I talked about this a while back on a podcast I did
Minutes
30:00 - 30:50
32:45 - 33:35
This is where I talked about lot about stable plans and how I plan on rolling out for the rest of the bull market
Understand what works for me is not guaranteed to work for you but in general I believe that this is good advice, specifically speaking to onchain traders, not believers
As SOL has already approached all time highs this cycle I made the decision that I will constantly be rolling profits into USDC as long as prices on sol are above $240+
Will I lose out on a fuck ton of gains if SOL went to $500, absolutely
I already accepted that, but I'm not here to go through another bear market and take it all back down like I did last cycle
I say in the podcast that the gains that will come from onchain trading at potential $500 sol will not be comparable to the 2x on my SOL, and that is still a big "if" SOL even can go to $500
There would be madness onchain like never seen before, bigger than the TRUMP coins and I know that I would make more money onchain than by being a delusional bull
So at this point in the cycle I am more than 75% stabled, I hold the other 25% in SOL to trade with, ETH to trade with, some memes/ai and BTC
I have so much peace of mind knowing that I've already secured my wealth and my portfolio doesn't have massive drawdown, I no longer have the ability to lose this cycle because I already booked life changing profits
So as the cycle goes on if we are not topped (I do not believe we are) continue to book profits because one day the music does stop and you will never know when
Do not even think for a second that you will walk away from crypto with the exact amount of your ATH networth
Unless you plan to hit a number and immediately leave forever, you need to start preparing for the fact that there is a number you may see one day that you won't ever see again if you aren't practicing these precautions
You will inevitably begin to ride some of your gains down and the only way you can get as close as possible to leaving with your ATH networth is if you are constantly booking profits and only trading with 10-20% of your active capital leaving the rest in BTC and USDC
As the cycle goes on, you have to turn down your risk and greed constantly, everytime you feel that does of euphoria or hit a new liquid ATH, do yourself a favor and remove some chips from the table
This is how I believe you will win this cycle.
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