I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.
Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?
How do you guys do this ?
I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.
I have read a lot of advice on this subject, and I liked the advice that when you invest in a certain project, it is advisable to take your initial investments from there. This way you will have diversification of your portfolio, your money will be constantly in circulation, and those projects that you bought earlier will develop your portfolio solely on the profit received, not on the initial investment. Thus, you will have a constant circulation of free funds and it will help to make a profitable deal if it suddenly appears, such as the purchase of some project at a good price.