Which strategy do you have for taking profits? - page 5.

Wingzcrypto2018

copper member

Activity: 110

Merit: 60

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)

Nice strategy huh, this is what you called self discipline in terms of getting profit.
This is the problems of the other traders, all they know is to sell then convert into fiat, but to save it like what you did, is not their main thing activity
here.

adamlillian

member

Activity: 459

Merit: 10

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)

I think you have succeeded in investing. You should continue to keep your investment strategy. But if you are a good person, you need to share your strategy with people so that people have a better knowledge of the field of investment. thank you Grin

Bitcoin_Delivery

hero member

Activity: 952

Merit: 500

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

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: jamids on September 16, 2018, 09:52:11 PM

Every time I have profits, I don't re invest it all in cryptocurrency. Instead, I would put some to my business which is not crypto-related and something that has stable income.

And what would this steady income kind of business be? I would think that every kind of business still has certain uncertainties around it.

Well, for me I don't have a pre-determined range for taking profit. I just flow with the tide and watch my charts. If the charts say there will be a major dip from a longer timeframe, I sell off all. Then wait and re-enter at the dip.

sheenshane

legendary

Activity: 2492

Merit: 1232

Quote from: creeps on September 16, 2018, 10:28:25 PM

Quote from: rjsmith on September 16, 2018, 09:34:34 PM

Yes, we can do investment to get more profit.especially in cryptocurrency world cause this project with a lot of advantages.so i can also make huge profits from them.

There is no guaranteed returns if you only invest in this market without having any studies. Yes, its easy to buy good coins but if you don't know how to handle this market you will still loose the money. My strategy is quiet simple, I just buy top coins and hold on it until it reach my target price to earn profit. I'm not panicking at all, because I believe on every coin I have right now.

It means that having a good profit in investing good coins in the market is holding a long-term, which is patiently to wait for your gain and cut it when it reaches your target ROI on your investment. Well, that is effective because that is what I am doing now. Waiting until the market becomes bullish and when I saw profit was there that's the time of cutting gains. Indeed, we don't know the possible happen in the market so, the best thing to do is wait and avoid panic selling at all.

creeps

full member

Activity: 742

Merit: 144

Quote from: rjsmith on September 16, 2018, 09:34:34 PM

Yes, we can do investment to get more profit.especially in cryptocurrency world cause this project with a lot of advantages.so i can also make huge profits from them.

There is no guaranteed returns if you only invest in this market without having any studies. Yes, its easy to buy good coins but if you don't know how to handle this market you will still loose the money. My strategy is quiet simple, I just buy top coins and hold on it until it reach my target price to earn profit. I'm not panicking at all, because I believe on every coin I have right now.

jamids

sr. member

Activity: 616

Merit: 252

Quote from: Dreamchaser21 on September 16, 2018, 06:52:55 PM

I just set my possible profit and then take that profit away from the market, I usually put it in stock market and save some money so I can have money to use to put my own business. I’m preparing for something that I think will last for good, and that’s actually having a good business.

Every time I have profits, I don't re invest it all in cryptocurrency. Instead, I would put some to my business which is not crypto-related and something that has stable income. I know that income from cryptocurrency is unlimited and the higher your capital is, the higher the possibility of profits (and losses). I would minimize my risk by diversifying my investments in different income opportunities so that when one industry fails, I would always have a back up income. As for taking profits, I would just sell it all when it reach my target price because I learned my lesson before being greedy and hoping for the price to go up some more.

Moiyah

member

Activity: 630

Merit: 20

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)

Well done in doing your strategy. But as a trader, when I gained profits, I invest it again with another coin. I am just withdrawing some of my profits when I badly needed money for emergency cases only.

Quote from: Ruslanabramov748 on September 02, 2018, 09:12:24 AM

Technical analysis, fundamental analysis, support and resistance levels, trend lines and discipline Wink

What's this? Is this your strategy?'why don't you elaborate those things for it to be clear enough to understand? Sharing your knowledge is caring. Your shortcut comment is vague.

rjsmith

copper member

Activity: 364

Merit: 0

Yes, we can do investment to get more profit.especially in cryptocurrency world cause this project with a lot of advantages.so i can also make huge profits from them.

Dreamchaser21

full member

Activity: 686

Merit: 108

I just set my possible profit and then take that profit away from the market, I usually put it in stock market and save some money so I can have money to use to put my own business. I’m preparing for something that I think will last for good, and that’s actually having a good business.

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: Ziskinberg on September 16, 2018, 05:58:09 PM

Quote from: Ryker1 on September 16, 2018, 12:54:29 PM

Quote from: loof99 on September 16, 2018, 12:13:09 PM

I practically getting airdrops and bounties for me to supply my weekly needs. I usually having my budget here weakly but not that much maybe average labor wage or salary. One of the tactics here to profit is to hodl many coins even though it is useless or the value was low. Just keep and hodl, trade as if you have that budget to and have a virtue of waiting as of it has now a value.

I'm the same though, I'm getting my money at my part-time job, and I'm also joining bounty programs to earn somehow because it's really hard to earn right now. For me that's a good strategy since you just need to wait and hold till it gets high again, you just need to endure it, I'm earning so there's no problem.

