Topic: How do you go about realizing gains? If you opt not to, what is your reason? - page 4. (Read 634 times)

I opt not to, because I believe that it's going to make me good enough profit to just keep holding it. Long term investors do not enjoy making that type of profit, it doesn't really mean that we should just avoid it all together, but that doesn't mean that we should be checking to see it either. I think its quite important to remember that we are going to end up with a profit if we keep holding it for the long term and because there have been some influencers that convinced the public that you could buy some risky shitcoin that can go x100, people forget that holding bitcoin is good enough way to make a profit. All in all, I think its a good reason, and just not realize my gains and keep holding as long as I can.

I will try to book profit with time if the profit are huge enough to convince me. Otherwise market has created some severe conditions for me and I might have borrowed some money too. So, I might be booking some profit near $40k but I will try my best not to because my investment is not that big even I consider my investment to be zero because to achieve something big like big profits we must have big investment too. But generally and fictionally speaking.

For a newbie or for a pro trader or holder, strategies of booking profit are not same means they change from time to time. In different scenarios there are different decisions one made then other. I have a philosophy that if I made my mind to hold the BTC for the next ATH which is to come after halving then I will try to fulfill that commitment instead of selling at lower profits. We can easily understand it simpler example.

Lets say I invested $100 in BTC when it was at the price of $30k and when the price when to $100k i will book profit then my profit will be?

second If I try to book profit when the price of that same amount of BTC will get to $60k and then I will try to buy it again on $50k (selling and buying will be of %100 portfolio).

where I will make more profit ?

Of course profit will be high in first scenario.

I don't "secure gains" because I don't agree with the average trader as to what securing is.

If you ask people many will tell you that securing gains means selling your bitcoin for fiat or a stable coin. I don't trust stable coins, as they're controlled by private companies and exchanges. We also don't know if and by what they're backed. Do Kwon tried to back his shitcoin with bitcoin and we all know how it ended.

I also don't hold too much fiat because I'd have to use cash for that, as I don't trust banks and don't hold a lot of money there. I don't want people to tell me what I can and cannot spend my money on, so most of it is in bitcoin and is going to stay there, regardless of whether we have a bear or bull market.

If the market experiences a major change from a bearish to bullish process, there is a possibility that some people will take advantage of the selling conditions and will return to buying when the price drops again. The biggest obstacle to using a short-term pattern is capital because if the accumulated purchases are sold when the market experiences a small increase, the profit we get is not too big, so we will revolve around buying and selling with small profits. That's why some people prefer the DCA method of investing in bitcoin and they won't take chances at small increases to sell the bitcoin they own.

I don't know how most people implement their investment strategy, but as far as I have experience the DCA method is a step that can be utilized so that the assets we have can increase even though we are not involved in Scalping trading. The point is how you can walk more comfortably and from there we can make good decisions.

Well you are also right and I think your way is the best way like at least booking profit on the way but my experience was not that good but to be honest I am agreed with you but still if we know that BTC has the potential to cross $70k at least and we still sell some of our satoshi for small profits then we are at loss. As, most of the people think that reaching to $70k is not just like will happen in 1 or 2 hours instead BTC first will reach that point then will make some new resistances and support levels and then try to retest the current price.

Point is that's a long journey and in that journey people try to sell at $70k and think that we will buy again when the price will come back to $60k. And then they will try to book profits somehow that's also good but what's the point in it. Because in this way you will have the same value but lesser satoshi this time.

Evil governments have destroyed our culture, economy, politics and religion and their goal is to destroy the people, don't be fooled by the big corporations that are fed by centralized fiat.
They have turned bitcoin into stocks and feed off of fiat
They rob countries' resources with their fiat power
African countries will be your fate if you do nothing

Hello
I know everything and Bitcoin is no different from fiat and I have the other face of fiat and I have Satoshi Nakamoto's complete solution to remove fiat and bitcoin is traded with fiat and the solution to remove fiat and prove that bit Coin won't control inflation and soon the documents we distribute and the Bitcoin hash rate are in the hands of China and the United States, and they have the Bitcoin network under their control, and they manipulate the block and cancel the transaction, etc. I will prove the statistics Such is a lie and the destruction of Bitcoin is near
And Bitcoin, like gold, has a dual role
and complex relations with the BRICS
I will bring the price of bitcoin to zero so that people will no longer experience government corruption and I have compelling evidence and reasons and I will destroy centralized fiat and digital currency exchanges. If you don't negotiate now, I won't give you a chance. And I will do my job
Satoshi Nakamoto was murdered, now they want to destroy Bitcoin because it has expired
Don't let this happen

I would say that the choice of whether or not to convert profits into fiat money depends on the strategy and mentality of the person who wants to invest... Well, I have known people who choose to reinvest the profits to take advantage of future opportunities, but in the same way other people can prefer to secure the profits by converting them to cash. What I now do is not convert a large part of the profits into fiat money.. If you decide to take this strategy, you could be taking a long-term perspective and trusting that the assets you have invested in will eventually increase in value. This is aligned with strategies such as "hodling"... It is a method that I have already used in Bitcoin and although there is a risk because this market is super unpredictable and maintaining gains in highly volatile assets can lead to large losses.. It does not take away my I dream and I know that using this methodology will be more effective in the future..

The strategy is quite simple, buy during the bear market and hodl or periodically be doing a DCA and wait until the market turns bull to sell and get your profit. The only obstacle here is indiscipline, once you are disciplined enough to keep stacking your Bitcoin holdings and wait for the right time to offload it, you're sure to realize good profit. But you should set a target to know when to actually sell, the moment Bitcoin price surges to your target price, sell to a stablecoin or covert to a fiat whichever you want. Setting a target price is to help you not to be greedy and avoid holding and missing out of the bull season.

I am not a Bitcoin trader because I don't sell my coins without reaching my long-term plans. Traders are specialized in maximizing profit in a short time. I don't have much money to buy Bitcoin in a lump sum, my best strategy is DCA. I invest a certain percentage of my income every month. The amount can be reduced or increased based on my weekly income. DCA suits me because buying Bitcoin gradually don't put too much pressure on my finance, reduce risk and it also makes me enjoy the benefit of volatility.

Buy at a low price, sell at a high price, that's the main goal of investing in Bitcoin. When you are in the bear market phase, that's when you need to load up as much goods as you can to keep the opportunity after the market turns.
The biggest obstacle may be when the price experiences a correction after getting a number of Bitcoins, it takes patience to deal with this situation until the market returns to the Bull market phase. Determine your plan when the price is at the target number, you can come back after the price is corrected to get Bitcoin at a low price.

My primary approach to this is to increase my portfolio value in terms of BTC rather than dollar ($) value. So if the price goes up (and we're in a full blown market) then I just take  profits and buy when the market bias has flipped from bullish to bearish. In my earlier days, I didn't take profit and left money on the table so when the market bias flipped to bearish, I ended up regretting not taking some profits. In hindsight, I ended with same value in BTC when I could have probably gotten more.



I only know about DCA and its effective most of the time since my average buy-in price is often priced in. On the other hand! How does the Dual investment /Snipper strategy work?

I've got a different approach. To me, Bitcoin is more like savings than like an investment. So I try not to spend it, but I sell some when I need to, regardless of the price. Of course, when the fees spike too high or when the price is suddenly significantly lower than it's been lately, I try to sell less. However, if I got some things planned, and I could use some money for it, and the easiest source is BTC, I just use it, and I don't feel any regrets. If I could use it directly, I sure would, but that's just not an option most of the time, at least in my country.

Everybody has the way they do theirs. But as for me what I do in bear season is pretty easy. I use two exchanges one for my accumulating and leaving till I grow old. while the other is for buying and selling using different methods.


The one I use for my buying and selling. I use the DCA method and then Dual Investment or Sniper in other not to miss any buying low opportunity or selling high.

There are more than one approach or means to approach your bitcoin investment and most times, all are okay providing you don’t get to liquidate your portfolio. That’s where the issue always comes kicking for most. You’ll later realize that, you would have had far better chances at profit by always putting some of your coins away from liquidation. Let the bears rain on it if they would but don’t forget the bulls will also have their town and even then, don’t liquidate.
Hodling serves you better and you could as well use your coins periodically as the need applies. Don’t be amongst the tell tale people that would wish they had hodl the much they had when the price becomes something unbelievable because it will.

It doesn't really affect the bearish market situation because bullish will also come. To get profits, investors usually invest by applying an annual pattern as has happened in the 4 year timeframe such as 2017 - 2021 - ...?.
The calculation can also be seen from the timeframe from 2013 to 2017 and 2021.
If you sell annually, the profit you get through price-recovery may be small.



The biggest obstacle as well as a challenge for holders in doing so may be patience.

I love bear market for short term as it gives lot if opportunities to buy btc in low price. When market changes and i realized some sort of profit, I like to sell btc and and then again look for proper entry. I am not in the favor of buy btc and then just hold it for long term(more than five years). Btc price changes many time through out the year and I believe that i can make 10x more than those who just buy and holding it.

Suppose i buy btc at current price 26k$  and then wait for btc to reach 30k$ and then sell there. Btc will repeat this pattern many time before reaching 2x(52k). If i make 10% profit everytime with btc up and down then i will be in more profit then those whose  just holding it. I will hold only 10% for long term without selling in any stage wheather its bear ir bull and rest will use for scalping.

Trading Bitcoin for a short-term profit is not usually very profitable for everyone, and I don't usually invest in Bitcoin for the sake of a short-term profit. If there is a turnaround in the market, like you said, the price of Bitcoin cannot just boom to $100k this year, even within the range of two months from now, which means that my next sell target has not yet been reached. The only tempting price at which I would love to sell some fraction of my Bitcoin is around $100k and above, and until then, I wouldn't be selling any. If the market begins to recover, it might not suddenly surge to $50k, and if anyone sells by then, they might not also have the opportunity to buy at $25k again this year. I believe that if the market goes above this price, I might not come down to $25k again till the year runs out.

In this kind of scenario, I don't really care about it because the first time I expected this thing to happen, and to be honest when this bearish trend will still be here, I don't have any problem with it because my investment in bitcoins won't really matter at this time because I have some other sources of income which I can rely on. I'm not gonna be like the others that put all of their money in it and some of them took loans in order just to invest in bitcoins, that is not a recommendable way because stress and anxiety will hunt you when a bearish market occurs and you won't have any peace of mind since you have nothing to rely on in terms of your financial needs.

When in today's market conditions which tend to be bearish, my strategy is to buy bitcoin again but with a small amount, and then keep holding it until the bull run later. Because it would be stupid enough to sell bitcoin in the current conditions, moreover my prediction is that we are closer to the bull run and holding is the best option to be able to secure profits in the bull run later.