Post
Topic
Board Altcoin Discussion
Re: Solve taking profit problems.
by
ardentvolcanoes
on 29/12/2020, 15:20:11 UTC
One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?
Taking profit is one of the toughest decisions a hodler had to take because you will be deprived of your loved and emotionally attached coins. Im also one of the hodlers that always keep hodling and after seeing peak and getting to reversal regrets to take profit I hope i will improve next time.

Practice and base things from your previous experienced. It's tough especially when greed comes up instead of taking profits you'll that it will bring

more, only to realize that corrections already taking place and you missed the opportunities to get decent from your investment. Think of this, much

better having small profits than nothing.