Post
Topic
Board Trading Discussion
Re: What happened to Crypto Volatility..???
by
Dr.Bitcoin_Strange
on 23/09/2023, 20:29:00 UTC
If there is a purchase strategy, then you must also have a sales strategy, I also think with you that we have the potential to get more profit to get other high prices after the $ 100K target has been formed by Bitcoin, 1/2 or 1/3 Bitcoin You have when you reach that level you can sell it at that time, to keep your position safer, and the rest serves a higher price movement, maybe at $ 100k+ - $ 130k can be an alternative sales of more profit, as well as if it turns out before it reaches The remaining Bitcoin sales level target, you already have a profit in the first sales of $ 100K.

Well, yeah, as long as the investor has an investment strategy, they definitely should also have a good selling strategy, since during a bull market, no one can really tell what will be the all-time high. Your strategy is good, but for me, if the bull market comes now, it's obvious that it's too sudden and I will not quickly sell off; even if I do, it would not be more than 5% of my total asset. Already, if the bull market starts, my first selling target would not be

$100K; it's going to be at least around $120k or more, depending on how the price charge could be analyzed by then and whether there is a chance of going higher or not. Above all, selling one's total asset during the early phase of the bill market is not wise.