Post
Topic
Board Trading Discussion
Re: Take profits – But into what?
by
Hemady17
on 20/02/2018, 09:06:12 UTC
Hi,

I started with Crypto Last Year in September so before the big run up where everything was green every day. That’s when you think you are so good in trading Cryptos😉

Everybody knows what happened … the little dip  Shocked and of course I didn't take any profits before the dip, so it was also hard to buy the dip afterwards.

My Question is now when I take profits to stake up for the next dip, into what should I convert it?
Do you convert into FIAT and in the Dip you put it back to Crypto or do you convert to a Top 3 Crypto?
Do use Tether as it should be stable?

Let me know your way  Cool



It's good thing that you get the crypto in low price. Gone are the days where the BTC price was under 300 USD.  Let assume that you profited around 5000% of your initial investment, the thing I would do are:

     1. 50% of gain would be retain in my original portfolio
     2. 30% would go to re-investment  (ETH, Ripple, and Litecoin)
     3. 10% Portion of my gain would be given to charitable institution
     4. 10% for vacation! I like to spend some for recreational activities for me to taste the fruit of hard work.