How Do You Secure Your profits? - page 7.

Rose119

full member

Activity: 502

Merit: 100

Quote from: siagh357 on May 31, 2018, 10:19:03 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

Having a profit is very nice in crypto , that's good when you see that you get a profit and you already convert it into your local currency, because sometimes other people lose their money because they don't sell their coin after knowing that their already have a profit .

deonyx

jr. member

Activity: 122

Merit: 2

It actually depends on what your choices are, but the most important is knowing that your trading is your business for making profit for yourself and business. When I make profit from my trading it's important first to pay myself as though it's my salary from which I can take care of immediate needs and the rest of my profit I can keep in BTC for few more times and keep watching the market as soon as there is opportunity for dip in the market I use the reserve profit to buy other coins for a longer time trading with this I'm able to keep increasing the quantity of my BTC

siagh357

newbie

Activity: 143

Merit: 0

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

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: crypmike on May 31, 2018, 09:46:33 AM

Actually, I think large exchanges now are quite safe, especially Binance
Try to separate your funds on different exchanges
But if you don't trust them, you can keep your funds on cold storage wallets — for example, Tezos or Ledger

You are right about this, not so long time ago many exchange`s were hacked, now they work
a lot on their protection. It`s not in their interest to be hacked and lose customers, even Mt.Gox
are repaying what they owe to people.
I keep all my coins in hardware wallets, tokens on myeth, and I have one android wallet for
some small amounts of different alt-coins. I signed up in many exchange`s, but I use them just when
I wish to buy some coin or token.

crypmike

sr. member

Activity: 910

Merit: 371

Actually, I think large exchanges now are quite safe, especially Binance
Try to separate your funds on different exchanges
But if you don't trust them, you can keep your funds on cold storage wallets — for example, Tezos or Ledger

blackandred

newbie

Activity: 154

Merit: 0

Quote from: ramzhies on January 13, 2018, 03:16:32 AM

when I feel there's a chance that coins will drop.. convert it to usdt..
now, was able to trade with my profits.. capital out already

when coin rise , you may miss good buying opportunities . if it is a quality coin , i think the best strategy is to hold it for a long time . don't worry about its short-term decline . usually , it will recover quickly .

Celebrity

sr. member

Activity: 420

Merit: 250

Quote from: mudasarali43 on May 31, 2018, 07:41:33 AM

I am taking my trade in they which I think is good and to secure my profits, I secure profits in my crypto in the way when markets are green I take profits but one is I buy coins when the market condition is full in down in result of continues downtrend and showing the full depth than try to purchase coins and there are minimum chances of losses in this trade by understanding the market position,

Hedging is also important for local people who lives outside USA and dollar using countries. They may get profit, but their local currency may fluctuate and then they may lose their money.

Heding is a rule for those people to secure their profits.

Grayy

member

Activity: 322

Merit: 12

Sometimes I check coin market and check the most stable alts and convert my profits to those alts when the market's down. I convert them back to the previous currency or BTC or ETH.

Rocktop044

newbie

Activity: 154

Merit: 0

I convert it to fiat or store it up in BTC or ETH

mudasarali43

full member

Activity: 420

Merit: 100

I am taking my trade in they which I think is good and to secure my profits, I secure profits in my crypto in the way when markets are green I take profits but one is I buy coins when the market condition is full in down in result of continues downtrend and showing the full depth than try to purchase coins and there are minimum chances of losses in this trade by understanding the market position,

zeaderza

hero member

Activity: 896

Merit: 502

Quote from: eekkaa on May 24, 2018, 01:16:28 AM

to secure my bitcoin I only give security twice like 2 factor and I store it directly in blockchain.com and save the private key which is provided with very safe. because I see a lot of hackers trying to steal the bitcoin we have.

In my opinion the best way to secure money in to buy gold or invest in real estate. These two are real money. Everyone wants to buy gold no matter how much money he has and what kind of business he is in. real estate is one of the growing business industry in the world and investing in this sector will give you huge profits which you never expect of it.

ace4549

sr. member

Activity: 699

Merit: 438

Yes, trading was beneficial for me, no doubt about it because this kind of business is proven that still profitable in different aspects of the business because everything in this have a value

Wolfwar

member

Activity: 630

Merit: 14

Quote from: eekkaa on May 24, 2018, 01:16:28 AM

to secure my bitcoin I only give security twice like 2 factor and I store it directly in blockchain.com and save the private key which is provided with very safe. because I see a lot of hackers trying to steal the bitcoin we have.

if there is a defense of two-factor authentication Google, That is a good chance that your funds will be safe. But smart hackers always find loopholes to get to our Bitcoin.

eekkaa

full member

Activity: 364

Merit: 100

to secure my bitcoin I only give security twice like 2 factor and I store it directly in blockchain.com and save the private key which is provided with very safe. because I see a lot of hackers trying to steal the bitcoin we have.

lehuong

newbie

Activity: 168

Merit: 0

To secure my profits, I divided my investment into many parts of the investment that spread out. I did not focus on investing in one project but distributed them into several projects to ensure that I did not suffer a loss. 1 time is no capital

jonathancool220

newbie

Activity: 135

Merit: 0

in between tricks I trade like that, buy when red and sell when green.

and fortunately I save it in the Conventional Bank as a sign that it is proof I profit from Crypto. And I also invest in gold.

bennypagulayan

member

Activity: 280

Merit: 10

MEGATRON - THE RISE OF BLOCKCHAIN REVOLUTION

To ensure your profit, you must trade and invest in the principle of surfing. That means you buy coins at low prices and sell them at high prices to find a profit. To do this, you require a lot of skills and experience in business or investment. The process must be prolonged for a long time. You need to have the patience virtue that will help you a lot when entering the cryptocurrency market.

mabell943

sr. member

Activity: 590

Merit: 258

Im secured my profits by knowing that my money is in the good hands and providing the best security to secured our investments like we always do as an investors in this kind of business and to check if our profits it still in the good condition after all.

Natsuu

full member

Activity: 1148

Merit: 158

★Bitvest.io★ Play Plinko or Invest!

I always convert the half of my profit to usdt and the half will try to buy more coins. In this way I can manage well my profit and utilizing every single of it. I feel more secure if I do this as by doing this my future will be secure as well as my family.

And of course, I always transfer my coins to a hardware wallet as things are getting complicated now in online wallet. I can't imagine if my coins will be stole by those hackers.

Joriecoinbit

full member

Activity: 434

Merit: 105

Quote from: BARNEX on May 13, 2018, 02:03:07 AM

Investing more and more from win, will secure your profits and should increase them.

To be secured your profits put into your wallet that is legitimate in security. The most secured wallet that I use is coins.ph .But if you would like to continue growing your money ,you can continue invest money so that at the right time you can still earning huge profit as higher as your expectation.

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