Waivio

Taking Profit

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jongolson38.4 K3 days ago3 min read

https://img.leopedia.io/DQmaYLvJZXFCsLmRE82fPnvnZwWKCzGrmMKoDm2M8KGddnT/7j7.png

....Is much easier said than done!

Let's have story time with Jongo :)

I'm a loyal dude. Sometimes, actually most times, it gets me into trouble. When my online marketing business was burning to the ground, I stayed to fight the fires. My business partners abandoned ship pretty much at the first sign of trouble, but I rode out the storm and well....Lost everything lol

I then find this blockchain, and started buying in with my very limited fiat and precious time....Years and years go buy and $HIVE has shown zero signs of life.

But while on Hive, I discovered Splinterlands and fell in love with the game and the entire community that was being built. I went hard into it, got super lucky with some card packs I bought and at one time had an account that was worth on paper, to be over a million bucks.

Around that time, I had an offer for 6 figures to sell my collection and of course....I declined.

Ended up selling my collection for about the same amount I invested into it.

The point of all this is....I'm awful when it comes to taking profits. Maybe it's being loyal to the project or business, but overall I am just never sure when to tap out and claim some wins.

It's normal to have that voice inside you that says...Don't sell, it'll go up again. I know it happens to me almost daily and has for years and years. I'm just not a good investor and I'm trying to get out of my own way.

I think I have learned my lesson!

I say that because of the big buys I've been doing into SURGE. I mentioned this in a post recently that I currently have as much in SURGE that my entire $LEO portfolio was worth around this time last month. So when I say I learned my lesson, I truly believe that's the case.

My thinking is this....I'm liquid in SURGE, and with 3000 of them in my account I can exit at anytime. Count my wins and call it a day. Because I still have a big chunk of $LEO. Pretty much whatever LEO does now is a win for me, because of my 'safe bet' in SURGE.

I think this might be Jongo maturing as an investor but let's not get ahead of ourselves here. Remember the track record lol

The point though for me personally is to try, as hard as it is, to get emotion out of the game.

When I was in business, I never wanted to let my customers or my business partners down. The only thing that went down, was my life LOL

When it came to Splinterlands and Hive, I always thought the community would look down on me if I sold....Which they kind of do with that silly KE ratio they have stuck everywhere but alas....I have lost a lot by being loyal to Hive.

Not so the case with $LEO. It's actually encouraged on the platform to take profits because....When we sell, @leostrategy kind of eats up everything on the market and stakes it for life.

So maybe it's maturing....Or maybe it's, I have no plan B for this stuff now.....I'm at the end of the options and won't lose again.

(Moar* beneficiary rewards sent to @leostrategy and @leofinance I'm also ending 5% over to @dagger212 on this post!)*

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