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Topic: Signs you should know to take profit from your crypto investment (Read 936 times)

legendary
Activity: 3094
Merit: 1127
Personally I feel all this facts are shjt and they don't work, yeah bitcoin might show different signs to complement different outcomes but we can't well know if they would really happen, okay did bitcoin show any of these signs before going down from 72k, we can't always depend on analysis as investors,sometimes this stuff don't work and can cause you to make very bad decisions that you would regret.

I think the bitcoin chart on the daily TF showed signs of that before dump from $73k to $63k in a few days. You don't need to completely believe in any other user's analysis results if you have a long-term plan with your investment, meaning you just need to hold for a longer period of time instead of selling because of the influence of other users. Yes you will probably regret the decision to sell once the price recovers, but at least these signs can be considered if you are a trader.

I don't have any problems with the current price dump, for me it is normal after Bitcoin is over bought. Price corrections give us the opportunity to accumulate, but it still needs to be adjusted to budget availability and strategy. There is no change in the plans that I am currently thinking about, even though I have actually seen the volatility of the value of my investment assets, holding is still the priority at this time.
Not really that much that hurts when it comes to that dump on which it is really just that a normal healthy correction considering that the market cant really be having that pumping state like forever.
There would really be those people who would really that easily panic on the time that they've seen that the market would really be giving out that kind of decline on which even just seeing some reds into their
portfolio they do really freak out on what they are seeing on which it is really just that a common thing that we could have into this market. This is why it would really be better that once you do step
your foot into this space then it would be always best that you should be anticipating with those drops on which it is really just that normal.

Taking profits is something that you should prioritize and never ever make yourself that too greedy because once you do have this kind of behavior you would really be
that able to miss out tons of opportunity.
legendary
Activity: 2618
Merit: 1181
Personally I feel all this facts are shjt and they don't work, yeah bitcoin might show different signs to complement different outcomes but we can't well know if they would really happen, okay did bitcoin show any of these signs before going down from 72k, we can't always depend on analysis as investors,sometimes this stuff don't work and can cause you to make very bad decisions that you would regret.

I think the bitcoin chart on the daily TF showed signs of that before dump from $73k to $63k in a few days. You don't need to completely believe in any other user's analysis results if you have a long-term plan with your investment, meaning you just need to hold for a longer period of time instead of selling because of the influence of other users. Yes you will probably regret the decision to sell once the price recovers, but at least these signs can be considered if you are a trader.

I don't have any problems with the current price dump, for me it is normal after Bitcoin is over bought. Price corrections give us the opportunity to accumulate, but it still needs to be adjusted to budget availability and strategy. There is no change in the plans that I am currently thinking about, even though I have actually seen the volatility of the value of my investment assets, holding is still the priority at this time.
sr. member
Activity: 98
Merit: 55
Personally I feel all this facts are shjt and they don't work, yeah bitcoin might show different signs to complement different outcomes but we can't well know if they would really happen, okay did bitcoin show any of these signs before going down from 72k, we can't always depend on analysis as investors,sometimes this stuff don't work and can cause you to make very bad decisions that you would regret.
full member
Activity: 1414
Merit: 236
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Quote from: takuma sato
I think anyone reasonable should be taking profits if you have been here from the bottom. If you got in at 15-30k you are up a great deal. In perspective, to get a 2x you need around 7 years in the SP500. Things don't go parabolic forever. Of course that BTC will go higher, but the risk of holding through a big dump is increasingly higher too as it keeps going up at this pace. Corrections are needed for a sustained long term rise without ridiculous dumps that will end up scaring future investors with higher networths that aren't going to want some insane volatility.
I believe you know that the price has rise above $50k and those that buy at $20k or $30 has make a good profits from their hodling but those that bought at $40k will not sell their BTC when the price rise to $50 because, the profit will not going to be big for them like those that sold their BTC when the price rise to $72k.

Whenever you are hodling BTC for long period of time, ensure you prepare for it by having something doing that will be giving you money to buy what ever you want so that it will not allow you to touch the BTC until your target price come to pass.
sr. member
Activity: 322
Merit: 449
I think anyone reasonable should be taking profits if you have been here from the bottom. If you got in at 15-30k you are up a great deal. In perspective, to get a 2x you need around 7 years in the SP500. Things don't go parabolic forever. Of course that BTC will go higher, but the risk of holding through a big dump is increasingly higher too as it keeps going up at this pace. Corrections are needed for a sustained long term rise without ridiculous dumps that will end up scaring future investors with higher networths that aren't going to want some insane volatility.
sr. member
Activity: 2604
Merit: 338
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You can never win as a profit taker, all you need to have in place is good profit taking strategy, I sold some altcoins willingly today because I am in huge profit, like over x10, I believe that's a good gain already, and I am still holding some, I plan to use this money to invest in some early start up projects, it was how I found the x10 project anyway.

I have many alts that are up in massive gains, and taking profit in this period of time is not what I always do, I prefer holding until bitcoin makes a new all time high but the gains are just too much, and k started feeling like a bigger correction before the upcoming Bitcoin halving is likely.

It's always those who got greedy that keep missing out, anything from times ten of your initial investment is already good enough, I mean you can't even make this from bitcoin investment in a massive bull, so it's not bad at all to take profits.
x10 on your investment or with your position is already considerable to take out those things but taking out those profits is never been that simple as it sounds. Why? If we are on a condition that we are already
into these gains but whats up into our mind is that we do really like to see 100x or even 1000x and this is what we do have in our minds and this is why we would really be holding up our position
and having those kind of hopes that we we would really be able to reach out those target and  this is why we do caught ourselves into dumps and this is really always the usual sad story in the end of the line.

This is why it would really be always best that you should really be having that taking profit no matter what gains it could give out as long it do hits up that kind target.
It is really just that a matter of choice whether you would really be choosing up to hold your position or you would really be that securing profits.
It is always that depending on your choice and risks taking because not all would really be thinking up on the same way.
People are naturally greedy, they wont really be taking up those profits not until they would be able to hit up those multipliers that they do have in mind. lol  Grin

Profits is profits and this is something that you would really be needing to secure out if you are really that into crypto space on which the market is really that unpredictable.
You could really be able to make money and same goes on losing money too. This is why you should really be careful on whatever decisions that you are taking.
This is why it would be always best that you should really be taking profits whenever you do have the opportunity.

