u/evandollardon

I'm in XRP since 2022 so I'm still green overall, but watching it drop from $3+ down to $1.36 has been.. bad. Took some profits last summer near the top. I'm still sitting on a decent bag tho and selling at these levels feels dumb. What I've been doing instead is borrowing against my holdings through different platforms(coinbase, nехо) so I can spend some without selling XRP. If I still think XRP recovers from here, then liquidating at a 40% drawdown just to have liquidity makes zero sense. Do you think that we can get to $10? Or is it time to stop the hopium and just sell

I was browsing earlier and found this article from a source I hadn't seen before, ranking what they call the top 12 staking platforms for May. The list is margex, kraken, babylon labs, crypto com, nexo, kucoin, binance, ankr, rocket pool, stakely, coinbase, and lido. Some of these I recognize, but a few are names I've never really looked into. Hard to tell how much of the ordering is actual opinion and how much is affiliate ads.

I've been on Coinbase for some of my staking because it was already there when I started buying, then looked into Lido for ETH at one point, and Rocket Pool too. Ended up with some stuff on Nexo since I was already using it

Babylon Labs and Stakely are new names to me. Margex, I've seen around, but mostly as a trading platform. Is anyone using multiple platforms, or do most people just stick with whatever exchange they're already on, cause I'm thinking about trying some other platforms

I've almost walked away three times - sat there thinking about cashing out everything and putting it in an index fund and never looking at a chart again.
First time was during a big drawdown. Watched my portfolio drop  70% over a few months and every day felt worse than the one before. I didn't quit because I was too stubborn to sell at the bottom but it wasn't strategy, it was pride.
Second time was during the flat period after that. Nothing was moving. Months of sideways. Everyone I knew in crypto had already gone quiet. The group chats were dead. That one was worse than the crash, because at least a crash feels like something is happening. Sideways just felt like wasting time.
The third time was when I needed money for something and almost sold a big chunk of my ETH for it. That was the closest I came. What actually stopped me was finding out I could just borrow against it rather than sell. Took a loan on nехо, handled what I needed to handle, and kept my position. If that option didn't exist, I probably would have sold, and knowing myself, I would have never bought back in.
Every time I almost quit, it was never because I stopped believing in the tech or the thesis. It was always emotional. Exhaustion, boredom, life pressure. The fundamentals never changed; my ability to handle the mental side almost broke.