Yes this time you did it right.But that very simple as spikes like this one are not sustainable. So the difficulty here is to sell at the top.
But with an slower increase,therefore also less volatility, getting out could be quite risky because it could take several months or even longer before the price might drop again. And in a few years you might look back and think $300 was damn cheap when mid 4 digits is the norm.
But with an slower increase,therefore also less volatility, getting out could be quite risky because it could take several months or even longer before the price might drop again. And in a few years you might look back and think $300 was damn cheap when mid 4 digits is the norm.
I have a feeling it will be exactly like this . Let's see how long it will take.