I understand the concept of Hodling. I've been burned trying to short BTC so many times. This was all before I began paying attention to technical analysis. Of course we are in an overall bull market. But why would you not sell a little bit of your profits to be able to buy more than what you had when an inevitable correction happens? I have learned enough first hand that hodling is great, but knowing how to trade, technically, can put you much further ahead of the pack.
I have no idea what will happen in the future. Most of us don't. I just know that what goes up, must come down. I am tired of buying into tops, only to watch my investment topple. I have to see 30-50% gains just to get back to even. Not anymore. If I miss out on a little more profit, I'll be happy knowing that I've secured my investment plus some.
I think we will see a little bit of a retracment before blasting off past the ATH.
I have no idea what will happen in the future. Most of us don't. I just know that what goes up, must come down. I am tired of buying into tops, only to watch my investment topple. I have to see 30-50% gains just to get back to even. Not anymore. If I miss out on a little more profit, I'll be happy knowing that I've secured my investment plus some.
I think we will see a little bit of a retracment before blasting off past the ATH.