CSK
36.4K posts

CSK
@Trader_CSK
@Edge_Vault - Trading Discipline Layer @SolGov_ - Solana Governance Transparency Layer

Bull cycle guide This thread is going to contain numerous tips to help you maximise gains when the market is trending to the upside. Before I touch on strategies to take profit. It's important to manage your risk appetite first. If you are participating with funds required to pay for rent or your weekly food shop. This will drastically impact your decision-making, as they will be driven by your emotions. When you have found an amount that you are comfortable investing in the market. It's also important to spread your risk. Putting all of your eggs into one basket will increase the likelihood of you cutting winners early or holding on to losers. It is far easier to let winners run when the position takes up a smaller percentage of your portfolio. Another common mistake I see is traders fully closing a position early to try and re-enter again with full size. This is counterproductive for the majority as you will find yourself holding a smaller position in comparison to what you started with. I am forever seeing people say - damn, I sold way too early. The price is now up 10x! I wish I held. It's too late to buy back in - price proceeds to do another 10x. I think you get the gist. This is common when you oversize positions due to fear of losing. Be realistic with how often it is normal to lose a trade. How do I mitigate this better? Skim your position size on the way up. You also have the option to buy back a portion of what you sold during retraces in an uptrend. Paying yourself gradually will allow you to hold winners for longer. At what point do I take profit or buy back? If a coin is yet to go through a cycle and it has been down only. They are easier to navigate during the earlier stages of a trend reversal. It will give clear price targets - supply zones. Also good areas of confluence to buy back - previous supply now demand. Volume profile is also very useful to identify reclaims of importance alongside moving averages. When a coin heads into price discovery, this is a little more complicated. What tools do I use to identify that price is extended? Bollinger bands on high time frames. Study older coins and customise your settings. Use this as a guide to show you when the price may be overextended. Fibonacci indicator. This will give you rough target points, which may coincide with the top of your bollinger band for an extra layer of confluence. Marketcap. Depending on the coin. It will have psychological levels where people will naturally take profit. For example, 1M cap entry. 10M cap take profit/exit. Price. Round numbers - e.g 10 cents, $1, $50, etc, is typically where people will take profit. Be realistic with your targets. If you're holding something at a price of 0.00005 cents per coin with a 1B marketcap. Ignore anyone that tells you it's going to $1. Circulating supply marketcap vs fully diluted valuation. FDV is less of a problem during a bull market. Try not to get caught up in those numbers as it may result in you selling early. This is more of a problem when the music stops and the trend changes. You do not want to be left holding the bag. How do I know when the trend changes? When should I fully exit my position? I use moving averages to determine when the price is still in a strong trend on the daily time frame. If it falls below a key moving average. That signals to me that the trend is over, and I need to fully exit the remainder of that position. Realizing gains. When you are taking profit. It is important to remove a portion entirely out of the market. If you don't do this, it is completely pointless. It is extremely common for participants to make a lot of money and then round trip their entire stack back to where they started. Treat yourself and your family. Enjoy it and don't lose track of value. It's easy for this to happen when you're looking at numbers on a screen. If it can change your life and your loved ones. Don't give that back to the market. Remember to stay grounded. If you found this thread helpful. Like, share, bookmark, all of that good stuff. Thanks for reading.

Keep this post bookmarked to ground yourself when you feel euphoric. At the current prices: 🔹Family holiday from the UK to Mexico, 2 adults, 2 children, 5 star all inclusive, flights & hotel, peak season. 40 SOL - 2 ETH - 0.1 BTC 🔹Brand new Tesla Model 3 340 SOL - 16 ETH - 0.8 BTC 🔹Average UK annual salary 305 SOL - 14.7 ETH - 0.715 BTC 🔹Sony Bravia 8 77" OLED TV 2024 35 SOL - 1.7 ETH - 0.8 BTC 🔹Rolex Submariner 2024 107 SOL - 5.15 ETH - 0.25 BTC 🔹PlayStation 5 3.5 SOL - 0.167 ETH - 0.008 BTC 🔹Diet coke 30 x 330ml multipack 18 MATIC Don't lose track of value when you're watching numbers on a screen. Be sensible and take profits along the way. Don't try to catch the top with your full stack. You'll be disappointed. I know this will come across as boring, and most will turn a blind eye to it. But remember this - most people who are constantly posting bullish posts do so because thats where the engagement is at, or you are their exit liquidity. They won't care if you round-trip your entire stack by following their posts. Don't get caught up in the smoke, remain humble with what you've got. Respect the amount you're playing with. Look back on this post whenever you feel like you're losing yourself.

Bottom? 😭😭


Important Notice After a careful evaluation of the Company's operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations. We deeply regret having to make this decision. Key dates: • Jul 26, 2026, 01:30 UTC: New registrations, deposits, and new trading orders will begin to be suspended. • Aug 26, 2026, 01:00 UTC: All trading services will be discontinued. • Jan 31, 2027, 15:59 UTC: Platform operations will officially cease. Withdrawal services will remain available. We strongly encourage all users to close positions, complete KYC (if needed), and withdraw assets as early as possible. Please read the full announcement for important timelines and instructions: 🔗 bitmart.zendesk.com/hc/en-us/artic… Thank you for your trust and support over the years. ❤️













