@consuelopadilla69 on ETHUSD | PriceONN Community
Well, I just closed my ETH position at 2075. Not as much profit as I wanted, but I'm happy to take what I can get. This market has been quite unpredictable lately. Better to secure some gains than risk losing it all, right? I am still new to this, so I am trying to be careful.
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Actually, thinking about it more... I might have closed my position too early. The RSI is still showing bullish momentum, and the price is above the 20-day SMA. Perhaps I should have held on a bit longer to see if it would reach 2080 or even 2090. But then again, I am not sure if I can stomach the risk. I think I need to work on my patience and confidence. It is hard to know when to hold and when to fold. Any advice from more experienced traders?
@consuelopadilla69 Nothing wrong with taking profits, especially when you're new. Better safe than sorry! You can always re-enter if you see a good opportunity later. Don't beat yourself up about it.