How to take profits? - page 7. | Bitcointalksearch.org

judeafante

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Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

It depends on the coin you're holding and you're patience if You're holding Bitcoin and your projected income is 5 times your investment and you have the means to support yourself and hold your wallet in a long term then go for it, as long you're invested what you can afford to lose, and you're holding a coin that has proven its potential you can go hold it, in general, the market is very volatile and there's always a chance to make a profit if you're following the market you can grow your portfolio by taking profits it's always recommended to take a profit because we are investing and everyone wants yield on their investments

isaac_clarke22

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Quote from: feeling sound on August 03, 2022, 11:46:39 AM

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That is where your actual strategy comes out. Another strategy would be taking it all out then investing either 90% or 50% of it to a cheaper coin so that you would at least not just end up breakeven at the average case scenario if not in the worst case scenario of getting losses instead.
What I did in my long-term holdings was take out the profits only and keep the initial going until I do not see it going anywhere soon.

wheelz1200

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Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

It depends on what your goal is. If you want to shed risk then yeah I'd pocket my initial investment in that case you presented. Then trade the 200 which is essentially house money at this point. Then aggressively trade that if you are looking for big hitters. Never bad to pocket profits though if your goal is capital retention.

Psynthax

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that sense of missing your potential profits could be identified as greed and it could gets you losing your investment if you continued holding for much more time even if the investments you are holding already hits ATH.
I think you should take profit if you think you've already made quite the number of profit and could always reinvest, that way you aren't gonna miss out the chance of taking profit instead.

Oilacris

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Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

Depends on you but in general sense you could really take advantage on getting profits on realizing it or making it real because if you havent sell then those are just imaginary ones.

People are different when it comes to approach whether they are patient enough to look for profits in a short time or would really be holding no matter what.

Dont listen up into others suggestions and advises and rather stick to yours whether if you do see that reinvesting those profits would be ideal and effective for you then
go ahead.If you are really holding for long term then stick to it and wont mind about these movements.

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

You are asking a question like there would be an unified solution for this. There are TA experts disagreeing with each other, hundreds of different indicators that some people swear to, and some dislike most of them. Reality is that most of people can't sell the top, because it's just mathematically impossible. It's a zero sum game that might bring money if you enter and leave right time.

But NO ONE knows when to enter and exit. It's just a game of probability and these probabilities aren't that high.

boty

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★Bitvest.io★ Play Plinko or Invest!

Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

honestly i will take my initial investment and some profit to growth my initial balance.the rest will hold as long technically or fundamentally support its movement. Its be risk free and we will not worry if suddenly market change its direction. As traders we have to know basic reason why we trade, profit be our main goal and we get we have to secure it dont let it be losses.

iv4n

legendary

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I think most of us are in the same dilemma! Well, after a long time I learned that you can't trade if you don't have some holdings on a side... cause trading with everything you have it's like you are gambling with your whole bankroll and you hope for the best!

Simply said you have $300, put $200 in the coin you believe in, and use $100 to trade and try to swing a bit if you think it's a good opportunity for that! Either way, you will always have your holdings, it's like another chance for us to try something again if things go the wrong way!

And one last thing... how to take profits depends on your desires! For example, when I wish for profit I would like that to be in more coins, not in dollars or euros... and some people aim for more dollars! You need to know what you wish to have more.

Anonylz

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I would say depending on the market period, taking profit during this period will not be such a wise move as the market is yet to recover. if you take the initial investment out at this time, you will be missing the opportunity to earn more when the market fully recover, and besides taking profit to reinvest now won't be profitable because market is already too down and the probability it will go lower is slim.
Take out your initial investment when the market is at the peak, hold the rest if you want you can reinvest all or just 50% of the initial investment when the market is down.

passwordnow

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Leading Crypto Sports Betting & Casino Platform

Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

Either of the two. It's all up to you how you're going to expand that money of yours and both options are good if you want to invest in another crypto.
There's really no magic on it although you are getting additional risk as for getting new crypto to invest that's the ideal one because that is what the majority does. Just do what you think is right and the experience will tell you if did it wrong or right.

kamvreto

legendary

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MAaaN...!! CUT THAT STUPID SHIT

Actually this is very easy, if you are satisfied with these benefits, take all the profits and invest again to get other benefits. 300 Euros to 500 Euros of course you have got a profit of 200 Euros. You don't complicate things when they are actually easy.

Everyone has a different point of view on how to take advantage, of course you have to get these benefits and don't let them lose.

hashrateproducts

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Quote from: Muslimin mj on August 03, 2022, 12:50:40 PM

many people lose their assets because they forget the initial investment assets because their predictions and targets do not match. even though they have made a profit, but they forgot to withdraw the initial investment asset. so my advice if you have profited more than 50% of your initial assets then you better withdraw your initial investment and re-invest in other coins that you think have good potential in the future.

Withdrawal of profits are sometimes forgetten or simply ignore because some Investors and traders see it as not yet I'm to withdraw, and before they know it, they will liquidate all their coins. Profits should be withdrawn on all possible bull trade, because one never knows the next position of the market. The market fluctuate and very difficult to predict which coin while dump and the one that will be pump. Profits should be monitored on all trade and fully withdrawn so the aim is to know whether you're progressing or retrogressing.

Muslimin mj

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Goldeth.io

Quote from: feeling sound on August 03, 2022, 11:46:39 AM

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

many people lose their assets because they forget the initial investment assets because their predictions and targets do not match. even though they have made a profit, but they forgot to withdraw the initial investment asset. so my advice if you have profited more than 50% of your initial assets then you better withdraw your initial investment and re-invest in other coins that you think have good potential in the future.

ryzaadit

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If you feel and believe the market is going up but want a safe investment.

Then, taking initial investment and keep the profit on your coins is a good way. In-case some shit happens and you miss prediction, then you're only losing estimation profit not your money. Most mistake people is not taking the initial investment, and keep holding while they don't know anything about the market it self.

Ended with loses ~XD Especially while you're trading with shittoken/meme. The volatility is really high, you need to secure initial investment first.

masulum

legendary

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hmph..

Actually, taking initials and taking profit are not that different. For example, if you go from 300 to 500, you make a withdraw for 300, that is, you have withdrawn 200 from profit and 100 from Capital. This is then considered a return on investment. Most of my friends, will make periodic withdrawals, ranging from 40% - 60% in withdrawals to achieve ROI. After achieving ROI, now the money traded is purely from the rest of the money saved.

I also will not invite you to do the same method, because everyone has the freedom to choose/make a decision.

feeling sound

newbie

Activity: 28

Merit: 9

I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.

Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?

How do you guys do this ?

I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.

Topic: How to take profits? - page 7. (Read 968 times)