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?
"The big money is not in the buying and selling, but in the waiting."
Charlie Munger