It would be always best on having this kind of approach on whatever you are currently dealing with. Always secure profits!
hero member
Activity: 2730
Merit: 632
You can never win as a profit taker, all you need to have in place is good profit taking strategy, I sold some altcoins willingly today because I am in huge profit, like over x10, I believe that's a good gain already, and I am still holding some, I plan to use this money to invest in some early start up projects, it was how I found the x10 project anyway.

I have many alts that are up in massive gains, and taking profit in this period of time is not what I always do, I prefer holding until bitcoin makes a new all time high but the gains are just too much, and k started feeling like a bigger correction before the upcoming Bitcoin halving is likely.

It's always those who got greedy that keep missing out, anything from times ten of your initial investment is already good enough, I mean you can't even make this from bitcoin investment in a massive bull, so it's not bad at all to take profits.
x10 on your investment or with your position is already considerable to take out those things but taking out those profits is never been that simple as it sounds. Why? If we are on a condition that we are already
into these gains but whats up into our mind is that we do really like to see 100x or even 1000x and this is what we do have in our minds and this is why we would really be holding up our position
and having those kind of hopes that we we would really be able to reach out those target and  this is why we do caught ourselves into dumps and this is really always the usual sad story in the end of the line.

This is why it would really be always best that you should really be having that taking profit no matter what gains it could give out as long it do hits up that kind target.
It is really just that a matter of choice whether you would really be choosing up to hold your position or you would really be that securing profits.
It is always that depending on your choice and risks taking because not all would really be thinking up on the same way.
hero member
Activity: 1428
Merit: 653
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Quote
2. Reaching personal target goals
When i was that active following up some of my altcoin investment back then I don't fails to take profits when my target is reached and met, because sometimes if we don't follow this principle we might up losing all entirely because we refused to follow up our personal target. Investment needs smart people and if you are smart enough it could be hard for you or anyone else to lose heavily in altcoin investment because I know only altcoin that people panic to sell off their investment but for bitcoin I hold tight.
hero member
Activity: 1022
Merit: 600
 One of the tools I use is Fibonacci retracement as an indicator to start taking profit, especially when we create a new all-time that is, when we have established new levels that haven't been reached before in price, So Fibbo levels are a very good indicators to use in this case. Secondly, I take my profit from when I start to see 30% gain in my portfolios.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'

I have no doubt that 60k will come this week... and we would break the pattern if the ATH comes before the halving... In this case, breaking the pattern, I ask the more experienced here: What would be the thesis of identifying the target? since we would only have psychological targets... I know that no one has a crystal ball, but I wanted to know, if possible, what yours theory is.

In the bear market, I used partial purchases on a 50% price drop to take advantage of a possible pullback... and then larger entries on a 70-75% price drop from the ATH

However, I still feel a little unsure about identifying the target, I know that the best way is to gradually go out at the average price.

Unfortunately, or fortunately (depends on your point of view) I still need to use position trade to be able to build capital.

Well what is your avg cost of your corn?

Ie if you spent 30k for 1 btc. and want to sell 10% right now at 53k it means you turned 3000 into 5300.

Since you want to trade you could do  a ladder up for 50% of your corn which is not terrible.

Ie out of 1 btc

0.1 at 53,100
0.1 at 58,300
0.1 at 63,200
0.1 at 68,100
0.1 at 74,050


that leaves you with .5 btc and over 31,675 cash

which would not be a terrible partial exit for a trader.


To all dca and hodl people the above is a method for a person looking to trade.


myself

I held 85% of my btc

and did a ladder up that still has 2 legs left.

 I have two sell orders in
61,111
69,755

I am doing a dca with my signature earnings

.

This is a way to get some $cash but still stay in BTC.
legendary
Activity: 2744
Merit: 1878
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Trailing stop loss is a good order to know then you dont want to compromise yourself by constantly watching and getting over anxious on every movement.  Find an acceptable leeway or margin of error that might allow the price to move up and back a bit and bring your stop loss up a bit each time.  When price action violates your set amount of margin of safety then you sell and you might be asleep at the time and its ideal.
-snip-
The use of a Trailing Stop Loss is quite ideal and can be very flexible for those who do not want to continue watching the charts closely.
This will save time, it will be quieter because everything has been set by the trailing stop loss

And there are many tools that can also be combined to complement the trailing stop loss, but as a trader you also have to understand what are the uses.

The use of stop loss makes the mind calmer without excessive stress as you feel when trading without any stop loss.

STT
legendary
Activity: 4102
Merit: 1454
Trailing stop loss is a good order to know then you dont want to compromise yourself by constantly watching and getting over anxious on every movement.  Find an acceptable leeway or margin of error that might allow the price to move up and back a bit and bring your stop loss up a bit each time.  When price action violates your set amount of margin of safety then you sell and you might be asleep at the time and its ideal.

 I find if I watch too much, worry and over think it then I sell too early and even worse dont rebuy on any sell off.    Private investors mistakes are repeated so commonly there are many sayings to describe the classic behavior but selling winners and holding losers is normal profile that we should avoid resembling in our actions.
legendary
Activity: 2618
Merit: 1181
Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.

What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
Many people delay taking profits because they want bigger profits. If market conditions are good, higher price increases can be achieved. But market conditions will not always be like that. We must be wise in taking advantage of the situation.

The investment strategies you talk about may be very profitable if you have a lot of time to engage in these volatile markets. We all know that there are no restrictions preventing you from making improvements to your plan and building a portfolio, you can try anything, including selling at a high price, then waiting for a correction and buying again.

Long-term holders may not like to change their investment plans and goals midway. They focus on their strategy and consistently build their portfolio over the long term. They don't sell just because prices rise a few percent, but they buy and accumulate over time and make their portfolio bigger.


Maybe they can sell some of the coins to make a profit. They could still hold onto the remaining half if the price could continue to rise. If the price immediately decreases, at least they have taken the profit and can buy again at the lowest price.

It's about how we can take advantage of the situation. Most people, when they see a high price increase, don't immediately sell their coins but wait a while to make sure the price can rise again. This is what causes them not to take advantage. This should not have happened and they can take advantage of it.

There is nothing wrong if you are able to take advantage of price volatility to build a stronger portfolio. People with a low investment budget are likely to like such schemes, but not all investors do.
hero member
Activity: 686
Merit: 403
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You can never win as a profit taker, all you need to have in place is good profit taking strategy, I sold some altcoins willingly today because I am in huge profit, like over x10, I believe that's a good gain already, and I am still holding some, I plan to use this money to invest in some early start up projects, it was how I found the x10 project anyway.

