Post
Topic
Board Beginners & Help
Re: Why are you taking profit on bitcoin?
by
goldkingcoiner
on 20/07/2025, 14:58:46 UTC

Some are taking profit to actually invest into other assets

That is funny, I am using other assets for taking profit which I then invest into Bitcoin. But hey, to each trader his/her own...

There is nothing wrong with taking profit as long as your profits are then converted to Bitcoin, which in itself will bring even further profit. That is my plan, at least. I am in no position to be giving any trader advice since it is their money not mine, and everyone has their own strategies.

But if you are risky enough to put in some money into some pump and dump coin and actually make a profit, obviously the smart move would be to convert the profits into something more reliable and worthwhile... Like Bitcoin... Grin