Long story short:
I’m 10k in the hole in Credit Card debt that I borrowed when doge was mooning. I would borrow 10k, buy doge, cash out when it went up, make a few hundo, then pay off the CC immediately. Obviously that’s a horrible Idea and now I owe that money back with horrid interest. Overall I had 30k in Crypto, including said 10k. My portfolio is now worth 11k.
Should I exit and pay off the CC @ a 20k loss, or cash out 10k from my Roth and 401k, pay off the Debt, and HODL till the market recovers, which I think it inevitably will?
Obviously only un-official advice is requested. Laugh and Joke all you’d like as well. I’m a big boy. This was a great learning experience and I’m fortunate enough to still have a nice savings/retirement plan regardless of this huge f up.