Topic: Signs you should know to take profit from your crypto investment - page 3. (Read 859 times)

If someone is still unsure about what they are investing in, it is very important for them to be able to carry out in-depth research about the investment they are making so that they can invest correctly and don't let them make the wrong decision about the investment they are making, because if they are still unsure about The investment they choose will of course make them make mistakes in deciding to continue investing when they see a decline in prices or persist until they make a profit.

If you can ignore the anxiety of the investments you have made, it means that you have had a lot of experience from the investments you have made and have been able to enjoy many benefits so that you can survive whatever conditions occur.

People could very well feel a bit of a doubt when they are investing. After all, they are putting up their money in there and it makes sense that they may end up with nothing major, that will of course upset these people and should be considered a big deal. I am not saying that it would be all that crazy, it should be pointed out that we are going to end up with something major here, and the fact that we are ending up with something like a doubt or judgement towards the movement, that's normal.

I personally ignore all of that, even though I feel it too, but feeling something doesn't make me stop from making the right investments, and that is why I end up with as much of a progress as I possibly could, makes it that much better for me.

2. Reaching personal target goals

Depending on our preference - as for me, I can make an exit deal when I already gained 5%. But still subject to change depending on the trend which is why we should also be aware of the current situation and look for possible things to happen (continue to pump or dump).

Not all people who hold earn more, sometimes they lose the chance. It is very clear to us how the volatility of the market has given us the opportunity to buy low and sell high. Unfortunately, we usually miss it because of our greed and market temptation. Sometimes FOMO also have an influence on our decisions.

There would really be those hesitations since you do know that it might be a trap on which how many times this market did make out such move on the time that it might be looking on dropping
but it did go into the opposite direction.This is why you would really be ending up on having those hesitation on finalizing your plans or putting up your analysis because you do know those tendencies on dropping.
This is why it would really be that best that  you should really know on how to make yourself that versatile or would really be that having that kind of adjustment.

This is why it would really be that best that you should really be prioritizing on taking profits on the time that you do have that kind of opportunity on which not all would really
be having that kind of chance or making out the right decision just because of market unpredictability plus the mix of having those hesitation and
non sureness on how this market behaves or moves.

When the unbelievers start asking you about Bitcoin is a sign that the top is close, they are asking because the world is aware of the huge spike in Bitcoin price, the next big dip is near the corner, take your action before it's too late.

I don't tend to wait for this signs though because I have my own strategy, in every bull market I don't hesitate to take profit, it's the best time to take profit and it's also good to have profit taking strategy, like me, I will start taking profit when Bitcoin reach the past ATH of 70,000, I will take up to 10% profit at this range.

I will start raking profits from my altcoins depending on how or which one is topping the chart in my portfolio, if you know your entry level you should be able to figure out when to take profit, like investing on a project at 4million market cap for example, when it reach 40 million market cap it's not wrong to take your initial out and if it's a good one 400 million marketcap is possible, ride it along and start pulling your profits out.

This thread does not matter for HODLERS i believe ? though this is for short cutters that wanted
to take profit each time it is available and that is different from others perceptions , but the thread may serve its
purpose mate and indeed that this is for everyone that knows short term investing.
and be contented with small profit that is what people must understand and not just
to earn and gain higher when they cannot even hold their greediness.

Actually, I am not too allergic to stop loss if trading on bitcoin because of its stable price, I am afraid because the price of flash dumps tends to recover quickly even though it survives to devour 0.4-0.9% of each bitcoin chip. it makes me regret it even though the next few days bitcoin fell after I bought it too hastily. But sometimes I also ignore if trading is not on bitcoin (alternative) which rallies every scenario very high in small time frame fluctuations. The potential in network prices in my opinion can trick the view and make things seem real but only illusory. Price action makes speculation so pronounced with red tube bubbles that suddenly get bigger. Sometimes I get stuck between my target at a certain price but I sell too fast and hope that the lowest price will be found again. and not infrequently I buy above the price I sold yesterday.

the only problem with such strategy is when the market showing obvious sign of falling, will you still persists with your initial strategy, it will be hella difficult decision to make, whether to follow strategy or just dump it, because if we missed the opportunity we will be at lost, and if we try to be more flexible enough we definitely gonna go further from the initial plan.
thats the thing with this strategy i've tried many time, for example buying at price of $0.1 im gonna cash it out at $0.25 but alas when it reached $0.2 it falls instead, i would have made good double profit if i just dump it at around $0.2 since usually the sign is kinda obvious but well sticking to strategy definitely some time cost a lot.

Having a target price and goal, that's more than enough for an investor and it's already a win. But for the day traders, there's always the correlation with the chart and movement of Bitcoin and they need to do that because it is their full time job.

When someone has already reached his target goal and price and didn't managed to take profit, that's his problem because of greediness. And that's what every investor and trader needs to control upon looking at the filled price that we've been waiting. This time, I am sure that many are still going to be greedy when the bull run comes, they think that these parabolic moves will happen as soon as possible they've seen but it might take time again and years before it happens, so, take the chance and opportunity and take the profits. Not telling that all of it you should but still leave some for the next run.

I will say: "Reaching personal target goals".

This could be the best or one of the best reasons to sell and take profits, and specially if you are a beginner, you can used this strategy or goals at the start and then see how it goes for you. Or let's say your objective is to save like .1 BTC and then you are going to sell if it reaches $100K.

If by chances everything falls into pieces, then you can sell some or all of your Bitcoin and take profits and enjoy, rinse and repeat or make some tweaks.

