Avoid been carried away, it's never going to be bullish forever

[XUR_TIP]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

[Blitzboy]

Haha you really have sense of humor. Though, I guess not many people realize how serious the circumstance is because they are bound with greed.

The situation is likely to happen like 2017 but in my opinion, it might take a few more months because bitcoin continues to increase its price. You can see that bitcoin has already hit $60000 several times and it is obvious that this resistance will soon collapse. Therefore, take a partial profit (which is equal to my initial investment) is a better option to me. The rest I will continue to hold.

[palle11]

Yeah taking profit when market is huge with investors and profit has been made is a wise decision. Taking your profit allows you to clear the other investment so you can wait for another re-entry. Most traders think is a way to stop trading and run away but that is not it. Taking profit, is good to avoid regrets like many did in 2017 which has served as experience.

[dhru9]

Today days are different there is mass adoption and cypto space got bigge than ever. Elon musk twits about it every other day and Tsla sell cars for BTC.
People see that BTC only go up and up and come more. It  could last 2 years until we see bear market or more.

[coin-investor]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

I guess you are stuck in the 2017 mindset and you are in a panic mode, the market is changing it's not going to be bull season forever but it's not going to be the kind of bear season that we've experienced in 2017, the situation is vastly different, back then many still think that Bitcoin is a bubble that's ready to explode, but the same people who think that way are now supporters.

[mindrust]

Wise advice. If you have made more than 100 percent, you can easily cash out your initial investment and leave the rest because it is basically free money. Or you can even take more out if you want to buy some real world stuff and leave the amount you are comfortable with. Crypto will indeed make another big correction but we don't know when.

[blockman]

It is a fact that it won't last forever that everything will still remain bullish. I've taken profit even before bitcoin hits $50k-$60k and I don't regret taking it. Although I've got a bigger profit if I did but that's fine, I've held those coins during the bull run and it's a relief to see that I've sold more than the price when I've been holding. But, this bull run isn't ending soon based on its movement, and likely that we're going to see more peaks very soon.

[CaVO32]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

I guess you are stuck in the 2017 mindset and you are in a panic mode, the market is changing it's not going to be bull season forever but it's not going to be the kind of bear season that we've experienced in 2017, the situation is vastly different, back then many still think that Bitcoin is a bubble that's ready to explode, but the same people who think that way are now supporters.

As we have seen, the adoption today is very different than in the previous years. The foundation is much more solid this time. Big companies like Tesla is integrating btc in their payment method and so are other merchants. And these financial institutions that keep on buying their btc stash, I don't think they are planning to dump it one time. In my opinion, most of them are looking at btc investments long term. But definitely, you also need to look out for possible worst case scenario here so you are prepared. Prepare your contingency plans, diversify your portfolio, read more.

[Danslip]

Being greedy doesn't work in this market, from my own trading experience. Greed is good during trending market cycles, otherwise, it is another bunch of losses in flat markets. Taking profit is a good idea if the market doesn't give the target of trade for a long time frame. Greed and fear can be the reason why we always get REKT and never learn from our past mistakes. I prefer to take profit rather than chasing market for another week. Just my 2 cents.

[pixie85]

Since we're in the altcoin section I'll agree that taking profit is important. With Bitcoin not so much because Bitcoin is on another level.

It's important to be smart and estimate your chances. Altcoins depend on Bitcoin and on themselves so their chances of a continuous bull run are much lower than Bitcoin's. Think of the fundamentals and evaluate if they're strong enough to carry the coin you're holding. Like if I had a coin I don't believe in and see it's going nowhere on its own I'd rather be in fiat or something else.

Don't take profit blind.

[lobo13hf]

LOL so many people were saying this shit a few years ago when bitcoin was reaching 20k rate. People will never try to sell their bitcoin now. Bitcoin is trying to break more and more resistance.
I think that you must see how strong the fundamental of bitcoin right now and this is also affecting the fundamental of crypto.

People just need to sell some of their portfolios to anticipate the bearish trend that none knows when that will be happening dude.
Bitcoin can grow even more and you will also able to lose your chance to get more

[tbct_mt2]

Take profit! Take profit!!

Profit, when you have it with more than 30%, you should take it. If you have 50% of 100% of profit, please take it. You only have profit if you take it and protect your initial capital.

