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Christia Gutenson Aalg
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I lost 90% of my net worth because I was stupid and didn't take profits Trending In my first bull run, I lost 90% of my net worth because I was stupid and didn't take profits... Many can tell you when to buy, but nobody says when to sell. I spent months studying how to sell crypto at its ATH. Here's my ultimate strategy 👇🧵 Every crypto bull run tends to follow the same pattern: 99% of people either lose everything or simply leave the market at break-even. This happens because the crypto market is a prime example of human emotions at play, driven by FEAR, GREED, and our "dear" friend called FOMO. While predicting every crypto move with precision is impossible, having a solid understanding of market structure and some rules can help you secure profits and close positions at the best possible times. Today, we will delve into the following topics: 👉Market cycle model 👉When to sell BTC/ETH/altcoins/memes 👉Important rules to keep in mind How Market Cycles Work: The price of BTC, like any other asset, moves following specific patterns. This cycle repeats due to human emotions, particularly FOMO. The diagram below illustrates the emotions traders go through at different time intervals. While minor variations may occur with each token, the underlying emotions remain consistent. It's crucial to recognize when alts are starting to really skyrocketing. During a bullish phase for altcoins, you could potentially earn 100x times more than with BTC or ETH, as they have the potential to yield not just 2x but up to a 1000x return

I lost 90% of my net worth because I was stupid and didn't take profits

Trending

In my first bull run, I lost 90% of my net worth because I was stupid and didn't take profits...

Many can tell you when to buy, but nobody says when to sell.

I spent months studying how to sell crypto at its ATH.

Here's my ultimate strategy

👇🧵

Every crypto bull run tends to follow the same pattern: 99% of people either lose everything or simply leave the market at break-even.

This happens because the crypto market is a prime example of human emotions at play, driven by FEAR, GREED, and our "dear" friend called FOMO.

While predicting every crypto move with precision is impossible, having a solid understanding of market structure and some rules can help you secure profits and close positions at the best possible times.

Today, we will delve into the following topics:

👉Market cycle model

👉When to sell BTC/ETH/altcoins/memes

👉Important rules to keep in mind

How Market Cycles Work:

The price of BTC, like any other asset, moves following specific patterns.

This cycle repeats due to human emotions, particularly FOMO.

The diagram below illustrates the emotions traders go through at different time intervals.

While minor variations may occur with each token, the underlying emotions remain consistent.

It's crucial to recognize when alts are starting to really skyrocketing.

During a bullish phase for altcoins, you could potentially earn 100x times more than with BTC or ETH, as they have the potential to yield not just 2x but up to a 1000x return

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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