BTC is coming strong in this last month of the year, is reaching levels never seen before and often we ask ourselves is there a limit? Where is the point to jump in these ride? Where should i put my stop loss? Do i need to put my stop loss?
All of these are valid questions and to be honest I'm just enjoying this ride, i'm not worried that i need to sell all of it to have max profit or that I'm loosing money, a good tactic that I use i learnt from a teacher in school from the stock market. He said:
"When you buy an asset and you have doubled/tripled your capital, i suggest that you take your initial costs and a small profit to make peace of mind. Don't be greedy."
So i did that and now everything that i own on BTC is profit, and if the price drastrically drop i buy some more. So let's open the champagne and ride with me!
To learn some more about greed and ambition click here.