After great crash and BNB going down I sold nearly all my CAKE coins. Anyways I love and trust this project. I think 3 digits isn't impossible for this coin. I want to invest in it but I wanna see Bitcoin s price recovering, in other words, bulls to return back.
You are wrong on here. You should sell your coin when it's already on above, not in bottom like now. Why do you need to sell when we are still cheap right now? You have multiple times chance to sell your coin when CAKE was above $40 or you just need to stake your CAKE without selling it
That is the correct approach, or you could just reinvest when it is bottom as well, at the top I do not like to sell because I do not like to sell at any price, my understanding of investment is that you have to invest money that you do not need and if you do not need it then keep it in, and only get it out if you think that you will not need more money. Don't get me wrong many people "want" more money, but having like few million dollars would mean that no matter wherever you are in the world, you are going to be able to live off that, just put it in a safe place and you are done, you can live off that money until you die.
So, why would I take out my investment until I feel like I am there? I calculated that I do not even need a million dollars, I am going to get out when it is less than that but right now I need about 100x to get there, and until that happens I am just going to keep reinvesting more and more into it.