Post
Topic
Board Altcoin Discussion
Re: Taking profits
by
stomachgrowls
on 25/12/2024, 01:57:25 UTC
What is in your opinion the most healthy way to take profits this altseason?

By setting targets, you can also create other rules such as making withdrawals from your initial investment capital. For example, if you invest $1000 and your altcoins investment makes a profit, withdraw the $1000. Then, you will have the remaining tokens from your investment, which can be your net profit. You can hold it longer or withdraw it all.
Set take profits as these things will really be the most important thing at the moment or time that you do make out some investments because if you wont really be taking any profits then you will be definitely be missing out tons of opportunities that you can be able to do so. Unless if you will be deciding on holding for long term then this is the moment or time that you will be not putting up any plans on selling out your holdings on which this one isnt really that bad either. Make up decisions that will really be according into your knowledge and awareness about on how this market works because if you do really know on how to go with the flow and making up some money then you will be able to sustain this unpredictable space. There are really just that those times or conditions that you will be hesitating on which this one is really that indeed normal. Always consider out on taking up some wise decisions in regarding into your portfolio.

We are the ones who will really be that making up such decisions because at the time or moment that we've seen ourselves not to be mindful about the risks involved or simply does make out decisions without basing up with some analysis then you will be ending up on making up some mistakes and errors. Therefore, you should really be that careful on what you are dealing into and not really just that simply make yourself that rushing up into decisions that you are into. Take profits if you do have the chance on doing so and make up some buybacks when the market do make out some dips and corrections. Rinse and repeat and you will see the difference on this one.