Trading Secrets: 🚨🚨When to hold and when to sell👇👇
Before buying any crypto, decide how much profit would feel like "enough". For example, if you buy at $1, consider selling some at $2 to lock in a profit, while still holding some if you believe in long-term growth.
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• Selling enough to recoup your initial investment can reduce stress. You'll have secured your initial funds, leaving the rest as pure profit potential. 👀 Keep an eye on market sentiment.💦 If a sudden downturn breaks key price levels, consider placing a stop-loss order about 10-20% below the current price to limit losses. Remember: Knowing when to sell is just as important as knowing when to buy.
🤔Selling at a loss is okay, it's not okay to marry your pockets and decide to hold a coin while it drops 99% while waiting for a recovery💥👉 Don't panic over small dips if you believe in the future of the project. Over time, you can adjust these profit targets and stop-loss levels based on experience and risk tolerance.
🚨 Plan your exits in advance. This will help you avoid emotional decisions and improve your long-term results.🎁Buy Bitcoin and Ethereum, Sol, LINK, etc. This way you play it safe and almost guarantee yourself some profits in the future.
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