I prefer shorter term traders and low percentage price change
in other words scalping trading method. I would sell if price pumps
+3%.
Topic: What are your rules for profit taking - page 3. (Read 1445 times)
When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
I don't set rules for it but I rather set goals. Once I have invested something I'll make sure to sell it when the prices are high. Knowledge about the right time of selling and buying is always an edge and an advantage.
When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
Withdraw my funds into fiat money or depends of my needs sometimes i use it to pay derictly into bills payment using online transactions.
In terms of trading my strategy i use bitcoin to buy altcoins and resell altcoins into bitcoin conversion again and this is a vice versa strategy, i didn't use usdt for my trading job it's because i feel safe using bitcoin into altcoins.
When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
I am looking for coins in dip and buy in strong support or in bullish divergence and sell 10%-20% profit only, this is my trading strategy because it is only for short term
It all depends on the specific situation. There is a time and coins on which you can earn only 5%, and there is time and coins on which you can earn 70%. Therefore, there are no universal calculations. The basic rule that I follow is to buy cheaper to sell more expensive.
Crypto currency I sell the way it is most profitable. For example, sometimes bitcoin is profitable to sell to USD, and sometimes to USDT. There are also situations when it is more profitable to sell bitcoin to altcoins, and later sell altcoins for bitcoin and get excellent profits at the same time.
Crypto currency I sell the way it is most profitable. For example, sometimes bitcoin is profitable to sell to USD, and sometimes to USDT. There are also situations when it is more profitable to sell bitcoin to altcoins, and later sell altcoins for bitcoin and get excellent profits at the same time.
When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
I am looking for coins in dip and buy in strong support or in bullish divergence and sell 10%-20% profit only, this is my trading strategy because it is only for short term 
Actually I wish I never saw the need to sell any fraction of the bitcoins that I have accumulated so far, but because I decided for some time ago to dump all my finances in the crypto economy, and at this time it is difficult to cover my daily expenses in my country using bitcoins, eventually I see myself in need of exchanging bitcoin for cash.
But I always try to make every month my total bitcoin balance is greater than I had at the beginning of the month. And I do not like to trade the bitcoin directly, rather I speculate with other cryptocurrencies so that, once they increase in value at least 100%, sell them to convert them into bitcoins.
But I always try to make every month my total bitcoin balance is greater than I had at the beginning of the month. And I do not like to trade the bitcoin directly, rather I speculate with other cryptocurrencies so that, once they increase in value at least 100%, sell them to convert them into bitcoins.
There isn't any kind of guidelines within revenue getting simply because just about all earnings or even revenue getting provide your personal choice that is really democratic or even readily method and never reliant in order to other people.
Getting back in this market is quite easy as the market is recovering. Investors can trade short term in this period to quickly recover capital and profit and limit risk to their capital. I believe that investment plans are essential if you want to succeed in this phase. 
maybe the rules that I do are the same as the others, that is I buy when the price is low then sell when the price is high, if the market is bad then I will hold it so that I will avoid losses and I can still get profit
Yes.That's the most basic rule in profit taking.As much as i can,i do not sell when the market is in dump and just wait for the market to pump again.But sometimes,emergency cases became inevitable so i sell a fraction of my coins and the rest are left for long term holding. 
For profit taking my strategy is half half if i have 1000 $ i always do if i buy a token 50% of my investment or 500 $ for buy and 50% too for sell 500 $
Yes I agree with your strategy using full amount in investing will not give any profit continuously using half amount for investment and remaining for next investment will always be very correct idea to get profit properly .
There isn't any kind of guidelines within revenue getting simply because just about all earnings or even revenue getting provide your personal choice that is really democratic or even readily method and never reliant in order to other people.
For profit taking my strategy is half half if i have 1000 $ i always do if i buy a token 50% of my investment or 500 $ for buy and 50% too for sell 500 $
maybe the rules that I do are the same as the others, that is I buy when the price is low then sell when the price is high, if the market is bad then I will hold it so that I will avoid losses and I can still get profit
I buy coins gradually. I have long learned that guessing the bottom is impossible. So, if I like a coin/project I buy, let’s say, $50 every two days over a period of time. This way, I get a nice buying average.When the coin goes up and I am in the profits (more than my buying average) I start selling slowly. And with every sell, I earn profits.Of course, you will sell to early most of the time . But because you don't sell everything you always have some left if the price keeps rising. That only means more profits. It's a good thing.It's simply impossible to guess the top.that is what i do.hope it helps.
When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat
First, I would like to point out that I never believed in the false alternative called Tether. I think it is an option that is pushy and not safe at all, and many successful investors have already told me that you think the same. That's why I usually set profit margin targets over Bitcoin or in USD. It is also a fact that I deal with TL which is often my main currency. When I reach the target I set frequently, I go to cash again and prefer to make a new investment when I can find a new buying opportunity. I get a short term income that is not too bad, but I have a long term low income because I do not have a serious budget for my long term investments. I would like to point out again at the end of my comment that Tether and similar options have never been safe. For that reason, it is necessary to pay attention when trading through these parities.
If I will apply trading into this, I use a certain percentage of profit into it. I usually take 1 -2 % profit only and after doing it, I will find another coin to trade. I do swing trading sometimes but there are times that I need to use stop losses to prevent further lost of money.
I only exchange my crypto coins into fiat when I need to buy something very urgent.
I only exchange my crypto coins into fiat when I need to buy something very urgent.
my rule are:
1. Analyse the market.
2. Think like sharks and see the future.
3. Before doing something, think twice. Stay away from margin.
4. Finish all your work then wait.
1. Analyse the market.
2. Think like sharks and see the future.
3. Before doing something, think twice. Stay away from margin.
4. Finish all your work then wait.
Cant back #3 up enough. Margins are asking for disaster. especially in a market as volatile as crypto.
always be disciplined
I think that the best rule to be guided with is to sell coins when the price is high. To my mind, it is better to buy coins now and wait until the price increases as much as you need to gain some profit
When trading or investing, I wait for my funds to rise above 100% of my invested capital. I now sell half of my investment to get my invested capital back and now hold the rest of the tokens for the long term
Jump to: