Topic: Take profits – But into what? (Read 487 times)
You should take your profits in all companies that you have invested once you already met the highest market value which is very favorable to you so that you can incurred huge profit .
perhaps for someone wanting to get out of tax can be saved with Bitcoin.
but back to themselves if they are entitled to anything done with Bitcoin, including in terms of investment.
if I use Bitcoin to make a living every day me, because I trade Bitcoin every day in Binance.
but back to themselves if they are entitled to anything done with Bitcoin, including in terms of investment.
if I use Bitcoin to make a living every day me, because I trade Bitcoin every day in Binance.
Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
There are two logical things you can do with this kind of situation the first one is convert it to another coins to your choice of preference. During the dip every coins is on sale because of its low price. But you have to be careful because we really don’t know which one is the bottom. The second one is to convert your profit to other kind of investment. This is to diversify your investment to free you from greater risk. Both strategy has pros and cons you have to weight it down to make the decision correct.
Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
Yes you're on the right track.To cope up with losses withdraw all you funds if the value is declining then choose another promising altcoins.I believe that when one dumps,another coin pumps.It's just a matter of a wise decision and a right choice.I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
usually first I take profit in bitcoin then I sold bitcoin & take profit in my country currency.. you can take profit in top 3 currency.. it will be wise decision.. you've low chance to lose in these 3 cryptos
Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
The advantage that I achieve if it is satisfied will I withdraw my funds. Make it into USD because I do not want to speculate better if it's profitable I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
There os Tethere now. An escape route fod every trader
I dont know if we are lucky to have that or it will be the chaos of most crypto investors.
Could not see anymore if coins and tokens will go down or up. Why? It is like everything now is with the same boat as BTC and ETH. Once they are down then everything will be. But look at Tether. No movement at all.
I dont know if we are lucky to have that or it will be the chaos of most crypto investors.
Could not see anymore if coins and tokens will go down or up. Why? It is like everything now is with the same boat as BTC and ETH. Once they are down then everything will be. But look at Tether. No movement at all.
I pick a coin and just keep it on my wallet. Although, I trade currency pairs. But on cryptocurrencies I decided to change strategy and try "hold strategy".
You can invest in some perspective project. I think, that one of them is TraceTo. Cause it is a decentralized KYC network, which can used by companies to verify his clients. There is a think, what KYC standatrs will become tougher, so it will increase the demand for software, which can identify. So, investors can get profit from this. Another reason to invest here is a good team, which has some experience in developing.
if you think only bitcoin is going to fall than obviously its better to go with any other crypto as you get dual advantage which is you will be saved from the dip and might also get some return if that crypto rises.
this can't happen! a 9 year history of bitcoin and altcoins has proven that it can never happen because bitcoin will never fall alone. each time there is a bitcoin drop, there is also a much bigger altcoin drop.
of course there are always small altcoins that are getting pumped no matter what is going on in the market but they are exceptions and hard to find during dumps.
I think in such times when the whole crypto market is down and seeing a correction its much better if you sell everything into fiat because its much more stable and will save you from any further dips in your portfolio. However if you think only bitcoin is going to fall than obviously its better to go with any other crypto as you get dual advantage which is you will be saved from the dip and might also get some return if that crypto rises.
Mehn… you were so unlucky. Eehm… why don’t you just leave your money in the Bitcoin Wallet and wait for price to run up? But if you still wantto take them out there is still no problem.
You can just withdraw your money and wait patiently for another run up… once it starts going up you can invest it back and make profit. I won’t really advise you to invest in any other cryptocurrency, or maybe you can withdraw to Tether… but mostly I will advise you to withdraw to fiat.
You can just withdraw your money and wait patiently for another run up… once it starts going up you can invest it back and make profit. I won’t really advise you to invest in any other cryptocurrency, or maybe you can withdraw to Tether… but mostly I will advise you to withdraw to fiat.
I convert into USDT. Another option would be to convert into FIAT but this would take like a day or two for me to receive the money.
Everyone decides what to do.
A person can invest money in absolutely any coin, which you might not like.
He can wait a year, two, ten .... and blindly follow someone's advice, very stupid.
lol. Most times, people are looking to trade their coins, without the slightest knowledge of trading and at the end of the day, they find out they would have been better off holding. It is always better to leave trading to those who know how to do it best and then just hold the coins. However, if the trend of an altcoin is turning downwards, that can be a good time to sell and buy back into btc.A person can invest money in absolutely any coin, which you might not like.
He can wait a year, two, ten .... and blindly follow someone's advice, very stupid.
Yes i learned that lesson. I used to trade but found out that I really
didnt make any gains and would have been better off doing nothing.
I have taken "profits" before but just liquidated them to fiat which is
fine if the fiat is not being used to trade back into crypto if the markets
have increased in value.
Long term its better to hold the profits.
Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
It is always better to convert our profits from crypto into bitcoin because bitcoin price will increases in long term so you can get extra profits from just holding it,or if you want that money to be used immediately then better convert into cash. I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
I usually sell my cryptocurrencies profits then buy my local Fiat which I hold waiting for dips.if one ever happens then I can buy bitcoins and then buy the altcoins I need. If you can, you should hodl to die 
There should be a technique for you to get a high profits. We should learn how this techniques can help us in taking profits. Traders and other bitcoin users have their own techniques to ensure that they can have a big profit. Using altcoins and waiting for bigger value of their altcoin is the best technique for them to get their own big profits. We must learn for our own success and profits
Despite the fact that most people believe that not converting your profits before the dip as a loss, I'll still urge you to continue to leave your profits in BTC.
Saving up your profits as BTC saves you from paying taxes as only fiat currencies can be taxed by the government.
Secondly, you can see your profits as an investment and a long term investment at that. As you already know that dips like this are only temporary and do not last forever which means leaving your profits in BTC will eventually yield more profits when the price of bitcoin soar back high
Saving up your profits as BTC saves you from paying taxes as only fiat currencies can be taxed by the government.
Secondly, you can see your profits as an investment and a long term investment at that. As you already know that dips like this are only temporary and do not last forever which means leaving your profits in BTC will eventually yield more profits when the price of bitcoin soar back high
Hi,
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.
My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉
Everybody knows what happened … the little dip
and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?
Let me know your way
I don't trust Tether, so I just change BTC to dollars on gdax and vice versa. I too wish I had done it before the dip...
Starting at currently, your profit are going to be in enactment as that's the quality medium, channel or instrument to your buys in your day by day lives. a couple of wallets supply bill installments that you'll pay in BTC to pay your liabilities, thus in this viewpoint you must not got to rework it into paper currency. Despite the very fact that these administrations ar offered in an exceedingly few wallets, you cannot rely upon it very much like regardless you are restricted on what you'll do to your crypto coin. foot-dragging till the purpose once nation utterly embraces its convertible use in our day by day lives.
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