I have many alts that are up in massive gains, and taking profit in this period of time is not what I always do, I prefer holding until bitcoin makes a new all time high but the gains are just too much, and k started feeling like a bigger correction before the upcoming Bitcoin halving is likely.

It's always those who got greedy that keep missing out, anything from times ten of your initial investment is already good enough, I mean you can't even make this from bitcoin investment in a massive bull, so it's not bad at all to take profits.
hero member
Activity: 2604
Merit: 816
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Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.

What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
Many people delay taking profits because they want bigger profits. If market conditions are good, higher price increases can be achieved. But market conditions will not always be like that. We must be wise in taking advantage of the situation.

Maybe they can sell some of the coins to make a profit. They could still hold onto the remaining half if the price could continue to rise. If the price immediately decreases, at least they have taken the profit and can buy again at the lowest price.

It's about how we can take advantage of the situation. Most people, when they see a high price increase, don't immediately sell their coins but wait a while to make sure the price can rise again. This is what causes them not to take advantage. This should not have happened and they can take advantage of it.
hero member
Activity: 3220
Merit: 678
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Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.

What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
They may have various reasons but all of them needs more money in general for them to do such act, but they can always do it in a much safer way, and that is by securing most of their profits first and just leave a couple of coins just in case the price continues to rise, but if not, losing it won't be that heavy for us to accept because it's only just a small amount anyway.

Waiting might be difficult for some who lacks in patience, but I am sure all traders has patience because trading is also not easy, so they can definitely wait if they want to earn more profits. We might be doing trading here but it seems this variation of trading we are talking here still has a resemblance of investing.
legendary
Activity: 2100
Merit: 1042
HODL
~snip~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.

FOMO and greed both have an influence on the final decision. Even though you have made a profit, you still don't have enough and you are not satisfied, but when the price starts to fall you panic and want to sell. controlling not to indulge in fomo and greed is very difficult. Earning more will be very difficult when greed cannot be controlled. there would be no top targets achieved, even having a small advantage was already quite lucky.

Traders wouldn't want to take away profit and leave, instead they will want to build on having more and at the cause they continue to loose instead of making the intended profit, trading is not what we can go into without first understanding the kind of person we are, this is not about taking risk on investment, we should also learn to play safe with our investments, fear and greed should be dealt with in anything we are doing in cryptocurrency.

It sounds easy to say and it's easy for us to give advice to others. But when we find ourselves in that situation, can we do what we advise others to do? Greed and fear are two things that very few people can control or control. We need to have many experiences and lessons, not just simple thoughts and thoughts that we can do it.

Most people lose money in the financial markets so due to their greed, and you can easily see that there are not too many people who make money in this market.
legendary
Activity: 2716
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Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.
In terms of trading, you must always prioritize profits while they are still clearly visible in the market, although it is also not wrong if a trader wants to postpone taking profits when he has seen them for quite logical reasons. Because bigger profits are still possible to obtain as long as he can wait and be patient with market conditions like today, which everyone has probably realized that current market conditions are still quite possible for traders not to immediately sell their holdings.

Quote
What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
In the investment category, this should be done more differently if what is invested is Bitcoin, because Bitcoin can be quite possible to invest in the long term so you don't have to sell it in the short term even though you have made a profit. Moreover, in this year everyone has probably seen some of the positive effects that have occurred in Bitcoin so it is quite reasonable for Bitcoin holders not to be too afraid to hold and not too reckless in taking small profits through increasing prices in the market at this time.
member
Activity: 348
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Traders wouldn't want to take away profit and leave, instead they will want to build on having more and at the cause they continue to loose instead of making the intended profit, trading is not what we can go into without first understanding the kind of person we are, this is not about taking risk on investment, we should also learn to play safe with our investments, fear and greed should be dealt with in anything we are doing in cryptocurrency.
Those who delay taking profits for various reasons that they have of course this can make them miss the profits they have made and have to wait for a price that can be profitable for them again and this is very difficult because we have to wait again and if the price cannot return Of course we will experience losses in the trades we make.

What you said is right, this is not about taking risks in investing and we also need to control ourselves from greed in trading and investing so as not to experience losses that make us lose the assets we have because of this greed.
hero member
Activity: 714
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~snip~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.

FOMO and greed both have an influence on the final decision. Even though you have made a profit, you still don't have enough and you are not satisfied, but when the price starts to fall you panic and want to sell. controlling not to indulge in fomo and greed is very difficult. Earning more will be very difficult when greed cannot be controlled. there would be no top targets achieved, even having a small advantage was already quite lucky.

Traders wouldn't want to take away profit and leave, instead they will want to build on having more and at the cause they continue to loose instead of making the intended profit, trading is not what we can go into without first understanding the kind of person we are, this is not about taking risk on investment, we should also learn to play safe with our investments, fear and greed should be dealt with in anything we are doing in cryptocurrency.
hero member
Activity: 2100
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It's true, that most new investors don't have a proper exit strategy and this makes them lose their earned profits because they don't sell their assets on time thinking that the price might go higher and then they will have more profit while it isn't always possible for a cryptocurrency to continue going up because the market is highly unpredictable and an asset can have a reverse at any time when it comes to its price. So exit as quickly as possible if you are already in profit instead of waiting for a better opportunity.

It's not possible for anyone, even experts, to perfectly time the cryptocurrency market whether it's about buying or selling, so the best one can do is to take whatever profit they are getting and exit the market if they can see that the market is unstable at that particular moment.
sr. member
Activity: 756
Merit: 356
Another sign is when your exit target has been reached. If you had a target to sell at $50,000, you should sell and not allow other to convince you. Many people will always be saying Bitcoin will continue rising but Bitcoin takes a break after rising for sometime and I think we're around that period that Bitcoin will experience a correction therefore my advice isn't for holders but traders.

I totally agree with this.
Sometimes you start an investment and you say to yourself that you'll sell at a certain price. By your calculations, you will make a certain percentage of profit by then because you plan to use the money for something maybe. Then when the time finally comes and the price of Bitcoin is around the range you wanted, you might get greedy or enticed by the upward slope of the price, and before you know it, the price has started going down and it might even go lower than your initial target.

