Like @DeRonin_ pointed out, you can never really know. Especially if you use the lens where the results matter the most. My formula to this is to still play long term games but optimize with short term consistent wins. This is life, any thing can happen so take a few chips off the table. If you are building a career in crypto, have something that could bring in more money. Many of you are fond of leaving money on the table in the guise of building long (find people who can do this job and share profits with them). If you are trading, learn to take profits and leave moonbags. @KookCapitalLLC gave an example with his $PUMP trade. Even with his strong conviction, man accepted that there was need to take profits and a downside could happen at some point in time. One article I'd like you to read is @maverick23NFT recent one: Stop Obsessing Over Tops and Bottoms: Why Portfolio Management Wins in Crypto Man explained the fundamentals of capturing the upside and limiting the...
How do you know you are playing the long game or you are wasting your time?
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