When you strive to level up, whether it’s hitting the gym regularly, eating clean, or pursuing personal growth, there’s often this undercurrent of criticism from others.
People say things like: “You’re obsessed with working out,” or :”Why do you take healthy eating so seriously? Just live a little!”
It’s almost as if your commitment to breaking out of mediocrity makes others uncomfortable.
They project their own insecurities, labeling your discipline as extreme or your ambition as fixation.
But what they don’t realize is that your refusal to settle for the average isn’t a flaw, it’s a strength.
Choosing discipline over comfort, growth over stagnation, and self-mastery over excuses can alienate people who prefer to remain in the status quo.
Greatness is uncomfortable.
Those who criticize are often those unwilling to make the same sacrifices, mistaking mediocrity for balance.
The truth?
Leveling up requires stepping out of what’s “normal” to others and staying true to your goals, regardless of the noise around you.
Then, at some point, the magic statement: “He’s so lucky..”
How to take profit (long tweet)
Re-posting this info, because it is important to survive in this space.
I keep getting lots of dm´s from people asking: ´tim, what is your take profit (tp) strategy, when do you cash out, how much % you take where´ etc. Apparently a lot of people are in nice profit, and lost what to do, so i took my time to really answer this So in this longer tweet, i will go deeper into this, discussing circumstances, the market, having a goal, intuition, and ´what to do with profit´.
Circumstances:
Taking profit not just depends on how much money you made, but firstly on your personal circumstances. Do you have debt? A mortgage? Unpaid bills etc? If you do, than you should take profit, and pay that off imo. If you don´t, you can leave money longer in the bullmarket, since you have more ´finacial breathing space´ so to speak. If this profit allows you to send your kids to university, take it. If none of that applies, you can take more risk in the cryptomarket, since it won´t affect your finances so much, hence you can risk taking profit when market is higher, knowing a lot can evaporate as well.
The market:
We are clearly in a bullrun. In a bullmarket, you take profit on the way up, in a bearmarket, you buy slowly when market bottoms or dca near the bottom.
1: you can take profit in %. so take 10% off, every time btc prices goes up 20% for example. depends on how much risk you want to take
2: you can asses the ´cryptotwitter vibe´, is everyone going crazy, take more profit. Is everyone ultra bearish, buy more. Sounds easy, but super tough. You need real mental discipline for this
3: you can wait and let the bullmarket run its course, and sell it all in one go after the peak. How you know the peak has come? Well, you can wait until montly rsi is over 80, or you can wait until a clear top has formed, and sell a bit later. For example, last cycle i bought btc at 5k (after the bottom), and sold at 48k (after the 68k top), based on 50/200 ma crossing. I did not catch the bottom or peak, but most of it.
Having a $ goal:
Ok, so you reached your $ goal. What you do? Well you sell of course. Sounds easy, but why not. You wanted this, so do it, don´t let your mind trick you. Can you achieve your $ goal slowly on the way up, sure, take a certain % profit every time your bags go up 10% for example until you reached your goal. Once you reached it, you leave the rest in crypto, and sell higher, but at least you achieved your goal already
Intuition:
If you know your own mind well enough, you know when you get euphoric yourself, become aware of it, and use that ´feeling´ as a sell-indicator. Also, when you are scared, use that as a buy-indicator. This is not easy at all, takes years to learn imo, but personally this is my main way of making decisions. I have an article on how to use intuition on my blog, there you can read it Now if you actively follow the cryptomarket, you can use a combo of all above, and i do that as well. How is cryptotwitter, how are the Ta indicators, am i euphoric myself, what feels right etc. For example, arc went up a lot, so i took 10% off, than went parabolic, and took 25% again, felt right, and is fine. Do i regret not leaving that first 10% in for more profit, no, love taking profit.
What to do with profit:
You can put some in usdt, or usd, and buy the dip if you are good day-trader, i do that often. Or you can put it in btc, if you believe in its long term value. Or buy something that will generate you income, rental, business, etc. Or spend it, you earned this money! Buy what your dream is, invest in a garden, help people, buy a car, whatever you feel helps you become a better human being and more content. Remember a new bearmarket will come, when you want to buy cheaply again, so leaving a pile of USD is always smart. All the above is different for every person, since every person has unique circumstances, a different mind-set, or a different amount of money or goals, and every bullmarket is different. So there is no ´one recipe solution´ on how to take profit, it depends on all the above, and you have to figure out what feels right for you. If it feels right, you won´t regret it later on.
Hope this helps 😘
When we tell people we plan to “retire” in our 30's, we get funny looks:
"𝐖𝐡𝐚𝐭 𝐢𝐟 𝐲𝐨𝐮𝐫 𝐩𝐥𝐚𝐧 𝐝𝐨𝐞𝐬𝐧'𝐭 𝐰𝐨𝐫𝐤 & 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐠𝐨 𝐛𝐚𝐜𝐤 𝐭𝐨 𝐰𝐨𝐫𝐤?"
That would mean our worst case scenario is the same as most people’s every day situation.
The fun part?
They don’t even realize that.
THE WORST RISK IS NOT TAKING ANY RISK WHEN YOU’RE YOUNG.
Nobody ever achieved greatness by acting like everybody else.
You’re investing in the most groundbreaking industry on the planet.
It’s the ultimate asymmetrical bet.
PICTURE THIS:
Even if the entire market were to collapse and disappear overnight, causing you to lose money (which is extremely unlikely), WHO CARES?
You can simply go back into grind mode and explore other opportunities.
Meanwhile, most of your peers are blowing money into materialistic bullshit or parties.
Worst case scenario?
You spent money chasing a dream and learned invaluable lessons along the way.
So, why not take that chance?
NO RISK, NO REWARD 𓂀
@IamZeroIka Ok, I’m in. I discovered you some time ago and your content is top notch. You have provided me so much value that I am more than happy to subscribe. You won me over with the traditional finance after the bull. 👌🏼
Taking profits will make sure you're not gonna end up a paper millionaire.
But 90% of people still don't know how to develop a proper strategy.
Here is a taking profits technique that will help you lock-in future gains.
(Probably, this is one of the most important posts I've made)
🔸Compass Charts
Before diving into the technique, we need to have a compass to rely on for understanding in which phase we're transitioning.
To do so, I always use the OTHERS chart which, by excluding the top 10 assets, provide me the purest overlook of the altcoin market.
With the use of the reverse Fibonacci technique, I found an area in which I believe the altcoin market will be headed to.
This area fluctuates between 620B and 800B, less or more.
Could the market go higher? Yes.
Do you want to run the risk of wiping out all the potential profits holding everything above that area? No.
Therefore you'll NOT be willing to buy anything in that moment, just shaving off your positions.
An additional chart to match is the OTHERS D. which represents the altcoin dominance's impact on the market.
The more it rises, the more an altseason and a potential top are likely to happen.
A top cycle idea could be represented by reaching a 30% level.
These charts are two of the most important and must be always remain under your radar.
🔸Taking profits technique
One of my favorite tools to use for setting up taking profit levels is Fibonacci, especially with the methodology of the reverse ones.
If you don't know how to do it I explain it in this post: https://t.co/GZ88Qz0Apo
However, 99% of the coins, have a price action which is usually divided into 8/9 steps:
- Accumulation
- 1st impulse
- Re-accumulation
- 2nd impulse
- Re-accumulation
- 3rd impulse
- Potential re-accumulation/4th impulse
- Distribution
This is the plan to respect:
- Sell 20% during the 1st impulse
- Wait for the 1st re-accumulation
- Sell 30% during the 2nd impulse
- Wait for the 2nd re-accumulation
- Sell 20% during the 3rd impulse
- Wait for the eventual 3rd re-accumulation
- Sell 20% during the 4th impulse
- Let a 10% bag run aka moonbag (what if they announce a partnership with 50 cent?)
That's how you do it in a simple way just by looking at the price action.
You'll notice that the majority of speculative assets move in this way.
🔸A few things to look for:
If you'll continue to monitor these charts, you'll see that, once the top will be reached, huge signals will come out:
- People will call for more
- Taking profits will be considered a shame
- Neighbors, friends and celebrities will start to talk about crypto
- Advertisements, TV spots and mass media will pop out with huge bullish news at HTF levels
- No one will consider the downside potential but exclusively the upside one
- Crypto app will be the most downloaded app
- Crypto Youtube videos will reach hundreds of thousands views
Match the charts + match the signals = guaranteed top signals
Sell, disconnect everything for a few weeks/1 month and you'll be considered a profit master.
Just because you believe something won’t happen doesn’t mean it won’t happen.
Take profits, safeguard assets, research constantly, & and stop trusting everyone but yourself.
Trust your gut.
#bitcoin#cryptocurrency#cryptotrading#cryptonews
Tokenomics.
Crypto twitter throws this word around a lot but never explains it except "DYOR".
What's the secret that OGs and projects don’t want you to know? And wish you'd never find out as a newbie?
Here’s a simple guide to tokenomics for beginners.
#Bitcoin Dominance & #Altcoins
here is a detailed break-down for every zone and every part of last 2 cycles, covering the last 5 years...
Print this down, study it, learn every phase, learn where we are now & stop telling me this time is different
$btc $crypto
Share🔥
I Will tell u when it time for alts shopping and prepare for the next cycle. Cycles come and go.
Now remember dont make the same mistakes as u did this time. Take profits. No emotions. Not over exposed to 1 coin. Always a stablecoin to buy dips.
Patience
#wizz#btc#ETH
Good afternoon CT and today I am asking once again for your help. Following the incredible support from CT to fund @underleastrust build a school campaign for the children in Nairobi the money is now being held by @JustGiving with no resolution forthcoming. Thread..
@RmrkApp So cool that only Kanarias can fly and everyone else needs to pay in $RMRK for transport 🤣
Its genius.
Can't wait to buy land to build a mining gear store only for gents with mining licenses.
Introducing Kanaria: Skybreach
Read carefully, RT, and reply with what most excites you about Skybreach, or just speculate about features and lore, and you can win a Kanaria bird. We'll be giving away 10! ♥🐦
https://t.co/z5zhP2IsYG