When do you take out your investment when in profit? - page 2.

Zanab247

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When I buy altcoins, I always think about the projection of them returning to the old historical high, so I think about taking profits in these price regions: ATH

But the strategy is individual, what works for me may not work for you. You have to set goals and targets and be faithful to what you have defined as a strategy.

There are some altcoins you will invest and you will not regret for taking such step because, they move whenever BTC price is moving in the market to give their customers profits to earn.

There are some investors are doing well in short term investment with altcoins and there are some long term investors are not doing well in altcoins investment but doing well with BTC because, everyone has their own choice to make in the crypto investment but make potential projects your investment pay more than new project.

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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.

It is true that taking a risk with a coin would be a tough deal, and I understand why some people may have some reservations regarding that situation, it is not really impossible to handle, but the reality is that we are talking about something that may not be all that what it looks like. So we need to make sure that we know what we are doing, and it would be the most important part.

I agree that it is not going to be too simple, and I agree that it is not going to be quick to judge neither, but that is exactly what it is and should be considered a big deal. I believe that we are going to end up with something that would take years to make from bitcoin or anything higher, within span of a few days with something risky, but we could also lose all our money to it as well.

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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.

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

the volatility of altcoins is not as same as that of Bitcoin, and the aim of every business is for profit maximization. It a good thing am x has been added to your investment but depending on certain consideration such as:
1)dose the x added satisfied your motive is it what you are looking for?
2)does it worth the risk of leaving it till the next pumb
Investing in altcoin is more like gambling that has much uncertainty, I usually take out my capital and profit and look for a new altcoin with a promising potentials before being caught up. But you can as well leave it for more pump, is more risky thou the choice is yours.

Obim34

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Quote from: OrangeII on December 27, 2023, 02:18:01 AM

Well, it will be a wise decision, when you take the profits you have, or at least take your main capital when you are making big profits. However, many people are greedy when they are in an advantageous position. it's like they hoped the price would go higher, and didn't take the decision to sell some of their investments. Well, it's not wrong, but the risk is very high.
Personally, I often sell when I make a profit, either I sell and take the profit before reinvesting, or I sell to take out my capital, and use the profit to try to take a bigger profit.

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.

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Quote from: synchronym on December 25, 2023, 01:13:28 PM

op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price have to pay So we should leave the tokens without any extra hope if we get a small profit.

Well, it will be a wise decision, when you take the profits you have, or at least take your main capital when you are making big profits. However, many people are greedy when they are in an advantageous position. it's like they hoped the price would go higher, and didn't take the decision to sell some of their investments. Well, it's not wrong, but the risk is very high.
Personally, I often sell when I make a profit, either I sell and take the profit before reinvesting, or I sell to take out my capital, and use the profit to try to take a bigger profit.

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All investors do not have the same mindset, they differ in philosophies and strategies that they use to invest.

Some came up with new and better ways to analyze their investments and take profits once is 20% of their investments, while some picked securities entirely by instinct and wait for their profit to hit the sky.

But for me one must not aim so high to the extent you put your capital to a greater risk, one must be disciplined enough to set a target and once the profit hit your target, you pull out irrespective of how good the market keeps going.

Humblevirus

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Before I invest in any project, I always have a plans on when I will like to take my profit, and I always do some research before I invest in any project, whether it is a new project or an old project that I know much about.that where I will know the risk I can take with I project.

I have invested in many projects and some of they are done 5x for me and still I have not take out my profits because I take less risk with those projects like just invest a very small amount of money that I will hardly think about when I lose it, I still never take out my investments profits because it possible that those projects to letter do even 100x and if possible they done 100x above I will seriously make huge profits from the small amount I invested in those projects. but for any old projects that I know they have good reputation I do invest some good amount but it is what I can afford to lose and when I see them do 3x or 4x I always take out my investment profits because I believe it will hardly do 100x and even it will do it it may take it a very long time.

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.
Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

It just depends on what coins you are trying to invest. For top altcoins most of the time 5X is just takes years unless there is something going on, most likely you will lose if you are expecting something high. Most of the time unless you have read the news, the big pump comes from nowhere so you wouldn't expect it.

