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In this video, I discuss my approach to taking profits during a potential cryptocurrency bull market. I use Cardano (ADA) as an example and walk through a speculative scenario where I start with 100,000 ADA. I demonstrate how I would use a simple spreadsheet to visualize and plan out taking profits at different price levels, aiming to sell portions of my holdings while still maintaining a significant position. The goal is to have a plan in place ahead of time, so that I can make decisions without being overly influenced by emotions during the heat of a bull market.
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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