$BTC
To Those Who Want to Sell Their Current #Altcoins and Buy Others...
I feel the best when these thoughts cross my mind.
So far, while tracking the Bitcoin price cycle, I've noticed that whenever I have such thoughts, there's volatility in altcoins.
Whether it's a major drop or a major rise, volatility tends to occur when these feelings arise.
From a #psychological investment perspective:
1. The price of the altcoin I bought is rising and is approaching the price at which I first purchased it.
2. Other altcoins around me are gradually increasing in price.
3. It feels like another altcoin, not the one I own, is about to see a significant price increase.
4. Bitcoin also seems to be on the rise, and it feels like a bull market is about to start.
In the past, when I had this same feeling, I sold my altcoins and bought new ones.
The result? I didn't make a big profit.
That's because I watched the price of the coin I originally bought rise even more, relentlessly.
Right now, nearly every altcoin is at the bottom.
Unless you're holding a random, dubious altcoin, if the market goes up, the altcoin you're holding will likely see a significant rise at least once.
Unless you're a genius trader, it’s better to focus on questions like:
"How far will this go up? When should I sell?"
If you want to see the chart analysis, please follow me.