Any tips on how to be a better profit taker?
And when/how to sell?
I'm okay at identifying new narratives, hot projects, farming airdrops, and yapping but selling is my weak skill.
Last bull cycle I sold $ETH at $2k - was mentally exhausted after a crazy bull run and was afraid to lose more after a 50% dip.
$ETH then pumped 125% after my sell. It was painful.
So, how do we actually take profits?!
I like Hitesh experience:
"These mistakes will keep happening over and over again unless me and you realise that we're operating on autopilot mode when things start to move fast — and that happens in a bull cycle."
hitesh.eth
@hmalviya9
2 days ago
In your mind, you must be like:
“I will exit with profits on time whenever I see my folio going up.”
You always thought like that, but you never acted?
Higher chances that you'll repeat the same mistakes again.
Let’s talk about the psychological trap in a BULL CYCLE 🧵
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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