Post
Topic
Board Altcoin Discussion
Re: Choosing the right time for profit
by
RockCryptoWorld
on 11/09/2021, 07:01:05 UTC
The profit taking between traders and investors is different, but in principle it must have the price target. Before we buy/sell in the market, we must have a careful plan so that we can stay in the market for a long time.
The market is very dynamic. No one in this world can accurately predict the direction of the market. If you are absolutely sure of the prospects of the portfolio you hold, then I don’t recommend selling everything. If you are not sure, it is best to take all profits and mix in a new portfolio that is still promising. The market will always go through a "bearish-sideways-bullish" cycle, so we need to learn to take profit/stop loss.
Well yeah I tried to predict the movement on the market and invested in SDAO (Singularity DAO) and I completely agree that your target means a lot
You invest in the project expecting some profit and if we're talking about long term projects you can only say that the product can be very hyped in 3 month or in a year or even two and you see that the team is really great but one day bitcoin can boost you up, the other let you down
I'm included to believe that BTC will go up
Hopefully bullish trend for BTC