Profit Taking Plan .:. Hive Humpday Hangout Ep.15 (Wednesday, Febru...

I suppose that the next show can't beat the previous one where we had a great time having the Ecency co-founder Hive account@good-karma in the show, but I can promise you that it will be a good learning show! I will share my experience with profit-taking from the past, and I hope that all of you will do the same... When we gather all that knowledge in one place, it can't go wrong! Learning from mistakes and accepting good practices can be only useful!

It can look like speaking and learning about profit-taking at this moment has no sense at all, as everyone is roaring that we are just entering the bull market and we are still in the accumulation zones, but hear me out... I'm always about learning things in advance, preparing yourself for the moment when the knowledge can be used, and always being PROACTIVE, and not just REACTING to external events... That's the main reason why I have decided to choose this topic for the show! There is no bad time for learning new things!

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There are many profit-taking strategies shared on the Internet, and while I was researching the topic, I checked some of them... You can find some common strategies here, but in the end, what we should do is create our personalized strategy... Something that works for us, what is the best for our asset from where we want to take profits, and something that we can STICK TO!

I was talking about a similar topic in my yesterday's post and while I was replying to the comments, I got an idea about doing the show on this topic... To hear what others are thinking about it, and maybe to MAKE someone THINK about it before it is too late... As I made numerous mistakes with profit-taking, I do not doubt that there will be not enough material for the show... Also, I bet that I wasn't the only one who made mistakes... 😃

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The post that I shared a few rows above are mostly related to standard technical analysis trading, but maybe we can pull out some data from there and use it for creating our profit-taking strategy. So, during the show, we can go through that post and "translate" to an ordinary language, understandable to normies like us... 😃 Maybe tweak them too...

Do you have a profit-taking strategy?
Did you have it in the past and you learned your lesson? 🙂
Do you have an emotional connection with your asset/crypto/project?
Do you listen and follow others when they are buying and selling?
Share your experience with profit-taking... Your great wins, or your bad choices... Or both...

Those are just some of the questions that we can ask ourselves and that we can share with others in the show... Of course, we can go out of those "margins" and cover other aspects that I didn't mention!

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How was it the last show? Check it out yourself the Recap of HHHLive post... For all the participants, there are some LEN tokens for attending the show, and some special rewards (in Ecency POINTS) for those who were the bravest and came on the voice during the show!!! Don't forget that NOBODY is obligated to talk in the show, so you CAN come to listen and engage with others in the text chat... 😉

What steps you should take now:

Join Ecency Discord here
Check out your local time for the event at the top of the Ecency DISCORD side menu
Click on the chat-voice channel on Wednesday, 5 PM UTC (check your local time 👆👆)
Follow the event-chat channel during the show and engage with others!
Share the buzz about the show on Ecency Waves and InLeo threads using the tag #HHHLive and be rewarded with upvotes!

Or just click on this link that will lead you directly to the Event announcement, where you can see all the info!

If you would like to discuss a certain topic in future shows, please let me know in the comment section... See you on Wednesday!!!

Thank you for your time,

_ph

Inviting people who asked to be tagged in the announcement posts: Hive account@duskobgd, Hive account@felixxx, Hive account@foxkoit, Hive account@ganjafarmer, Hive account@incublus, Hive account@kvinna, Hive account@manclar, Hive account@melinda010100, Hive account@mell79, Hive account@mengao, Hive account@mypathtofire, Hive account@palomap3, Hive account@gwajnberg, Hive account@travoved, Hive account@yummycruz1, Hive account@willythewhale. If you want to be reminded about future shows, please ask to be added (or removed) to this list in the comment section!