When to withdraw your investment?
At x2-x3.
I could end it right here, but I hear and read too much around me “I’ll take it at x10”, “I’ll take it when the price is 10, 100, 200” - NO, you can’t do that.
Our task in this market is very simple - to make money over time.
In order to earn money steadily over the long term, you must always stay in the game, in order to always stay in the game you must always have free finances, in order to have free finances you must periodically withdraw your investment.
Bought a coin for $1000 at a price of $1, saw a price of $3 per coin, took $1000, left $2000 - free coins that from that moment on are worth $0, sit, wait for your goal, watch the news, analyze, watch the situation, make a decision to sell or wait with a cool head, from the moment the invested funds were taken from the market these are free coins.
$1000 can be safely invested in another project that is currently in the area of interest.
Only with this approach a person always has working capital in the long run, the portfolio is always replenished with net profit, and the money intended for investment WORKS!!
Here in the piggy bank.
In order to wait from $1 to $10, the growth must be 1000%, but for the price to become $4 instead of $10, it is enough for the coin to fall by only 60%, which can happen in 3 hours, as we see periodically.
There must be an adequate ratio of risks to expected profits, otherwise the entire hold will fly away to ….. .
Our task is to TAKE REAL PROFIT FROM THE MARKET, and not to see numbers on the screen or in dreams or in a dream.