Right now is a perfect time to formulate your exit strategy for the next bullrun.
1 min read
As we sit in the doldrums of the bear market with a pretty good potential for more pain, it’s a bit bleak. However this is actually okay for one big reason, there’s no FOMO or hype going on causing our lizard brains to freak out and think “what if X keeps going passed ATH and I miss out on life/wife-changing gains?”
Now is a perfect time to figure out your profit taking points for the next run where you can pick targets unbiased and be comfortable sticking to them. No one ever went broke taking profits and I’m ready for my 3rd go around.
Personally, I’m setting % exit points at various levels for BTC/ETH/polygon/DOT where I would be happy to take some off the table.
What is your strategy for recognizing gains next time around?
submitted by /u/Odysseus_Lannister
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