I want to hear from you:
- 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?
In fact, I have experienced profits and losses from the crypto market. But I am grateful because I got a lot of benefits from there. Answering questions number 2 and 3, of course I still take some profits and use the rest to increase the value of my investment. I'm not a trader but I'm a long term holder so that's why I often profit from losses. Crypto will still continue to move and develop. There are still many people in the world who are not familiar with crypto and I think the crypto market still has good potential in the future.
We all experience that; all we need to do is learn from everything we do, whether we make money or not. Because I do day trading and compounding, which is the way I often do it, as long as there is a buying or selling opportunity, I will definitely do it to position myself in trading.
And when I accumulate my profit in one day, I save 20% of it for my daily expenses. Only financial management and a timetable are needed for everything to be systematic.
If others know this for sure they can maintain profit here in crypto space.