CrediBULL Crypto
CrediBULL Crypto|Apr 22, 2025 20:06
Deciding when to take profit on spot positions is difficult. Even more-so when you don't know TA to be frank. I have conviction in my plan/ideas but that's only because of my knowledge on TA. Without this, it's difficult to make educated decisions on when to take profits for medium-long term holds. Which is why my primary suggestion to anyone who is asking this question is to try and understand how to "read" a chart. Start learning about/educating yourself on the basics of TA. Maybe it doesn't click today or tomorrow but this is a skill that will work for you for the rest of your life if you put in the time and effort to make sense of it, starting today. I didn't "get it" either when I started learning 7-8 years ago but I know what I know today because I took it upon myself to learn that which I didn't understand. Anyone can do this. Without this- you're left literally guessing, and emotions are going to mess with your exit strat 9/10 times. You all already know my plan for spot CRV (and most other holdings) but at the end of the day you need to be able to rely on/depend on yourself and no one else because I won't always be right and I won't be here forever either.
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