2 upvotes, 1 direct replies (showing 1)
View submission: Will SOL flip ETH this cycle?
Last cycle my biggest sin was trading too much.
This cycle I just put a smaller amount of money in 20+ different projects and right now almost all of them are up 50-150%
I'm deciding whether I should sell profits gradually and convert to BTC or just hold and see.
I remember last cycle I bought several projects and sold them at 2x only to watch them do a 10x afterward and I fomo'd back in, eventually losing all profit.
So either diversify or go BTC maxi I guess but who knows.
Comment by [deleted] at 03/12/2024 at 12:54 UTC
2 upvotes, 0 direct replies
This is legit my exact current strategy. Albeit more conservative in number of projects.
I settled on XRP / XLM / ADA and ALGO. I have some small ETH holdings to catch any BTC alt pumps.
I have sell orders orders set across all at small Incremental percentages (10-20% at previous resistance points, ATHs etc) - that stills leave me with decent bag if any one of those go to the ultimate moon.
I am prepared to buy some dips, but only at the early November entry points; not trading the dips within the cycle.
All profits otherwise go into BTC.