Topic: Which strategy do you have for taking profits? - page 3. (Read 801 times)
The best strategy for me is to sell gradually to the top, it was taught me and known as the ladder technique, just sell as price goes up, may sell 20% of your holding at every level up
In my opinion, the best strategy is to hold on to the long run, because only the long run gives you the opportunity to choose the best price for a penny, so I think the market will recover, and I will always wait. wait.
When situation of crypto market is not bull run yet, in trading i was take profit between 10% to 15% pertrade and use stop loss 6%. And i try to make more money by compound it, compound is the best way to make more profit in trading activity, by this way its possible to earn up to 50% to 100% amonth in currenct situation of market. And i will withdraw about 10% of profit amonth in to cash.
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
My current strategy to take profit is to trade quickly (scalping). I can't hold it too long, it's very risky. I only buy with a portion of capital and when prices rise 2% to 10% I will take that. and repeat it for several times on different coins. after the target is reached, I will pull it on the fiat wallet.
Here are some tips that you can try,
1. Map Capital Strength
See how much your capital strength is, then map it out by making a trading plan. Profit targets should be realistic. For example, the average trader usually earns 10-20% per month from initial capital.
2. Manage Risks
As stated, the risk is directly proportional to opportunities. For this reason you need to set how much you tolerate the risks that might occur.
3. Expand Views
Most traders just stick to one trading instrument
1. Map Capital Strength
See how much your capital strength is, then map it out by making a trading plan. Profit targets should be realistic. For example, the average trader usually earns 10-20% per month from initial capital.
2. Manage Risks
As stated, the risk is directly proportional to opportunities. For this reason you need to set how much you tolerate the risks that might occur.
3. Expand Views
Most traders just stick to one trading instrument
Cool. You did it right.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
Yes thats the way to make a profit in ico's there are such more making a profit in ico's not only joining bounty campaigns and never put it in just one basket.
Exactly you are right instead of selling them for the loss it is good to hold them until the price of the coin should be more than the ICO price. Most of the time i used to hold the coin as long the price should which i get through the bounty.
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
My strategy is to take whatever, I just take whatever amount I think I should take out and that depends on how much profit I was able to make. Sometimes if there are signs that the market will drop after rising, I would withdraw everything I have and wait for it to drop and once it has dropped I will quickly buy in again, with either 50% or lesser than that (like I said before – it depends) and wait for the price to rise again for another gain. Well, when do you sell the whole volume, when will the price increase by 500%? Well, then this long wait.
You may not know when the coin has actually gotten to the peak, the best strategy at this point is to sell gradually to the top, here it means one can sell every 20% of one's holdings as the price pumps
What I do basically is that, I try to wait for the price of what I bought to double and I take my initial capital and little profit and leave the rest there to gain more. This is more like a risk free trade after you have made your profits
My strategy has never changed!
1. When I earn more than 20% of the cryptocurrency, sell them!
2. When I lose more than 20% of the cryptocurrency, sell them!
3. When the market as a whole falls, convert all the altcoins into USDT or Bitcoin for preservation!
1. When I earn more than 20% of the cryptocurrency, sell them!
2. When I lose more than 20% of the cryptocurrency, sell them!
3. When the market as a whole falls, convert all the altcoins into USDT or Bitcoin for preservation!
In my opinion, the second item is incorrect. Typically, the coin price on the crypto-exchange markets drops to -20% and then bounces back to +10% or higher because many investors start buying cheap coins. You need to figure out the current trend of the price movement. If you are sure that the circumstances are negative, sell your crypto-currency immediately. Do not sell coins at low prices if you are in doubt.
My trading strategy is based on scalping, sometimes I use an arbitrage tools. I trade many crypto-currencies simultaneously. I often follow the news from the teams of the coins that I bought.
Though I don't believe in an exact strategy, because every time I need to change my strategy to make profits. I don't wait for 50% rise of my portfolio! Rather I prefer 20-30% profit from my investment in trades! I like to increase my coins, not USD! Because I believe a regular trader don't withdraw every day! Sometimes I can't make a profit, but still, I don't hold, I sell in a little loss and buy again new coins to make sure profits! This is my personal strategy, I stopped following others trading strategy after losing huge money!
Just plan your trade - and trade your plan.
The strategy is your plan for how to win this war. You can describe it before you got a clear goal.
Therefore it would be wiser to start from the end-point (your personal goal) and start analyzing you think realistically you can achieve it, knowing the current volatility and market conditions.
TIP:
Long-term wins them all.
The strategy is your plan for how to win this war. You can describe it before you got a clear goal.
Therefore it would be wiser to start from the end-point (your personal goal) and start analyzing you think realistically you can achieve it, knowing the current volatility and market conditions.
TIP:
Long-term wins them all.
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
That is just theory and I think it will be difficult to do. To get the absolute profit, you should set a profit target before investing. When buying altcoins, you should place the correct order with your target. Do not let greed make your portfolio go down. 
My strategy has never changed!
1. When I earn more than 20% of the cryptocurrency, sell them!
2. When I lose more than 20% of the cryptocurrency, sell them!
3. When the market as a whole falls, convert all the altcoins into USDT or Bitcoin for preservation!
1. When I earn more than 20% of the cryptocurrency, sell them!
2. When I lose more than 20% of the cryptocurrency, sell them!
3. When the market as a whole falls, convert all the altcoins into USDT or Bitcoin for preservation!
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
So you take out about 10% or so and then you leave the rest (which is about 40%+)? No, I can’t do that kind of thing. It would be much better if you take out 40% and leave the remaining 10%,which is what you continue with. Well, we all have our own strategies that we trade with, if that’s really how you’re okay with trading, then you can continue with it. 
When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
Well this is a good strategy. You are holding I think and you don't do day trading.Since this is trading discussion, what I will share is my strategy in trading. Since I'm doing scalping, I only make my trade when I got 1% profit already then I will find for another coin again. In this way, you can get more profit but on the other hand, it will be more risky and stressful.
Cool. You did it right.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
Yes thats the way to make a profit in ico's there are such more making a profit in ico's not only joining bounty campaigns and never put it in just one basket.
I take profit in usdt and or fiat, I sell all the way up, this I call the ladder sell, it has to do with gradually selling as price goes up, in case of price drops, such that one will still have the opportunity and fiat to buy back and same way down
This is quite interesting, I was thinking of something like that as well. What I did was buy a coin at small amounts weekly, and than one day if it jumps, and I need the money, I cash out some. I'm always afraid if I sell, I won't get it for cheaper, but I like this ladder style.
Cool. You did it right.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
I always remember what people use to say here. Never put it in just one basket.
Have the same idea. Profits will go to a trusted ICO. Pick one everytime a profit came and try to circulate it again to another afterwards.
It is not perfect, there are some flaws but it is a good strategy cause I already felt the goods it gave.
Now, is just a time to wait because we all know that every coin and token dropped in value.
Yes thats the way to make a profit in ico's there are such more making a profit in ico's not only joining bounty campaigns and never put it in just one basket.
I have about 80 different cryptocurrencies in my portfolio and when any of them grows by 100%, I withdraw this profit to Fiat or buy another cryptocurrency
What a strategy! Well, everyone knows the best strategy that works for them and as long as that has been working for you, I have nothing else to say about it. 80 cryptocurrencies at once sounds a whole lot to me most especially when it comes to monitoring them and I simply have no idea how you do that. Normally, if you are trading regularly, it is usually better you trade the number of coins you feel you can handle rather than trying to pack everything. For someone though who is looking at the long term and at least which seems like your case, it might be worth trying. Jump to: