Using Crypto profits - page 3. | Bitcointalksearch.org

Eternad

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Quote from: SistaFista on May 08, 2022, 10:59:09 AM

Simple, i usually use the profit to re-invest it in other crypto.
If you look at the crypto market now, the downtrend of coins has started, bitcoin price now around $34k.
This is a good opportunity to buy and accumulate some top coins in the market, and hold them until we get a decent profit.

Lucky those who already saved up for this season to buy at dip, as much as possible when I trade and make some profits I try to left some usdt before buying again new coins or start placing my bets ageain for times like these that the market seems going more at dip. We may not sure up to how low it will take but we must take our chances since it may not go that dip again. It’s better also to take all the trades we do whether we used up already the profit or there is no profit at all especially if trading with different exchanges to monitor and update our plans base on current market situation.

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Simple, i usually use the profit to re-invest it in other crypto.
If you look at the crypto market now, the downtrend of coins has started, bitcoin price now around $34k.
This is a good opportunity to buy and accumulate some top coins in the market, and hold them until we get a decent profit.

minime0105

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Quote from: Rasa nanas on May 06, 2022, 01:32:40 PM

I use most of the crypto profits to reinvest in crypto and a small part to make ends meet.
I use most of my crypto profits to reinvest in crypto because I prepare my current investments for the future. I have hope that in my old age I will not have to work anymore and I will just enjoy the results of the investments I make now. if you use all the profits from crypto for fun your crypto assets will never grow.

Wisely is productive to use the profit you achieve from your cryptocurrency to reinvest. Because if you continue with the capital and profit you can lose all when loses surface. For example. If you have $1000 as capital for investment and profit is made worth of 65%. It will be as good conduct to remove the starting capital and continue the market with you profit and establish and investment with same capital. When investment is numerous for the young age the old age will call for glory of harvesting. It is wisely not to be greedy for investment, expecting bigger profit lead investors to lost every thing

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Moon.win

Don't just keep mining, when a bull market is slowly fading away the next thing to do is changing your coins to stable coins to keep USD value in check, when a bear finally takes over the market just use your stable coin to buy back your favourite PoW coin and this time you will get more quantities of that con because the value in dollar rate have decrease.

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Quote from: Rasa nanas on May 06, 2022, 01:32:40 PM

I use most of the crypto profits to reinvest in crypto and a small part to make ends meet.
I use most of my crypto profits to reinvest in crypto because I prepare my current investments for the future. I have hope that in my old age I will not have to work anymore and I will just enjoy the results of the investments I make now. if you use all the profits from crypto for fun your crypto assets will never grow.

I'm sure not everyone will realize that, they must use it for fun at first, unfortunately it will only make them sad later on, I guarantee they won't last long here because they will run out of assets sooner or later. I experienced it, before I always had fun with the assets that I got here, I thought because everything would be the same I would definitely get it back, it turned out to be just a guess in fact I had to start from the beginning to re-collect it.

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Quote from: MrDave on April 21, 2022, 01:18:31 AM

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

It depends on each individual strategy because some people may prefer to put the profit they got from the initial investment to invest again with another coin which they think has the potential if the price can be higher in the future, but if I personally usually after getting the profit from the initial investment then I will convert half of the profit into fiat currency to spend my daily needs.

federalmoney_official

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Quote from: cryptoserega on May 06, 2022, 02:40:20 PM

Quote from: Coinmaster2.5 on April 21, 2022, 05:31:37 PM

Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

Cryptocurrency offers a lot of opportunities to earn money, and many people use this opportunities to earn money.
That is why there is demand in the shops that accept cryptocurrency.

The number of shops that accept digital assets increase as increase the adoption of digital assets.
The more people use cryptocurrency the more demand in it.

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Grim149x

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Me ill reinvest my crypto profits in potential coin or token and hold it until they explode the price up. Using your crypto profits into another token is the best for me they have a chance that you can earn more profits .

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Quote from: indo1 on May 04, 2022, 12:01:13 AM

Quote from: S3300 on April 21, 2022, 02:13:34 AM

It depends, some feel safer having their profits in USDT or other stable coins as they grow while others use their profits to buy top coins like BTC and ETH, there is also another way, find a very good altcoin that you can stake for more rewards like Polkadot or Solana, they are good for the long term anyway.

yes, we can't hold it any longer in USDT, we are always interested in re-investing even though it means we take a high risk. Thinking it's buying Ethereum or Bitcoin which is already too expensive, some of the small profits that I get now prefer investing in small coins that are full of risk, I won't be sad when I lose because it's only a small profit that I use.

If you are using your profits to invest into risky things then you could end up thinking maybe you didn't make any profits at all, and this is just how it was at the start, then you may think about risky things a bit more carefully.

I personally like the fact that we could end up with a bit of a risk, but not too much. I do the same thing you do, but I feel like my investments are not that risky. Whenever I double my investment anywhere, I sell the half and only leave the initial investment, then use the other half to get into something new. This way I ended up with 20+ different coins/tokens and that is not really a bad situation to be in.

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Quote from: D ltr on May 07, 2022, 08:22:51 AM

the profit I get from trading I usually use to buy coins that are being dumped on other altcoins, in 1 year I don't think it's enough to say that I didn't get big profits like our predecessors because of different ways, different results, all need skill

Not only does it require skill at this time, but also requires a different way because now there are many good coin choices, so it makes some people confused about which one to choose, even though every advantage can be taken anywhere.