Just set the threshold like 30% - 50% for me personally and then you can check for other coins or wait until the price comes down again and once again it depends on people skill and knowledge regarding this thing.

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

It all depends on the investor, before investing one needs to have a well drafted plan of what to do in any situation that comes his/her way because we are all aware of the market behavior of cryptocurrency and the volatile nature of it. Altcoins can be profitable but despite that only the smart ones can make profit from them because it is not about investing but how you manage your gains. We should always always have a plan of taking out profits or taking our capital after amassing a certain percentage of profits.

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

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

It depends on every individual, we all have our differences and separate views but as for me I won’t wait till 5x before taking profits.

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

What does everyone else do when it comes to altcoins?

Altscoins are not so reliable even though they can be profitable that’s why it is important to carry out proper research on any alts we plan to invest in because in a short period they can lose so much value. I don’t believe so much in alts but i have eyes for few alts and I intend to take profits at certain intervals during the bull market.

synchronym

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op I agree with you because when we invest in something maybe if we get some profit we want the price to go up some more then maybe we keep that thing then later we see the value of that thing goes down a lot then we are forced to sell at some price have to pay So we should leave the tokens without any extra hope if we get a small profit.

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Quote from: Wiwo on December 25, 2023, 12:50:36 PM

Quote from: doomloop on December 25, 2023, 12:42:42 PM

Quote from: Huppercase on December 23, 2023, 02:45:00 PM

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.

Because of the high volatilities with the altcoin market, reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that, this is because we may get carried away to believe that a pump in price means steady profiting, and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.

pump and dump teams are just in the newly launched projects and may only happen nowadays on shady exchanges. the bounty hunters though at very profitable in the bull run with the tokens they can forget after selling. when the price hits their target price, they can sell already.

when you have been in crypto for more than 4 years and have been from a bull market to a bear, you'll definitely become smarter in the next bull run. there is no way you will wait for the bear market and the price of your altcoins to sink again before selling. right at its peak the smart investor may already have sold them all.

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Quote from: doomloop on December 25, 2023, 12:42:42 PM

Quote from: Huppercase on December 23, 2023, 02:45:00 PM

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.

Because of the high volatilities with the altcoin market, reason why the risk involved in it is higher in proportion and also many times why do we advise ourselves to only invest in altcoin just as a gamble because you never know which one will pick in price and which time it will do that, this is because we may get carried away to believe that a pump in price means steady profiting, and instead taking off the profits you allow greed to make you push ahead and to the point that it become a total lose for us and that is one thing that have given the altcoin investment a bad image.

Well to be a smart investor one needs to pull out at the time when the party is most interesting so as not to be carried unaware by a pump and dump team.

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Quote from: Huppercase on December 23, 2023, 02:45:00 PM

Altcoins are very profitable but still I can't give you a specific answer because each altcoin has it's own unique fundamental that makes them grow, I can tell you that Solana will continue to grow as long as the market is bullish because they (team behind new and old FTX) are doing some underground pumping for recovery and stylishly selling them to get back some funds to get the exchange running and some investors are bullish too.

Altcoins are profitable, there is no doubt about that, but they are scary, scary in the sense that you never know how much value they will lose in a certain period. If you see that you have already gained enough profit on an altcoin you are holding, you should either sell all your holdings or at least sell enough to have your investment out with some profits so that even if the price falls below the point where you've bought them, you won't lose anything.

Getting greedy with altcoins can be costly sometimes. People who don't sell even when they are getting more than 2x profit on an asset will sell for less once the price starts falling, so it's better if we sell when the time is right instead of regretting not doing that when the market goes down already.

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Quote from: Asiska02 on December 24, 2023, 04:42:20 PM

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.

Whether it is Altcoins or Bitcoin, they are all risky but considering the common behavior of these altcoins, it is found to be relevant to not waiting it long to sell. A decision to sell is the best option for them once seeing it pump as we can never expect such momentum to take long, it just rises for a while and dumps after the surge. Missing the chance won't make us regret this will be difficult to expect it back especially if we are investing in hyped projects or those worthless coins (shitcoins).

