Post
Topic
Board Bitcoin Discussion
Re: How do you go about realizing gains? If you opt not to, what is your reason?
by
Eureka_07
on 25/08/2023, 21:08:28 UTC
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.
I can't claim that it's a "secured" profit. However, if the market rises out of the bear phase, it would be best to place a sell order at my target selling price. This way, I can ensure that I don't miss the opportunity to sell at my desired price. What about you, OP? How do you plan to secure your profit in case the bear market comes to an end?