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Topic: How Do You Secure Your profits? - page 6. (Read 2045 times)

newbie
Activity: 112
Merit: 0
June 01, 2018, 05:15:50 PM
As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.
Yes, to be sure, profit can be said to hold the coin for a certain period of time, waiting for the price to rise to sell it for profit, but need to set a price target, set goals on time. So they can accomplish well on time and on schedule, should not hold them for too long.
full member
Activity: 268
Merit: 100
June 01, 2018, 04:34:32 PM
Well, whenever I have earned 50%, I will withdraw 25% of my profit. That is my way to secure my profit. And I will use that funds to invest in other places, such as gold, bitcoin or real estate which are more safer. You can follow my way if you want to.
sr. member
Activity: 644
Merit: 253
June 01, 2018, 01:26:43 PM
For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.

Convert into fiat and send the money to the bank account and try not to send back to the exchanger as slong as possible is the method I use to treat my profit. It works nicely so far.
That is right, we just need to secure our profit for our future, so I am saving for my future too, basically what I am doing is securing my profit in a bank since I cannot secure it in just bitcoin wallet, but still holding some for my future, because I know that it will really increase in value as time goes on.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
June 01, 2018, 01:01:29 PM
As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.

If you are getting good profits you will be very lucky so make a hold on and it will be in a secured wallet with a lot of patience will be helpful to secure your profits.
hero member
Activity: 1190
Merit: 534
June 01, 2018, 12:51:21 PM
As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.
sr. member
Activity: 476
Merit: 250
June 01, 2018, 11:00:19 AM
For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.

Convert into fiat and send the money to the bank account and try not to send back to the exchanger as slong as possible is the method I use to treat my profit. It works nicely so far.
full member
Activity: 350
Merit: 109
June 01, 2018, 10:48:55 AM
This is the principal we know before to begin on the investment on the digital currency the security of our profits. This day their trickster is everywhere generally the hacker they generally assault exchanging site or digital currency wallets. Last is the volatility. To be secure, the benefits ensure you generally visit your coins two times every day if you are a long-term financial specialist. Snatch the opportunity if your coins are expanded. Ensure the private key don't tell others generally the email. Ensure one individual from your family can get to it. So, no matter what happens to you, they can get to it.   
newbie
Activity: 210
Merit: 0
June 01, 2018, 10:44:18 AM
For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.
newbie
Activity: 11
Merit: 0
June 01, 2018, 08:39:55 AM
I think it is better to have a set strategy of profit taking, for example take 10% profit from all your holdings if the market had a bull run.
newbie
Activity: 65
Merit: 0
June 01, 2018, 06:52:27 AM
I always converted all my profits to fiat when i feel that the market will turning red and invest it in my other part time business cause i need to have more part time incomes and the profit i gained in crypto is used to support my family.
jr. member
Activity: 196
Merit: 1
June 01, 2018, 06:48:54 AM
Strong passwords, many different passwords, wallets for almost every $1000 that I have, trading wallets (exchange too)
member
Activity: 294
Merit: 10
June 01, 2018, 06:42:08 AM
I am trying to save them in a many different wallets plus on exchange wallets plus I sometimes withdraw and put into bank account
full member
Activity: 322
Merit: 100
June 01, 2018, 02:05:21 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

many ways you can do for the security of the benefits you get. You can convert the amount of crypto you earn to fiat currency or you can invest it in a more stable currency such as bitcoin or ethereum if you get other coin benefits, then I think your profits will grow slowly, because I myself am convinced that eth and bitcoin will definitely be high in the time to come.
you can also continue to hold the coin until you get a red mark, then you can sell all the coins, and you can surely earn a profit. and your profits will grow.
legendary
Activity: 1372
Merit: 1008
June 01, 2018, 01:45:28 AM
If the coin I am holding increase in value, I lock the profit I gain and convert it into a stable currency like usdt. When I piled up and reaches a desired amount, I convert to fiate and buy a bank investment
I think the most important thing is to understand when to sell, because you know that a lot of people are too greedy to wait too long when prices go up, even if they sell before they're already profitable, because greed just makes him miss the opportunity, the first you have to know when you should sell and second always withdraw your profits to a safe place like a bank account
full member
Activity: 476
Merit: 100
June 01, 2018, 01:35:15 AM
I encash it right away to fiat. I want to make it stay to bitcoin but because of fluctuation, I can't afford to loss much of my profits. Fiat is very stable for your profits. Tether is also not an option for me because it isn't really stable.
member
Activity: 279
Merit: 11
May 31, 2018, 04:07:46 PM
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 way to make sure my profit is when prices increase, I sell all the coins and change to USDT. Then I continue to wait for the price of the market to fall and I will again use USDT to buy altcoin or bitcoin
member
Activity: 266
Merit: 10
May 31, 2018, 04:06:15 PM
if I am lucky I always put it into my account because if I continue to trade also does not guarantee a profit back. if I get a profit I always transfer directly to my account.
The profit you receive will be transferred directly to your account, but I recommend that you have a plan for dividing the investment to stay active in all situations. You can keep money on BTC, USDT and cash. These are 3 very necessary items so that you can buy more coins at market dropping, buy more BTC but still have cash to spend on life.
full member
Activity: 476
Merit: 100
May 31, 2018, 12:12:39 PM
I usually secure the benefits I get by withdrawing from the profits I already get, but I believe everyone has their own trading strategy so the benefits you get seem to depend on your needs, if you are in need of money then you can make a withdrawal profit.
full member
Activity: 406
Merit: 117
May 31, 2018, 12:06:49 PM
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 secure my profits on the crypto by not putting all my information and earnings on the single box. When you visit the Meta section, you can see there allot of a member here say how to recover their account because of the somebody hack the accounts to avoid it make sure that you do not sign on the phasing site. Not only here but all mostly your account with profits on it. You are the will make a step to secure your earnings from crypto.
newbie
Activity: 196
Merit: 0
May 31, 2018, 11:41:57 AM
if I am lucky I always put it into my account because if I continue to trade also does not guarantee a profit back. if I get a profit I always transfer directly to my account.
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