
today at 12:47 PM
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28 views
12/29/2023
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481 views
In this video, I discuss my strategy for profit-taking in the cryptocurrency market as we transition from 2023 into 2024 and approach the Bitcoin halving in spring. Focusing on the imminent bull market, which I anticipate could be highly volatile, I stress the importance of being prepared for rapid market movements. I use Bitcoin's monthly chart as a foundational roadmap, detailing specific indicators and triggers I'm monitoring, such as the RSI and Fibonacci retracement levels, to determine optimal selling points. I also delve into how these strategies apply to altcoins, using ADA (Cardano) as an example, and explain how the approach, while similar, varies slightly due to different market dynamics. The video is aimed to understand the timing and indicators critical for making informed decisions about when to take profits. I emphasize the need for careful preparation and strategy, especially in a market that can change swiftly and unpredictably. Additionally, I discuss the importance of diversifying profit allocations into different assets like real estate and share insights into my planning process for reallocating investments during different market phases.
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today at 12:47 PM
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28 views
yesterday at 6:38 PM
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