Quote from: Dunamisx on Today at 11:51:12 AM

Quote from: The Cryptovator on March 17, 2025, 09:14:27 PM

I have learnt a lesson: we must secure our profits during a bull run. We must have a goal about our holdings and need to set a target where we have to sell. Otherwise, like me, you may regret it later. I am holding a couple of major altcoins like Solana and Ethereum. A few days back when Trump launched his own token, SOL was pumped hard. It was nearly $300, but a couple of days ago it had dropped $117.

So the gap between the top price and the current price is a lot. That has driven me to think we should have a goal and sell when we reach our target. If I were sold in a top or near-top, then I could buy it again at a cheaper price. Also, I would have a handsome amount in profit. What do you think?

It has happened to me on several occasions whereby I place orders to $90,000 for instance and the market will be last traded at $89,950 and then from there go down trend and I will be on loss and then be regretting to why I don't set be limited for the market to confirm at that range, same way it happens sometimes that once I set a particular amount to confirm an order, the market price will confirm and still go far beyond it, all these shows that we cannot control it, same way we can't be too perfect in predicting the market, we loose and win altogether.

The crypto market is just unpredictable which is why we need to know what we are doing in the market or else we could even lose more money in the market. The crypto market is not for the lazy ones which is why you need to take profit at when due not trying to be greedy thinking price will go up more or go down more just because that's the only way you could make money in the market.
Take you profits and leave the market if you are day trader or scalper. Greed is the only way we could invest in a project that is obviously crashing and you are waiting to see the end of the game instead of you to take profits and leave the market.