Bits
@bitsbitsbits
GM and shout out to Jelle who literally made a chart that is what I've been doing as well. My buy zone was a little more narrow and my do nothing was a little bigger but otherwise this is spot freaking on. https://x.com/CryptoJelleNL/status/1860969575220740465
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Yung Zo
@yungzo
I like what Jelle said in his thread: Profits go straight to the bank!!!! Also reminds me of when Ledger was telling Cobie and the Traders on the show to practice doing this just to get a feel for it and he got sooooooooo dunked on for it by everyone. LOL.
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Yung Zo
@yungzo
Another thing.... I think this makes me want to lower my TP for SOL and WIF. If a coin already has hit ATH, then maybe I take more frequent payouts of 10% of original stack. I really just want to make sure I lock in gains.
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Bits
@bitsbitsbits
Agree thought one thing to consider is when a long time resistance is broken, it's often blue skies. I love taking profit at a new ATH but it's a scale out - could be 10% like you said. But def worth locking in gains.
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Bits
@bitsbitsbits
I think you have to ask yourself too, what $ amount will actually ease stress in your life? Originally I did that, and then opened a high yield savings and put the $ in there, occasionally locking in rates via CD. You can adjust with the times but it was meaningful to have safe growth after so much volatility
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