The Bulls Are Here And I Needed To Be More Patient To Pounce At The Right Time

The Crypto realm is full of uncertainties, we do not really know what or how things would become. Most of us got victimized by our own greed and wrong assumptions especially where the prices would go so we buy and hope that it will go further up, but all went down and some just sold-off and take the losses but some just held and hope for things to clear-up and take profits if the prices would get up more than the price where one had bought and I guess that it will take a very long amount of time if that would ever happen again.

But cryptocurrency price movements are just crazy, sometimes it would spike up and then comes back down 70%. One inexperienced trader would catch the wave only to sell for a loss. Never learning his/her lesson and doing it over again, sometimes for a small gain but often for a loss.

Never sell for a loss, just look at the history, the charts doesn't lie and look at the long-term price especially now that BTC is performing well dragging Altcoins along with its Bull Run because of the halving event in the month of May.

So things are getting prettier with the price moves even for steem which is almost double the amount than the previous Months where it even came down to 10 cents per token. Now from the last month it even touched the 24-25 cents level and I do think that soon it will be like one dollar per token or maybe even more.

One would ask when to sell, well it depends on many factors,if you needed money so bad then you will have no choice but to sell even if the markets are down. But generally the time to sell is when the prices goes parabolic then it will mist likely to "correct" but before that it will go sideways movement then go back down maybe 70% so before that happens wait until the sideways and then cashout (not a financial advice).

It is hard to say when is the right time to sell but again for me if you are in profit is the right time and follow the number one rule, just do not sell for a loss or get affected by your greed or emotions or other people's opinions who are often biased because of their own interests. The crypto world is crazy just like a jungle where something can get you but if you are wise enough it can be your home to feed and nourish you and make you thrive than just to survive.