When it comes to taking profits in crypto, there’s a lot you need to bear in mind. After all, the volatility of digital currencies represents a double-edged sword.

It’s common to see multiple four to five percent moves within the span of just 60 minutes. Occasional spikes of forty or even fifty percent aren’t unheard of.

The advantages of crypto markets prove obvious. For example, they remain more accessible. But here’s where the double-edged sword metaphor comes into play.

You see, inexperienced traders gain easy access to crypto exchanges, and there they may get presented with life-changing financial opportunities in the form of volatility.

At the same time, this volatility represents a trap to these newcomers, especially if they allow their emotions to get in the way of logic.