#Bitcoin is at a new peak.. and perhaps heading to great peaks. The rest of the currencies (should) be next in line for a rise.
But.. ☝️
I hope you do not repeat the same mistake which is greed and not selling. What I mean is to sell (in stages) when you achieve your goals.
But.. ☝️
Set logical goals, (do not follow) the prevailing principle in this market which states:
"Stick to your investment positions and do not leave until you achieve all your goals. If one goal is not achieved, hold on to the currency even if it goes to zero" this is wrong ❌
For example.. ☝️
Personally, several 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 lower. For those who bought at this number, is the profit from Solana enough if it reaches $300?
My way of making profit.. ☝️
Apply this same principle to any currency you are in. But keep in mind that currencies differ based on their projects.
Some currencies require you to (withdraw profits) gradually (during their rise) until you exit completely.
An example of this is the famous currencies, I take profits from them with every 30% profit I make from them.
Some currencies I completely exit from with the first 30% profit I make from them. Because this type can be treacherous, it suddenly collapses.
And so.. 👍
I have been saying this for years:
"There is no (investment) in the field of cryptocurrencies. There are profit opportunities (for those who know them). Aside from that, there is no investment principle 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 preserve your money for a longer time than other currencies.
In my personal opinion, the rest 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.