๐จ Why I Sold 50% of My Bitcoins ๐๐
Crypto Community, a crucial update on my Bitcoin strategy! Today marks the debut of the ETF trading day, coinciding with Bitcoin encountering a formidable Resistance Cluster. ๐๐น Here's a breakdown of my rationale behind this move and what lies ahead:
๐ผ Portfolio Optimization:
Today, I made a strategic move by selling 50% of my Bitcoins.The rapid ascent to this Resistance Cluster, coupled with the second consecutive TD-9 Weekly Sell, raises caution flags.In January 2023, my $BTC investment was substantial, and now, with a 3x increase on spot, I've secured a remarkable +200% gain in just one year.
๐ฐ Profits Secured:
Despite the potential for Bitcoin to surge further, I've decided to lock in profits.If Bitcoin continues its ascent, I still retain 50% of my spot holdings (free coins).In the event of a Bitcoin downturn, I remain unfazed. I've already recouped my initial investment and pocketed a +50% profit.
๐ Future Investment Play:
The decision to reallocate funds is driven by the anticipation of potential altcoin outperformance.The profits gained can now be strategically reinvested in promising altcoins that may surpass Bitcoin's growth.
๐ก The Bigger Picture:
This move is not about fearing Bitcoin's potential for further gains but a calculated strategy to diversify and maximize returns.Remaining agile in the ever-evolving crypto landscape is key to sustained success.
๐ Forward Momentum:
Even if Bitcoin skyrockets, my diversified portfolio remains well-positioned.Future gains from altcoins may outshine Bitcoin's trajectory.
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