When do you take out your investment when in profit?

poodle63

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Quote from: deathcode on January 12, 2024, 02:44:37 AM

Quote from: huu78 on January 12, 2024, 01:27:49 AM

Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.

finding the peak is always more difficult than most pictured it out to be, because nobody have idea, some people might say to sell at peak but lets be honest here, even them also don't have idea when the prices gonna reach peak, therefore i call bs for anyone that tries to find peak, best course of action is having some target maybe if it reaches 30% increase then we gonna sell it and so on.
i've traded with most coin myself and sometime find myself regretting selling too early or too late but here's the thing, if we are still at profit we should be grateful enough at least we are not losing anything here.

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Quote from: Obim34 on January 13, 2024, 02:57:40 PM

Quote from: redsun114 on January 13, 2024, 02:46:20 PM

What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.

Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.

The whole crypto industry is a risky investment category and this place is not for those who can not handle the volatility in price action. Altcoin market is risky because this is the wild part of the industry where crazy people create problems by themselves, find solutions for them, and build projects on top of it. It is not hard to get funding in crypto as people know that in the short term they will be profitable and in the long term they have projects like BTC and ETH which they use as a safe guard.

Obim34

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Quote from: redsun114 on January 13, 2024, 02:46:20 PM

What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.

Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.

redsun114

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Quote from: AnonBitCoiner on January 09, 2024, 08:32:44 AM

Quote from: Obim34 on December 27, 2023, 06:15:52 AM

Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.

What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.

deathcode

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Quote from: huu78 on January 12, 2024, 01:27:49 AM

Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.

Publictalk792

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Quote from: huu78 on January 12, 2024, 01:27:49 AM

Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

It is a good idea to set a goal for your investments. This helps you control the amount of risk you take and stick to a smart investment plan. When you set a specific percentage as your target you are being realistic and not letting yourself get too excited by the market ups and downs.
Investing in any market like cryptocurrencies can be risky. When the market is doing well there may be chances to make more money. But it is also important to think about the possible risks and how the market change much.
So don't be greedy my dear friend always stick on your decision and never slip in to a trap.

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Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

slashz9

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I think everyone's strategy is different, there are those who only look for a 10-30% profit and then sell it, if you have earned more than 100%, then you are a long term type or you are in a favorable situation because market conditions have gone up over the past 2 months.

Obim34

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Quote from: AnonBitCoiner on January 09, 2024, 08:32:44 AM

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.

The chances of getting the right Altcoin to invest can be very less currently when there are now records of newest Altcoins with no potential but considering the approval of Bitcoin ETF and halving will certainly have good influence on most Altcoins. Yes, careful search and observations should be proved before investing, this reduces the chances of being scammed.

radjie

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Quote from: AnonBitCoiner on January 09, 2024, 08:32:44 AM

Quote from: Obim34 on December 27, 2023, 06:15:52 AM

Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.

Investing in the right Altcoin that is already popular can certainly minimize the risks, even though all types of investments are very risky, of course, our courage to face these risks will produce satisfactory results. Many conclude that when the price of Bitcoin increases, several Altcoins will experience the same thing. Recently, several Altcoins have experienced an increase and that is a green light to choose the right Altcoin to consider.

arjunmujay

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If I were a very layman and didn't even know about technical analysis, I would take advantage if my target was met. For example, I buy coin A and I target to take profit if it rises to 100%. or I will take profit if it increases by 50-70% of my capital. and if my target has been met, I will definitely sell everything and take the profits.

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Quote from: icalical on January 10, 2024, 08:43:16 AM

When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.

Well, it's a good strategy and might be useful for OP. however, not everyone has a strategy like this. Many people continue to hold the assets they own and hope the price will rise, even when the price falls very drastically, they still hold it.
However, when I have made 3x or 4x profits, I will probably sell some, and will probably apply the lowest price. When the price of the investment I have has reached the lowest point that I have decided, whether because of FUD, or because of some other reason, then I will probably sell it in the form of stablecoins and do research first on whether I will buy it back, or look for an investment others are more profitable.

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Quote from: AnonBitCoiner on January 09, 2024, 08:32:44 AM

Quote from: Obim34 on December 27, 2023, 06:15:52 AM

Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.

Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.

