RE: Take Some Profits
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I think one of the lessons I learned in the last cycle, as many other people did and still do, is learning that you do NOT sell the full stack. Selling the full thing only leaves you with an anxious feeling about getting back in so you don't lose more. No, that's a bad idea! I sell small portions of it, so that I can still get some benefits but also not risk having a huge loss if things continue to move upward at crazy trajectories.
Words of wisdom there! I also learnt a lot of lessons in the last cycle, which was my first real cycle. I held all the way up, thinking cryptos will make it, and ended up all the way down, without realising any profits. Of course, we are back at highs once again, and this time I feel that I am better prepared and have done some trimming along the way. No matter what happens from today onwards, I am totally fine. All the best! :)
That's good, and indeed a lesson of experience! I think we all go through it, the ones who are not overly emotional at least, where we see an opportunity and miss it, but then swear that we will capitalize on it next time.
Glad you are in good shape man!
😎