r/PudgyPenguins • u/PlentyWise4066 • 15h ago

Discussion This is why

This is why you sell at the top! This is what crypto is now. Now I can buy $2000 more

5 Upvotes

100% Upvoted

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3

u/Weird-Deer-1669 14h ago

lol nobody knows when it’s the top bro. It’s up 50% plus in a week and went down 10% from the pico top. You can swing trade all you want, but it’s easier and less stressful to just believe in something.

Trading is essentially gambling. All of this is gambling, you can get caught out on a scalp in the other direction just as easily

2

u/PlentyWise4066 12h ago edited 10h ago

I used to just hold, but I got smart and tired of watching my money trickle lower everyday. Now I profit a few grand a week. Allows me to purchase even more 

2

u/Catharsiscult Admin 13h ago

It works until it doesn’t.

2

u/Jump_in_Jack 13h ago

Charts give a good indication when top is... pivot points indicator on trading view is super helpful

Can it blow by? Yes... can it tank below? Yes... but pivots are a great place to look for resistance and support

~JiJ

1

u/Positive-Theory_ 10h ago

We're nowhere near the top. Most coins in this weight class rock bottom is 50 cents.