• © Goverland Inc. 2026
  • v1.0.3
  • Privacy Policy
  • Terms of Use
Sequoia DAOSequoia DAOby0xaA01dD01ea027C3880204caA7572101B34baD366ncrypt30.eth

Time to exit

Voting ended over 3 years agoSucceeded

What's up guys. Hope you are all doing good!

I took sme time away to gather my own thoughts and take a little bit of a break. As you all know i have been looking for SPX to $4270 and i was calling for $25k BTC from high 19ks. Yesterday it hit $4260 on SPX & 24.9k on BTC and well, that was enough for me, and so i exited almost all my swing trade positions i have played since the bottom.

I am currently only holding Telcoin, but with a tight SL from this pool.

I am going to show you charts of Ethereum, Chainlink & Vulcan Forged and you can make up your own mind on what you feel is the best play here. Personally for me, i believe we made a decent bit of profit and even if it goes a bit higher so what, id rather not give it all back on the basis of a dump. We need to keep the mindset of capital preservation against monetary gain. The gains will come if you have capital to deploy at the right time. We are better being wrong and we go higher, than hold on and be wrong and lose capital. And guys, i could be wrong!!

Lets say we continue up, brilliant, we deploy after a correction! And by correction i'm talking BTC dumping 20% plus.

The idea here with swing positions, is not to sell the top, but close to it. I believe we are close to it, but of corse this is only my opinion and you have to make up your own mind.

image

image

image

Off-Chain Vote

We exit into Stables
6 ETH100%
Hold all positions
0 ETH0%
Download mobile app to vote

Timeline

Aug 12, 2022Proposal created
Aug 12, 2022Proposal vote started
Aug 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated