🟥Myka🟥

Price targets and portfolio targets are stupid. Here's why. The #1 way people rekt themselves last cycle (myself included to some extent), was by holding onto hope of reaching some arbitrary number. In many cases, this was $100k BTC. Or, they had a personal portfolio target number in their head (whether it be $100k, $1m etc.) Here's the thing: THE WORLD DOESN'T CARE ABOUT YOUR NUMBER. It's not worth round tripping your entire portfolio, just for the sake of maybe hitting some arbitrary number. Instead, do 2 things: 1. Remain adaptive: If your goal is a 10x, but the market starts looking toppy (and your portfolio is only at a 4x), with LTF confluence to match your HTF bias, then take profits. It's better to walk away up a 4x vs round tripping entirely. 2. Implement an incremental profit taking system: For each coin you buy, have a plan to shift out set %s at certain multiples (e.g. every time $TAO goes up +50%, I will take 10% of my total stack off the table). You can get progressively more aggressive with profit taking as the cycle matures. What matters most is the ability to judge where we are in the cycle, and position accordingly - as opposed to holding out for some arbitrary target you have set for yourself. Don't get me wrong - having a goal is a good thing. But that goal should be fluid based on the market and its signals. If not, you're just playing a lottery.