Quote from: goldkingcoiner on July 20, 2025, 02:58:46 PM

Quote from: EL MOHA on July 20, 2025, 02:46:46 PM

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...

This were the steps I took when I started getting profits in Bitcoin at my beginners journey, lol
I'll literally sell off my capital and profits to buy another asset thinking Bitcoin had stopped rising while other assets will soon start rising just the way Bitcoin did. That's a messy strategy, very very destructive.

The main thing is, take profits whenever you can. It's nobody's business whether you rebuy when it retraces, buys another asset with the profit, spend it on your needs. What really matters, take profits whenever you can.