I know that this can work both ways, it can work in your favor or against you, but if you have set a target and you want to use the money for something, that's feel you should stick to your initial plan even if the price keeps rising.
sr. member
Activity: 2604
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We wont really be needing any sign if we do speak about securing profits with our investment. Secure it out when you are already that contented.
TP when happy and with those common lines might really that something that basic but this is something that you should really be prioritizing.
Some people do held their position until they would be caught on the dump and ending up on holding for another cycle.
So you should really be wise on making those decisions.
We could definitely take profit when we feel like we have profited enough or we think that the peak is near and we are going to crash. Too many people end up thinking that they are going to end up with a trouble and we should probably avoid that as much as we possibly could, there is really nothing else we could do about it. I hope that the best thing we could do right now about this market situation is to just focus on when to get out, and if we could find a way to do that then we are going to be fine.

Hopefully, life will be a lot quicker and we get to that bull run period, because waiting also makes some people need money eventually, the longer you wait the more chance there could be something in your life that requires money.
All matters with someones choice and personal targets when it comes to investment on which we do have that kind of threshold and take profit limit or lines on which we would really be immediately taking out
such step for us to be that able to at least secure those profits if we do have the chance or opportunity on acquiring so. Just like on what been said earlier is that people are really that having those feeling of greed
and wanting for more on the time that they are already making profits on which they would really be holding into their position just because they do have the hope that the price might be shooting up further more.
If it does then you are lucky but if not then you have just wasted a golden opportunity for you to make those assured profits on which everyone is really that targeting into.

It is really just that on someones perception and assurance that they would really be securing out those profits on the time that they've seen those chance but
but due into that human greed then this is where things gets messy.
hero member
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People do miss out those opportunities and ended up on having those regrets. Just like been said that learnings do comes from in the end and not from the start.
With those experiences that you are able to encounter. You would really be finding yourself that be able to learn from it on which on next time
then you do already know on what you should gonna do on such situation.
Greediness is one of the common problems here. Many people missed the chance because they thought that there was more and declined to sell. Honestly, only a few get into it because this kind of mistake still exists. I think, most of us are still emotional and too optimistic which is not good anymore. We need to learn how to analyze the market situation and keep in mind that not all the time we need to hold, we also need to sell when prices satisfy us. Making a high target is not a good practice but rather make it achievable so we don't miss some earning opportunities. We need to think and I think at least having 5-10% ROI is good enough.
sr. member
Activity: 2296
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This is a good post for those doing short term investments in Bitcoin as it offers them the opportunity to exit the market at the best times. The only challenge with liquidating the entire assets in the form of taking profit is that most times the money taken out of Bitcoin will most likely return to Bitcoin and may be spent in other things or invested in other assets when Bitcoin still remain the best asset to invest in. Because of this, I do not consider liquidating my entire asset even if Bitcoin makes a new ATH, I prefer holding as long as it is necessary.
Each person has their own preferences in terms of saving and also in terms of investing by creating their own time period in an asset such as Bitcoin. And I think for now it seems it would be wise to hold it for a little longer term because Bitcoin has passed the $50K price which is generally a very good thing because I personally never imagined that within this month Bitcoin would be at that price. But in reality it is and it is really good for Bitcoin custodians and for investors who don't like to exchange Bitcoins in a short time.
This is where plans and analysis would really be applied and its true that it would really differ to each other but we are sharing up on the same common goal on which is to make money or profit.
Taking profit decisions would really be always talking about having those gains or greens into your port. There are really just those people who are really that just that too greedy on the time that they would be seeing that they are making money on which they have forgotten that they should really be taking profits on the time that they do see some gains and not wait up for some dump.

People do miss out those opportunities and ended up on having those regrets. Just like been said that learnings do comes from in the end and not from the start.
With those experiences that you are able to encounter. You would really be finding yourself that be able to learn from it on which on next time
then you do already know on what you should gonna do on such situation.
sr. member
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Each person has their own preferences in terms of saving and also in terms of investing by creating their own time period in an asset such as Bitcoin. And I think for now it seems it would be wise to hold it for a little longer term because Bitcoin has passed the $50K price which is generally a very good thing because I personally never imagined that within this month Bitcoin would be at that price. But in reality it is and it is really good for Bitcoin custodians and for investors who don't like to exchange Bitcoins in a short time.

For the short term, Bitcoin trading at $50,000 isn't good as many traders will begin to take profits and this will bring selling pressure that'll make Bitcoin to drop in price. A sign to know when to take profit for traders or those that are investing for the short term is when Bitcoin starts getting to many praises and we're not in the bull market season. The hype will make traders and Investors to start taking profits. Another sign is when your exit target has been reached. If you had a target to sell at $50,000, you should sell and not allow other to convince you. Many people will always be saying Bitcoin will continue rising but Bitcoin takes a break after rising for sometime and I think we're around that period that Bitcoin will experience a correction therefore my advice isn't for holders but traders.

hero member
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The thing is that as a cryptocurrency investor you have to have a timing in any of the cryptocurrency that you want to purchase depending if you are into a long time investment or a short-term investment and if you want to purchase a Bitcoin ensure that you have make a proper research before investing in Bitcoin because a bullish season does not have any sign to show it comes unexpectedly and not everyone that utilizes it based on the time the purchase they are coin or they are Bitcoin so it is advisable to purchase Bitcoin when the price is low and expect it in bullish market so that you make a profit but in so many of us does not like to purchase Bitcoin when the market is unbearish so that is one of the things that makes Bitcoin many people always be unlucky to purchase bitcoin.
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We wont really be needing any sign if we do speak about securing profits with our investment. Secure it out when you are already that contented.
TP when happy and with those common lines might really that something that basic but this is something that you should really be prioritizing.
Some people do held their position until they would be caught on the dump and ending up on holding for another cycle.
So you should really be wise on making those decisions.
We could definitely take profit when we feel like we have profited enough or we think that the peak is near and we are going to crash. Too many people end up thinking that they are going to end up with a trouble and we should probably avoid that as much as we possibly could, there is really nothing else we could do about it. I hope that the best thing we could do right now about this market situation is to just focus on when to get out, and if we could find a way to do that then we are going to be fine.

Hopefully, life will be a lot quicker and we get to that bull run period, because waiting also makes some people need money eventually, the longer you wait the more chance there could be something in your life that requires money.
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The best way to profit is to take your profits in Bitcoin not fiat currencies.
But majority will really be sticking into converting their Bitcoin profits into fiat or stablecoins.  Grin Well i couldn't blame them though.

We wont really be needing any sign if we do speak about securing profits with our investment. Secure it out when you are already that contented.
TP when happy and with those common lines might really that something that basic but this is something that you should really be prioritizing.
Some people do held their position until they would be caught on the dump and ending up on holding for another cycle.
So you should really be wise on making those decisions.
legendary
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The best way to profit is to take your profits in Bitcoin not fiat currencies.
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As a crypto investor, either in Bitcoin or altcoins, you must set a target for profit taking, because you can't time the Top perfectly, many people have end up riding the bear market over again because they failed to take profit, and that's because they need something to tell them that the top is achieved, which is impossible.

When Bitcoin beats it's old ATH you should take some profits off your portfolio, this is my own plan, once Bitcoin reach 70k I will sell 20 percent of my holdings into USDT and the next sell off will be at 80+ and counting, maybe another 40 percent of my holding then.

There is no way you will lose if you gradually take some profits off the table, and make sure you are contented with what you are getting, you don't want to be a greedy type in an ongoing bull market.
hero member
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2. Reaching personal target goals
This has saved me a lot of heartaches and regrets, I was able to dodge bad profit taking moments in favor of waiting for the goal to be reached and at the same time it helped me be strict and disciplined about my hodling, I was able to save up more bitcoin than I could think of because I have a goal price, I also like to add that you also should make your price goal unrealistic to many people so you know that you're going to be serious about your hodling and it will keep you from spending it all for something unnecessary, I do sometimes see the potential profit that I will get if I sell my bitcoin by multiplying it with my current goal and so far, that encourages me to even go beyond with my hodling.
Reaching out those personal goals and target is a must on which you had already set out those taking profit but of course you should really be that realistic at least with those numbers.
We do know that each one of us does have that kind of target or numbers in mind but at least we should really set into those numbers on which we do know that it isnt really something that do talks about
unicorns but rather into those numbers that could be easily attain because if not, then you might be ending up on holding forever and might be resulting on missing out on getting those profits
on the right time and would really be waiting up for another cycle.

Can you afford on waiting up in between 5 year cycles for you to be able to release your bag? Of course not. This is why it would really be
always ideal and wise that there should really be that threshold that you do able to make those decisions so that there would really be no regrets on that one.
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~snip~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.

FOMO and greed both have an influence on the final decision. Even though you have made a profit, you still don't have enough and you are not satisfied, but when the price starts to fall you panic and want to sell. controlling not to indulge in fomo and greed is very difficult. Earning more will be very difficult when greed cannot be controlled. there would be no top targets achieved, even having a small advantage was already quite lucky.
I do not like to act based on FOMO, it has put me in trouble many times. Based on my experience now, FOMO could make you either regret or be happy, and it depends on the asset you are trading, and also whether you are trading or investing. FOMO is never professional, it is just about our feelings about what is happening in the market, it is basically initiated by the market sentiment, but at times, this market sentiment is not always as it looks.

It might be when the market sentiment is beginning to douse that the person would act based on FOMO. However, instead of that, why can't the person act professionally and read the analytical means to have better guidance about the market? Also, greed, well, I have mixed feelings about it, it is all about how good the trader/investor is. If you are so good, greed will never affect you badly, and even if you see it affecting you, your money and risk management will always save the day.

Nonetheless, greed is worse in trading but better in investment, after all, if you are greedy sometimes, you can make more. Only that professional traders/investors will monitor the process better to know what to do in case of adverse conditions so that it do not affect them.
sr. member
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2. Reaching personal target goals
This has saved me a lot of heartaches and regrets, I was able to dodge bad profit taking moments in favor of waiting for the goal to be reached and at the same time it helped me be strict and disciplined about my hodling, I was able to save up more bitcoin than I could think of because I have a goal price, I also like to add that you also should make your price goal unrealistic to many people so you know that you're going to be serious about your hodling and it will keep you from spending it all for something unnecessary, I do sometimes see the potential profit that I will get if I sell my bitcoin by multiplying it with my current goal and so far, that encourages me to even go beyond with my hodling.
legendary
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4. Extreme FOMO or the market index is already on that Greed side.

You would eventually be able to feel out that it is really that on that particular situation or peak but of course each person would be have their own impressions on which it would
really be getting in line on how much experience you do have into this market on which we know that not all would really be having that kind of knowledge and awareness
on how this market works or behaves. This is why it would be always best that you should really know on how to spot on when is the best time to sell.
Although it wont really be that 100% accurate or precise but at least you do already know on what you should gonna do.
sr. member
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This is a good post for those doing short term investments in Bitcoin as it offers them the opportunity to exit the market at the best times. The only challenge with liquidating the entire assets in the form of taking profit is that most times the money taken out of Bitcoin will most likely return to Bitcoin and may be spent in other things or invested in other assets when Bitcoin still remain the best asset to invest in. Because of this, I do not consider liquidating my entire asset even if Bitcoin makes a new ATH, I prefer holding as long as it is necessary.
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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.

Yes, it's true. Until now, the market is still very unpredictable. That's why we, the investor community in the crypto space, should be smart in the investments we make in this field. Especially since all cryptocurrencies are really volatile assets.

Because the OP actually made this only for those who know about crypto trading, honestly, those who have no idea or knowledge about crypto trading are not allowed here. The topic of trading in this field is vast, and crypto trading is not really easy to learn, and this is the truth.
legendary
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~snip~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.

FOMO and greed both have an influence on the final decision. Even though you have made a profit, you still don't have enough and you are not satisfied, but when the price starts to fall you panic and want to sell. controlling not to indulge in fomo and greed is very difficult. Earning more will be very difficult when greed cannot be controlled. there would be no top targets achieved, even having a small advantage was already quite lucky.
legendary
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2. Reaching personal target goals
Of course, this should be a must.
If your crypto asset has reached a predefined price target that you think will reach the level you consider satisfactory, it might be a good time to take profits.  Many of us store the value of Bitcoin and set a target for when to harvest it, even how long it is.

How many of us here think that will miss a chance during the bull market and sell it quickly?

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  Grin 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.
Greed is the biggest reason why most of us tend to delay taking our profits. For some reasons, it could also be an advantage most especially if greater profits are coming, but this could also be reason why we end up missing opportunities to be in profits. So if we have a solid plan and a solid target goal, once we’ve seen it’s already happening in front of us, then take time to sell and take the profits, and leave the other coins for future profits.

