Around 18-20 August we’ll be mid cycle. Based on where we are then in relationship with the ath, you can estimate the dip.
LE: off course, everything is trend based, no one can actually say 100% what will happen.
Any take on ADA ?
good fundamentals, but no projects using it. I don’t expect it to bloom on the next months.
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Hehe, who isn’t?
In the past month I made a 2.5x with Hex, a 3x with Mina and part of the profit I aped into pulse sacrifice(expecting a 200-300x in 3 years). But I still have some usdc to invest.
Alll my “hodl” coins(eth, cel, sol, srm, dot, ksm) are also doing great, so yeah - really nice time to be in crypto.
This is THE coin to be in. 
Are you using RICH Crypto?
Yeah, all my long term plans have the objective of accumulating more eth Sure, some fiat along the way, but that’s secondary.
No, I feel I need more help with my relationship with money rather than specifically cripto. Money wise I use HOM / RICH and I just started EOG like 1 week ago.
Very disappointed with my self and my inability to capitalize on big gains made in some really good crypto picks. I just held and lost a lot of gains unfortunately, been a bit frustrated about it lately. Any tips on how to identify tops?
I missed some purchases too.
Fear and greed indicator is one tool for tops and bottoms. Timing it exactly is difficult. (I am still learning myself.)
Fear and greed is a good one; you need to be fairly familiar with TA (technical analysis). here’s a good chart learning website: Learn Forex Trading at School of Pipsology - BabyPips.com
The thig it’s going to take a while until you can confidently read a chart and say this is a top and this not, and even then you are just predicting.
I’m still learning, but the one thing I learned so far is not to wait for that magnificent top. You take profits down the road. You wont get the maximum profit, sometimes you will decrease your profit, but it’s th safer play. Basically you decide when you’re taking your initial investment out: at 2x (safest), 3x… up to 5x (the riskiest).
Gradually take out(and by that I mean change into stable coins) the more profit you make. If the market goes down, you will have that usdc lying around, if it doesn’t → you did not sell that much to be ruined.
yeah folks I_am has been sharing good hints and knowledge!!
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If you are serious about crypto, I totally recommend cultivate crypto course( you can google it or send me a private message). The Q4 one will start in September and it costs 800$. I took the one in June and I made over 20k with the hex play they recommended. I am not affiliated with them in any way, I just think they are one of the few honestly knowledgeable and upfront people willing to share their knowledge.
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I am total newbie , started just two months back but I normally split my sell in small parts booking profits as token is going up … that way I easily have touched high of most of token I have held .
But sorry this seems like too obvious ,
But this is how I do
I’m pretty decent when it comes to TA, but it’s managing emotions more than anything that is my biggest problem. I just really need to stop focusing on maximizing profit and focus more on taking profits when I can.
It’s not about missing purchases, it’s more about the profit taking strategy. Like I said in my previous post, it’s better if I focus on gradual profits versus maximizing profit; it’s a marathon, not a race.
I’m still waiting for bitcoin to bottom. This still a bull trap imo
Based on?
I disagree. Lots of altcoins (ie: one I like to talk about) hitting ATHs now.
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Based on the long term chart. It looks like a classic bubble pop with following bull trap
Understood. I misinterpreted your post from a few days ago.
Yeah tbh I’m a FA guy rather than a TA guy although I do look at the charts to make certain moves. I focus on the fundamentals and utility of a project so none of what bitcoin does means much to me in the long run especially since I’m not directly exposed to it. Most speculation-driven alts are still tied to it though.
I’m not convinced but we shall see, who knows you could be right. What’s your target?
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