Post
Topic
Board Altcoin Discussion
Re: Using Crypto profits
by
NewRanger
on 17/05/2022, 21:42:05 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.
this is the way we will growth our crypto balance massively. take profits and take our initial balance in our investment and let the rest  running. this is simplest way that used by alot investors in crypto market, sometimes taking our initial balance to avoid big dump happen , eventhough it happen we safe our money yet. for long term current price was good enough if we start buying with small amount, maybe pump will come soon.
bitcoin and altcoin looks strong now , alot investors or traders said the bottom is in now. accumulating potential projects and top cmc for long term investment will give us low risk with buying on current price. i am do agree taking our initial balance when profit running was to keep our money from lose,psychologycally we will feel comfort when initial balance withdrawn. let it profit run no matter scam or not we 've save money.