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2023-11: Warosu is now out of extended maintenance.

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20912071 No.20912071 [Reply] [Original]

Guys, this is the first time I've ear earned $1000 in a single day, in my entire life.

When do you start considering taking profits?
How do we know that we are at the bottom of a bull run and not close to the peak?

>> No.20912358

Can anyone from 2017 please share some insight?

>> No.20912368

if im up bigly I'll usually sell enough to cover my initial investment plus like 25-50% then just let the rest ride

>> No.20912394

it's not even the future yet bruh

>> No.20912401

>>20912071
You take profits whenever you can, if you wait for a specific moment (e.g. 2x) that is normally when you get fucked over.

The only alternative is hodling for a long time, letting it have a bull run and a drop off, then waiting till the bull run after before cashing out.

>> No.20912411
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20912411

I don't plan on taking profits. I uniornically plan on killing my self in a few years when my parents die and leave my wealth to my brother.

>> No.20912431

Always remember. You didn’t make anything or lose anything, until you actually sell

>> No.20912570

>>20912411
thats kinda cool but what happens when your brother kills himself cuz no parents or siblings?

>> No.20912751

>>20912071
>When do you start considering taking profits? crypto is essentially 100x better than banking systems, im storing my money in crypto since real money will be inflated to shit in the coming years.

>> No.20912753

>>20912411
Why not just share the wealth with him and enjoy lifee?

>> No.20912861

>>20912071
Futures premiums. I saw some people predicting the March crash on that alone with no Corona narrative.
In a spot/retail golden bull run you sell when your coin appears on TV