Read; if you never tasted a Bullrun!

in blurtopian •  4 years ago 

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Very important to Read this, it might be of great value!

If you ever value your portfolios so much, pay attention; this is not showboating. In a massive crypto price surge, you are likely to not catch the waves and get left behind. Meaning; you could miss the golden opportunity of selling some of your assets at All Time High, when a particular token price reaches its highest price ever.

Reason is this, you will definitely be tempted to still HODL while you are suppose to sell, and buy back when the price drops. Trust me, I know this because I goofed too in the 2017 massive price rush, not intentionally but because I had no one to mentor me like this.

AS Bitcoin price continues to climb, at some points; Alts prices too will spike and your favourite tokens too will moon. This is why you need to read this, the peak price is where you must sell off, not to spend it all but keep a percentage to buy back any of your desired tokens. Say you invested $500 in a token, it then peaked at $3000 during the Bullrun, then you must sell it all and keep your initial capital or double of it to buy such token back when its extremely cheap again, the $2000 is your gain. You can increase your investing capital as you wish too.

So how do you catch the peak price? Simple, this is when you stay glued to your charts and price updates, also set a target in mind for your sell off price. Once you are satisfied with your gain, sell. Do not let greed trap you till another four to five years cycle of Bullrun because it doesn't happen yearly.

You are free to ask questions in the comment below; I'll do my best to answer in depth anything you do not understand! Cheers!

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