Part 2/8:
As we venture deeper into the market, it's vital to set clear sell levels for each coin. By establishing a selling framework that allows for the recovery of your initial investment plus a reasonable profit, you position yourself better for the volatile swings typical in this market. The concept of "drisking" comes into play here, emphasizing the importance of taking profits at various milestones rather than waiting for a predetermined price target.
For instance, using NEAR Protocol as an example, investors could set sell levels that reflect not just recovery of their cost basis but also anticipate a profit margin. This structured approach protects against sudden downturns, which can occur if Bitcoin, the market leader, shows signs of weakness.