Post
Topic
Board Speculation
Re: Play smart, set exit points, take profit, re-enter
by
Kelvinid
on 08/01/2021, 21:56:10 UTC

I'm just going to say thatanyone selling now is also at a risk of buying higher if he or she plans to re-enter since BTC has been crushing the market. It briefly breached $40,000 hours ago and I don't think it'll be stopping there. Who knows if correction comes after $100,000? If it does correct, will you re-enter when the new bottom is $50K?


I never said ppl should sell now. All I say is: set exit points at some numbers and anticipate the correction (not talking about the small ones, but the big one, when the bubble bursts). Do you believe that it's gonna make it to 100K? Then set your exit points according to that. Re: me not being a Hodler, I never said I was. I get paid in crypto and do have most of my savings in crypto as well. Don't know about what's the HODLERS bible.
Yeah, it doesn't mean that people had come in crypto will be long-term investors, there are so-called short-term investors and I can't deny that I'm one of these people. In this kind of market, we can't just be a simple holder but be a smart investor and trader. We have to take advantage of every opportunity that comes and that simple, I may sell my Bitcoin or Ethereum to a higher price and never wait to the point that it drops.