I decided to lock in some profits yesterday as ADA spiked up to around 89 cents. I converted a chunk of my ADA bag into USDM and USDC when ADA was around 80 cents because it's impossible to know where the HIGH is until it's over. After ADA peaked at $3.10 back in '21 and I refused to sell a single ADA because I knew it was headed for $5 and then $10...I then watched it crash back down to less than 30 cents, so I vowed to never let that happen again. And that's why from now on, whenever I think ADA has hit a nice price plateau, I'm going to DCA some of my bag. And then when ADA dips, I'll buy. I hope I'm wrong, I hope ADA never dips below 80 cents again...but we all know it will. May Cardano outlive us all.
I decided to lock in some profits yesterday as ADA spiked up to around 89 cents. I converted a chunk of my ADA bag into USDM and USDC when ADA was around 80 cents because it's impossible to know where the HIGH is until it's over. After ADA peaked at $3.10 back in '21 and I refused to sell a single ADA because I knew it was headed for $5 and then $10...I then watched it crash back down to less than 30 cents, so I vowed to never let that happen again. And that's why from now on, whenever I think ADA has hit a nice price plateau, I'm going to DCA some of my bag. And then when ADA dips, I'll buy. I hope I'm wrong, I hope ADA never dips below 80 cents again...but we all know it will. May Cardano outlive us all.
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