Discover and read the best of Twitter Threads about #BFTD

Most recents (1)

1/ How do you BTFD, take profit and not get rekt when #crypto is bearish?

In a bull market, you can take a lighter approach to taking profit (TPing) as TPing too aggressively can be counterproductive.

In a bear market, an aggressive approach works best.

How?
2/ -- NEW BAG: CONSERVATIVE --
On new bags where I take profit conservatively my first objective is to secure initial investment (ii).

To do this I would take half my ii at 50% gain and the other half at 100% (from the start point). Strong resistance is an exception.
3/ -- NEW BAG: CHILL --
On new bags where I'm chill about TPing my first objective is still to secure initial investment (ii).

To do this I would take half my ii at 100% gain and the other half at 200% (from the start point). Strong resistance is an exception.
Read 10 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!