Seeing KOLs shouting that Bitcoin is about to reach 120k - 150K ... I started to open my wallet to take profit at 106.8k!😎
Every time KOLs, influencers, technical analysis experts on TikTok and YouTube collectively declare "BTC is about to soar", I feel like... I should slowly escape for safety.
This week, $BTC leaped up to 107k, everyone was excited. The timeline was flooded with analyses of cup and handle patterns, head and shoulders, sacred triangles... generally, all signals were "to the moon". I just looked at the chart and asked: "If I don’t sell now, who will buy it for me when it drops?"
The Fear & Greed Index is at 71 – greedy. When in fear, no one dares to buy, but when everyone is demanding to "hold profits", I feel like it’s time to "hold and take profit".
To be honest, when KOLs say their piece, they... they are out. Meanwhile, I’m left with a red wallet. The hard-earned experience: taking profit early by 5% is better than watching it drop 20% while telling myself, "it will recover tomorrow".
I’m not advising anyone, if you like to "fly with BTC", then go ahead. As for me, I take profits lightly, brew a cup of coffee, and watch the crypto waves like watching an action movie – thrilling but without losing money.😎
✅ In summary
📉 When many people start to be overly optimistic – that’s when you should be cautious.
💰 Taking profits is never wrong – the mistake is when you don’t protect the profits you already have.