You built up your cryptocurrrency portfolio, now protect your bags.
- I came across this video on Youube and while I am not one for following influencers, I do scan YouTube for wisdom and explanations.
- This video, by this YouTuber was full of good points. I follow many people on Hive with more experiecnce / also called wisdom, and others with knowledhge or technical skills. I feel it is important not to be the smartest man on the room, if I want to learn. I realize that no one person has all the wisdom, all the knowledge or all the answers. So I listen to many people.
- This video was impressive to me because this YouTuber wasn't promoting a cryptocurrency token or a single market indicator. Instead she did a short, but thourough reveal of four really important market indicators which I have head different people say were independent predictors of market sentiment, a statement which by itself suggests a lack of wisdom, as no one market indicator should be viewed as a an island, uneffected by other forces like other indicators.
- This video reviewed four important cryptocurrency indicators, providing brief but clear definitions of each, and brief by clear explanations of why these market indicators taken together help you determine that the market is near the top, so you can start your exit to stablecoins to preserve your gains, and avoid losses/ Because as billionaire trader Warren Buffet is often quoted to say: rule number one is don't lose money. rule number two is don't forget rule number one.
Timestamps
⏱𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
00:00 Mastering Crypto Exit Strategies for Life-Changing Gains
01:39 Market Euphoria and Whales' Strategies
04:08 Understanding Bitcoin Dominance and Retail Exposure
06:22 Liquidity & M2's 100-Day Lag Effect
08:30 The 'Others' Chart - Most Underrated Tool
10:36 Identifying Crypto Market Peaks and Risks
12:18 Recognizing Crypto Cycle Tops: Key Signals and Red Flags
14:07 Crypto Exit Strategy: When to Cash Out
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Woow…I love the rules by Warren Buffet. I haven’t even heard of them until now…I’d keep that in mind meanwhile I love you idea about gleaning wisdom from different people
Thanks, I found his rules and his books to be useful in establishing a investors mindset.
It’s obvious
I have to dig in on his books. I’ve not read them before
I think it's always good to learn from those more successful then oneself and when read their books. It's like them mentoring you.
Exactly
I literally just heard of the endgame from the M2 perspective today -- I personally chart for distance from the halving, and that tells me we are 3/4 of the way to the end already. Last two cycles were EXACTLY 548 days up to the top, or exactly 18 months. This adds excellent detail ... I did observe the two peaks of 2021-2022 ... so this makes good sense! Thanks!
Your welcome
Thanks for sharing your market indicator, it brings my list to Six.
Each of us is limited to a 180 degree view of the world in front of us, and by only by takling advantage of the view popint of others can we see the entire 360 degree problem and solution.
Agreed ... the more we share good information, the better all of us will do in getting what we need in these markets.
I have a seventh and eighth indicator (my No. 2 and No. 3) for you ... I need to find the videos, but I will return ...
Great, I appreciate you sharing your knowledge with me.
She's quite spot on! Learnt a lot of new insights from watching the video. I think when we remove our emotions out of the equation, it's pretty straightforward what we need to do to secure our bags and not round trip again!
I agree.
I like your insight about removing emotions.
I also embrace the idea that price is cyclical, so we need to be prepared to sell to maximize our position, preserve our gains, and not feel some emotional attachment to a "tool" crypto is like a job, it is a tool by which you secure a better life. It is not your life, and it is not to be embraced with a death grip. When it's time sell, when it's time buy, the focus is always on gains.
Perfectly said. As a tool, that's it main purpose, facilitate a better financial life as an alternative to the Tradfi system. HODL is mostly applicable during bear markets and it makes no financial sense to not lock in profits and retain the dollar value of one's portfolio during a bull market.
Exactly.
I agree that everyone engaging in risky trading should have both an entry and exit plan.
This young woman speaks so fluently on this topic, you know it's close to her heart.
I think she did a very good job explaining things. Thanks for sharing and thanks for the introduction which explained what the video was about and gave a good summary.
Your welcome, I am glad you learned from the video and the post.
;)
Good video, nice post, losing is not a part of life, it should be avoided.
Thanks, I am glad you learned from the video and the post.
Good video, it's amazing that material like this is out there for all to see and learn from, but many will still lose money when the bull market ends.
Thanks, I agree it is a good time for stablecoin operations.
#hive #posh
For now, I will actually say my sincere counsel or advice to anyone during this bull run is that you should not actually stay in the market for so long. There is no point staying in the market for so long. Juts get your profit and exit the market as soon as possible or what do you think
For every financial venture, you should have both an entry and exit strategy.
You should read as much as you can, formulate a plan and execute it.
Your money is most valuable to you, so you should follow a strategy with safety and gain preserving strategy that you are comfortable with.
In every bull market there will be people who exit to early, and people who exit to late.
The ones who exit late, have more regrets then the ones who exit early.
A smaller profit then you could have had, beats a large loss you could have avoided, any day.
Rule number one, don't lose money.
Rule number two, don't forget rule number one.
Upvoted 👌 (Mana: 0/52) Liquid rewards.
Thank you for the support/