Post
Topic
Board Speculation
Re: What is the secret for massive gain during a pump?
by
Falconer
on 14/09/2024, 02:13:49 UTC
-snip-
I always find a way to take profit. Don't leave all on the table. No matter how excited you become when you see those price spike translating into profit on your dashboard, don't just take screenshots; take partial profit and leave a moon bag. That's how I've been keeping at it.
Instead of taking some of the profits, why don't you take it all, I mean sell it all then?

The crypto market generally has two cycles where at one time the price will rise and at another time the price will fall. When market conditions have reached the overbuying stage, the potential for correction is greater. At times like this the most likely thing to do is sell the asset and take profit, while they can buy again during a correction. This method also allows investors to accumulate more assets, more and more if they do it over time.