Post
Topic
Board Altcoin Discussion
Re: Taking profits
by
GxSTxV
on 25/12/2024, 19:06:19 UTC
Hello,

What is in your opinion the most healthy way to take profits this altseason?

Looking forward to your thoughts!

Merry Christmas.
Merry Christmas to you as well

In my experience, the best healthiest way to take profits this altseason or even other markets is by taking them in smaller consistent cuts whether weekly or monthly. This method not only will help you to lock in your gains but also reduces the risk of market volatility wiping out your profits and capital both. I prefer seting clear targets for partial withdrawals that allow you to stay disciplined and avoid the temptation to hold on too long waiting for the big one move.

It also gives you the flexibility to reinvest your profits or diversify them when more opportunities apear. Of course, everyone strategy depends on their goals and risk tolerance but this method is the best for me.