Post
Topic
Board Trading Discussion
Re: Bitcoin - take profits or continue to DCA?
by
pixie85
on 06/02/2023, 20:48:52 UTC
A 6x is good if you have thousands of pounds to invest , but I do not.

Be a realist. You don't have money but want to make large profit from nothing.

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I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
10x gains are not enough but you're ready to take a few % in profit? You're being chaotic in this.

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Is anyone taking profits or are most of us just DCA?

I'm all about DCA. I don't care about 10% profits when bitcoin is down 60%. For me profits worth taking start above the last all time high. I can wait.

You do what you want but we are still in a bear market. You barely made any profit and you feel like it's time to bail. I'd at least wait for 2024 halving before I make a decision.