Ualifi Araújo
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Bullish
IS IT TIME TO SELL?
Many people have been asking me: "Is it time to sell my Cryptocurrencies?"
The answer is: The bull market still has a lot of room to continue growing, but it is important to remember that each investor has their own strategy and objective, so it is essential that each one takes their own action to hold or sell.
I personally am not selling and will not sell in the short term because it does not make any sense (according to my Strategy adopted in past markets).
So there are important points for YOU to reflect on before selling:
What is your objective? To take profits now because you need the money or will you move it to other better assets to maintain your position thinking about the long term?
Does your strategy include partial sales or are you looking for the highest peak?
Are you comfortable with the volatility and risks that are yet to come?
The market is never obvious when we are moving closer to the maximum high (the most profitable months), so you must take this into consideration when drawing up your Strategy.
Therefore, decisions to buy or sell should be based on YOUR planning, and not on what others are doing. After all, we have no way of knowing what prices you are at in that currency, how much profit you have already made, and even less so your goal in the medium or long term. Making it impossible to say whether or not you should keep your currencies, ONLY you are able to answer what your goal is.
Final thought: Stop looking at the market as a short-term game and start seeing it as a way to build wealth in the long term. Your choices today will define your future results, so if you keep wanting to sell every little profit you make, even knowing that we still have a long way to go, then you will fail miserably.
I repeat; I WILL NOT SELL any currency in the short term, but review your strategy and stay focused on your goal.
Remember: The decision will always be yours! 🚀✊🏻💛
Many people have been asking me: "Is it time to sell my Cryptocurrencies?"
The answer is: The bull market still has a lot of room to continue growing, but it is important to remember that each investor has their own strategy and objective, so it is essential that each one takes their own action to hold or sell.
I personally am not selling and will not sell in the short term because it does not make any sense (according to my Strategy adopted in past markets).
So there are important points for YOU to reflect on before selling:
What is your objective? To take profits now because you need the money or will you move it to other better assets to maintain your position thinking about the long term?
Does your strategy include partial sales or are you looking for the highest peak?
Are you comfortable with the volatility and risks that are yet to come?
The market is never obvious when we are moving closer to the maximum high (the most profitable months), so you must take this into consideration when drawing up your Strategy.
Therefore, decisions to buy or sell should be based on YOUR planning, and not on what others are doing. After all, we have no way of knowing what prices you are at in that currency, how much profit you have already made, and even less so your goal in the medium or long term. Making it impossible to say whether or not you should keep your currencies, ONLY you are able to answer what your goal is.
Final thought: Stop looking at the market as a short-term game and start seeing it as a way to build wealth in the long term. Your choices today will define your future results, so if you keep wanting to sell every little profit you make, even knowing that we still have a long way to go, then you will fail miserably.
I repeat; I WILL NOT SELL any currency in the short term, but review your strategy and stay focused on your goal.
Remember: The decision will always be yours! 🚀✊🏻💛
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.