Quote from: Distinctin on May 14, 2019, 06:03:33 AM

Quote from: boyptc on May 13, 2019, 11:36:18 PM

Quote from: colucho on May 13, 2019, 08:46:59 AM

Hi.
I'm really a newbie. I have invested about 500 when the BTC was in 6000USD. I have maintained my position despite the rebounds on Sunday. The profit that my Coinbase presents right now is around 15. I do not know what to do. Can you guide me please? Thank you.

Take the profit and leave the capital, that's all you have to do.

And if you don't need for the meanwhile the profit you took out of your total money in coinbase, you can buy back but you need to watch closely the market.

Good advise mate, yes, we should learn to take profit as we don't know what will happen ahead.
The market is moving really well, but it's so fast so bad things could come after the pump, if you will not sell you might end up regretting.
When you take your profit, you will minimize your possible loses but you can still expect a good return over time with the remaining amount you hold.
500 is not that much as a capital, but a profit is a profit.

Why not take the capital and leave the profit on your wallet? I think this is more effective and a more safe kind of investment. The bull is confirmed and many already make their profit, the market dumps small because investors take their profit its good to follow them. No one can say if the market will pump high, so secure your capital now and play only with your profits.