There is no specific time when we need to take out our profits. It all depends on what we actually wants and how huge is the profits that we want from a particular trade or investment. It is good for us to know what we are doing and invest appropriately and don't allow greed to inflict it violence on us. We can easily lose our profits to the market if we are too greedy and do not have a self discipline on when we actually want to take our profits from the market.

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Quote from: icalical on January 10, 2024, 08:43:16 AM

When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.

This does sound like a proper way to do it, it includes everything, from profit making to indicators to walls, it is really the way to go. Doesn't mean it is the only way, doesn't mean it is the best way, but I can say that it is a good way to do it and I support it.

I believe that we are dealing with something that is not all that easy, and it is going to be a tough deal if we are not careful with it as well. I believe that the best thing to do in this case would be making sure that we are dealing with something that is a little tough to handle. So if you are leaving, if you are getting out, the only risk is the price keep going up, but if you are already in profit, it won't be an issue, and if you are in a loss, try to stay longer and not get out.

icalical

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When my investment already gain value, I mostly rely on technical analysis on when to take my profit. The simplest thing to do was to determine the support and resistance. When price hit resistance barrier three times and then surpassing the support I would sell it, but sometimes I also watch for some news that might affect the price.

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Quote from: Questat on January 10, 2024, 06:46:22 AM

X2 is satisfying to me but if if I could see that it is possible to grow more, then I wait.
Investing in crypto isn't all about holding and waiting for more profit but also, we must learn how to analyze the market if we need to hold or sell it now. Many people become victim of waiting more thinking that a particular project will continue to pump but in the end, it even drops more and misses the chance to sell at a profitable price. That is why we know contentment as we are not in control the market trend.

Yeah, the only thing that will help a trader is discipline and satisfaction. You have to be discipline I the sense that, you should know when to quite and when to keep buying especially when it comes to very volatile coins like meme coins. And you should be able to be satisfied with little things, don't expect the all markets to be the same, you should be contented with small profits instead of expecting a 100x profit from a coin. Greediness is one of the reasons we see people Lossing enough profits even after they got the chance the take their profit at a moderate price.

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Quote from: Makus on January 09, 2024, 05:07:08 PM

Everyone has their own risk management and the kind of actions dey take when they are on pressure. In my own opinion I see altcoin investment as gambling, do any one doing altcoin investment are like to short term traders. However, I believe we are familiar enough with news and stories about people who buy a coin and then get 10x returns or 5x return. But I'll want you to know that, not all coin turns out to be the same when we talk about profit from our investments. Beside 4x isn't a bad one to take your profit., assuming you where dealing with Bitcoin, then I would have advised to keep holding.

X2 is satisfying to me but if if I could see that it is possible to grow more, then I wait.
Investing in crypto isn't all about holding and waiting for more profit but also, we must learn how to analyze the market if we need to hold or sell it now. Many people become victim of waiting more thinking that a particular project will continue to pump but in the end, it even drops more and misses the chance to sell at a profitable price. That is why we know contentment as we are not in control the market trend.

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Quote from: JamesDaniel90 on December 19, 2023, 06:30:35 AM

What does everyone else do when it comes to altcoins?

When I was doing scalping back at the day, I just took like 30% or sometimes up to 50% to cover fees and gain profit. I didn't intend to make huge money with this kind of strategy, I would rather get the profit consistently instead of just wasting my time to chase something bigger but in future runs I got dumped really hard because I have wasted my energy on that trade. It's just me but I'm more into playing really safe when it comes to this.

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Everyone has their own risk management and the kind of actions dey take when they are on pressure. In my own opinion I see altcoin investment as gambling, do any one doing altcoin investment are like to short term traders. However, I believe we are familiar enough with news and stories about people who buy a coin and then get 10x returns or 5x return. But I'll want you to know that, not all coin turns out to be the same when we talk about profit from our investments. Beside 4x isn't a bad one to take your profit., assuming you where dealing with Bitcoin, then I would have advised to keep holding.

GeorgeJohn

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Altcoins do increase whenever Bitcoin increases and its obvious that Altcoins doesn't increase without bitcoin having a positive in cryptocurrency, so I believe that bitcoin increment have effects in other cryptocurrencies, because if bitcoin falls today no any other coins that will rise when bitcoin is on red color in the chart, so any altcoins that doesn't have a green color this time will not experience a positivity in the market.

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