this post was submitted on 05 Dec 2024
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The original post: /r/cryptocurrency by /u/CatNDoge42 on 2024-12-04 20:15:58.

Everyone can't be winners, there will be losers this pump cycle for sure. When someone sells at the top, there always someone who bought at the top thinking there was more profit to be made. Many of these alt coins and meme coins have pump super fast in a course of days and week or two. But just in reverse, it will come crashing down just as fast, and if you waited too long, or keep thinking the price was never going to fall. It's going to crashing back down on your dreams and hope.

Be smart, don't be greedy, take profits when it's achievable. I know these rules sounds like no brainers, but you will be surprise what delusions and dreams can affect a investor's decision when to walk away from the table and cash in their chips. If you keep thinking your coin is going to x5 or x10 when its overbought, you are going to get burned. There are going to be millionaires made this crypto run, but I bet there going to be ALOT more losers this run too. Good luck to everyone this alt season, I hope your coin moons and gives profits to make your life the dream you want, but at the same time, don't let that dream cloud your judgement of making realistic profits.

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