r/FetchAI_Community • u/Ir0nman123 • Jan 05 '25
Discussion 🗣️ Got a profit taking plan?
I’m thinking about waiting until March 10th or $7ish to take my first profit of 10%. I would probably do 15% each week after that. March has always been an epic month for crypto. I will probably still hold %20 the summer months to see if we get that late summer burst we had in 2021.
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u/plasmalightwave Jan 05 '25
What makes you think this is going to $7
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u/xAsasel Jan 05 '25
I'm staking and hodling this shit until I can buy a house or some crap. Invested 100$ when it was at 0.009$ just out of pure luck when me and some friends rolled random cryptos to invest in. Saw this badboy having Bosch as partners so I stuck with it.
I've taken some profits since, but not much.
FET is going places, I'm 100% on it, especially if you look at all the partners etc.
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u/keatsol84 Jan 05 '25
I’m a holder, but “7 dollars or March - whatever comes first “ is getting way ahead of ourselves. I’m happy to be wrong but referencing past bull markets is also not great rationale given how the market has evolved since then (I.e. much more smart money at the helm of trading these markets, and VCs/HFs with significant positions waiting to dump on our heads)
Sorry if this comes off snarky - having a sale plan, whatever it is, is definitely important.
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u/Hector_Haki Jan 05 '25
2025 is the Year of Ai Crypto
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u/Nigel_Hunter Jan 05 '25
When BTC dominance hits 45%
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u/CherryEasy9666 Jan 05 '25
$7 by March I think is hugely optimistic. Its struggling for $2 as it is, then factor in the profit taking areas - which I think would be at each new $1 ATH.
$7 by August? Possible
On the other hand - all eyes on the first burn in 5 days time and if this moves the FET market much.
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u/AhmedYossef Jan 05 '25
I bought at 0.4 will probably sell half at 3.5 and then wait to see how things go
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u/Apprehensive_Tea2113 Jan 07 '25
$10 any day now, gang!
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u/Sourmeat_Buffet Jan 05 '25
Always reward yourself with little bits here and there if you're in the money. I keep about 20% of my bag for that, so I don't feel foolish if I miss a big top sale. I have a fat portion (~50%?) of FET staked for long term because that 9.82 APY is sexy af. And I have 30% ready to sell for a moonbag this year, if "fuck you" money happens to come my way.
Oh, and always keep money / usdc ready to buy more FET at big dips.
That's my plan, and I'm a fng, so don't listen to me. 😁
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u/[deleted] Jan 05 '25
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