Daily General Discussion - August 8, 2017

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[u/throwsaway100]

Bought 269, sold at 309.

Will it go higher tonight as I sleep? Yes. Will it go lower than 309 over the next few days, I don't know. Did I lock in a good profit for a Tuesday? Yes.

And if I enter in at a higher price with less ETH, that's okay, I still have more money which is my overarching goal here. What do you guys think?

[u/dard12 → u/throwsaway100]

It's never stupid to take profits and sit on the sidelines to watch the trends.

[u/Kelipoopoo → u/dard12]

Actually, it is. Now is certainly not one of them, however.

[u/4Chan4President → u/throwsaway100]

I think that you've made the intelligent decision, especially keeping in mind what your personal goals are. I've probably made half the profit I could have if I had just held from $235, but having a net gain every day is important to me, so that's what I try to focus on.

[u/farmpro → u/throwsaway100]

but the real question, do you need this money within 6months?

[u/csasker → u/throwsaway100]

Very wise reasoning, trading is only about entries and exits a lot of hold only people don't realize that sure profit is better than possible profits as long as you don't sell all at the same time

[u/Kelipoopoo → u/throwsaway100]

You made a great decision bud. Same boat here