Dominik

[Dominik @ReggaeDrummerD]

@MarketMobsterUK Merry Christmas, thanks for all you do for this space, really appreciate you!!!

[Dominik @ReggaeDrummerD]

@IamZeroIka You are incredible and a precious diamond in this space dominated by lies and illusions. Thank you for everything and Merry Christmas!

[Dominik @ReggaeDrummerD]

@IamZeroIka Thank you, always helps to relativize our own life, that's very powerful

[Dominik @ReggaeDrummerD]

@Wyckoff_Insider Amazing, thank you!

[Dominik @ReggaeDrummerD]

@DavorD7 @IamZeroIka I found his post about the targets here:
https://t.co/gmP73fMf6a

[ZERO IKA 🗡️ @IamZeroIka]

- Trading content mashup vol. 2 / Taking profits -

This is the hot topic now, isn't it?

Plenty of coins are going parabolic but in order to not become a "roundtripper" you need to know what to do.

Gotcha, let's discuss then. (Relatively long post, but if you skip it well..)

Before diving into techniques however, It's important to extract all the psychological components that stop you from taking profits.

I summarized the most important ones based on my experience (as past bag holder):

- You don't take profits because you're not used to, so when it comes the moment you feel uncomfortable

- You think your asset will go up forever

- You think is not enough, "just a bit more" and I'm out

- You're part of a community so by selling you're thinking of letting them "alone"

- You're emotionally attached to your coin so you prefer to not sell it as it can "re-shape" this industry

- You anchored your mind to a "fixed target" so until it isn't reached, you won't sell

- Influencers told you that it will go to "X" target for sure

- You don't understand of being in a bubble or that your asset may be overvalued

These are usually the most common ones.

Talking about a more concrete approach instead, depending on your risk tolerance and attitude, there are different ways to take profits, but one of the most effective for spot holders is the reverse dca.

This means that, as you scale in during an accumulation period, you scale out during an uptrend.

Let's see 2 ideas I created using 1.000$ as example:

Conservative: Slower and steadier withdrawals with ongoing exposure to potential future gains

Aggressive: Faster withdrawals to lock in larger profits early, reducing future exposure.

Of course each % could be modified based on your risk tolerance, these are just 2 examples to give you a little bit of a context.

- My strategy -

Despite this is a good strategy, I don't use it mostly because of my "chartist attitude" and I rely on a different approach.

I already have pre-set targets for all of the coins in my portfolio, calculated based on the concept of liquidity 💧( if you don't know how to do it, I briefly explained it in this post -> https://t.co/3HO2Q4zydV)

This means that when the price reaches each TP marked, automatically a portion is being sold and this prevents me from the risk of not selling due to lack of time/personal psychological factors.

Here's a plan with the TPs for some of the coins shared in my channel that might be interesting to also share publicly:

Important: I don't care about potential bullish news or catalysts, they don't change my plan.

There's nothing that could change my macro plan and in case the market rips higher, I evaluate new entries with my trading capital, but I treat as a bonus.

Naturally, for assessing a potential top, I try to find bearish confluences across the major charts like BTC + BTC D. + USDT D + TOTAL + TOTAL 2 + OTHERS so if presented, I sell everything regardless.

A bunch of final tips:

- Each coin you hold is just a vehicle for financial freedom, no one is "supreme technology"

- Once you sell, never look back.
Disconnect from every source of information related as it prevents you from jumping back on the trade

- Put aside a portion of your gains for shorting the market, it could be a pity to lose such opportunity

- Don't compare yourself to others, every profit should be contextualized to your personal journey, you shouldn't care less of how much money other people make

Mashup vol. 2 mixed. 🎶 (if you appreciate it, share it to support my work!)

[Dominik @ReggaeDrummerD]

@DavorD7 @IamZeroIka ZeroIkas targets for ORAI are around 30, 36 & 40 if I remember correctly

[Dominik @ReggaeDrummerD]

@MarketMobsterUK Anchor vibes...

[Dominik @ReggaeDrummerD]

@phoenix_cr47 I am eying $ORAI

[Dominik @ReggaeDrummerD]

@realio_network Hello, I am having issues with the chain swap in your app. How can I contact you for support? Thank you

[Dominik @ReggaeDrummerD]

@chrisdoza_ @BeatStars Still not announced, sad

[Dominik @ReggaeDrummerD]

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[Dominik @ReggaeDrummerD]

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[Dominik @ReggaeDrummerD]

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[Dominik @ReggaeDrummerD]

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[Dominik @ReggaeDrummerD]

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[ZKsync @zksync]

Baby Alpha is here! We are proud to announce that today we hit our Baby Alpha milestone and have begun the march to Fair Onboarding Alpha and Full Launch Alpha.

https://t.co/8PBC9sRNPS

What we've accomplished and what's ahead 🧵 (1/6)

[ZKsync @zksync]

We’re excited to share, we have:

1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved ⅔ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin

👇1/8

[Dominik @ReggaeDrummerD]

NEW RIDDIM PUBLISHED ON https://t.co/YXMfjcZ2BM
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[Dominik @ReggaeDrummerD]

NEW RIDDIM PUBLISHED ON https://t.co/YXMfjcZ2BM
►FREE◄ Reggae Instrumental Beat 2023 | FEARLESS Riddim https://t.co/P2QkSdI3Qr