3min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

How to trade the crypto bear market

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Is It a Good Time to Sell Cryptocurrencies?

In crypto, these ups and downs are normal. Would now be a good time to sell off the losers, long enough to avoid the wash sale. You know, fortunately, never hawd to stock go down at zero or lose all money. We stop out of names, and we have stops around 35%. Sometimes i'll extend the 50 % if i think the upside potential is that much. But this, you know, there is money, it is speculative that the gains are incredible. There's a lot of great things but i could tell you now, people get into crypto or are going to be extremely well rewarded.

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