The Man of Tomorrow series often presented some insights from my day-to-day life, how I spend my time, and those little motivational stories that will make you more ambitious. The focus will shift towards annual reviews and similar stuff ... therefore here comes the naked truth... ain't profit until you are cashing out.
It's not profit if you check your portfolio on Coingecko and it's 30% up, because tomorrow can go 50% down. My bag of crypto went 10x up then dived 99% into the abyss. Always take some profits!
Never take anything for grated in crypto, not even stablecoins. Everything is subject to change. I won a lot of APW tokens back in the hay days of crypto, from the APWine Meme Decathlon.
Ten DeFi project united under a mega meme event, and I've won prizes from several projects. The prizes where either their native tokens or stablecoins, plus an equal amount of $APW. The issue of hay days was the same gwei, as all the action was on mainnet. Had those tokens in my wallet for nearly three years, and they suddenly pumped like crazy!
Meanwhile, APWine rebranded to Spectra... and for some unknown reason it started growing. The project was innovative back in the days, enabling staked tokens to be used in DeFi. I lost contact with the French guys from APW as the bear market turned all into lonely animals.
I decided to cash out when the APW price went past two dollars, swapping 533 tokens into 0.298 $ETH. That $22 swap fee on Metamask Swaps was high, but at least got rid of a bag. Once upon a time Felix said... don't marry your crypto! I fully understand now! Just divorced from $APW but have many "wives" left. PVM has a harem!
The APW value on swap day was $1,093, and the current value of 0.297 ETH is $1.146. Not only done a good deal selling APW after they surged 523% ... but made a good deal by swapping into ETH. Ain't profit until you cash out!
A similar story with $SHIB, which I bougth in the summer of 2022. The crypto crash happened without notice, and back then I thought that was the bottom. We had to wait two more years for the bull to come back.
I had to scroll a lot on Binance to check the transactions, and I've found what I was looking for. I spent $100 on SHIB, then staked it until all Binance Earn benefits where stopped for UK users. The stash grew by 30% anyway, as the APR on memecoins was good.
I knew that the "divorce" day has come when $SHIB went up 3x in a week. Cashed out for USDT and a 5x return of investment. Sounds great but it took two years to make profits. HODLers always win on the long term! Do you have the patience and balls of steel to hold when everything is crashing?
Same stuff on Base! It's not profit until you cash out, so whenever I received an airdrop that had a bit of value... I swapped for ETH. All the random drops I received dumped so I've done the right thing.
I sold half billion of Toby ToadGod for $21 worth of ETH, and got rid of some random ones as well. Still holding Weirdo, Boomer, BERF and others... but their value is under one dollar. Who knows what's pumping next! Go and enjoy the on-chain summer!
Maybe you will be also interested in:
The Man Of Tomorrow #8 - Kucoin Yearly Review!
The Man Of Tomorrow #9 - Three Years On Torum
The Man Of Tomorrow #10 - Farming $BTC And $LTC
The Man Of Tomorrow #11 - $PLU Bonanza
The Man Of Tomorrow #12 - Failing Goals But Sharing Wealth
The Man Of Tomorrow #13 - Helping Creators Through Access
Residual Income:
Airdrop Hunting: Layer3 / Mode / Blast / Linea
50% discount on Scroll Canvas: use code TFNWC
Content: Publish0x/ Hive / GrillApp
Play2Earn: Upland / Splinterlands / Doctor Who
Cashback Cards: Plutus Card / Crypto.com
$ZEC: PipeFlare / GlobalHive
PVM The Author - My Amazon Books