Same with my case too.Since i still have my income from bounty campaigns,i still prefer buy and hold in trading.Of course i always buy when the price is low and definitely wait for a good price increase to sell them in my traget price so i can also make huge profits from them.

Usually bounty really help in trading activity, when we stuck in some coins, we still can earn money from bounty campaign and sell it especiallly if it is on good price. So beside trading, keep earn money in other way is good to do.

Ziskinberg

hero member

Activity: 3010

Merit: 666

Quote from: Ryker1 on September 16, 2018, 12:54:29 PM

Quote from: loof99 on September 16, 2018, 12:13:09 PM

I practically getting airdrops and bounties for me to supply my weekly needs. I usually having my budget here weakly but not that much maybe average labor wage or salary. One of the tactics here to profit is to hodl many coins even though it is useless or the value was low. Just keep and hodl, trade as if you have that budget to and have a virtue of waiting as of it has now a value.

I'm the same though, I'm getting my money at my part-time job, and I'm also joining bounty programs to earn somehow because it's really hard to earn right now. For me that's a good strategy since you just need to wait and hold till it gets high again, you just need to endure it, I'm earning so there's no problem.

Same with my case too.Since i still have my income from bounty campaigns,i still prefer buy and hold in trading.Of course i always buy when the price is low and definitely wait for a good price increase to sell them in my traget price so i can also make huge profits from them.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: mabell943 on September 16, 2018, 09:38:46 AM

As a good strategy I was doing is very practical as I start on cyrpto. I used to accept airdrops and campaigns and holding of coins and tokens. If my coins or tokens have that now a value even that to much high I used to sell the quarter of this as testing so that if it increases I have that coin and token to sell to. Being practical is the key. Do not force yourself on million dollar profiting, slowly but surely will profit that's enough.

You have such nice plan, You are not selling all and you are not using all but you are using moderate way of selling and buying of bitcoin, it is good to keep the key of your success in your hands and trust me bitcoin is nothing but the guaranty of higher profit and brighter future, same as you I am trying to buy more bitcoins but I never think of selling all my coins at panic selling price, so holding is my actual profit making strategy.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

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)

The strategy you use is quite nice and a strategy that can be quite useful for you. Making new investments through profit margin and increasing capital with these investments is a very logical option in order to bring the continuity of the transaction. With this strategy, you are getting income on a regular basis and you are constantly increasing your capital with the gains you have. As long as there is an increase in capital, the profit margin is increased and the indirect capital is growing faster than normal. I think it is logical and a new investor is a method that must be tried.

Ryker1

sr. member

Activity: 1932

Merit: 442

Eloncoin.org - Mars, here we come!

Quote from: loof99 on September 16, 2018, 12:13:09 PM

I practically getting airdrops and bounties for me to supply my weekly needs. I usually having my budget here weakly but not that much maybe average labor wage or salary. One of the tactics here to profit is to hodl many coins even though it is useless or the value was low. Just keep and hodl, trade as if you have that budget to and have a virtue of waiting as of it has now a value.

I'm the same though, I'm getting my money at my part-time job, and I'm also joining bounty programs to earn somehow because it's really hard to earn right now. For me that's a good strategy since you just need to wait and hold till it gets high again, you just need to endure it, I'm earning so there's no problem.

loof99

sr. member

Activity: 524

Merit: 258

I practically getting airdrops and bounties for me to supply my weekly needs. I usually having my budget here weakly but not that much maybe average labor wage or salary. One of the tactics here to profit is to hodl many coins even though it is useless or the value was low. Just keep and hodl, trade as if you have that budget to and have a virtue of waiting as of it has now a value.

phroyRov6

newbie

Activity: 44

Merit: 0

Quote from: Ninciabr on April 15, 2018, 11:30:51 AM

Well, when do you sell the whole volume, when will the price increase by 500%? Well, then this long wait.

It's not about how much you make, it's about when you think it's the market is changing, and adapt quickly enough to adjust to these new conditions. Setting and ROI target is wrong, that's called the emotion of desire. A deadly strategy and will most likely lead to losses.

If warren buffet set a ROI cap, do you think he would still be one of the richest men in the world?

katri

newbie

Activity: 140

Merit: 0

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)

if i were you i have withdrawn all my holdings. 50% is already a big profit. unlike me, my capital was loss for over 90% i have never seen my coin to gain even 5%. i just hold my coin until now. maybe if i get even a little amount I will immediately sell my coins.

fudster

sr. member

Activity: 1190

Merit: 255

Waiting for a 500x fold is a very long wait but its going to be rewarding, there may have lots of regrets along the way but if you know nothing about trading I guess that's one of the option to go through than just losing the money you have. Doing bounty campaigns while waiting still is one thing that you can do. The only thing you have to look for though is which coin to hold.

perla

hero member

Activity: 1932

Merit: 504

Quote from: XbladedThanos on August 28, 2018, 01:09:40 PM

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)

At a rise I sell all my coins and then buy at the dip most of the time it might work or not depending on the coin

All in in trading is good. but once you get stuck, you only can wait price to be your target. But if like OP who split his profit to another thing, he can save to minimize risk to trade if only in 1 coin

Topic: Which strategy do you have for taking profits? - page 5. (Read 801 times)