The Best Time To Cash Out
Beginner traders or investors like me always ask when is the best time to cash out when the crypto market tren is in a good sign.
I thought of waiting again and again and was trapped in the desire to expect profit.
For traders who don't have a lot of money to invest or in HODL in the long term, cash out is always an option when someone has reached a profit.
THE BEST TIME TO CASH OUT FOR YOU
Everyone has different principles. But the most important thing, especially in the crypto market, don't let greed influence you. When you have the profit you set in your original goal, it is cash out at your best time.
Or, the market is showing signs of going bearish. Cash-out before the value of your assets drastically decreases continuously is the best option for you.
THE RISK OF CORRECTION AFTER ATH AND THE CASH OUT OPPORTUNITY
This happened to me a while ago and maybe to you too. When most of my crypto assets experience ATH, I still feel craving again and again to increase profits. In fact, there I already got a profit if I cashed out at that time.
This is certainly a reminder for me, when prices experience ATH, the risk of correction will occur and even the possibility of a large appreciation price will fail.
Cash-out is the best choice for us as well as a way for us to rethink our next financial strategy.
Thank you for reading my blog and reblog if you want my blog this time worthy of reading by others.
Best Regards, Anggrek Lestari
Who is Anggrek Lestari?
Anggrek Lestari is an Indonesian fiction writer who has published two major books. Now She is a full-time content creator. She has a goal to share food content that makes others happy and can get inspiration for foods that are easy to make and contain elements of health. Make sure you follow her blog as well for some interesting discussions about life other than food. If you need a copywriter for your projects, Anggrek Lestari will be ready to help you. Contact Person: [email protected] Discord: anggreklestari#3009Posted Using LeoFinance Beta
