Hey guys! I haven't really posted in a while so here's a post a short one for you all!
As the titles suggests, markets are in the red today... apart from Steem! We're still a bit in the green in 24h after a massive spike (now an equally large dip). By the time I've finished writing this, we're in the red :(
Is this a bear trap or has it all just been a bull trap???
I honestly think that this is just a small cooling off period before more bullishness in the market! In fact, I'll be buying 3 more ETH when it breaks $600 and 5 more if it breaks $500 to probably buy more COSS!
However, don't forget to take profits
This was my mistake. I felt on top of the world when my portfolio went x100 in less than 6 months but I only withdrew about 3 times my initial investment... before things started going to shit. Since then I've withdrawn around 10 times my initial investment altogether, which is not bad but could of been a lot better if I wasn't so greedy.
I recommend taking out your capital asap and withdrawing a bit every time you go up a bit, like withdraw 1-2% of total every time you go up 50% from last target or something, set objective targets or else you're never gonna take profits and you'll get burnt like I did...