Which strategy do you have for taking profits? - page 4.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: Iykecollins on September 17, 2018, 04:51:37 AM

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

Normally, gradually selling as the price goes up is always the best way to go when it comes to selling.
Most times it is always good to wait for those FOMO periods and then gradually start offloading and then at least, once you see you have been able to get out your initial capital, then, you can decide to start playing with the rest until you are sure the market is switching back to a downtrend and then you can get out completely.

I am a trend follower anyway, and I do not like trading a pump and dump market, which makes it for me to always be able to trade the trends on any time frame without having to offload bit by bit on the way up. When I need to get out, I get out and when I need to get in, I do so which includes stopping losses as well.

sedahan13

member

Activity: 462

Merit: 10

The difficult thing when take profit is we dont know how high the price will going, because we can see in bull market many coins possible going up 10 to 20 times just in 1 to 2 month. So my idea is to use trigger order as trailling stop to lock the profit and to maximum the profit as well.

ashkanm

newbie

Activity: 238

Merit: 0

The strategy l have for taking profit by now is to buy dump coins and hold it until the price is high for me. I think this is the best idea now to earn in bitcoin. Traders and investors are interested in investing in bitcoin because this is the best way to produce money easily. Especially when you hold it for a long time. Many rich people are investing to bitcoin now because of the very high earnings to bitcoin. Find out how to earn quick in bitcoin and you will prosper very quick.

ongkok87

sr. member

Activity: 1120

Merit: 256

Quote from: Bitcoin_Delivery on September 16, 2018, 11:36:32 PM

I will make a decision or take profit when I think that is enough for me to take profit. because sometimes I also experience a loss when I pick it up

with that the strategy that will be needed is just holding and holding until the price of the coin that we want has been reached, so the benefits that we will get are also good later

Robotbitcoin22

sr. member

Activity: 854

Merit: 250

I will usually make overall sales to be able to get profits and look for coins again. I will not hold it back because I already feel the benefits of trading,which is feared if later it will experience losses due to hold

mkhadazz

sr. member

Activity: 560

Merit: 250

the strategy that I used to search for and benefit from trading was that I waited for the most appropriate moment to buy and usually the moment could come when the price of bitcoin was already saturated and there was bad news that the price would fall and that I used to seek profit with how to buy at a cheap price.

marketone

legendary

Activity: 1302

Merit: 1000

Quote from: mornabo on September 17, 2018, 09:36:44 PM

Quote from: Finestream on September 17, 2018, 05:54:25 PM

Quote from: Temujhin on September 17, 2018, 03:06:44 PM

For the moment, I find it difficult to find profits quickly, too much risk, so my strategy is now to buy coins and hold them temporarily for a while, because I now first assess market movements to be able to make a profit, and indeed the current market is fluctuating unclear, so it takes a long time to get the benefits

I also prefer buy low and sell high at the moment.The market is really hard to make profit nowadays so by simply holding your coins even a year or two will definitley give you a huge profit in the coming years.You will not really lose big with this dump market unless you sell your coins.

Lol, if the market conditions are difficult, why are you still applying "buy low sell high", is it when bad market conditions like this, the price won't rise too high? will you continue to wait for that? for market conditions like today I think it would be better if when the price jump, you use it as best as possible

Exactly, there is no exact guessing about the present condition of the market most of the people will not trade at this condition. Look at the price of bitcoin it goes down nearly 300$ due to there is no resistance as the level. So it is impossible to buy low and sell high, we have to be very accurate for your question and it is a very tough job to get accurate profit.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: Finestream on September 17, 2018, 05:54:25 PM

Quote from: Temujhin on September 17, 2018, 03:06:44 PM

For the moment, I find it difficult to find profits quickly, too much risk, so my strategy is now to buy coins and hold them temporarily for a while, because I now first assess market movements to be able to make a profit, and indeed the current market is fluctuating unclear, so it takes a long time to get the benefits

I also prefer buy low and sell high at the moment.The market is really hard to make profit nowadays so by simply holding your coins even a year or two will definitley give you a huge profit in the coming years.You will not really lose big with this dump market unless you sell your coins.

Lol, if the market conditions are difficult, why are you still applying "buy low sell high", is it when bad market conditions like this, the price won't rise too high? will you continue to wait for that? for market conditions like today I think it would be better if when the price jump, you use it as best as possible

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Temujhin on September 17, 2018, 03:06:44 PM

For the moment, I find it difficult to find profits quickly, too much risk, so my strategy is now to buy coins and hold them temporarily for a while, because I now first assess market movements to be able to make a profit, and indeed the current market is fluctuating unclear, so it takes a long time to get the benefits

I also prefer buy low and sell high at the moment.The market is really hard to make profit nowadays so by simply holding your coins even a year or two will definitley give you a huge profit in the coming years.You will not really lose big with this dump market unless you sell your coins.

Daniel9140

jr. member

Activity: 252

Merit: 1

mostly, i take profits from my coins only when the coin has done 200 percent in gains. i sell 50 percent, book enough profits and hold the coins/tokens for the long term. This is how i do my things

Temujhin

newbie

Activity: 129

Merit: 0

For the moment, I find it difficult to find profits quickly, too much risk, so my strategy is now to buy coins and hold them temporarily for a while, because I now first assess market movements to be able to make a profit, and indeed the current market is fluctuating unclear, so it takes a long time to get the benefits

Tahsin Kabir Kollol

full member

Activity: 1610

Merit: 102

I do not have any unique strategy for taking profit. I just watch market strategy and made my mind to buy or sell. Simply I want to invest in some main currency and wait for my profit. I am sure the market will up itself and I gain my profit.

tulezua

full member

Activity: 279

Merit: 100

You are on the right track when you find a good strategy to continue to receive profits. Some currencies can trade on the market and in ICO they can earn as much money as investing.

A.H.Rassel

sr. member

Activity: 560

Merit: 251

Quote from: Iykecollins on September 17, 2018, 04:51:37 AM

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

I have not been able to get profits now and I'm going to invest more as I can because of I believe Bitcoin, Ethereum, EOS, Waves, Litecoin, Dash, Neo are the best coins and crypto market recover himself very soon.

umar22pk

full member

Activity: 602

Merit: 100

Quote from: Cryptoeagle on February 07, 2018, 04:25:34 PM

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

My strategy is very simple, I work out about project from where I got tokens if I think tokens are good & have a good future then I will hold them even the price goes down, because I’m sure at one day it will go up.
On other side I sell 50% that tokens which are no good in my opinion & I’m not sure will I get profit or not so I will keep hold that coin or token 50%.

earnadoge

member

Activity: 175

Merit: 12

Quote from: Iykecollins on September 17, 2018, 04:51:37 AM

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.

IriskaLate

jr. member

Activity: 364

Merit: 1

Investing in Bitcoin, Lisk, NEO and a couple more coins and of course I'm looking at new ico projects in order not to miss out on new promising coins.Now I think the perfect time to buy is good growth for the winter - this is my opinion based on the analysis of the market. Wink

Iykecollins

copper member

Activity: 376

Merit: 1

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

clairdelune

jr. member

Activity: 168

Merit: 1

Quote from: Cryptoeagle on February 07, 2018, 04:25:34 PM

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

For me my strategy is to join some campaigns and then hodl the coin that I have then I used some of my coins for trading and some for my family expenses, then for reinvesting coins in the ICO. I do not only used the coin in one purpose I divided it. Cause if I just used it in only one maybe I will regret of not doing it to my coin.

Aivaryamal

full member

Activity: 1162

Merit: 101

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

Topic: Which strategy do you have for taking profits? - page 4. (Read 801 times)