Yeah, I will be as well once I accumulate enough to do so comfortably.
Yeah, the writing is on the wall where they want to go with taxation and class warfare. I only see the divide getting worse, the middle class is getting gutted. On a positive not, there has also never been more opportunity for those paying attention.
The middle class is getting crushed but there has never been a way for the middle class to move up in class so quickly in history.
Agree, never been easier. Have to decide which class you want to be in. Middle is decreasingly becoming an option.
Time for price discovery, the final leg of these bull markets is when it goes most parabolic. For everyone who is new, make sure you have a plan for taking profits. It will feel the most euphoric when it is a good time to sell some off.
@TechDev has pretty convincing posts comparing the last 2 runs and showing where to take profits...
I follow him too. Yeah a couple different indicators and models are pointing to that range. The only thing that makes me have some hesitation is so many people are expecting that this time around and the market usually doesn't do what consensus is. Either way, expecting massive growth, anyone in right now is going to make incredible gains over the next few months. Just want to make sure you keep them! Max pain is watching all that money you made slip away, ask me how I know haha Good learning experience though
Wait when should we sell? I thought we should go long with this (no homo)
Depends what you are in. Nothing wrong with just holding bitcoin and a few others but on a parabolic move up there is usually a large correction back to the trend line. Definitely sell any small caps or meme coins if they pump hard. Long term the good ones will trend up, just lots of ups and downs. Typically there is a 1 yr downtrend after a large bull market, look at 2018 and 2014. Personally not selling any bitcoin, all my alts except for some ETH is getting sold though. WIll buy some back
Have to see how things play out, if it just keeps going straight up without any pullbacks to find new support will probably sell some off. If its a more measured slow growth would be less likely. Would just get your BTC and eth buys in sooner than later. Getting to the point where much higher you could be underwater for a bit in a bear market. Wouldn't be surprised if this area is the bottom of the next major bear market. Long term future is very bright, just don't chase if it really starts pumping hard.
I'd be careful with that...some alts are pumping 25-35% or more in a single day now...NU just went 367% in a day
It's a pretty green day for alts again today...SOL up near $200 again after being in the 155 range for a while...
