after all this time, ive finally taken profits on cyberleek (+$20k)
first of all, i am so beyond grateful that it is still a profitable trade no matter what! even if my remaining bag goes to 0, we will still be in the green.
as easy as many people make trading look, it's really hard. really hard. it's hard to accept major wins, and it's hard to deal with defeat, with losing, with being wrong.
if it was truly easy, everyone would do it. there were so many lessons that i, we all can take from the execution of this trade. from the high conviction that it was very very undervalued, to sizing into that confidence, to holding it for so many multiples. that was perfect.
but there was a point that i had to flip the switch and secure a lot of profits. i was obsessed with "finishing" the trade and being 1000% right. i didnt need to be. 90% was okay.
and i am grateful to everyone that reached out last week and remind me over and over again to sell some, secure $, close the trade. i ignored some, told some friends to respectfully stfu, and truthfully you have to be like this, because only you are in the trade.
in my head, i believed in the narrative so much, i was delusionally optimistic. i wanted so bad to show you guys a public +1M pnl. i didnt want to give up that #1 spot on fomo haha. and most importantly, we were just having so much fun. didnt want that to end.
i think we would have had just as much fun if i sold more. that's the key lesson.
no one imo, ever really needs to explain why they sell. every trade is our money, we can do with it however we want. we have to deal with all our actions, but since the beginning ive just worn my heart on my sleeve with this one.
the main reason ive finally taken profit is because its been affecting my day to day life, my mental. i look at it, and i feel regret, anger. and if you guys know me, you know that's not me.
still have some tokens. not sure exactly what i want to do with them, but it definitely feels good to finally realize some gains from all of this. yes, could have had a lot more! but we garnered so many invaluable lessons from this.
the job's not finished.
what would confucius say?