Post
Topic
Board Altcoin Discussion
Re: Take the profit OR hold on
by
BitcoinPanther
on 11/04/2019, 20:51:55 UTC
I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

Definitely a profit is a profit, if it hit your target then why not.  In trading, you need to set your entry and exit plan.  You must also have a target profit.  Most wanna be traders fail because they do not have plan when investing in cryptocurrency.  Sometimes they hold too much and often times they are impatient.  If you are a bit hesitant you can always sell half of  your holdings and wait for the next incline to sell the other half.