I hope you all are enjoying the BTC ride
in Some youtube videos I heard some analysts talk about taking profits in bitcoin without selling bitcoin. some of them even said that they doubled their Bitcoin amount in this bullrun. They don't explain how exactly to do that.
I tried to research and can't find any way to do that in any of the exchanges I use such as kraken, bittrex or coinbase.
The only way I know of, to take profit of bitcoin bull run is to sell some bitcoin which means the bitcoin holding will reduce.
So, I am just wondering is it really possible to take profit without reducing bitcoin holding? Am I missing something here?
Thanks
I think the only thing you missed out on is that you missed out on falling victim to their pranks. Trust me, it's better to stay away from such advertisement because of the temptation to eventually click the link. In really happy you didn't fall victim.
The only way you take profit is by selling. Trading requires that you sell and buy. You buy certain coins at a low price and you sell when it becomes higher to make some profits.