Just a quick reminder: Aggressively taking profits on some altcoins that have barely broken out from their 2+ year downtrend, with BTC dominance still sky high and the ETH/BTC just starting to go up is pure madness. Sure, if you’re a trader and some longs played out well, lock in some profits and move on to the next trade. But if you’re like most people looking to maximize your ROI during the final leg of this bull cycle, my advice is to let your bags run and check back in a few months (or when we’ll approach critical levels). Why do I say this? Because over the years, I’ve seen too many people get crushed by being overly cautious at the wrong times. Here’s typically what happens: They sell too much too soon. Then they watch their former holdings soar. They get brainwashed by FOMO. They then re-enter the market at peak prices — becoming the exit liquidity for smarter players. Remember that sinking feeling as you watched your portfolio shrink every day? Trust me, it pales in comparison to the agony of watching a crypto you sold off skyrocket, all while calculating the fortune you could have made. Even if you’re the most stoic person on this planet, at some point FOMO and GREED will win against you — and you’ll end up making costly mistakes. So, to conclude this rant: Take some profits, sure, nobody ever went broke doing that. But don’t scale out too aggressively too soon. That’s a mistake you’ll want to avoid, especially just before Altseason. Keep most of your “skin” in the game until you spot the classic euphoric signals. Don’t play the game backwards.
84,95K