【BitPush】A trader recently shared their position adjustment strategy. During this wave of altcoin gains, most long positions have been closed—although they didn’t catch the most ideal surge, having some profits to cash out is enough; there’s no need to be greedy.
On the Bitcoin side, the core long positions are still held, but recently they’ve been significantly converted back to cash. Basically, they are waiting. Waiting for what? Waiting for the next clear signal to deploy. The current approach is mainly to observe; with sufficient cash reserves on hand, they can react quickly when opportunities arise. This “buy low, sell high” rhythm is actually a relatively stable strategy for long-term traders.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
TradFiRefugee
· 20h ago
Really, I am increasingly convinced that taking profits when the time is right is the right approach. I used to keep thinking about waiting to see if I could buy at a lower price, but the result was just watching profits shrink right before my eyes.
I'm a bit itchy to buy the dip, but looking at his waiting rhythm... it’s indeed steady, but it really tests your mindset.
Cash is king, not just talk, brother. I need to learn how to wait for signals.
The desire to buy the dip is truly the biggest enemy of traders. This guy holding onto cash is even harder than me holding onto coins, respect.
But is there really a clear signal now, or should I keep waiting? Please share.
View OriginalReply0
BearMarketBro
· 01-17 11:25
I need to learn from this guy's operation. Not being greedy isn't a good thing; knowing when to stop is what makes a master.
View OriginalReply0
CrossChainMessenger
· 01-17 11:25
Take profits when there's gains. I stand by this mindset, much stronger than those who hold on until the very end.
View OriginalReply0
TokenSleuth
· 01-17 11:23
Buying high and selling low sounds simple, but in reality, it requires strong mental resilience. Having more cash can actually make you more prone to impulsive actions.
View OriginalReply0
SnapshotStriker
· 01-17 11:22
Altcoins are all wiped out. This wave, it's definitely best to take profits when things look good. There's no need to chase the highest points. If there's profit, be satisfied.
I respect the tactic of holding cash. Bitcoin should still be held, but it's better to stay on the sidelines and wait for signals rather than making random moves.
This is the steady approach—waiting for the next confirmed opportunity to get in. Retail investors are prone to FOMO; we need to learn patience.
View OriginalReply0
RektRecorder
· 01-17 11:10
Altcoins are all wiped out. This wave is indeed stable... Compared to those who held on until a 50% loss, this pace is much more comfortable.
Trader Position Adjustment Diary: Altcoin Profit-Taking, Bitcoin Holdings, Cash Waiting for Opportunities
【BitPush】A trader recently shared their position adjustment strategy. During this wave of altcoin gains, most long positions have been closed—although they didn’t catch the most ideal surge, having some profits to cash out is enough; there’s no need to be greedy.
On the Bitcoin side, the core long positions are still held, but recently they’ve been significantly converted back to cash. Basically, they are waiting. Waiting for what? Waiting for the next clear signal to deploy. The current approach is mainly to observe; with sufficient cash reserves on hand, they can react quickly when opportunities arise. This “buy low, sell high” rhythm is actually a relatively stable strategy for long-term traders.