While this could be easier for some of us, but majority still fall on being greedy. They say that learn to be greedy when others are fearful and learn to be fearful when others are greedy, but this time, it’s better not to be greedy at all.
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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.
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.
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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.
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.
sr. member
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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.
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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.
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.
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.
sr. member
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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.
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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.
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.
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.
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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. Undecided
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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.
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.
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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.

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.
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.
hero member
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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.
hero member
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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.
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Why to fill your minds with so many confusions? Just keep it simple mate. Set small targets. Whenever these targets are achieved just sell the coins. It’s the best method to make good profits. Yes, if you become greedy and don’t cashout even after the target is reached, then definitely no one can save you from making losses. If you are thinking to invest in Bitcoins then it is even better. You can easily invest for long term and you will yield maximum profit after a good period of time.

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.
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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.
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2. Reaching personal target goals
Of course, this should be a must.
If your crypto asset has reached a predefined price target that you think will reach the level you consider satisfactory, it might be a good time to take profits.  Many of us store the value of Bitcoin and set a target for when to harvest it, even how long it is.

How many of us here think that will miss a chance during the bull market and sell it quickly?

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  Grin 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.
hero member
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sign for maximum take profit by calculating the halving time. usually 1 year after halving the price of all crypto currencies will reach the new ATH price of its latest high point. you can check the price history2 altcoin or bitcoin 1 year after halving, halving 2012 check the price of 2013, halving 2016 check the price of 2017, halving 2020 check the price of 2021 and all reached its latest ATH price.
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.
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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.
legendary
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3. Divergence between price and network activity

This suggests that there is a distinction between the two indicators, and that their movements are opposed. For instance, asset prices rise but network activity falls. The movement's direction is different because we can only state that the token's movement is healthy if the price value rises and network activity rises as well. it is increasing for a reason, and that reason is that the project is in high demand. In crypto, we can see network activity in onchain statistics, such as transaction volume and active wallets. The development of new wallets is increasing, which suggests that there are more users coming in or keeping tokens.

The network cost is rising, as is the hashrate for proof-of-work coins such as Bitcoin, and the staking metrics for proof-of-consensus networks are rising as more individuals stake tokens. However, if there is little network activity and the price rises, it does not rise, and there is not much happening in the onchain activity, indicating a divergence in the price movement in the network activity.

Then you should probably consider taking a profit now, because the price pump that occurs for the token you own could be caused by market makers or hundreds of individuals. And, sooner or later, the price will come down.

Hope this will give help additional knowledge to everyone Wink



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.
legendary
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2. Reaching personal target goals
Of course, this should be a must.
If your crypto asset has reached a predefined price target that you think will reach the level you consider satisfactory, it might be a good time to take profits.  Many of us store the value of Bitcoin and set a target for when to harvest it, even how long it is.

How many of us here think that will miss a chance during the bull market and sell it quickly?

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.

Quote
How many of us here think that will miss a chance during the bull market and sell it quickly?

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.
legendary
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sign for maximum take profit by calculating the halving time. usually 1 year after halving the price of all crypto currencies will reach the new ATH price of its latest high point. you can check the price history2 altcoin or bitcoin 1 year after halving, halving 2012 check the price of 2013, halving 2016 check the price of 2017, halving 2020 check the price of 2021 and all reached its latest ATH 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.
STT
legendary
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Quote
One sign that had a 100% rate with me is when my friends and family start asking about bitcoin.

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.
legendary
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2. Reaching personal target goals
Of course, this should be a must.
If your crypto asset has reached a predefined price target that you think will reach the level you consider satisfactory, it might be a good time to take profits.  Many of us store the value of Bitcoin and set a target for when to harvest it, even how long it is.

How many of us here think that will miss a chance during the bull market and sell it quickly?
hero member
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I doubt it, I think Binance is better than Coinbase in terms of users and service. You say that because you live in America, but globally I think people would say Binance is the best.
you can only equate all this exchanges when you are making use of them consistently that is why is good to at least to test run two or three is changes to know the valuable one, but based on many people Across The Nation is making use of binance for exchange that is why they have to come in conclusion to conclude that binance is the best whereas we have other agencies that many people does not know their capacity level in terms of crypto investment transactions
hero member
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I set a target - that should be the thing to do. Maybe having timing selling during ATH is perfect but that is hard to do knowing how volatile is crypto so it's best to have at least selling them a 50% increase and above is a good decision.

As I experienced in the past bull season, it gives me some learning that we have to feel some contentment. Yeah, earning more is good but we can be too greedy here in crypto, or else, we possibly miss the chance. And this is what happened in the 2017 bull run, some think more but the sudden drops come which I don't want to experience again.
hero member
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sign for maximum take profit by calculating the halving time. usually 1 year after halving the price of all crypto currencies will reach the new ATH price of its latest high point. you can check the price history2 altcoin or bitcoin 1 year after halving, halving 2012 check the price of 2013, halving 2016 check the price of 2017, halving 2020 check the price of 2021 and all reached its latest ATH price.
sr. member
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It all depends on your strategy. If you are a hodler you would continue to hodl despite the temporary and short term movements of the price. Even if there seems to be an over-selling or over-extension of short term price increases, it might not matter. Because you're probably watching figures in macro basis. So it is either you will set a long time frame or a high target. So the hourly, daily, weekly, and monthly charts don't matter much to you.

If you are taking profit every now and then however, you would of course take a careful look at the technical movements and fundamental developments of Bitcoin because you are constantly looking for signals.
copper member
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Thank you for the post OP. It seems like you are trying
  • Watching out the price changes, rapid ones
  • Personal goals with trading - it can be how much profit you would have
  • Network coin activities

If there is rapid changes, TP. 
If you will reach your target, TP.
If there is network activities, TP.

It seems like the last one would be hard like how it can be utilised because if kt has a heavy network, it would cost more and make it harder for the user to liquidate or TP. Hmm.
copper member
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I doubt it, I think Binance is better than Coinbase in terms of users and service. You say that because you live in America, but globally I think people would say Binance is the best.

No one said about exchange here bro, But I agree Binance is the best in my opinion rather than a coinbase.

back to topic what Signs you should know to take profit from your crypto investment?

