BITCOIN (BTC) PROFIT TAKING LADDER: Haejin's Profit Ladder
![](https://steemitimages.com/DQmVtgxTjTWKSNenvLeUTfc1NTQrZdYMqDonDeuF2g9yKKg/image.png)
For BITCOIN, NOW is NOT the TIME to be Taking BUYING Actions! It's time to be taking PROFIT SELLING Actions. I've put out these calls in the past and have been rewarded with MASSIVE profits.
Here is the Profit Taking Ladder I had cast. One rung has already been filled (purple dotted line). This purple and the two white dotted lines represent 90% of units to sell. The upper blue is an extremity and should it not get filled, it will be moved into the lower dotted blue level. The lower dotted blue is in effect acting as my STOP Loss point. The two dotted blue lines are assigned 10% of units to sell.
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
Closely following your technique. I did enter probably a bit too fast and without laddering in a few Alts 2 days ago (didn't have fiat to spend before that) so I am a bit dipping right now.
Also entered in BTC and XRP but should have put much more money into these and less into the other altcoins.
I am going to follow your lead and sell BTC as soon as it hits target. So I can invest that money in altcoins because I see big opportunities everywhere now. Probably keeping Ripple in the long term.
@Haejin, if you didn't have much fiat available (it's all in different altcoins) on which alt would you focus now? You don't have to answer as you are not a counselor and are just sharing your strategies. Thank you for all your posts, these are exciting times!
What portion of your total btc are you selling if you don’t mind me asking?
What are you selling into? Cash? Or another pair like ETH?
Cash for now. But i've already cast my ALT buy ladders and some rungs are getting filled.
@haejin, you mean buy ladders for alt coins?
Yes.
So most of the alts I am in require selling for BTC in order to get to cash. How long do you expect to hold alts before selling all to cash for wave 4 down? I understood you were going basically all cash for wave 4 and this is my plan. Would appreciate your thoughts on this.
Well, I'm laddering into Alts now. Have been all day. How long Alts will remain up? I don't know. I'll have to await the price data for waves and patterns.
Yes, wave C of IV, I'll be sitting on my hands and in cash.
Killed it man. Before btc took off again it really looked like it was going to head down one more time. But, it's just delayed the inevitable and made you a bunch of money! Congrats
Thank you sir! I humbly take my profits.
Great job nice information
So your not holding for the potential HF ?
no interest to you if all sell orders get filled ?
For the fork, one need BTC in wallet only 24 hours before the fork. After, the fork, take it out into safety. That's my plan.
Great !!
Also I subscribe to a elliot wave service , they are still calling this wave V
with a high of 6k ...as long as it doesn’t break under the 3500 mark .
Your saying we are possibly in wave IV still?
Im leaning with you on this
But just to make sure we haven’t hit bottom for wave IV ?
Ask them what their thoughts are on this fractal:
![](https://steemitimages.com/DQmaGwYHHHy9HuTuN4G4V12b3Uv4zzGS9VpoA339Q4rVSyv/image.png)
Ask them this question: Would they count the waves inside the blue box as impulsive? They are NOT impulsive. They overlap quite a bit and its thus very corrective.
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmYo2tsY5VpcUtmTWp2RYMKFDEJBmFhvSRDQ6AYraEpMR2/image.png)
I’d ask them but I wouldn’t get a reply .
I get updates during mid week , I’ll let you know if they changed their view
HI, Haejin, are you going to taking benefits from the forks that is coming. I think that the speculation around the fork has driven down the altcoins, and making people to accumulate Bitcoin, What are your thoughts about the upcoming fork.
Yes, but my understanding is that BTC need be in wallet 24 hours befor fork and then taken out a couple days later. That's what I plan.