How Do You Secure Your profits? - page 12.

Arwinkim

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Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

I usually secure my profit from alt coins I hold by converting it into bitcoin or ethereum when there is sign of market will fall. Later, I found out converting it into USDT is much better.

When market is green, I suggest you buy top performers based on coinmarketcap.com or simply buy bitcoin and ethereum.

paynercash

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At present the market is falling, I have no other way to protect profit. As the market goes down I buy more to reduce losses. I know the market today has a lot of people deciding to sell their coin, but you should not be too worried, as the market will rebound in the next few months.

redsun114

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Quote from: gurang on March 30, 2018, 10:33:15 PM

Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

I affirm my income by using it correctly to establish it if you use it in the right way, not with the use of vanities, I have adopted my income in good form.

Well I secure my profits in several ways, such as exchanging them for some paper money and then investing in land, cars or other businesses. I do so because bitcoins haven’t replaced the paper money at all, just to ensure that I can regenerate money from my profits I exchange it. People think that it isn’t secure but for me it is the most secure process I know because what if the whole world discards crypto.

Biggapp

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Quote from: EinWert on March 30, 2018, 11:04:53 PM

Sometimes i change it to fiat money, other days i change it to usdt, everything depends on market condition

Fluctuations are the part of every market, even we see the rise and fall in the market values of dollar and all other currencies that are not virtual. So people keep switching among different currencies to keep their profit high. But if you want to keep your wealth at some stable high price, get converted into gold or diamond. Their prices hardly fluctuate and they are easy to store as well,

zemb

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Securing profit have many ways. You should be kept in a secured wallet or bank. For me, securing profits when I know the coin will be a possibility of dump and then I will withdraw some and keep it.

ngefek berat

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I often set aside an advantage and play the initial capital in trading because coins are hard to predict I choose to look safe and when there is a sudden need previous advantages can be exploited and make us not too dizzy about the problem like that.

musharaf

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Future prediction is not always right and it is not simple that we will always get profits while the people who love to use the fast payment system then bitcoin is good for them and if we want to secure our profits then it is very good to invest in multiple projects because if we put all money in one that will be highly risky and we have to use the less risky projects also in our investment portfolio.

wack slacker

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To increase your profits and your money you need the knowledge and knowledge of the field that you are investing. I use the money I get for the following purposes:
1. Invest in yourself by reading, attending technology, economics, and investment sessions.
2. Spend some money and use it when the market is favorable to buy.
Own the best altcoin I have selected.
4. Send some of my money and investment funds.
5. Join the best ico.

Farma

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Quote from: ufaiz50 on March 30, 2018, 11:32:56 PM

Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

It is a common method used to secure profits or arguably play it safe and not target the big profits that might lead you in loss, we need to learn is the right time and price to secure the profits of trading, which can be learned through experience in my opinion.

it's a common method, but it's all a matter of chance. because if you miss that opportunity, then you have to wait until the price goes back up, or you have to cut loss. well, so many ways that can be done, it all depends only from your decision.

ufaiz50

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Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

It is a common method used to secure profits or arguably play it safe and not target the big profits that might lead you in loss, we need to learn is the right time and price to secure the profits of trading, which can be learned through experience in my opinion.

nadbucs

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The best way to secure some of my profit if I dont have plan to use it again to buy altcoin is to convert to fiat and transfer to my bank account. But some I converted to fiat value on the exchange and kept it there for a while waiting for the time to buy again an altcoin and bitcoin in a reasonable price. In such case I can prevent lossing my profit as the price of cryptocurrency is highly volatile.

EinWert

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Sometimes i change it to fiat money, other days i change it to usdt, everything depends on market condition

DarkIT

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Quote from: s31joemhar on February 24, 2018, 01:50:46 PM

I secure my profit by putting it in investment since even though I do nothing the money still working for me and I will accumulate more income which is very favourable to my party.

That is good. but we have a slightly different way. I save some of my profits on local banks, and partly for investments. well, the investment will be very good in the future, we do not know there will be any business opportunities ahead, and the savings will push it to materialize.

gurang

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Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

I affirm my income by using it correctly to establish it if you use it in the right way, not with the use of vanities, I have adopted my income in good form.

MiningSensei

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Activity: 766

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Quote from: s31joemhar on February 24, 2018, 01:50:46 PM

I secure my profit by putting it in investment since even though I do nothing the money still working for me and I will accumulate more income which is very favourable to my party.

Please, what the fuck are you using to translate that shit? Is that the shitty google translator?

What the fuck? Party?

Came on... probably you are those who do not even have 0.00001 BTC to put in any asset..

nethan1btc

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Quote from: worldtraveller321 on January 13, 2018, 02:51:36 AM

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

On my own way to secure my profit is I put it to the bank which I serve as our fundings that I can assure that is really secured. Obviously, we work in order to have money to support our daily expenses. Here in crypto currency community we can have much more profit especially during the time of increasing of coins that we have. In life on my opinion, if we want to have that kind of things we definitely going to buy it but in some reasons we need to be practical which only those things we need and not those what we want.

KalaiBTC

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Quote from: s31joemhar on February 24, 2018, 01:50:46 PM

I secure my profit by putting it in investment since even though I do nothing the money still working for me and I will accumulate more income which is very favourable to my party.

Investment is the best way to keep your profits safe and sound. The most common way making investments is land. Land always gives something in return to its owner that’s why I believe that land is the best option to secure your profits. Land investment is in fact a long term investment made by people while another forms of investments are business, investment in other cryptos who are rising etc.

jerry0

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The big question is this. Do you guys immediately sell your altcoins for btc and then immediately sell it to usdt or usd, that way you secure a usd profit? Because you could buy an altcoin for 1 dollar and sell it for 1.10 dollars. But when you sell it for btc... then btc drop more than 10 percent, well if you convert that to usd or usdt, you have no profit anymore because you bought/sold btc at a higher percent loss than the altcoin. The issue with selling the altcoin for btc and then immediately to usdt would be, well you have to pay an additional fee to convert it. However, the fee is either 0.25 percent or 0.10 percent so its worth it right?

s31joemhar

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I secure my profit by putting it in investment since even though I do nothing the money still working for me and I will accumulate more income which is very favourable to my party.

dmamigo

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I set my own profit percentage or profit standards, on which I close/sell my holdings, once I reach that target. If it falls I hold, if it continues I rather tranform or trade it for other alts, not all but around 50% of my holding of the coin.

Greed is natural, over greed is deadly, so curbing it will probably help everyone secure profits, may be less may be more but it will be profit. Not always but often.

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