Pages:
Author

Topic: How do you manage your profits in trading? - page 4. (Read 18606 times)

full member
Activity: 936
Merit: 100
When someone is able to make profits from trading then definitely they are capable of managing it better.Which might be reinvesting the profits amount to make more profits or just cashout and keep repeating the profits making process.Anyway there is no perfect way this is the thing should be done but when we are doing we will understand the things needs to be done.
maybe by investing using profits that have already been obtained can be one of the good managing profits. traders I think have started a good plan and may be able to manage well and that they have good management techniques. but if I myself prefer to invest the profit generated
full member
Activity: 1162
Merit: 101
Here everyone individually need to set a goal how many percent of the profits he wants to earn, but do not forget about the periodic fixation and cashing, because no one can predict the duration of the price increase
copper member
Activity: 363
Merit: 9
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
mostly I am not manage my prophets because I had some amount of expenses in my life so after the expenses I will save my I can come in the Bitcoin so that I will trade it for getting good profit.
There might be reason why he would do that. Maybe he had sold his coins too early and he heard news that it would surge more so the only thing left to do is buy back as he had the gut that it would pump soon again, it happen to me too.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
mostly I am not manage my prophets because I had some amount of expenses in my life so after the expenses I will save my I can come in the Bitcoin so that I will trade it for getting good profit.
full member
Activity: 966
Merit: 104
It can be assumed that some traders work in this field of activity not for the sake of the main source of income. Although the trader on the crypto-curric life earns as much that a simple person can not get such money even for the year. But nevertheless, almost all these trailers with whom I'm a sign, send a part of profit to new investments.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
When the market conditions in bullish, of course the decline in prices is a good opportunity to buy. because after that the price will definitely rise again. take advantage of that moment as well as possible, for example when the price drops at a price of $7800 a few days ago, that is a golden opportunity, and see right now, you are already get big profit if you take advantage of that opportunity
The problem is that it is quite difficult to identify if a drop in the price is just a small correction and the bull market will continue or if it is the beginning of a trend change, very few people predicted that we will see a price above 13300 on June of 2019 when it was February and yet we are seeing it right now, so I am not a fan of trying to take advantage of such small movements in the market because in my experience those kind of tactics leads people to hold their coins for too long and in this market this could mean horrible losses if you are in the wrong side of the trend.
full member
Activity: 1162
Merit: 101
For me now trading has become one of the main income and when I need traditional money, then I just look at my cryptocurrency portfolio and what asset has grown more and cash it
full member
Activity: 1134
Merit: 103
Guys, this is the difficulty of trading, because you cannot predict what the next actions of a certain asset will be in the cryptocurrency market.  There is always a chance to make a mistake by buying coins when the price continues to fall down or vice versa, to sell the coin when the price continues to go to the Top.  Risks are always present.

You are right these are the basic mistakes done by the people when they are in trading, sometimes it is impossible to make a huge profit due to selling them at the low prices and sometimes it impossible to buy when they are low price and the prices start decreasing again. So we should always wait patiently until our desired target is reached.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

take advantage of prices that are not stable up and down and make profits but there always has risk
Some people use that risked thing to make profit like what you said. It is depends on what strategy that they use. But actually market with price that up and down very fast because a lot of volume is good to make profit.
sr. member
Activity: 1484
Merit: 253
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
if the profits are came to me then I will definitely ready to invest in a good currency for long time because once I use my expenses will definitely try to save it so that I invested in stable currency which is developing my investment
  Being wise will definitely lead success and it is about on how we manage to surpass consequences. Perhaps, trading is too risky and it will matter on our own and individual strategy to create liable deliberation in order to become a good trader. And I think conducting at our own pace will lead to create accurate scheme.
newbie
Activity: 61
Merit: 0
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

take advantage of prices that are not stable up and down and make profits but there always has risk
member
Activity: 420
Merit: 12
Globe-dex.com
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
1. When you sell don't look back wishing that you won't have exit the Market trend.
2. When buying coin dont put all your capitals in one particular coin.
3. Always have risk management over your capitals

I believe with this you will understand how to manage your profits capital.
full member
Activity: 602
Merit: 111
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
if the profits are came to me then I will definitely ready to invest in a good currency for long time because once I use my expenses will definitely try to save it so that I invested in stable currency which is developing my investment
hero member
Activity: 2842
Merit: 772
Guys, this is the difficulty of trading, because you cannot predict what the next actions of a certain asset will be in the cryptocurrency market.  There is always a chance to make a mistake by buying coins when the price continues to fall down or vice versa, to sell the coin when the price continues to go to the Top.  Risks are always present.

Of course, risk will always be there that's why we need to need to mitigate our risk by having stop/loss and entry/exit plan. But this is only learn through experience, by the way.

For me, taking profits is not that always easy, as I try to just HODL for as long as I can. But sometimes in life, you need to make a decision specially when sometime comes up. But don't regret though, its not good in your trading, just saying.
full member
Activity: 966
Merit: 104
Guys, this is the difficulty of trading, because you cannot predict what the next actions of a certain asset will be in the cryptocurrency market.  There is always a chance to make a mistake by buying coins when the price continues to fall down or vice versa, to sell the coin when the price continues to go to the Top.  Risks are always present.
full member
Activity: 1498
Merit: 146
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
When someone is able to make profits from trading then definitely they are capable of managing it better.Which might be reinvesting the profits amount to make more profits or just cashout and keep repeating the profits making process.Anyway there is no perfect way this is the thing should be done but when we are doing we will understand the things needs to be done.
hero member
Activity: 798
Merit: 503
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
It all depends on the original goal of the purchase / sale. If, for example, I trade in order to transfer my profit to Bitcoin, then I buy and sell a coin:
1. buy at a lower price;
2. sell at a higher price;
3. leave the profit for hold;
4. for the initial amount of currency I buy a coin with which I will do the same as with the previous one.
This is one of the simplest options you can use.
full member
Activity: 714
Merit: 102
I used to use analysis from exchanging other coins that became pairs of coins that I traded,
for example, I trade a pair with bitcoin, so I will see the movement of the pair bitcoin with usdt as my trade reference.
hero member
Activity: 2828
Merit: 611
I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

We have different ways on what to do with the profits we jave gained in trading. From my personal experience, my profits will be use to buy another altcoins at the dip. Or I will add some bitcoin to my wallet from the profits I got from trading. Not everytime I do that, I still spend some of it by buying some few things I need for my personal needs.
If I am trading a particular coin that I trust to always have volatility, what I do after getting the profit is to join the profit to the capital would have increased my investment coin, and then use it to trade the same coin again, when I see the price dip again, and this is what I have been doing in my Bitcoin trading that has made the BTC I have now grow in both quantity and also grow in value too.

It is not bad to use the profit to buy altcoins, but I can only use it to buy them for long term investment and not trading, because not all the altcoins are really good for trading as they have very low volatility.
Pages:
Jump to: