How Do You Secure Your profits? - page 3.

Karmakid

sr. member

Activity: 742

Merit: 397

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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 am storing it in a hard wallet just to be sure that it is safe and unhackable. I just reinvest half of my profit again so that I would be able to make more profit out of it. I am using the other half to sustain our daily necessities at home. It is still good to see that our profits are growing.

Tanya78

full member

Activity: 434

Merit: 100

Keep coins until the market begins to recover and does not bring you a lucrative income. O often it is necessary to keep coins for years.

crypto_futurer

newbie

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I translate part of the profits into USDT and thus fix my income. When I need something to buy or pay for something, I change USDT back to Bitcoin and pay for any purchases.

nethan1btc

sr. member

Activity: 574

Merit: 250

Quote from: futureofeth on June 21, 2018, 08:50:51 AM

Quote from: acheampong64 on June 09, 2018, 10:24:10 AM

I will talk about the down market part;
When market goes down, it's better to trade along with the market. Trade with the new price with new funds, but don't sell off your holdings. Gradually recover some profit and by the time market starts to get better, it'll become a double win for you

Many people are panic about the current situation of the market and start selling their holding and this might damage their investment completely. The major thing we have to do in cryptocurrency is hold the coins until the market starts recovering and should give profitable income to us. If you sell them for the low price definitely you are going to lose.

I agree, on your idea buddy which I already do it evertime I earned. Well, basically we need money in terms of our daily consumptions and that's the way I secure my money to avoid losses when the times of downfall of bitcoin. Actually, I hold some of my bitcoin but most of it I converted directly to fiats since I need money so much since my regular job salary doesn't enough anymore.

Soranith

hero member

Activity: 798

Merit: 502

Yes I make sure to secure my profit whenever I get a good trade I think I always make it to a point that I get 15-20 percent of it just to be safe and this is also the money I use to pay some bills so I need to en-cash from time to time.

gabmen

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Quote from: Apes on June 18, 2018, 04:57:14 PM

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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

To secure my earnings, I will redeem my earnings into real money and I will tabungkan to create business to continue to produce. The term trading is unpredictable and must have a target percentage for incoming earnings ..

For alts, i get out after 10-20% profit. I can just make another trade anyways and it'd be a bonus if the alt i'm holding valued more than 20% while i'm away. For bitcoin and ether, it's a long term hold probably until next year

futureofeth

member

Activity: 686

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Quote from: acheampong64 on June 09, 2018, 10:24:10 AM

I will talk about the down market part;
When market goes down, it's better to trade along with the market. Trade with the new price with new funds, but don't sell off your holdings. Gradually recover some profit and by the time market starts to get better, it'll become a double win for you

Many people are panic about the current situation of the market and start selling their holding and this might damage their investment completely. The major thing we have to do in cryptocurrency is hold the coins until the market starts recovering and should give profitable income to us. If you sell them for the low price definitely you are going to lose.

Uno17

member

Activity: 322

Merit: 12

Profits i have earned last time has turn to loses, so nothing to secure yet but if it will go back again, i will just leave everything let it grow and never remove some amount and secure, because the bigger amount stayed invested, the bigger profit to wait also in the right time. But some investors have different ways too, when they see profit, they remove the capital and let the gain roll, that’s another way of securing too.

Apes

sr. member

Activity: 1316

Merit: 257

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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

To secure my earnings, I will redeem my earnings into real money and I will tabungkan to create business to continue to produce. The term trading is unpredictable and must have a target percentage for incoming earnings ..

doycku

full member

Activity: 560

Merit: 100

Quote from: sisjow on June 18, 2018, 01:06:52 PM

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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

the important thing is always has a percentage target for your profit and don't be greedy. you need to have a target for your profit, perhaps just take 3-5% daily is an ideal target.

in any case, if a trader works every day and controls the schedule of falling and rising prices, you are really 5% already a good achievement for his work. Well, the question is still open, how to determine the maximum value of a fall or growth?

Xenrise

sr. member

Activity: 672

Merit: 251

This is what I do to secure profits, I joined some signal group. And the best signal group I've been through always good for 5% profit. So, with 5% profit, I secure my profits. 5-10% is my rate in all trades.

sisjow

newbie

Activity: 154

Merit: 0

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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

the important thing is always has a percentage target for your profit and don't be greedy. you need to have a target for your profit, perhaps just take 3-5% daily is an ideal target.

SolomonSollarsNSense

full member

Activity: 462

Merit: 100

Quote from: noictib on June 02, 2018, 02:38:40 AM

Quote from: worldtraveller321 on January 13, 2018, 03:51:36 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

In the very starting I was using the method of the stop profit and loss by selling my assets for the dollers but now I am using small different method to increase my profit into more profit by selling my profit asset and using that money to put in that high potential coin which is at low price ( small dump ) .
So in This way I saved my profilt from the cryptourrency trading and also sometimes I move my some money to buy share vales in the share market for better profit in future to hold for long term , because like cryptourrency share market also a big fluctuations and that fluctuations are opportunities for us to make profit and loss .

That is a good strategy, but to me I think that for that you need to study the market and should choose a good potential coin for investment, because there are a lot coin which are dead and investing money there is only to waste your time and money.

BaraxLo

hero member

Activity: 910

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Quote from: crisanto01 on June 08, 2018, 02:41:12 PM

Quote from: shelimy on June 08, 2018, 01:44:27 PM

for me to secure my profit all i did is to widthraw all of it and put it into my bank account and i only left is my capital but before that i assure that the capital I left is the money that i afford to lose.

I am making sure that I do have enough fund in my bank account and in my btc wallet, I am securing both of it for my daily expenses , emergency use and for the future, not only for me but for my whole family, and securing profit is my priority for now that is why I am limiting my expenses.

If you are really having limited money in your wallets, then you are on right track. You should not waste money at all and be really careful about what you are doing. You have to support complete family and there is no way anyone else is going to do your financial support.

The bitcoin rather whole crypto market is little bit disappointing at the moment but will be back on track soon. For you right now is important saving money.

jerowacik

legendary

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To secure your profits you need to have and remember your exit strategies every minute but it's often neglected by new traders.

Bitcoinjheta

full member

Activity: 798

Merit: 104

Quote from: gogrowglow on June 09, 2018, 10:37:04 AM

To secure my profit, what I did was I withdraw 50% of it and deposit it into my bank account. The other 50%, I will use it as my capital for the next investment. Other coins, like Etherium or Litecoin, two most stable coins currently, I will invest my other 50% and then I begin to hold, for that volatility is inevitable but still keep my money more secure. I only reinvest profit in potential coin. Perhaps, the profit is less but it is safer.

Of course I make sure my profit will go a long way especially for the need of the family. Part of it is retained in my wallet. I do not usually buy coins since I am more in bounty campaigns and the tokens I earn from is kept safe in my wallet till the price is good.

gogrowglow

jr. member

Activity: 308

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To secure my profit, what I did was I withdraw 50% of it and deposit it into my bank account. The other 50%, I will use it as my capital for the next investment. Other coins, like Etherium or Litecoin, two most stable coins currently, I will invest my other 50% and then I begin to hold, for that volatility is inevitable but still keep my money more secure. I only reinvest profit in potential coin. Perhaps, the profit is less but it is safer.

acheampong64

full member

Activity: 588

Merit: 100

I will talk about the down market part;
When market goes down, it's better to trade along with the market. Trade with the new price with new funds, but don't sell off your holdings. Gradually recover some profit and by the time market starts to get better, it'll become a double win for you

evilsign

member

Activity: 280

Merit: 60

Of course, I will exchange it for fiat. But if I find another altcoin which has a chance to going up or the status is an uptrend, I will exchange it for that. And don't forget to divide it into sections, do not all in. What we can't control here usually is to gain more and more profit. Don't be greedy, just set up the target, for an example for the first time you want to set target 10%, just do it. Don't change it immediately except you have a strong reason.

arin_muah

sr. member

Activity: 504

Merit: 250

Quote from: Caelanpelley on June 09, 2018, 10:03:57 AM

It is not easy to secure your profits without losing money. You must have good business strategy. When the market recovers or gains, I sell and reclaim the stock immediately. If I lose the market, I hold back and wait patiently for the time to stop selling.

when we suffering loss, actually at that time we received profits , but not in money.we can take important lesson for prepare our trade better in next transaction. and our key success is patience.

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