If you still hope the coin you are falling in love will have x5 more in price, please do two things:
- Take profit
- Get your initial capital out of that investment. Let the rest for investment with hope of x5.
Use this strategy, even if the price falls and won't rise higher, you won't lose your capital and still have profit. The capital is protected 100% and the profit will decrease but it won't drop to zero. You still have profit just smaller.

You've been warned, do not end up like many in 2017 bullish cycle

Bear market will come always but we don't know when it comes and how it will be triggered.

Nothing in financial market can rise forever.

[Adreman23]

Today days are different there is mass adoption and cypto space got bigge than ever. Elon musk twits about it every other day and Tsla sell cars for BTC.
People see that BTC only go up and up and come more. It  could last 2 years until we see bear market or more.

Same thoughts, aside from big players, big companies, institutions involved adopting crypto currencies the covid 19 pandemic has big negative impact to the world economy and the fiat currencies are slowly dying because governments prints more money our of thin air that may result to inflation or hyper inflations. This bull run is different from previous bull run it will takes longer now, why selling bitcoin for fiat that day by day decreasing its value.

[yazher]

Wise advice. If you have made more than 100 percent, you can easily cash out your initial investment and leave the rest because it is basically free money. Or you can even take more out if you want to buy some real world stuff and leave the amount you are comfortable with. Crypto will indeed make another big correction but we don't know when.

That's the safest thing you can do especially when you already have invested lots of money and it doubled already. When it comes to altcoins, double the amount of investment is quite common when the project they've invested their money with has successfully launched and listed in some known exchanges. Most of the time these guys had earned more than that. I think they've been getting more than they expected from investing in their chosen coins. Now that something good has happened to your investment, it is a wise idea to do some calculation after you withdraw your money from the exchanges.

[electronicash]

if you have missed dumping all you have in the last bullrun, there is no reason for you to worry anymore. all you have left is what's left but consider it all as profit for holding while the long pullback took more than a year. for anyone who had experienced holding for years, you really should have been trading for you have missed the biggest opportunity every time retracements happen.

don't get carried away, sell every time it goes to a new ATH.

[bittick]

I mean, who plays the string? if it's those big players like institutional investor they are HODLing hard and as far as I know they are the one that holds big amount of capital also one of the main factor that causes this year around bullish market to be so big. Some people think that bitcoin will just stuck in its cycle of 4 year pump and dump but I think that's not true at all, the current bullish market could be the beginning of a massive bitcoin adoption and other cryptocurrencies as well, don't get too fixated on the past.

[Bitbtc8]

I mean, who plays the string? if it's those big players like institutional investor they are HODLing hard and as far as I know they are the one that holds big amount of capital also one of the main factor that causes this year around bullish market to be so big. Some people think that bitcoin will just stuck in its cycle of 4 year pump and dump but I think that's not true at all, the current bullish market could be the beginning of a massive bitcoin adoption and other cryptocurrencies as well, don't get too fixated on the past.

Those big players are not stupid, they will surely want to make gains too, they will want to double their holdings and that's why they will dump on everyone at one point in time, this is very much normal, instead of thinking that bear market isn't coming back it's better to play safe

[overttherainbow]

Some people want to believe in ethernal growth so much!

[fullhdpixel]

I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

How about for the people who are ready to wait for another 4 years? I mean you might be right that most altcoins might have already tested its ATH of 2021 and might face bearish market hereafter; for such altcoins, it would be much better to book profits right now. But, the problem is how we are going to filter them out. This is the reason long-term holders are not bothering about what is going to happen in near future.

If you feel like the profits already made easy enough for you then you can go for looking for profit booking otherwise it is not recommended to cut your positions in the middle. In trading terms, if you're a low-risk trader then you can go for book profits right away.

[slaman29]

Take profit! Take profit!! You've been warned, do not end up like many in 2017 bullish cycle, there is always a end to everything and nothing goes up forever, everything happening in this world is merely time based, I'm not saying BTC can't go to 65k or more but this market is getting more dangerous every day, to me crypto market is now in gamble state, don't be a tool to those who are experts in controlling the masses, you think there aren't those pulling the string? Wake up already.. we don't know how longer they will keep pulling the string and roll you over, be smart

Have to agree here guys. If you're not a longterm holder of ETH or BTC and have bagloads of deficoins and others, I would definitely say, sell now and take profit, at least definitely gain back your capital. And leave some of your profits in if you still want to ride this bull.

Rally will probably last many more months but it's better to be safe and enjoy some right now then lose all of it tomorrow.