✴️ Dogecoin Update | When To Sell & How Much?
Each time I share an update with the upcoming targets, predicting what Dogecoin will do there is always a guy that comes out asks who is going to finance it... Where is the money? He says...
You know those movies where there is a novice talking to a wise guy and asking all sorts of questions and the wise guy answers... "You need to ask the right questions to get the right answer".
It is not who is going to finance the price increase or who has the money... When the time is right, market conditions just change.
Everybody is going to buy or just one person or an institution or a group of people.
Maybe some news event or some major celebrity announces something... That is not the point.
The point is that it is going break up and the charts are saying so... The money will come from whichever place it has to come.
The right questions would be: - How far up can it go?
- When should I sell and by how much?
- If it drops, where is the support? - Should I hold or sell at a loss?
All the levels are mapped on the chart.
How much you sell at each point depends on your trading style, your capital and your goals.
On a drop, sell or not to sell will depend on your risk tolerance and your trading plan of course.
Namaste.
You know those movies where there is a novice talking to a wise guy and asking all sorts of questions and the wise guy answers... "You need to ask the right questions to get the right answer".
It is not who is going to finance the price increase or who has the money... When the time is right, market conditions just change.
Everybody is going to buy or just one person or an institution or a group of people.
Maybe some news event or some major celebrity announces something... That is not the point.
The point is that it is going break up and the charts are saying so... The money will come from whichever place it has to come.
The right questions would be: - How far up can it go?
- When should I sell and by how much?
- If it drops, where is the support? - Should I hold or sell at a loss?
All the levels are mapped on the chart.
How much you sell at each point depends on your trading style, your capital and your goals.
On a drop, sell or not to sell will depend on your risk tolerance and your trading plan of course.
Namaste.
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