#Bitcoin is at a new peak.. and perhaps heading to big peaks. The other currencies (should) be next in the rise.
But.. ☝️
I hope you don't repeat the same mistake of greed and not selling. What I mean is to sell (in stages) when you achieve your goals.
But.. ☝️
Set logical goals, (don't follow) the prevailing principle in this market which states:
"Stick to your investment positions and don't leave until you achieve all the goals. If one goal is not achieved, hold onto the currency even if it goes to zero with it" this is wrong ❌
For example.. ☝️
Personally, a few months ago I told everyone: "If $SOL drops to $100, it will be a great buying opportunity."
It really dropped to this number, and a little less. For those who bought at this number, is the profit from Solana enough if it reaches $300?
My method of profit.. ☝️
Apply the same principle to any currency you are in. But keep in mind that currencies vary based on their projects.
Some currencies require you to (take profits) gradually (while they are rising) until you exit completely.
An example of that is popular currencies, I take profits from them with every 30% profit I achieve from them.
Some currencies I exit completely from with the first 30% profit I achieve from them. Because this type can be treacherous, it suddenly collapses.
And so.. 👍
Years ago I used to say:
"There is no (investment) in the field of digital currencies. There are profit opportunities (for those who know them). Aside from that, there is no principle of investment in this field."
But.. ☝️
What about investing in #Bitcoin? In my personal opinion, it is the only digital investment you can trust to consider as a place to keep your money for a longer time than other currencies.
The rest, in my personal opinion, are just stations for profit. If you disagree with me, do what you see fit.
Real investment in my personal opinion is:
If you disagree with me, you have the right to do so. You are free in your way of thinking and in what you see fit.