/biz/ - Business & Finance

>>58513285
This is a pretty big part of an active trading strategy, you can't really answer this without the rest of the picture.

>>58513285
Looks like a man gross

>>58513285
It’s a feeling in your balls.

>>58513285
owning bitcoin is the profit

>>58513285
everyone has their own system.
the only way for you to find yours is through trial and error.

I tell myself I will take 8% out every 2x. In reality I get lazy and let it ride all the way up and back down.

>>58513285
hodl 4ever

>>58513285
you only take profit when you actually need to buy something, preferably something else that will also appreciate in value. taking profit for the sake of taking profit is for retards, like those who sold BTC at $10

>>58513285
I bought some sol shitcoin for 50 bucks. Pulled out 2x initial at a 4x. Let the rest ride. Went up a grand, then a day later was worthless. So, idk. Still learning. But pissed I left that money on the table

>>58513285
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator
I sell it all at the top, then DCA it all back in at the bottom.
simple as.

My rule of thumb is “would I buy at this price” if the answer is no, I sell.

>>58513676
How do you know it's the top?

>>58513755
look at the link I shared dingus