Post
Topic
Board Altcoin Discussion
Re: How to take profits?
by
mumang siat
on 09/08/2022, 05:18:37 UTC
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.
What is the basic investment that you actually expect, isn't that investment only for profit, I prefer to enter the market with the power of the coins I have, so at some point I can get out of the market chaos. I mean this way, if the initial investment can provide a profit, then convert half of the profit to start reinvesting.
So there are two advantages that we get and the investment that we make continues to run.