Personally Im using an indicator for daily trade and scalping so when the Indicator said sell I would sell there is so many indicator out there that talk about Overbought and oversold.

and second Usually Im only using the supply and demand zone or support and resistance zone on daily timeframe and combined with fibbonaci retracment that would be good

and third Im not gonna take profit all of it. Usually I take profit 50~75% from my initial investment so if the price can still go up I can take profit again at the peak
legendary
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Signs you should probably take profits from your Bitcoin investment could include shopping for expensive items like cars or mansions. You could find yourself checking the price every few minutes and feeling like your dreams have come true. Just make sure that you don’t count your chickens before they hatch. Until you’ve sold your BTC, you haven’t “made” anything. Stay grounded.
OgNasty - seriously, this is some classy advice from you.
Anyone can imagine or hope as long as they have assets whose value can increase from day to day [investment]. But it's true – before bitcoin is converted into fiat or sold into fiat, it's all still an illusion, unless they can spend their bitcoin on everything.

So yeah - "Just make sure that you don't count your chickens before they hatch."  Wink
sr. member
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I doubt it, I think Binance is better than Coinbase in terms of users and service. You say that because you live in America, but globally I think people would say Binance is the best.
hero member
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www.Crypto.Games: Multiple coins, multiple games
Why to fill your minds with so many confusions? Just keep it simple mate. Set small targets. Whenever these targets are achieved just sell the coins. It’s the best method to make good profits. Yes, if you become greedy and don’t cashout even after the target is reached, then definitely no one can save you from making losses. If you are thinking to invest in Bitcoins then it is even better. You can easily invest for long term and you will yield maximum profit after a good period of time.
Most people have quite detailed understanding of what they should do, mostly getting it backwards and confusing. It just makes them feel like you need to do something quite confusing to make money because if it was so simple to make money why wouldn't everyone make it?

But the reality is that, if you kept bitcoin for the past few years, like 5 or 10, you would have been super wealthy, is that correct? The data is there, this isn't some opinion that I have, you would have been rich for sure. That means, it's easy, we have the proof of it, we have something we call data, and while people may feel whatever they want to feel, it's just there for the taking. We do not need something special, it's clear that we will make money, by doing simple but right things.
donator
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Signs you should probably take profits from your Bitcoin investment could include shopping for expensive items like cars or mansions. You could find yourself checking the price every few minutes and feeling like your dreams have come true. Just make sure that you don’t count your chickens before they hatch. Until you’ve sold your BTC, you haven’t “made” anything. Stay grounded.
sr. member
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Good day to everyone on the forum today. The only thing we're going to talk about is how to profit in crypto. This is one of the most frequently asked questions among crypto investors, particularly newcomers and those who have been around for a while. What are the issues that must be addressed? What signs are available to determine where the top market has arrived? So that we don't buy at the peak of the bull market.
Assume you were one of the top buyers in the 2017 bull market and purchased Bitcoin for $19,000, or in the 2021 bull market, you purchased Bitcoin at a price of $69,900, believing it would rise further. In short, you were able to FOMO; you have no knowledge of technical analysis. The top buyers in 2017 would have recovered in 3 to 4 years if they hadn't panic sold in 2018, but the top buyers in 2021 are still underwater, or others cut at a loss and sold at a loss.
Verily I can relate vividly about my worries on diverses of Bitcoin investors referencing the historical market prices of the Bitcoin rates while comparing it to a maximum appreciative values at the current bull-runs.
Here, https://bitcointalksearch.org/topic/m.63344663 I expressed about how lot of investors would appreciate the awaited Bitcoin bull-runs depended on the value they purchased their coins with the insightments of making exciting huge profits on the runs. So I was wondering if whatever level of the bull-run is drawn to its volatiles elasticity that is not up to the amount of purchase or as accumulated just as those who purchased and accumulated at 2022 when the market price hitted $48K and $68K at 2021, so if the elastic point in the current bull-runs ends up below its purchased or accumulated levels at the past years historical, such as maybe the markets ends up hitting at $47K then those at 2022 wouldn't feel excited of it or those whom had hodl, accumulated and purchased at $68K wouldn't feel excited if the elastic bull-run ends up at $67K or below.

They hodl and invested to make profits and not to lost. So here would definitely be a frowning if the markets price never reach the peak of their purchased level.

The volatility of cryptocurrencies in general is frustrating especially to the beginners who tends to chase profits without cordial awareness of the markets volatiles possibilities.

It is indeed wise enough to undernote when to purchase your coins in other to stand at a profitable side even though it is preached that investing on Bitcoin or related cryptocurrencies doesn't have a situated period of Investing.
copper member
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Why to fill your minds with so many confusions? Just keep it simple mate. Set small targets. Whenever these targets are achieved just sell the coins. It’s the best method to make good profits. Yes, if you become greedy and don’t cashout even after the target is reached, then definitely no one can save you from making losses. If you are thinking to invest in Bitcoins then it is even better. You can easily invest for long term and you will yield maximum profit after a good period of time.
hero member
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Thank you for sharing this piece but I see things differently in points 1 and 3, but I agree with point 2. The market movements could be overstretched but still preserve the pattern/trend, and the market could continue to move towards that direction regardless of the overextended price movement as you called it. That is why the market is dynamic and you carefully study it to do the opposite before you close the trade. However, we should go for whatever is working for us.

But for me, I can only close my trade in this regard when there is either a sign of a reversal or a correction. My chart status and further analysis will definitely tell me what to do. But I agree with number 2, after all, that is why it is good for traders to have their take profit at their preferred target level. Lastly, I am not totally in agreement with number 3, the divergence between prices is still very okay to make a trader sceptical and close their trades but not network activity as it could mislead traders.
legendary
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2. Reaching personal target goals

Im actually sticking with this, on which this had always been my indicator on which tells me that i would really be needing to pull out my investment + profits once it do hit up that take profit level or order.
Yes, i do have some short term positions and i do have long ones and i do have a holding which it isnt something been touched or really that involved active trading.
With this then you are at least aware on what are the targets that you are really that setting on.

There is really that a sweet spot on selling out on the peak, how we would be able to know or detect out? There no way on telling it but one of those common signs is that
when everyone is already that greedy or something that we can say that the market is already that overbought. Corrections could happen as always
specially if the market would be having that normal correction .We cant just go up like forever like a honeypot.
legendary
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One sign that had a 100% rate with me is when my friends and family start asking about bitcoin.

