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RE: DCA OUT As TP Strategy .:. WorkerBee PH-Pool Week 199
Im glad you told us what TP meant! haha Great work to stay disciplined and TP with all the euphoria around us. We often get greedy wanting a little bit higher and think these high prices are the new normal and then its over and we missed it. Timing tops and bottoms is anyway nearly impossible except by luck.. I cant wait to take some more profits, hopefully I wont miss the bus, i havent DCAd out this cycle yet, but have been thinking about it instead of all in 1.
0.00007112 BEE
When I didn't know what it means, I was thinking the same as Butthead! 😃 😂
All in (or out) one was the way I was doing... But, as I said in the post, I missed the complete cycle... and 4 years without taking profits is painful... Especially if you want to live from crypto... 😃
Hehe I agree 😃 Great post, I also sold too little last cycle, but this time I will also dca out, suddenly it is over as you say. And great points @mypathtofire, yes bottoms and tops are impossible.😂 But spotting the reversal is easier.
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