Hello fellow traders,
In order to maximize your returns in the upcoming months, you can’t lethargically sit on your bags. Ninety-nine percent of people do this and, sure, they also earn profits, but the remaining one percent earn the most. There are two aspects to this: sometimes it’s best to have diamond hands and hold your promising bag so you earn the most from it, and sometimes it’s wise to sell your coins and get out after you make a good profit.
Think like a smart trader, do some work, start analyzing your bags, and arrange them like a pro. It is a great time to reevaluate your portfolio so you can maximize your profit in the upcoming bull run. That’s what I have been doing for the past few weeks. If you’ve been holding some bags that you think cannot deliver, then it’s better to move on to some great projects that are working hard and sound promising. You should never get emotionally attached to coins. Some people say, “Oh, I love this coin; I would never sell it.”
That’s a very screwed up thing to say, in my opinion, because you are not here to join a cult.
[...]
Creating freedom through Crypto as a Community
6 Responses
Thank you!
Hey Mr. Wolf,
Look forward to learning more about getting better as a trader and investor. There is always a compromise between having good bags big enough to have a good impact on gains, and picking the good bags. Spreading accross different tokens increases the chance of picking winners, but spreading to thin decreases the gains because the bags are smaller.
Finding the balance is the most difficult game and here I struggle the most. Hope I got it right for the next run.
If Dave isn’t bothered about the dump, why is he sweating?
That’s the joke!
Thanks for sharing. This is a mistake I made last cycle, need to offload and stock up on better coins. Do you recommend taking profit when your double your money and leave the rest to ride the cycle?
This is Awesome! Thank you