Bitcoin Forum

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

I think it's because the nature of most humans(trader and investor) is greedy and less satisfied with what has been achieved. the key is we must have a target price.

Not all crypto lovers are investors and traders, before entering the market, therefore you should have your target and know exactly what you are out for, in the crypto space, we have day to day traders( short term) and investors (long term) where traders trade and take out profit in a short period of time, you should know exactly that while watching your trades, on the other hand, investors are long term holders who fears not even if the price of coin keeps falling, with these characteristics, you should place yourself where you think you can find it possibly for you to accumulate your portfolio.

Just follow the market, your target may vary depended on the price that already achieved in the market. Never try to be greedy person by putting a lot of money on it. Remember this you can also try to change your target if the price of coin already surpassed your target but you must have sold some of your coins to avoid the dump that could happen anytime.
Just think about to get back your initial investment and then keep the rest to be sold in a higher price if the coin has potential to achieve it.
I know that if that's a very difficult thing but you can do that dude.

It's not hard. As long as you get a good amount of profit, you take them out. You don't have to be greedy when taking out profits. As long as you have more than the break-even, you are good man.
The more you become greedy, the harder for you to take profits. You regret that what if it gets higher tomorrow or later, forget about that mindset. If you tend to hold then just forget about selling at the moment and hold it. But if you tend to trade and enjoy your money and investments, get the profit at any percentage you are satisfied as long as it's existing.

It's really a good idea and highly recommended to take out the seed investment so if anything happens you are safe, in a highly volatile market we need to moderate our greed, get your seed profit out, and those that remain just let is for long term profit, just make sure you sell there is a hint when the market or the coin is crashing.

It should not be hard if you have a target and you are not greedy.

GREED is the main reason why we have doubts on selling because we want more, we already make a profit when we sell but still hold because of that greed but we don't know what's coming, so it could happen that the time will come that we regret for not selling, which is not good.

Emotion has no room when it comes to trading, all your action should be objective.

Not some of us but the majority of traders and investors are experiencing and suffering from this, it all goes down to greediness, it's just human to want more but when it comes to a highly volatile market like Crytocurrency it becomes a trap, I have a lot of regrets extending on what I want more, and I also highly recommended what you recommended to always take out your investment and content with a small profit if you are not ready to put yourself in a high-risk situation.

Its become harder again when everybody tell about the fomo about the project we invested on. Feel like hard to sell "diamond" except you need the money at the time, isnt it?

Well greed is one of the things that makes us human and one does not necessarily have to put in so much to be seen as greedy. A help is to always have it at the back of mind, that no one can ever have it all, no matter how hard they try. Informed decisions should be the way forward and no decisions are set on stones.

They need a calculate it when the percent number of target. when they don't have that I believed they will lose the money. just for example when Doge had 5% up they must sell it and take it down for awhile, then buying back at a low from 5% correction.

Yes it's, especially when people are thinking if they were holding gem and they will be following those people who created FOMO on the various group.

People should have target and when it already achieved their target and they must sold at least a small parts from their investment.

In fact, ideas like this have been done a lot, however, the greed that exists in humans sometimes makes us think that small profits are not very satisfying. however, patience and gratitude are the keys to it. it's just that, holding it for a long time is also quite difficult when there is FUD everywhere.

taking profit ALWAYS can be hard, why?
because we never know the REAL right time to sell or buy the coin we want,
every altcoins can increase or decrease in anytime, that's why we cannot taking profit easily.

It's hard because human is greedy by nature. They have x coin and already gains x profit but they want more and keep holding only for the price to go down later. I myself have experienced that kind of situation back at 2017 so right now my strategy is to set a target price when i buy coin/token and sell some to earn the capital back + half of the amount remaining to take profit. I keep holding the rest if i think the price can go higher but i already earn my capital back + profit so if the price goes down then i won't be dissapointed and if it goes up then i won't regret it because i still have some.

need good analysis and accuracy to get profit easily always follow the development of a coin that we invest from there we might be able to know situation coin  can potentially go up or down if it doesn't have good movement, my advice is better invest in top coins because have power in everything and easy to profit

Why do you need Analysis to take profit,  how hard can it really be for an investor to decide to take a little profit from their investment! I don't see why anyone would need Analysis to do this, you already know your trade details (your buy in point) and what has accumulated overtime as profit, all you need is decide the % you want to take and leave the rest as roll over.

People can't be satisfied, sometimes we set a certain price where we should be making a profit. However, greed comes in and you set another price to sell what you are holding and most of the time we end up with a lesser profit. In crypto being greedy most of the time gives negative outcomes. Take your profit, there is no point holding for too long or setting up higher expectations on a certain coin.

I agree with you, we have to set a price to sell coins. If the target is met it is best to sell some immediately, and some of it remains invested. A person's greedy nature can lead to a fart that should be obtained instead of just leaving. It was caused by greedy traits that wanted more profit but reality said another. The expected higher price instead fell to the bottom, so he could not sell the coins.

Greed is a mistake that is often made by traders, greed and breaking the rules that have been made :). If you are not sure about investing or trading short-term, then prefer long-term investing, long-term investing is not much different from trading, because you are buying and selling, it's just different from the time frame you use.

