Post
Topic
Board Trading Discussion
Re: Newbie - when to take profit
by
Thanasis
on 15/08/2019, 06:19:48 UTC
This may be a silly question - Ok so I now have £700 invested in bitcoin . Let's say it goes up by £50 - do I remove the profit and leave the working capital( £700 )in bitcoin ? Or do I take the lot?

If I take the lot then when I buy back in It may pay a higher price. What do you suggest?
If you want to take out your profits then grow it atleast to 50% of growth from your capital then take out your half of the capital and then let the remaining work for you then cash out the remaining half after 100% growth so now you have only profits as your hold so just hold it until you feel no more reach the bitcoin can.