Post
Topic
Board Altcoin Discussion
Re: taking profit can be hard sometimes.
by
MUG1WARA
on 27/04/2021, 22:27:51 UTC
some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

Taking profits is hard but a necessity if you must become a successful trader. Only greed can make us not take profits when we can
its really hard just take profits and walk away sometimes because of our human emotions of how we would lose out if the coin continues pumping, alot of traders find it very difficult to close a winning trade cause they are greedy and want more profits from that trade, this is where having a target profit helps out, cause by having a target profit you will never find it hard to take profit.