CRO Coin: Was Selling A Mistake?

[00:00:00]Do I have regrets? A lot of people are wondering right now, I think that were watching this channel and heard the announcement that I sold all my crypto the other day. When it comes to CRO, given that we just had some news regarding this massive partnership and this $400 million investment in crypto.com from a huge institutional player that we heard yesterday, do I have regrets about selling my CRO?

[00:00:26]We saw the price of CRO pump 25% just a week after I announced that I sold the rest of my CRO. And to put this in a context for you, it is less than probably 5% of what I held in terms of the quantity of CRO at the peak of the bull market. Not a meaningful amount at all in my mind, but some of you guys are sitting there wondering, I know it right now, does this guy, does Crypto Kip regret selling his CRO before we saw that pump, before we saw that partnership, and am I going to panic buy back in? And the answer is a flat-out no.

[00:01:09]I have zero regrets. If anything, the only regrets that I have about selling that last remaining piece of my CRO holdings is that I didn't do it sooner.

[00:01:18]Didn't do it at 10 cents, didn't do it at 15 cents. You know, didn't do it at 40 cents, obviously. Now, a lot of the selling that I did was above 20 cents.

[00:01:28]A lot of the selling was above 20 cents.

[00:01:30]A lot of the selling was, in fact, you know, above like 30 cents. Not quite selling the high, but when we had that big news story where we saw that very big pump for CRO, there was an opportunity to sell some there. I sold some there, not all of it. But what we've seen historically from CRO, time and time again, is after you get a big news story, you get a big pump that is a very short-lived pump, and then we come down. So, I saw the pump happen for CRO, 25% move to the upside the other day.

[00:01:57]Did I feel some sort of FOMO? In fact, that pump in particular is the least amount I I felt no FOMO. The opposite of FOMO. I was laughing to myself thinking, "Man, there's probably a lot of people out there that heard this news story are thinking that CRO coin is about to explode and do some sort of run for a week or a month." I told you guys in the video when that news came out, "This is going to be a very short-lived pump.

[00:02:21]Maybe you see CRO to go to 10 cents at best." However, I did not really expect that at all. The only way that could have been possible in my mind is if Bitcoin had some sort of run. Bitcoin has had a little run to 65k, but it hasn't really gone above that when CRO coin had that pump. 65k was the higher end of what Bitcoin had seen. And so, I really didn't expect unless Bitcoin went to 70 or 73 again, I didn't expect to see CRO to go to 10 cents and it didn't even get close to moving higher than that 25% pump. We had a pump on the news and we are almost right back to where we started. And that is just classic CRO price action based off of news story, especially in a bear market. Now, if we were in a bull market and crypto was going parabolic and Bitcoin was going parabolic and that news story came out for CRO, I wouldn't have been surprised to see a 2x in 24 hours like that for CRO. And maybe even a continuation or at least a sustained uh higher price after that news came out, but that is not what we're dealing with. We're not dealing with a bear market. We are dealing with a bear We're dealing not with dealing with a bull market. We're dealing with a bear market. I have zero regrets. Uh the only regrets that I might have is I yeah, I wish I guess sold more of my crypto at higher prices, but I did sell most of it at higher prices, which is something that I I'm happy to say. I'm happy that that that is something that I had the foresight to do and that has only come from being in this market for 10 years.

[00:03:44]And the fact that I've been in this market for 10 years is the same reason that I did not feel weird or bad about selling the remaining five or maybe 10% of my crypto holdings uh just to kind of really buy back these assets at lower prices because I have the utmost confidence that CRO coin is coming down below the 4 cent level, that Bitcoin is coming down below the the $50,000 level, probably down to maybe even below 40,000, at least to the lower bounds of 40,000, I believe. And so, no, zero regrets, all excitement. I'm very bullish on crypto, but this is a bear market, people, and I'm preparing for it. I have already prepared for it. I just decided, "Hey, instead of holding on to a little moon bag, forget it. I have such confidence personally that this thing's coming lower that I wanted to play it accordingly." With amount of crypto holdings that was really not substantial in my mind.

[00:04:38]So, you know, just thought I'd give that feedback because a lot of people responded to my video the other day about CRO after that news story came out saying, "Oh, dude's going to regret it.

[00:04:47]Dude's going to panic buy. He's going to buy back in at higher prices." No, no, no, no, I'm not, not at all. In fact, actually the opposite, I will be buying in at lower prices. And I'm I'm very happy with my decision, even if there was a 25% pump. Well, you could have sold it at the 25% pump. Yeah, what I coulda shoulda who cares? There's so many opportunities in crypto. Those small little things that happen like that, oh, a 25% move is yeah, that that kind of move happens all the time in crypto, especially in a bull market. And we're in a bear market, those moves are very short-lived in these bear markets, and you saw it happen exactly that way. If you look at the move, the price action that happened, and the price action that followed, it's a pump, it's back down to earth, and then if Bitcoin starts to fall again, CRO coin's coming lower, and I believe that's going to happen. I'm not a financial advisor, I'm not here to give financial advice. You got to do your own research, my friends.

[00:05:36]I'm continuing to trade this market.

[00:05:38]That is the way I'm playing the crypto game right now, and so if you want to trade as well, check out BloFin. BTCC actually has some really incredible sign-up bonuses in the description of this down below. In fact, we moved BTC to the BTC see to the pinned comment. I do like what they're doing with the platform. I've enjoyed using that a little bit. It's fun to change it up. So, check it out if you haven't done so already. That's all I got here, y'all. I'm dressed up. I'm going to a party. I stopped at a forest preserve to make this video to address some of the comments that I saw on my CRO video. And I love you all. I love the CRO fam.

[00:06:10]And I know some people are probably just upset that, you know, a crypto.com CRO coin uh you know, a content creator, which you know, I'm not really that. I'm just a crypto creator. I do a lot of CRO content.

[00:06:21]They're probably upset that I sold it all just cuz it doesn't look good and maybe other people are going to sell.

[00:06:25]It's not really how it works, okay, guys? There are bull markets, there are bear markets. We're in a bear market.

[00:06:30]We'll go into a bull market again. We're all flip bullish. We can all flip bullish. We can be excited. But, please remember, you got to do your own research, make your own choices in this market. I'll see you next time. Two videos here if you want to check them out. Later, y'all.