The Bull market is what it is, a period of maximum madness where the market heats up from one day to the next, without hardly realizing it, we reach the maximum of the local bubble and it explodes right under the noses of the vast majority who enter the party late...then come the doubts and uncertainty at the first serious blow of the market...then, that vast majority and some stragglers no longer have time to sell to recover their investment...others, instead, they leave with their pockets full having done their job well during the climb.
Yes, the most difficult thing in my humble opinion is knowing when to sell...this is not an obvious thing, everyone suffers from the same disease, FOMISTIC fever, although some have already been vaccinated in successive market cycles.
The best thing in these cases is to have an exit plan, mine is based on selling a constant percentage of my "junk" assets accumulated on a recurring basis during the sustained rise....Since I don't know when the market will implode...
There is an upcoming date that is quite important, the BITCOIN HALVING...my rational mind tells me that it is better to sell progressively as we get closer to that milestone...
Then I wait for a strong intermediate correction, time to reload the saddlebags giving room for the market to assume the "**scarcity shock" of the halving that will inevitably lead BITCOIN to beat another ATH much more evident than the current one...
All this will happen, perhaps within a few months after the halving, that will be when we will have to be more aware of the disease we carry, FOMISTIC fever, and force ourselves to progressively reap profits again, knowing that at some point the entire infinite orgasm in which we are submerged disappears and we return to visit old boring places, already known...
Don't forget to harvest what you sow, you will feel much better when the bears return for your remains.
(Source)
Posted Using InLeo Alpha
