Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
lightfoot
on 22/04/2021, 14:21:31 UTC
⭐ Merited by JayJuanGee (1)
It's just so hard to take profits. I never took any profit in the last 8 years. And it's always this greedy thinking "what if I take profits and we go higher...". I bet many here are trapped in this swampy thinking as well no?

My first goal was to take profits at 40k. Then I Moved it to 50k. Then I said ok 60k for sure. And so on... Now I say ok 95k.

My recommendation is to take a bit of profit at every major pump. Not much, just a little pin money so that way if it goes down you can think "well, I have this little pile of money from when it was up, all is well" and if it goes up MOAR you don't feel like you sold the stash.