I have been in this situation many times at the initial days of investment as well as trading then I started using stop loss once my personal target is achieved. Many might say they will take profit once the target is reached but in reality that's not the case as greed makes them to aim for higher target as a result they end up losing. I think this is a disciplinary step which is must in crypto world and diverting from this will surely result in unexpected results which most of the time is negative.

Everything the OP is writing is too much, taking profits is a very simple thing to do, we shouldn't make it complicated. When you're in profits you can take profits when you're trading but when you're investing and not trading then you can set a target to take profits when you reach that price. I set goals for myself and when that goals is reach I take profits regardless of the season we're in. Taking profits can be done in the bull market and also the bear market.

If you want to be greedy that's on you as you'll bear the consequences of not taking profits on time but if you want to extend your hodling period then you can sell and take out your initial investment then you can hold the rest coins you have in 100% profits and this will make when you want to sell you'll be selling all the coins you have in profits and not at lost. Don't leave all your capital and profit in a cryptocurrency.

Once my set goals have been achieved, then that would be enough reason for me reap the profits from my investment. Know that crypto investment is quite unpredictable, you might be in profits today but suddenly you’ll end up losing your expected profits after a day or two, so it’s really necessary to sell and take your profits once it’s already there. Otherwise, if you keep on missing opportunities to sell and make profits, you will never be able to sell anymore at your target price goal.

There is no argument about this and it has to be a realistic target and not an elephant target that won't be met until the bull run is over  The volatility is always high during the bull season, so setting a realistic measure for taking profit is better and can be easily reached. Again to have technical idea of price movements, support and resistance can also be helpful. Like those who bought at higher high, if they where able to interpret technical analysis, they can know it was time for retracement.

However, the problem is that of greed. If a hodler is setting a longtime plan, he should know if it will be realistic in the current bull or the future. So set a target and take your profit on it if you get there. Don't readjust because of volatility that is in the market it can cause more harm than profit.

Many think that the halving time can up lift the price of the crypto. It may be true but I won't say we are now going to profit at max percent because there is more to come after it. Like you, others believe too that ATH can only be attained a year after halving but the majority thinks it will occur on the same year as the halving. We can even think that after it will be a correction first. I am not aware of other post halving performance of cryptos other than in 2018 and I know, the price of cryptos are dumping during it. This is what I'm talking about. The same year was also the start of the fall of ICOs. But it was a good thing since almost all of them are a scam.

1. Over extended price movement

If you do saw that it is really that making that huge green candle or having that kind of upward movement in an extended period of time. Then it would really be just that wise
that you should really be considering on taking up profits before its too late. You should really learn on how to make yourself that been able to secure out
because we know that the market cant really just that move up forever on which you cant really just rely into those things and would really be just
simply trying to secure as much as possible.

Taking profit is what what most important thing to consider specially on this market on where you would really be needing up to
secure those gains if you do have the opportunity on doing so.

Network activity is not a good indicator because it's not economic activity, it's just speculators or it could even be fake activity created by the devs. If fees are close to zero, it costs nothing to spam transactions.

People should be really asking whether the coin is used in real world for real applications and not just trading it on exchanges, because the answer is always "no", and useless coins will always fall to zero in the long run.

I had the same assumption about this one. Of course, every investor has their own profit target that must be adhered to when investing, depending on how long the time frame they want. That's called the initial plan, where they have to sell when the profit target has been reached. I think I'll consider it too, but I might need to make some adjustments if I see potential for a higher upside.


I don't know how much, but in the past, many people admitted that they regretted selling all their bitcoins in the bull run when they finally found out the highest value that bitcoin had reached. Sometimes, waiting patiently a little longer can be more profitable, but in some cases they also miss the opportunity to sell at the highest price.

That seems like a proper calculation. If you buy before the halving and sell one year after, you will probably make the maximum amount that you could make from it. I am not saying that has to be the case at all times but so far it has been the case and there is no reason why it shouldn't be next time around neither. I get that people are worried, they are feeling like it could be a trap, it happened before so everyone will jump in and someone will trap them and make money.

However, I do not think that anyone is looking for something like that, everyone is happy for the fact that it is going to be fine, we are not going to really end up with a trap. I think what we think will happen, will be the thing that will actually happen.

A 20 minute feature on the news about BTC was quite amazing to me like 10 years ago.   That was a sign to sell or at least its a sign the hype or awareness in the market was very full at that point.   We top out when everyone has bought in, considering not everyone can buy and typically people will talk about BTC far more when they do buy then you can pretty much judge the market by the volume of discussion I have to agree on that point.
  Also can flip this idea and really this is the more profitable of the two, perhaps some would say its more risky but if you buy admist the gloom then typically the price is far lower sometimes massively lower then it should be.  In value terms buying into gloom into an atmosphere nobody is bullish or at least not in a way they feel like expressing especially is probably more obvious if anything and easier to do then judge the top and hype.  
 What really marks a top is a double top, so go back to the last ATH and we did quite clearly outline the top prices with the 2nd attempt at a high lower then the first. Descending mountain peaks should set off sirens in your head, a failed attempt to recapture a peak is fairly reliable in marking a bearish movement.    Inversely I would say watch the lows or lowest prices on trend, if the lows are increasing its a hidden positive even if we appear to be going nowhere.   The peak prices are like frothy or water boiling over, its not often so accurate but lows are more certain and tested in their strength and so accuracy.