The psychology of the 50x’er


I’m intrigued to find out about the psychology of the type of individual that buys a coin a holds it to really high multiples before selling.

For example imagine buying Solana at $5 and then holding it till it was $200+ and then selling.

The pressure to sell must be so great when you’ve made a 10x, never mind a 20x and more.

Have any of you guys achieved this and what was going through your mind during the process? Was it a matter of that you had such belief in the company that you only began to sell when it peaked and began coming down? I’m interested to know more

submitted by /u/Wakingupisdeath
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