Post
Topic
Board Trading Discussion
Re: Bitcoin - take profits or continue to DCA?
by
Rengga Jati
on 02/02/2023, 20:26:06 UTC
I decided to sell and put the profits into other altcoins I believe will see greater gains in the next bull run.
.........
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
I am not sure if the altcoins that you are investing in right now will be reaching a higher price in the next bullrun again or not. From my previous experience, not all top altcoins will continue to rise up and reach or pass the previous ATH although they are the top coins. For, many new coins will be rising up with recent classification and hype. But, if this has been your choice, it is up to you. You may be ready for the risks that you will face. And it is good to still have that least, 0.05BTC.

Is anyone taking profits or are most of us just DCA?
If I were you, because I have sold and taken profits of around 0.02, I think it is enough to take profits and continue doing DCA in Bitcoin. For, this current bearish ear still provides me a low price. This will be much better to invest again in Bitcoin, as long as we have the target at least until the next bullrun, this will be much more profitable.

But once more, you are the one who has the right to do the most appropriate thing. You can consider the plus and minus of your decision by your own awareness.