For those who didn't panic sell... Congrats! Still, that conviction pays off only if you take profits... Let's get our exit plan together before it's too late.
If you believe we are still in a bull market, then hold and/or rebalance your portfolio or top off your bags. If you think the bull market is over, I would ask: what top signals have you seen? The euphoria, Coin Base downloads, YouTube views, etc have not shown up.
@Roman_Trading It is the nature of decentralization.... embrace it! Good or bad, all of those projects entail adoption of block chain technology. So invest in the fundamentals (e.g. layer ones) and you will be thankful for every project built on it, from memes to RWA.
@ScottJenningsKY Scott, I want to THANK YOU for consistently bringing your views to CNN night after night. Because of people like you (avoiding an echo chamber to sit at a table with multiple people from the other side of the isle), we have the benefit of honest, intelligent debate.
This is not a stressful time in crypto. It couldn't be easier: If you are already fully allocated, DON'T SELL. Otherwise, allocate or check the couch cushions for anything you can find to buy the dip. HOLD and/or ADD. See you at the blow off top.
@Roman_Trading@_ColesTrading@coinbase You lucked up. VPN use created a nightmare for me. They locked my ability to withdraw. Granted, I could sell my assets and withdraw USD to my bank. How convenient for them, more transaction fees! I eventually got withdraw privileges again, but the anxiety and time costs were high
I'm done playing. It's time: I'm swapping all under performers for the assets I want to ride for the next 8-12 months. Lump sums, no stress, switch. Stress of packing is over, enjoy the flight to paradise.
Crypto fam: We know how liquidity cycles drive the markets. We know institutions are adopting Bitcoin (from Blackrock to state run pension plans). We are here, fear is high, and money printing is around the corner... mad love to the cryoto fam taking advantage.
Love my crypto fam. We have been through a brutal bear market. We now have fears of a recession, war, etc. bringing a dip. If your bags weren't fully packed... enjoy getting the right clothes tucked in for our trip to new all-time highs.
The birth of the internet was great. Now imagine seeing it used to take financial control from centralized governments and institutions. We are that fortunate.
As we prepare for the next leg up in this bull cycle, I've found myself getting too stressed over small bags. Zoom out not just in the charts, but also for your allocation percentage. If the big bags are set, you're good. Smaller (high risk bags) are fun risk, not your main bet.
If you don't have the dry powder to buy this dip, you can still rebalance... Shift from less conviction and lower upside holdings to higher conviction bets with higher upside.