99% of the people don't know when to sell in crypto.
They simply buy a coin and don't even know when to book profits. Result? They regret for not selling and get demotivated.
In this post, I have talked about profit booking strategies that can help you in this bull run: First up - why is having a take profit strategy so important?
Well, in the fast-moving crypto markets, massive gains can appear then disappear quicker than you can blink. You've gotta lock in returns through occasional profit-taking or risk watching your portfolio get wrecked.
Remember how Bitcoin swiftly moved from 60-70K to 100K, cutting through resistance in just a matter of weeks?
ETH could follow the same script. The price might be pushed up a couple of levels so fast you won’t even have time to react. All it takes is a break of this level, and one of the main underperformers of this cycle could become the star of financial headlines worldwide.
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Many people out there don't even know what a real Altseason looks like. But they will soon find out.
Don't forget that the steeper a parabolic curve gets, the crazier it gets. And I mean really crazy. So far, it's a phenomenon that we've only seen every four years.
I hope you've all made good gains with sniper entries over short time periods.
Now that you've made profits, consider booking them and waiting for my next calls. This way, you'll capitalize on your portfolios.
If you're an experienced investor/ trader who knows how the game works, you can focus on seizing dip opportunities on my tickers/Coins.
However, your aim should still be to make X-times gains.
This strategy is ideal for investors who have the capital to take advantage of numerous opportunities.
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Your portfolio going down is not a loss. The real loss is when you receive an email saying, "Your Account Has Been Liquidated."
Crashes in the crypto market are part of its natural cycle, and volatility, i.e. sudden pumps and dumps, are the nature of this market.
Remember, every successful investor knows that market ups and downs are opportunities to learn, adjust, and grow. Patience and a long-term perspective are the keys to overcoming these challenges. Never let temporary setbacks overwhelm your self-confidence!
*Stay strong Always Invest your extra money in crypto*
$ETH /$BTC has touched a trend line that has been in place for 9 YEARS.
In addition, Altcoins are at the lower end of a descending broadening wedge. If you've been following me for a while, then you know that this is one of my favourite setups.
This was a reason I always recommend spot and low leverage trading, and manage your risk because of high volatility. I feel the pain, but if you're expecting to get rich quick this game is not for you, tough words but I have to say them. Now dont get shaken out by this.
Now, dominance being rejected at horizontal line, funding almost reset and most altcoins forming their lower highs which could make the next leg up the only logical outcome
Your portfolio going down is not a loss. The real loss is when you receive an email saying, "Your Account Has Been Liquidated."
Crashes in the crypto market are part of its natural cycle, and volatility, i.e. sudden pumps and dumps, are the nature of this market.
Remember, every successful investor knows that market ups and downs are opportunities to learn, adjust, and grow. Patience and a long-term perspective are the keys to overcoming these challenges. Never let temporary setbacks overwhelm your self-confidence!
*Stay strong Always Invest your extra money in crypto*