Lesson From My Dad
my dad gave me a Priceless lesson some time ago see I remember buying this crypto token it was some years ago I put like 2,000 bucks in and one day I remember riding next to him on the tractor doing some stuff you know Dad son stuff whatever he’s old school farmer Carpenter no kind of BS guy right and I told him hey Dad I made $10,000 on this cryptocoin today and he said well did you sell I said well no it might still go up then he replied then son you haven’t made and I’d ended up not making because I round tripped that bag this is a straight inyou face reminder that you have not made any money until you click on the sell button so remember you need to hit the sell button at some point if you want to realize those profits or the Market’s going to take them right back away from you
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24 Comments
Are you suggesting it's time to sell? I always love you reminding us to sell….I wish I had listened my first time around. I'm thinking it's a little early yet, this round.
Priceless advice
You haven't LOST any money til you hit the sell button either! 😉
Tell that 🐂💩 to Michael Taylor…😮
That's like saying a house is WORTHLESS until you sell it…😮
There are lots of ways to extract VALUE from an asset without you ever selling it…🤔
But, one thing is for certain once you give up OWNERSHIP of an asset, its forever WORTHLESS TO YOU… 🎤💣💥💨👀🤷🏿♂️💯
Take tour profits or the market will take them for you
Very wise dad 👏
😂 Hilarious… and true
Great short clip 🤝dad knows 💯
And your dad just give us a nice solid advice god bless him 😂❤
AND paid your capital gains taxes 😢
👏👏👏👏✨😘🇬🇧🤜🤛
Wisdom❤
Way back in the late 80's had a similar conversation with my accounting teacher who was bragging about her stock market gains in front of the class. Almost word for word. I asked her "did you sell it yet?" She said "No I'll make some more gains yet." I said "So you haven't really made anything yet." That old lady hated me from that day forward and caused a lot of trouble, failing me in accounting.
Then the massive 1987 October stock market crash happened and she lost her shirt. Karma.
I remember you telling us that one in 2020 😅. Still, it's very good advice 👍 😊
He should have told you to stop buying sh* coins.
Wise dad! “Round trip that Bag” or Don’t round trip your bags is my favorite saying! 😊
i try tell myself this everyday
😂 great story
You make currency from selling crypto. You only get money if you buy Bitcoin
Great lesson I think everyone should learn but unfortunately we normally learn it the hard way 😂
Trueeeeeeee
Also you do not lose any money id you don't sell. Same principle. Only you have two options sell for profit to usdt or sell for profit to gain more btc and sell for losing if you sell when price is down from your initial investment
Impermanent gain or loss is the food of the wise man, and the liquor of the fool.
"You haven't made shit". Priceless indeed