ou're greedy and you don't take prodits because you think prices will go up more and never return to the lows.
ou feel the need to be always in position and you're uncomfortable holding stableco
As the classic DCA that is used to scale IN a position, the reverse DCA works, as the name suggest, to scale OUT of a position.
It’s the easiest technique you can use to take profits.
Cutting a 10/20% at each new leg up.
By using this strategy i would have been able to lock in some profits while my bag still running and more potential profits to be made
The more aggressive the candle, the more aggressive you must to sell it.
• Every profit is not a profit until you take it. Everything could wipe out in an instant.
Once you sell, never look back.
$BTC lost the 9-EMA closing below and this has produced a harsh downtrend.
Don't be greedy and compound your profits.
•Decide your profits. There are people who want to take profits in $BTC for the long term and people who take profits in $USD.
Taking profits does not mean rotating and jumping into new coins, at least not too much.
Dumping a coin to chasing a new one will kill your chance to make money.
Better wait for a correction.
•Remember that everyone is in the market to make money.
Good teams/good coins, bad teams/ bad coins.
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