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Just remember, when you are excited enough to make screen-shots of you profits, that‘s when you should sell.

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by COINS NEWS 91 Views

It seems to be that time again of a Crypto rally where many random shitcoins just randomly take off. This kind of a “meme coin rally“, as many already call it, is usually also a top indicator for the preceding move up in all of Crypto. The order is always the same: First Bitcoin pumps, then ETH pumps, then alts pump and at last random shitcoins.

Even with that in mind many seem to FOMO into the latest shitcoins as PEPE, AIDOGE or what not. While quite a few right now are also in profits as the bought a bit earlier and there was enough money to pump something like PEPE even into the top 100 cryptos.

But through all of that FOMO and euphoria some are experiencing right now, they seem to forget what the fate from all the previous meme coin rallys as right now were, they always end in a rug-pull or Bitcoin starts moving down a bit more and they suddenly drop -80% in one day.

Those that are actually in profits right now may be very happy, but remember. The golden rule is that, as soon as you are so happy that you taking screenshots of you profits to send it to a friend, this is exactly the time where you should also be taking those profits and not miss-out.

I can even speak from experience, as during 2021 I ran a shitcoin from a $10 investment all the way up to $200, but did not take profits. Until this day it is still by far my biggest missed opportunity, don‘t be like me.

submitted by /u/partymsl
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