one ☝🏿 BTC. It's all perception and mentality.

likesmart

I must say Lane Greer is the fucking man. Props to you buddy

like

Post the date you bought your first coin (including what coin, price and amount on that day). Trying to get a rough sense of when some of us got into the game

like

Can I send LTC to Binance and then trade for BTC?

If Fibonacci retracement was real... then you shouldn’t be able to pick random numbers as a retracement value and have it work equally as well as Fib retracement.

like

Is Cardano the next 1000% ROI coin?

like

No Bulls these days; has anyone had a big change of heart after the last 2 months or just keeping quiet?

like

El Salvador and microstrategy might think this is around the bottom. What about you?

funny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy.

Already have an account? Log in

New to Fishbowl?

image with Fishbowl logo and arms reaching out for a handshake

Already have an account? Log in

By continuing you agree to Terms of Use and Privacy Policy.
Messaging rates may apply

For account settings, visit Fishbowl on Desktop Browser or

General

Legal