↗ https://reddit.com/r/CryptoMarkets/comments/1t46avi/at_what_point_do_you_take_your_initial_out_in/
I think this is where a lot of people screw themselves. They buy fine, but when a position runs they either:
\- never trim
\- trim too early
\- or round-trip gains because they never had an actual plan
How do you all think about it?
Do you take your initial out at a certain multiple?
Trim by percentage?
Wait for target allocations?
Or just hold and accept the drawdowns?