Post
Topic
Board Altcoin Discussion
Re: Solve taking profit problems.
by
btcltcdigger
on 02/01/2021, 21:56:16 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.?

2 ways basically imo:

1) Case one - crypto you believe in
- basically you set yourself a price at which you sell and that's it. For example, set BTC sell price at $50k and wait

2) Case two - crypto for quick gains
- basically use TA and set several targets for profit