Realizei METADE dos meus lucros em BITCOIN, e vou te explicar o PORQUÊ!

About this video

• Video Title: Realizei METADE dos meus lucros em BITCOIN, e vou te explicar o PORQUÊ!
• Channel: Augusto Backes
• Speakers: Augusto Backes
• Duration: 1 hour 3 minutes 20 seconds

Overview

This video discusses the current Bitcoin market situation, focusing on technical analysis, risk management, and the importance of knowing when to realize profits. Augusto Backes explains his decision to sell half of his Bitcoin profits, elaborating on the concept of "enough" in investing and the risks associated with a prolonged bull run. He also touches upon Ethereum's potential and broader market strategies for wealth accumulation.

Key takeaways

• Bitcoin's Technical Analysis: The video analyzes Bitcoin's price action, identifying key support levels (118k, 112k, 108k) and resistance points. It discusses patterns like ascending wedges and the potential for bull traps.
• Profit Realization Strategy: The speaker emphasizes the psychological aspect of investing, highlighting the need to define "enough" profit. He shares his personal decision to realize half of his year's profits, despite believing in continued upward movement, to secure gains and reduce risk.
• Risk Management: A significant portion of the video is dedicated to risk management, explaining how to protect profits, especially in a mature bull market. The concept of "residual shares" in stocks is introduced as a strategy to build wealth with zero risk.
• Market Context: The speaker differentiates between the beginning and end of a market cycle, suggesting that the current phase might be closer to the end of the bull run, making it riskier to stay fully invested.
• Ethereum vs. Bitcoin: While Bitcoin shows signs of a mature bull market, Ethereum is presented as potentially being at the beginning of its upward trend, although still dependent on Bitcoin's overall market performance.