If we were in a bull market instead of downtrend as we are now I would start scaling out just a portion of my investment. For example, if I invested $10k and now my profit increased by 3 folds I would cash out 10k. I would put it aside and wait until we get another correction to invest those 10k back. This way I can loose only my net profit. I would just let it ride up to the moon 🌚 lol. Until then I’m not touching it. There is not much of a history in overall crypto when it comes to price action. However, if you look back since 2009 you can see there are cycles somehow repeating them-self. For example compare year 2011 with present. I don’t believe there is going to be bull market forever, neither bear market. There is always going to be correction, no matter what.
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Great chart!!