Analysis of $ETH Trends and Sharing of Buying and Selling Techniques
Ethereum surged to 2880 today, which is just a step away from the crucial 3000 mark.
If it can firmly hold above 2770 during the next pullback, then breaking through 3000 will be a piece of cake, and who knows, it might even push all the way to 3600. Some people ask, if the price reaches the expected target, how do I take the profits out, isn’t selling the spot I hold first a bit strange? Let me explain it to everyone.
For example, if you go long with 100 Ethereum at 2712 and sell at 3660, you would have earned an extra 60 Ethereum. At this point, you can directly sell that 60 Ethereum at the price of 3660.
This way, you have pocketed your profits at a high price. The benefit of this operation is that even if the price drops later, you don’t have to panic, because even if your principal shrinks a bit, it won’t hurt you significantly.
Most of us bought Ethereum at a cost mostly between 2300 and 1400; as long as we don’t lose money on these, we are fine. Don’t compare yourself with those who only trade spot, and don’t think you have to wait until it rises to tens of thousands before selling, that’s just unrealistic.
In the face of the upcoming wild bull market, if you feel confused about trading right now and want to learn more about cryptocurrency knowledge and cutting-edge information, as long as you are proactive, I will take you to explore tenfold potential coins next. Like + comment, and I will help you reap big profits!
