Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?
If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?
The best way to enjoy your profit is to become not greedy to your self, because when you greedy u can lose all your profits u have. Do some research and look for the fresh news about your cryptocurrency it's better u get 1% profit everyday rather than having 30% profit and the u lose it all
Mathematically, 1% every day will be a big profit in 1 month, but sometimes the target cannot be consistently achieved so that the target is different every day. for me see the market to get the target is the main thing, we can place the target in the nearest resistance area, and I think more than 1% can be achieved.