 Alright guys, what is going on welcome to another vlog today's vlog is it's titled Well, I don't actually know exactly what it's titled yet But I do believe it's gonna be something along the lines of I need to Quit cryptocurrency or I'm quitting cryptocurrency Okay Stop me. I'm all the way up So the time has come For me to completely cash out. I want to trade in all of my Cryptocurrency for Australian dollars. I want to take that Australian dollars and put it into my bank account And I want to just forget completely About the cryptocurrency space for at least a month Okay, I'm saying at least a month now Currently guys. I you know, I've been really really stuck as to what I want to do And this has been serious because you know, I have I did invest a decent amount of money into cryptocurrency I had a little bit of Success trading it didn't take long for me to realize the fact that my success was Pretty much just the same as everyone else's success. It wasn't due to my you know Extra knowledge or extra skill The times that I made money the whole entire market went up and that's the way it does go And the times that I lost money the whole entire market went down to everyone lost money You know, there have been outliers that will stay in the green when everything else is going down But that those are few and far between and if you pick those, you know, to be honest it's You know, it's so volatile a new story can can cause a coin to crash or grow exponentially and and To be honest, we have no control over the media. We have no control over other people's thoughts and opinions And to be honest The market is affected far far too much by that kind of thing for me for me to invest my money and for me to be confident You know in the investment growing into the future now personally I have invested into litecoin predominantly and that was That was a decision I made After you know hours and hours of research I decided to put all of my chickens in one basket because You know, I felt like coin was was undervalued. I really did. This was probably about a month ago now I hold 22 litecoin and just before I do anything I'm gonna press record on the screen recorder and get this shit up at the moment guys I hold my as I like going here we are exchange called coin spot It's an Australian exchange. It's the one that I used predominantly and The reason I really liked it is because I could have my litecoin on here and Basically, you know, I'd refresh this what's so one litecoin is two hundred and twenty five dollars and twenty four cents Australian at the moment at the moment US it's a hundred and seventy five ninety four and if we go into the one-minute chart We can see that it's actually it's gone up probably about two dollars in the last Five or five or ten minutes So to be honest guys, you know, it's if we zoom out to The one hour chart so each of these candlesticks is one hour. All right So basically we've got a day there another day another day another day another day So, you know, it was up two hundred and fifteen dollars and since Probably about a week ago. It's been under 200 and it hasn't been able to make it back over there And you know, if we go out even further This is this is the the overall trend at the moment. So, you know, this is This is on 18th of December We're now on the 27th of January and all that's happened is we've got lower lows and lower highs It's a lower low a lower high lower low high lower low lower high lower high And if we go in, you know a little bit further We can see lower low lower high lower low lower high lower low and to be honest guys I do not feel as if we are going to break, you know up. I feel like we're in a bear market right now I feel like I feel like If I leave it too much longer, I may Regret it and it may really crash down to You know a hundred dollars per coin. I said in a previous video if it got to a hundred and fifty per coin I still wouldn't sell well guys to be honest, you know, you know What my life is up to at the moment, you know, I need this money and I can't afford to lose it and With that being said You know, that should really make up my mind for me because One thing is for sure in cryptocurrency. You only want to invest what you can afford to lose and to be honest guys right now Right now If I sell all of my twenty two point four two nine light coin into Australian dollars, I Will receive 4924 dollars and sixty five cents That is ex that's excluding the fee. So overall, you know, I wanted to get this value up to five thousand I wanted to take five thousand dollars into my account I wanted to take it a clean flat five grand and that's pretty much what I've been waiting for to happen But as you can see over the last week If we come out a little bit The last time I purchased light coin was probably about at two hundred dollars I felt that you know, it had come down from 270 It had had a really steep Drop down to a hundred and thirty but it had popped right back up and it had made its way back over two hundred dollars and to about 215 From there guys, it's just going down to be honest It's gone, you know, low low low high lower low low high lower low lower high If it was an upwards trend, it'd be higher lows and higher highs higher lows higher highs It's it's a downward trend guys. It really is and I feel like, you know going forward Okay, I'm gonna continue monitoring it but without, you know, it's