/crypto
zigor
·
a year ago
How greed punished the Dogecoin millionaire
Greed is a bad advisor, especially in the cryptocurrency market. Let's remember the story of Glauber Contessoto. At one point, he invested all his savings, $250,000 ,in Dogecoin. By May 2021, his portfolio had grown to 3 million! But Glauber decided that wasn't enough. The result: his coins are now worth only $50,000.
Conclusion: it's not worth being greedy. It's better to take profits in parts. And don't invest more in crypto than you're willing to lose.
What profit is enough for you to sell the purchased asset?
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