but the whole ‘diamond hands’ idea that you should never sell your coins no matter what is a way to turn you into exit liquidity.”

When social-media influencers who were only lightly involved in crypto start launching projects, it’s time to sell. Their audience is your exit liquidity. And if you weren’t already invested in some area before the influencers started shilling it, you’d be an idiot to buy in. Otherwise, you’re the exit liquidity.

Crypto has this speculative, casino-like underbelly to it, but the technology making that possible has some fantastic uses. Bitcoin is slowly but successfully establishing itself as a store of value akin to digital gold. Ethereum is powering an increasing number of decentralized applications. Stablecoins are clearly the first major one, but many mo

if you own something but you wouldn’t buy it for what it’s worth today, then you should sell it.

I was starting to understand why I’d seen people on Twitter say you couldn’t do crypto part time. You either hold Bitcoin and Ether and don’t touch it, or you fully dive into the mania. Doing it halfway is how to lose money.

You never buy or sell the exact right amount at the exact right time. No matter how well you do, you can always imagine doing better.

But how long was I willing to live in this exhausting online world trying to get rich from it? Aside from Sutton’s birth and moving, most of my memories since January took place behind a screen.

There’s a phrase in investing: “Buy the rumor, sell the news.”

I was still completely consumed by imaginary money, video-game tokens, and pseudonymous people spying on my financial activities.