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A definitive guide to selling at the next all-time high

All Cryptocurrencies

by COINS NEWS 102 Views

TLDR: You dont. DCA in and DCA out

Rules: 1. Set a target price: Before you start investing, set a target price at which you want to sell. This will help you avoid making emotional decisions and selling too early or too late. Accept that it will hurt if you sell too early AND if you sell too soon. 2. Use stop-loss orders. Don’t be FTX 3. Don't get too greedy 4. Keep an eye on market indicators: there are 1 million YouTube videos about this. Spend time understanding what the fundamentals are. Do not pretend that next time will be different. I remember so many people were saying that a death cross wouldn’t be a big deal last bull run. “This time it’ll be different” is a red flag.

Keep it simple. you have to sell at the right time AND buy at the right time. It’s up to you to decide when the right time is. If you’re trying to 2x or 100x your investment, have a plan and stick to it.

submitted by /u/losttraveler36
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