it's affected my life negatively Having my money in cryptocurrency. The fact that it's so volatile. I just cannot you know keep my Would say I can keep my emotions out of it But like I said guys, I'm thinking with my head now not my heart My heart says that light coin could still explode in 2018 But my head says that I need that five thousand dollars right now So going forward I am going to continue monitoring the market if light coin goes down from here I win if it goes up unfortunately, I lose but I'm out of this volatile as fuck cryptocurrency market and I feel good about it So with that being said with that being said this is how the chart looks over the last 12 hours We've had a higher of 181 dollars. We've had a low of 171 at the moment We're on a bit of an upward trend and we're sitting at 176 dollars and 82 cents Which equals the high that we've had over the last 12 hours now if we go out a little bit further to pretty much a day and a half We've had a higher of 183 we've come right down to here and As you can see here. We are at 176 so you know what? Geez I'd love for it to go up to 180, but it's not it's not going to today. I can tell and Like I said, we're in a we're in a downward trend. I have I I don't know I Don't know what's gonna happen. I can't predict this shit. No one can and For that reason I'm cashing out So let's do it. I refresh that once more 225 38 I'm gonna get I'm gonna try and get you know the best The best rate possible, of course, so we're at 176 85. That's It's pretty decent 225 38 God, I've been here so many times before guys. I've been right here Ready to cash out and I just haven't done it because I've thought that the thought of Losing, you know 10x on this investment if if you know if light coin went to a thousand dollars or Over the next year. I would have lost out on 40 or 50 thousand dollars It's such a hard decision 225 dollars and 45 cents sell all 4900 five dollars Confirm sell Congratulations continue. I can't believe I just did that Withdraw a UD. I want to withdraw The whole amount Yes, that's my bank account Withdraw funds Let's do it boom Thank God for that if I cashed out, baby It's all done It's all fucking done so Let's have a look at the fall. Let's have a look at light coin from I mean this is from it hit It's high on the 19th of September on the 19th of December at 366 dollars us 366 bucks From there we've come down down down down down and we're sitting at 176 So that's literally lost over 50% of its value from the all-time high Some people would say this is a great opportunity to buy some people would say Sell now before it goes down even further. I'll be interested to see or to hear what any of you guys think But you guys know my opinions now and one thing I did want to mention before I do go is That cryptocurrency has a way of really really You know Jesus if you if you taste a little bit of success early on It's so so easy to become obsessed and with obsession With something like this something that's on the computer on your phone You are glued to the screen far too much guys far too much and that's taking attention away from You know my family my friends and To be honest at work as well, you know my attention is not on what it needs to be on It's on these fucking crypto currencies And whether I've lost my investment or whether and to be honest guys after the last three or four days when I thought Yep, I'm definitely catch caching out when I haven't done it at night. I've woken up the next morning like feeling sick I'm logging in thinking fuck has it gone down has it gone down and then it's been around about 170 hundred and seventy five dollars for the last five days and you know, I'm thinking Let's just do it. It's let's get this shit off my mind and to be honest. It is off my mind. I feel better already so With that said I'm gonna get the fuck out of that get out of that get out of that and wait for my $4,900 to appear in my account I've withdrew from coin spot before so there's really no issue and Yeah, there we go so to be honest I With with the run-up that happened that I experienced in the first, you know week of January as Well as the rundown that we've had recently to be honest guys overall I would have invested close to the amount that I just withdrew You know probably a little bit less so let's say I invested all up Australian dollars four thousand five hundred in cryptocurrency. I've ridden the wave up I've ridden the wave back down and I've just withdrew four thousand nine hundred bucks. So I'm happy. I'm happy. I Haven't made any stupid mistakes. I haven't lost a huge amount of money. I never put in a huge amount of money I know how the cryptocurrency world works now. I know how to trade You know, I know what an ICO is I know how to do market analysis and to be honest You know any Any money that I may have lost through this is I'm gonna see it as an investment I haven't lost money But if I did lose money it would have been seen as an investment because I've learned so much through this last two months You know, I've only been I invested my first dollar into cryptocurrency back at the start of December and And it's nearly at the end of January and I've taken my last dollar back out So with that said guys have a great day. I'm gonna call it there I'll see you guys for another gyna recovery video very shortly If not something else in the meantime have a great day. Peace