An asset that I never discussed and all of a sudden they want me to buy bitcoin because they think is going to moon. Usually when this happens it’s a few more weeks and then some top.

Same with coinbase being the number 1 app on the AppStore . Usually it peaks around a week or two and the cycle top is in.

Where ever you go and you see people on their phones being on Binance, or coinmarket cap or some other trading app, then you know the top is near.
legendary
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I always use the "hitting the target price" to know when to sell.  But in some occasions, I am forced to sell when I see the activity of the coins being manipulated like the third example when the price of the cryptocurrency goes up but their fundamentals are not catching up.  This is a sign of manipulation or probably a pump and dump scheme so I always think to take profit while the market is still pumping rather than wait for it and stick to my target price which possibly can't be achieved.

And in case we are hesitant to sell after reaching the target due to the hope that it will still increase in price, why not sell 50% of our holdings and wait for the other 50% to hit our new target price or at least get our capital out so that in case the market dump, we already secured our capital to avoid losses.

Quote
Then you should probably consider taking a profit now,

If one is holding Bitcoin, I do not think that now is the right time to sell because halving is just around the corner and it is the catalyst to Bitcoin bull run, it would be a waste if we take profit now since it is observed that a year after the Bitcoin halving, Bitcoin market tends to record another all-time high.

hero member
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Good day to everyone on the forum today. The only thing we're going to talk about is how to profit in crypto. This is one of the most frequently asked questions among crypto investors, particularly newcomers and those who have been around for a while. What are the issues that must be addressed? What signs are available to determine where the top market has arrived? So that we don't buy at the peak of the bull market.
Assume you were one of the top buyers in the 2017 bull market and purchased Bitcoin for $19,000, or in the 2021 bull market, you purchased Bitcoin at a price of $69,900, believing it would rise further. In short, you were able to FOMO; you have no knowledge of technical analysis. The top buyers in 2017 would have recovered in 3 to 4 years if they hadn't panic sold in 2018, but the top buyers in 2021 are still underwater, or others cut at a loss and sold at a loss.

Normally, no one can anticipate where the exact top of the market will be, and anyone who can predict is not certain of what they are saying; in short, everything is just guesswork. And if someone claims certainty in his projections, this is the number one red sign in the world of finance. But this is what people like to hear, and it is something that many people do. And if you trust these folks who claim that what they say is genuine, you will be completely lost, with a 99% likelihood of becoming wrecked.

Today, we are discussing the absolute peak of the market, not the local cap; this is distinct. However, you may utilize the others on the list that I will provide. You can use it on any coin you own. Because this is applicable not only to Bitcoin but also to other cryptocurrencies. Because you might assume this is a reversal if it happens to another cryptocurrency. With a negative 90% scroll down from the top and hold your baggage for 3-4 years. How many of us have been through something similar? So this is just for investors and holders, not day traders, so that when you make a profit, you, like me, will wonder whether to sell or hold.

And surely these signs will help each other holders and investors so that you can decide on the crypto assets you hold. Especially if the signs appear at the same time, our assumption that we are close to the top of the market or that we are already at the top is getting stronger.

LET START:

1. Over extended price movement



The image you see is an example of a parabolic curve, which occurs when the price of cryptocurrency or Bitcoin has risen too much and takes on a parabolic shape. It usually has numerous bases, however this section is a little tough. This is where cryptocurrency market behavior comes into play. It is 96x, just like Bitcoin from the bottom in 2015, from $200 to $19,000 in 2017. He only surged 21x throughout the 2018-2021 bitcoin bull market, therefore based on market behavior, his rise declined with time. As a result, we should aim to place our profit objective below the 21x rally.  If Bitcoin doubles in the next bull market, it will be worth between $150 000 and $250 000. At current pricing, our goal is to profit because it is only conceivable to happen in 10x-16x Bitcoin, but altcoins can make 100x to 1000x profit, depending on how new the altcoins are.

since, in my opinion, the new cryptocurrency will actually climb higher in these scenarios since it lacks bag holders who are entrenched in the previous bull market and are ready to exit. That is why, with altcoins, it is up to us to decide when we want to exit and profit.

2. Reaching personal target goals

This is the simplest: individuals who invest should have personal objective goals, and when those goals are met, we will sell immediately. We don't care if it goes 100x or if the token is held; let's get it done first. That's fine as long as we've met our goal. Others, particularly newcomers, have a problem in that they don't have an exit strategy; they simply buy tokens and then wish for the moon. Others, referring to themselves as long-term holders, just see purchasers and experience a price drop and fear, selling quickly, or see that the token purchased has pumped 1%, selling immediately or taking profit. When hybrids achieve a 1% profit, they quickly become day traders, and long-term holders.

So, what is your goal before you buy a token? Long-term investors or day traders? Because you can establish your profit target once you have recognized yourself in the crypto space market. So, what is your goal before you buy a token? Day trading or long-term investing? Because you can establish your profit target once you have recognized yourself in the crypto space market. It's simple: when I buy a token and it goes 5x or 10x, I'll sell it; or after bitcoin halving, I'll just wait a few months and see a 1000x rally in the tokens I hold; I'll sell it; or when I have reached your personal goals, such as you want to buy something and the value of your tokens has reached that, then sell it, and there's no need to look at the chart or think that the value I might miss it.

Your tokens can really rally, but they can also crash. As a result, it is case-by-case.

3. Divergence between price and network activity

This suggests that there is a distinction between the two indicators, and that their movements are opposed. For instance, asset prices rise but network activity falls. The movement's direction is different because we can only state that the token's movement is healthy if the price value rises and network activity rises as well. it is increasing for a reason, and that reason is that the project is in high demand. In crypto, we can see network activity in onchain statistics, such as transaction volume and active wallets. The development of new wallets is increasing, which suggests that there are more users coming in or keeping tokens.

The network cost is rising, as is the hashrate for proof-of-work coins such as Bitcoin, and the staking metrics for proof-of-consensus networks are rising as more individuals stake tokens. However, if there is little network activity and the price rises, it does not rise, and there is not much happening in the onchain activity, indicating a divergence in the price movement in the network activity.

Then you should probably consider taking a profit now, because the price pump that occurs for the token you own could be caused by market makers or hundreds of individuals. And, sooner or later, the price will come down.

Hope this will give help additional knowledge to everyone Wink

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