We have to be smart when investing in altcoins. Some people will say patience is the key but must deal with altcoins separately and uniquely.

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Quote from: Bushdark on December 24, 2023, 12:14:57 PM

Quote from: kotajikikox on December 23, 2023, 05:19:44 PM

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

There are people that don't like investing much in cryptocurrency. They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.

It is not that they don't like because if they do then not even 5 dollars that they will invest here instead they are just trying the market , because once they learn about how it works for sure they will never let themselves to just invest that little considering how much return they might get from the market.

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

If you have invested in altcoins and have made this significant profit as you’ve said, maybe it’s time for you to take out your profit from the investment. We all know altcoins are risky investments but when you’re lucky, you can make a lot within a short time. While many are totally shit coins, some fews that make it up to some significant points, take your profits from them before they also start crashing. You’ve made smart investments by choosing those coins you invested in, the market is not looking good for many altcoins now, and getting 3X or 4X profits from an altcoin investment should be appreciated. Take your profit now and leave is my humble suggestion for you now.

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Quote from: kotajikikox on December 23, 2023, 05:19:44 PM

Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

Life is easier when you're with with winning team, you anticipated with good activities that yields profits, no one has the tendency to withstand the pressures from the market when it's in crucial postions but we can sure of our strategies implemented. The market becomes favorable only when we're open to triggered good entries in the system, everyone just have to hold onto what's available in the system. I'm not greedy, I'm making my calculating tactics on dealing with the system. Don't expect much from the space, it brings dissapointement and also bring joys, one thing I observed, everyone have to survived in the market.

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Quote from: kotajikikox on December 23, 2023, 05:19:44 PM

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

There are people that don't like investing much in cryptocurrency. They can invest as little as $5 to $10 and make huge profits in the market. We need to learn lots of ways for us to make money in the market not just the regular way of investing and taking profits from the market. We can make lots of money in the market through different ways especially investing appropriate amount off capital.
Taking profits from our investment need conscious knowledge and taking profits when we can see that we have made profits from the market.

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Pull out if you are satisfied already; greed is never a good thing. Indeed majority of the coins in the market have experienced huge pump but given these tokens are most of the time only good for short term holding, then avoid too much greed. If you are already having a feeling and if the charts said so, at least secure a portion of it. On my end I am usually taking 20% of the total profit especially if there is a bit of resistance with the market price 'coz in such way, whatever happens will still leave me with profit. Pushing all of it through will just put me in a bigger risk. I have experienced winning 200%+ then due to greed I did not pull out that tike and just sleep. Just overnight I am already in 67% loss due to the sudden dump in the value of that coin. We just never know what will happen next especially at this point wherein volatility is to high. There is also a confusion still whether bullrun has started already or not.

Quote from: kotajikikox on December 23, 2023, 05:19:44 PM

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

A lot of my altcoins have pumped over the last month or so and it has got me wondering when the best time is to take out initial investment.

Is it too early to take it out once you have doubled your money , is waiting till you have done a 5x or more too greedy?

My best investment so far has been Myria - I got lucky with this one and bought pretty much at the bottom a few months ago and I took my investment out last week once it did a 10x so I am now holding a bag of Myria with no risk.

I have other altcoins I am holding that I am up 3 or 4x on but have not taken profit yet but thinking of doing so , just take my investment out then I am holding more with no risk.

What does everyone else do when it comes to altcoins?

Actually I am not aiming to how many even doubled because I only assume at least 50% in my short term , but in my long term is for double and that is what I am expecting in the next coming halving , I don't want to be greedy nor don't wanted to be a loser.
lets be fair with the market because the market will never bring us more as assurance , try to make your life easier to never expect so much .

Also, the market price of any crypto won't continuously increase in a consistent manner; there will always be price consolidations in every resistance levels. Let us normalize taking home some of the profit than to be left with nothing or worse, with loss, if things will not be managed properly.

Topic: When do you take out your investment when in profit? - page 2. (Read 952 times)