I'm done with that. I lost half of my money already.

Fundamentals

I tried to increase my position in LRC by moving my money around in different coins and it just resulted in me with less money. I'm done. I'm moving everything to LRC and staying there. If I had done that since the beginning I would have two times the coins that I have right now.

tldr; don't try the market, put everything in LRC and hold

Posted Dec 14, 2021, 9:23 AM UTC

29945
ReplyAccurate•

Don’t go chasing waterfalls

134
TheKindStrangler•

Just stick to the Loops that you're used too. 🎶 🎵

40
ReplyAccurate•

Right

6
sccerwz•

Unless it’s Jason Fucking waterfall

16
ReplyAccurate•

This is true

4
ILoveDCEU_SoSueMe•

Yeah. He will chase you bad.

1
pumpplay•

my wife has a waterfall, you bet your ass i chase it.

9
YahYah87•

I’ll chase it with ya after we moon

2
Gazalaa•

Does your wife's boyfriend know your talking about her like that?

1
pumpplay•

You know it now.

1
Gone-To-The-Woods•

The good thing about waterfalls is that there is no need to chase them in the first place, you can just stroll right on up to them and once you are there, well, even if they erode very quickly, their pace of erosion is still no match for your ability to step forwards.

I guess if the waterfall in question was some kind of garden feature ‘waterfall’ that was being transported in a truck then you could chase it. But then the phrase may as well go, ‘don’t go chasing trucks’. Which is not only less poetic sounding, but may also be outright bad advice in certain situations.

3
FadedPoster•

Or catching knives

2
Nillivanillli•

Time in the market > timing the markets

31
jjpdijkstra•

LRC and Ramen 🍜 for the next year and we will be golden.

20
shubathu•

I’ve been there too. Converted some LRC to GALA and back for a swing. Failed. Don’t beat yourself up we’re all learning.

19
Cheesebro1•

I learned the same thing and lost 400 in the market yesterday. I’m an idiot. That is financial advice.

13
dystopicvida•

I'm sitting here waiting on a shib stake to be done then I'm out...100% loops

8
Shorty2forty•

I’m right there with you. 3% APY of poop is still poop. Like 50 more days of 100 million shib locked up 😥

2
spicyshit91•

You play with shitcoins, and you end up disappointed. Who would have known?😂

3
Mensite•

I made a lot on Shiba. Shit coin or not if I can make money I don’t care

3
MentalSentinel•

I mean I played the shib shit coin game and sold at the right time. Now I have way more LRC because of that gamble.

1
spicyshit91•

Thats all good. But I bet the vast majority of the “shibarmy” today bought in on the hype to late and are now sinking with the ship. Almost nobody bought and sold at the right time

1
StellaDog1969•

Sounds like a plan

7
alpine_arrow•

You didn't lose your money, you just paid for a very valuable lesson every investor must learn eventually. Now with your new found knowledge, you're set up for success.

7
Alskiessss•

I traded SOL at its high for LRC. Then traded CRO at a $400 loss. Hard to trade pairs when they all move together

6
Tditravel•

I did the same thing early on! Staying put!

4

Made the same miatake, been changing coins like a fool, already lost 500, guess i had to learn it the hard way. Plus fees will pull you down event further.

4
koskenkorvas•

Did the same thing. Went from 3000 loops to 1875 😭😭😭

4

Same thing happened to me....had 2000 lrc and now only have 500.

4
Mensite•

Ouch

1
[deleted]•

[deleted]

3
LUKEWHISTLETOOTH•

I moved my coins into LRC at and made money. I am didn't sell at the top but... I'm content here now. I definitely secured myself a good little holding block and did better than if we I was in something else

3
yMoonz•

HODL my brothaaaa

2
NefariousnessNoose•

it’s called diamond hands. It’s a thing

2
adude512•

Lol I made the same mistake when I first got in to crypto

2

Cex charges ruin it

1
onemotodroid•

Have a plan and stay with that until new data arrive.

1