#1000sats
《After Profits--Reduce Positions or Hold》
Today, after a brief correction, Bitcoin is now fluctuating around 64,000. Some high-quality currencies are also rising again, and 1000sats, which have already opened the rising channel, need to make a choice.
We entered the market with a replenishment position at around 0.0003870 for 1000sats. The lowest point in the past two days is 0.0003848. We have made some small profits since entering the market, and now we need to make a choice.
Whether to choose to reduce positions with profits or continue to hold for greater profits, Taco gives a suggestion to friends with heavy positions. Reduce positions appropriately to prevent profit retracement from affecting mentality. There are pros and cons to such operations.
The advantage is that if there is a correction, the same funds will get more chips. The disadvantage is that if there is an increase, there will be no greater profit after reducing positions. At present, Bitcoin has re-broken through the hourly Bollinger middle track. If it can stand firm, there will be another wave of breakthroughs. If it cannot stand firm, it may face a correction.
Keep following Taco. No matter what choice you make, it is a question of how much you earn. This time, Taco will not make a decision for you. You can make your own decision as long as you do not clear the position, reduce the position or continue to hold.