I just took profits for the first time today (tax free!) and it feels good!

Exactly one year and one day ago today, I bought my first crypto. Of course I had heard about Bitcoin and some other crypto currencies years before that, but I didn't really have that much money I could afford to lose until like one and a half years ago; and I was only finally convinced to invest myself after BTC did its first crazy rally this bull run late last year. The first coin I bought was ADA, a small-ish bag of it for slightly above $0.1 per coin. I live in Germany, and here you can sell your crypto tax free if you held it for at least a year. So to celebrate that my first bag of crypto is now tax free, I sold half the ADA I bought back then - receiving ten times as much as I paid for the full amount back then. I know it's probably not the best time to sell ADA, but I have more, wanted to take a bit of profit to celebrate my "anniversary" and I bought more over the following months, so it's not like I sold half my ADA. It feels really nice to finally take profits after what feels much longer than a year :) ! submitted by /u/mic_droo [link] [comments]