I get asked this all the time.



Especially if I ever post things about lower time frame corrections.

"Are you selling here? What's your profit taking strategy?"

The short answer is no, I'm not selling anything here, even if i think there is a possibility of the price taking out the weekend lows on $BTC and $ETH.

And unless you are highly experienced, I do not advise you to sell anything at this stage either.

For me, my strategy is very simple... and its why I mainly only focus on the Higher time frame.

I don't pretend to be a LTF trader, and personally, I have zero care if the price temporarily goes down.

I focus on the bigger picture...

And that bigger picture is riding the remainder of the cycle and gradually scaling out profits as the market works its way through its final expansion... which we have not had yet.

If we happen to get decent dips on the way to that, I would only ever be buying, not selling.

And as I said, unless you are a highly experienced trader, I would not advise you to attempt selling higher to flip back in lower.

1. It is very risky, especially with tax tokens
2. It is very stressful, and can easily lead to acting emotionally if you mess up a move

My strategy is simple.

I will be selling 10%/15% of my bags once $ETH breaks ATH at incremental stages...

Then once I think the market is close to a top I will sell 80% of what I have left and leave 20% incase I am wrong.

The final 20% I will sell once we have confirmed a HTF break of structure on the 2W timeframe.

Until then, dips are for buying and not sweating over.

We are definitely not early in the bull run, but as fair as actual percentage gains on altcoins go, we are not late either.
GET-0.46%
EVER2.06%
NOT5.86%
THINK-4.56%
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