Experience is the best teacher, when it comes to trading you are always faced with your greed and your desire this is not easy sometimes your feeling gets better over the right decision, once you've experienced everything, you can control your greed and you will have an insight on what to do when face with this kind of situation, I'm not saying you shoulds cast caution to do the wind but do make an analysis and learn from every lesson that comes along.

Yes, but that only happens to people who do not have the patience in investing and trading, because when the price has fallen and has not reached the desired target, all you have to do is hold it and wait for the price increase to return to the price point that we have determined.

someone's desire to invest is to seek a lot of profit, but not everyone gets these benefits due to impatience in waiting for a long time, too forceful in taking the results. some of them even panicked and withdrew their money. investing in the long term will certainly get maximum results, by doing so of course investors will get the results of their work.

Taking profit is making money, and making money is hard.

Investing has two results only, you either loss or end up profitable, that is if you know how to end it well.

There's no we can hold shorter and aim for a bigger profit, it should be a long term hold, however, there are times like what we are witnessing now, which is the bull run, it gives us an opportunity to sell at a good profit percentage and it's up to us if if we sell or not, but we should understand that delaying the selling is too risky as bull run does not stay for long, so you should be smart and do the right thing.

When we trade, of course we have to have a strategy because without it we will not profit and even lose,
and patience is one of the strategies, with us having the patience we know when to sell or buy and other things related to trading,
the most important thing is we have to learn from experience so that in the future we can get big profits

I agree that many investors and traders have this, and unfortunately everyone goes through this and many do not understand that you need to get out in right time, well, of course, everyone has their own goals and therefore everyone decides by himself when to sell his cryptocurrencies, for example, when I see that my profit has doubled, I am already withdrawing some part of my investments in order to be with good profit already in any case, someone does it differently, each has its own strategy and goals.

One of the limiting factors in some countries is also tax laws which make your profit withdrawals much harder. In some EU countries they consider you as a full or part time trader and you have to pay all the costs towards the country. Thats why its sometimes not an easy decision to deposit your earnings on a bank.

actually not too difficult, the most important thing is to believe in the decisions taken. many people find it difficult to take profits even though they have already made a big profit, because he hears too many suggestions. sometimes asking people for their opinions is great, but too much will only make you doubt. in the end you will find it difficult to make decisions.

Many people take profits in parts, but I prefer another strategy that allows you to maximize the profit from the transaction. When the coin price goes up, I just move the stop loss higher and thus keep the profit if the price suddenly goes down. Thus, I do not limit myself to the price already reached and am ready to get even more profit.

Of cos, taking profits can be hard if you haven't lose while trying to reach a target, I can boldly say that I've never for once make any reasonable amount of money from crypto when I used to be so greedy, I always want to make the best profits so I kept holding my coins untill they all become useless, I got angry and decide to never hold coins for too long no matter how good they coins look and it changed my life for the better

Taking profits is only hard for the greedy people, there is nothing you can say that will change their thoughts until they become a victim and they will learn from it, this happens to me too but that's a long time ago, now every ROI is an opportunity that won't last for long, no matter how small be willing to take profits

yes, I think every investor before investing in any coin must be the result of their own research and also have a sales target that they have set in advance. but in many cases it doesn't always work, especially when the price of the coin goes down people start to panic and sell at a loss (although it's not all like that), some are impatient and sell as fast as possible etc ...but for me personally when my coins go up then I will sell some and use my profits to invest in other coins.

The experience of cryptocurrency holders changed massively in December 2020. Bitcoin was trading above the levels which it was in 2017 and many people did not see it through. The gains after 3 years are too long for bitcoiners. But this changed everything about cryptocurrencies. They began to think that they (who had bitcoin in 2017) waited for 3 years, why should not I wait for more than that?! Now some people do not care about the daily ups and downs. They do not hurry to sell their coins with a 10% decrease in price. It is like they got immune to lose by observing how others did during 3 years. However, it is not true for daily traders. They are here to take profits. They buy when candles are red and sell when candles are green.

People who are successful in long-term investing, they often do it with cold capital / money.

If you don't invest with cold money generally you will regret it later, you know what I mean by cold money.

Example:
As I saw in one of the members who talked about investing in Doge coins, he bought them in 2019, when the price of Doge was $ 0.003 he doesn't remember anymore, the money invested was around $ 800.
Yesterday he opened his trading market and saw the doge price of $ 0.08, how many times the profit he got.

Well, this story could happen to you and me, only, most people do it with hot money, needs and sells everything, when the price of the coin goes up, sorry, that's the weakness of every human being, doesn't have a fixed target.

It is really hard to take profit if you aren't satisfied with it and you are greedy.
I know some people who are also having a hard time taking their profit because they believe that it could still go up.
But one of my friend told me how he easily takes it,
You just need to be contented with what you gain it is better that way than to lose profit because of holding.
Learn to appreciate it instead of comparing it to others or counting what you could had gained.

