Good morning, I'm a bit late posting today due to client meetings. Here is my profit taking sell ladder and rungs for the last 1/3 tranche of my Bitcoin holdings. About 75% of coins are tageted within the dotted white lines and the rest are evenly spread around the dotted blue lines. Notice how my rungs encompass a wide range and that's good as this method removes FOMO, Fear and Greed emotions.
Many retail traders have a very difficult time to actually buy low and sell high. They understand it and want to practice it but fail. The two emotions, Fear & Greed, prevent this from being executed. It's these emotions that overcome the logic to sell when sentiment is giddy and buy when fear abounds. Right now, Bitcoin sentiment is very giddy and being in wave (v) of 5 of III; it's exit time with all my well earned profits. What is clear to me is this: now is NOT the time to be taking BUYING actions but rather it's time to be taking SELL actions.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.