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🔥 Do you think we are in an uptrend right now? Is it a major wave or a minor wave, should we surf the waves or hold to die... let me share a bit of my perspective, guys.
First of all, for me, I don't believe in uptrends anymore :))) sounds a bit absurd, right? Working in crypto, investing in crypto but not believing in uptrends.
Holding to die is also something I no longer do or apply. Now, surfing the waves is the true essence (not financial advice, everyone has their own style). Saying that surfing is the true essence might not be agreed upon by many. But for me, that's the true essence.
Whether new or old investors, everyone can see the crypto market changing every day, the way it operates is also different. And of course, the concept of an uptrend where coins will rise to old peaks and create new ATHs is very difficult.
To put it bluntly, there aren't many anymore, over 90% of coins that are active won't even reach the old highs or new peaks to create new ATHs. Due to many reasons from projects, development, tokens being unlocked, etc.
Recently, I took profits; some said I caught the wave right, some said I was cowardly for taking profits too early with a big wave, some said I was just lucky. Whatever, as long as I'm in profit, it doesn't matter how we got there.
Making a profit is king, that's it. As for catching the right wave or which phase knows when to increase or decrease, that's a gamble; no one can be sure. Everything is based on predictions from data. Or based on market sentiment with various factors.
Therefore, for me, I will surf within the waves, whether it's a short or long wave, I can be flexible, knowing enough in each phase, no longer believing in uptrends. Now, I just need to be safe, make enough profit, not necessarily a lot, so I don't believe in uptrends anymore :))
First of all, for me, I don't believe in uptrends anymore :))) sounds a bit absurd, right? Working in crypto, investing in crypto but not believing in uptrends.
Holding to die is also something I no longer do or apply. Now, surfing the waves is the true essence (not financial advice, everyone has their own style). Saying that surfing is the true essence might not be agreed upon by many. But for me, that's the true essence.
Whether new or old investors, everyone can see the crypto market changing every day, the way it operates is also different. And of course, the concept of an uptrend where coins will rise to old peaks and create new ATHs is very difficult.
To put it bluntly, there aren't many anymore, over 90% of coins that are active won't even reach the old highs or new peaks to create new ATHs. Due to many reasons from projects, development, tokens being unlocked, etc.
Recently, I took profits; some said I caught the wave right, some said I was cowardly for taking profits too early with a big wave, some said I was just lucky. Whatever, as long as I'm in profit, it doesn't matter how we got there.
Making a profit is king, that's it. As for catching the right wave or which phase knows when to increase or decrease, that's a gamble; no one can be sure. Everything is based on predictions from data. Or based on market sentiment with various factors.
Therefore, for me, I will surf within the waves, whether it's a short or long wave, I can be flexible, knowing enough in each phase, no longer believing in uptrends. Now, I just need to be safe, make enough profit, not necessarily a lot, so I don't believe in uptrends anymore :))
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