Post
Topic
Board Altcoin Discussion
Re: Using Crypto profits
by
endut15
on 14/05/2022, 16:40:43 UTC
Simple, i usually use the profit to re-invest it in other crypto.
If you look at the crypto market now, the downtrend of coins has started, bitcoin price now around $34k.
This is a good opportunity to buy and accumulate some top coins in the market, and hold them until we get a decent profit.
I do it a little differently to you. I take half of the profits for me to use in other needs. like a vacation or some wish that I have to fulfill. I have to do this concept, if all my capital and profits are kept in crypto, this is too insecure in my opinion. because if one day the market falls, we cannot enjoy the fruits of our labor. As it is now, the market has fallen by various factors, one of which is inflation.