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the profit I get from trading I usually use to buy coins that are being dumped on other altcoins, in 1 year I don't think it's enough to say that I didn't get big profits like our predecessors because of different ways, different results, all need skill

Rampagoe004

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In using our assets in the crypto world certainly have a different way, let alone our profits in making investments or in other ways, I save more profits to buy some potential altcoins and become a stable coin for the preparation of good projects that can get profits in a short time, then from there we can add our assets until later we will use as a basic necessity that we must meet.

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Quote from: dlightag on May 06, 2022, 01:37:25 PM

Crypto investment is a very good one to invest, but all it need is information and the right time to invest for making a profit return after a short period of time, which you will be willing to play the game by investing on memo-coins and win later, and what motivate me investing on Memo-coin is Shiba Inu, how it break records, which many people that invest in shiba Inu make a lot of profits, which have to make your research and invest on Alt-coin, but for rest of mind investment is Bitcoin. When you invest on bitcoin no fear of rug-bull, and has many more future prospect.

Crypto have so many investments categories. These sections are sub divided into several parts. We have staking of coins, individuals who stake coins with an exchange, there's every possibility that the trader would expect 3x of the capital earnings when the coin is been launch or released into the market. Alt coins are better than Bitcoin because they pumped and dumped easily unlike Bitcoin who only move from one point to and later retrace to it's normal price. Investing brings a lot of profits. When the coin cancelled 3 zeros upfront, you are already a cillioniare in the space. Profits are made through investing in new projects and knowing the road map of the projects before investing.

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Quote from: MrDave on April 21, 2022, 01:18:31 AM

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

my income is actually less consistent here but I am grateful for it because it can be a lesson for me. Usually I don't care how much I can I will spend it to go to restaurants, buy luxury items that are more valuable than my friends, even though it's fun but I regret it, I will always remember this to make my future even better.

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Quote from: ringgo96 on May 06, 2022, 02:06:35 AM

In investing, of course, we must be ready to accept losses and we will also feel the benefits, so in this case we must have their respective strategies in responding to this problem, if I personally the profits I get I will use to invest in new projects and the profits we get continue to grow, if there is no good project then I will make stable coins such as USDT so that our assets are safer.

Those who cannot accept losses are going to be in trouble. It reminds me of a gambler in casinos where they cant also accept their losses so their lives became more miserable. Losses are not forever but at some point of what we are doing we can also get some benefits but what do you mean by must have their strategy? Getting the strategy of others?

I think it was wrong to just copy and depend on others but you should formulate your own strategy because you know what works better for you. If you earn a profit, why will you invest in on a new project? That's risky but you should secure some for yourself first. It's hard to find a new good project but it's easy to find one on a much older coin.

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Quote from: indo1 on May 07, 2022, 12:03:59 AM

Quote from: jostorres on April 30, 2022, 04:38:35 PM

-snip-

what i'm saying is when i have only a small income, if my income is big enough to manage i will also do the same as you. It is very good to manage profits by working on all the potentials, be it short term trading or long term investment. In fact, it will be a consistent profit if you really manage it, don't have a steady job, but have a consistent income when you can manage your investment assets well.

Easy to say, but hard to do. Fluctuations continue, we do not know when the bears will leave. Making a choice on a top coin can give you peace of mind in trading. From the way you trade, I can conclude that you only bet on coins that have high trading volume and already have strong fundamentals. That is how it should regulate risk management.

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Quote from: jostorres on April 30, 2022, 04:38:35 PM

Quote from: indo1 on April 28, 2022, 10:31:14 PM

Quote from: MrDave on April 21, 2022, 01:18:31 AM

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I only take consistent profits with small profits because I realize I don't have big assets to make big profits. I will immediately withdraw a small profit into my account, but another thing that is more fun if I find info about a small price coin I will buy it by entering at the beginning which is usually very profitable when it is listed on the market. I can use it to reinvest some of it in its profits.

-snip-

what i'm saying is when i have only a small income, if my income is big enough to manage i will also do the same as you. It is very good to manage profits by working on all the potentials, be it short term trading or long term investment. In fact, it will be a consistent profit if you really manage it, don't have a steady job, but have a consistent income when you can manage your investment assets well.

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Quote from: bangjoe on May 06, 2022, 12:10:40 AM

Quote from: visionE2 on May 05, 2022, 10:18:53 PM

Actually there are many choices if you want to invest to double your profits, but it all depends on us to analyze it, the point is not to follow other people. I personally, the results from cryto payments, I usually take some of the rest, I invest in ETH and Matic. If it's an altcoin that isn't well-known, I don't dare to invest because I'm not mentally strong. Cheesy

Better to do what you are doing now than to suffer for investing in new projects. You have minimized the risk as low as possible. And that's better than we have to risk our mentality. But if we can, we have to start learning to take risks slowly. Because if we don't get out of our comfort zone, I'm afraid our knowledge won't develop.

Yes, sometimes we get out of our comfort zone, to sharpen our mentality. Not wanting to take risks doesn't mean we don't want to learn it. The courage to take risks is necessary, but it is also important to be careful when making decisions. Getting new knowledge doesn't have to be directly involved with reading and looking for information, it's also enough to grow, what's important is don't be lazy to read.

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Quote from: cryptosru on May 05, 2022, 10:34:13 AM

Quote from: Coinmaster2.5 on April 21, 2022, 05:31:37 PM

Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

The more people earn money on cryptocurrency the more they want to spend this money.
That is why there is a big demand in the projects and shops that accept digital assets.

Cryptocurrency offers a lot of opportunities to earn money, and many people use this opportunities to earn money.
That is why there is demand in the shops that accept cryptocurrency.

Topic: Using Crypto profits - page 3. (Read 1369 times)