I finally sold some ETH but read this whole post please

Hi everyone!

I've been involved with crypto since early 2015, and man, has it been a roller coaster. I have been buying and selling crypto for a long time. I sold out of all my positions when ETH was between 3800-4000 and have been steadily buying back in between 900-1400. With this recent news cycle from the upgrade to ETH, I believe we are nearing the local top of this trend. ETH is up over 50% in a few weeks with the only big news being the successful Shanghai upgrade. I believe the majority of stakers that were locked into the contract are long-term holders, and if anything, unstaking will encourage more people to secure the network, knowing they can pull out now. The overall economy is starting to show signs of trouble. The Fed is indicating a recession will begin at the end of the year while raising rates. Banks have begun to show massive unrealized losses on long-term debts from raising rates. With the overall mindset that the Fed has to kill the job market to stop inflation because somehow they think corporate greed with record profit margins isn't the issue.

Listen... there is only one rule people need to understand: you don't fight the Federal Reserve when it comes to the long term. So why do I say all this? Traders buy the rumors and sell the news. Most people have a hard time knowing when to sell. People become attached to their investments and will let winnings fall back down and let losers roll too long. Overall, I have begun unloading a small amount of my positions and will continue to do so until I am comfortable with the holdings and where the market is. I sold enough ETH to go and buy an engagement ring. This ring will be paid for with profits made in the last few months. I say all this to remind people to use their money for real-world things; there will always be time to invest. If you are saving to buy a home, retire, or even just in it for the tech, remember not to get greedy and begin to take profits at your set targets. Crypto is irrational, and in trading, you have to manage your bankroll, so I never move all at once. Best of luck to everyone, and realize if you have been here since the crash, you'll probably fare well in the next Crypto Summer.