Quote from: Essential10 on Today at 05:32:51 AM

Quote from: Vincom on February 01, 2024, 10:38:01 PM

Have you ever been profitable and taken profits in the crypto market?
How did you use that profit? Do you use that profit or reinvest it?
Do you think using profits is also important for your investment journey?

I have never profited from trading. I have investments in bitcoin and ethereum coins. I am now seeing more than double profits from my bitcoin investment. I don't want to withdraw my dividend now, I expect more from here in the future. I still haven't considered whether to reinvest if I withdraw my dividend. But if I invest from dividend then I will invest 70% of dividend and keep 30% with capital. I think the ability to make a profit is a fundamental aspect of creating and sustaining financial freedom.

I think hodling is very easy to gain profit, all what you just need need is patience to wait. But for me I don't fancy to to reinvest with all the profit I derived in investing. I will always take profit, still use my capital to reinvest or to add some fund to the capital. The reason why I prefer to take profit is because cryptocurrency is always risky , and you can never tell what can happen in the market.