If I always set my target and sell gradually, so if the price has increased according to my target, then I will sell it gradually and of course my advice if you want to invest in cryptocurrency then you shouldn't be greedy, because if you are greedy then you can lose your money and my target is usually like this :
1. sell 50% of my coin when the price has increased 100%
2. sell 25% of my coin when the price has increased 150%
3. sell 25% of my coin when the price has increased 200%
but if I already sold my coin in stage 1 or 2 and the price go down, then I will buyback until all of my target are achieved.

For me, i think and believe taking profit is not hard; it is traders that complicate issues for themselves and this is where discipline comes in. As a trader you have to be disciplined; discipline in trading helps you to stick to your trading plan. Also as traders, you need to work on your emotions; trading with emotions means you could get greedy when you should take profit. Develop your trading skills and always take profit; taking profit does not stop you from holding little percentage of the token

Lol, if you get rekt while holding you will find 'taking profit' to be very easy, I don't blame you cos it's always every new investors dream to be a whale or get rich through holding some altcoins but most times a crypto project can dissapoint

yes as investors run of one with favorable strategy as expecting with use of limit on returns to match with plan as those have with risks and resource involved with work of manage. that investors might work a bit to refer one as fine of option with decision as expending use with funds or more of resource as following length of terms with the investment project.

Agree to make a profit in crypto was easy sometimes and then we just forgot the risk in investing. Actually, it's easy to make a profit in cryptocurrency compared to others like stock or other investment but as it is as long as you are patient enough. Most of the investors lost their money in cryptocurrency just because they were not patient enough or maybe wait for the right entry to start the investing or wait for the right timing to sell their coin. And sometimes what happened is we become so greedy and we have a high profit in just a short time which will not really happen all the time.

The best thing is to set yourself a clearly defined price where you sell for example 20% of your holdings then a price target for the next 20% and so on and to keep a small portion of your investment just for the case the whole crypto market really goes crazy and does a 100x.
But i'm also not following this rule strictly to be honest and it served me well in the last few months/weeks. I invested in a few projects that did 20x and more so i am happy right now that i haven't sold when they were at x2.
If the market crashes today than i'm at loss of course.

You are lucky to have good control over your assets as well as your psychology. some people still panic seeing the market. in fact, greed is a major disease for every trader and investor. If you have made a good plan and you are consistent with it then you are really good at handling your emotions.

We all have greed in us but many chooses to use it wrongfully, greed can get you more and can also ruin you, this is crypto space, a place where you don't want to slack behind, opportunities will never dry in this space that's why I keep on taking profits, why wait to become a millionaire when you can gather the piece together? A little drop of water can make a mighty ocean

Yea  ;D could be very hard if you are a crypto newbie, until you learn some lessons you won't have a different mindset, whales play their manipulation games to lure new investors ( like those who are too greedy ) and they dump on them, crypto investment is all about been smart

Everything has its risks, first investment. In choosing an investment instrument, starting from buying coins and selling them can be the right choice. Not without risk, with a variety of options to determine the advantages that we have in accordance with your ideas above tend to be more secure with the assurance of increased profits.

Profits with a patient mind can be used as confidence capital to start investing in crypto coins. So, you don't need to hesitate a lot even though you are just starting to invest by thinking of ways. As a suggestion, keep measuring your investment ability so that the risk is not excessive.

There is no way someone can help us control our greed. There must be a balance between greed and panic, while you must not panic when the price is going down rapidly at the same time it is important to not get carried away and get too greedy when a bull run is going on.

I have always been in dilemma when is the right time to sell my coins and the only possible answer I have been able to find is - Around 10% profit is enough to sell my coins, I know at times I could have missed like 200% profit opportunity but that also means I got saved many times from absolute disasters.

One thing I learned with time is to not have regrets because in crypto world having regrets is something you will come across almost every week because some dead coin might become gold over night and some gold might become shit within days so just move on and forget about the chances you missed.

In fact itbis not hard to take profit, but it is hard to not to be greedy, sometimes when we bought the right coin and after couple of days the coin is up for 100% or 60%. Our greediness will said " it will goes up even more and you will regret it ", then we will hold the token and after couple hours the token/coin drop to near our buying price then we afraid to see it. And we sell it only 5% profit 😁😁😁.

Honestly there is a very very thin line between being greedy and making a lot of money thanks to your greed, and also being greedy and losing a lot of money because of your greed. That thin line all depends on when you get out, and sometimes people do not get out at the right time and they end up losing a lot of money because of it.

I am not a very greedy person myself, so I do not lose too much money and I do not earn too much money neither, I am just making a small amount of money with very tiny risk investments (like buying and holding bitcoin) but compared to rest of the world even being in crypto world is actually quite risky and it does make you a greedy person. That type of greed is not really that important and risky, because you end up with just bitcoin and we know that is not being too risky, but some people go into high leverage stuff or risky brand new tokens, and that is very risky and too greedy if you ask me.

We shouldn't bind everything into one rule, even if you shouldn't forget what the future is (bullrun). During a bullrun, our expectations must be higher than the bear market. My prediction says this year could be full of a bull market, so why won't I take any risk? Some investors have already taken profit from Bitcoin those bought in the 19k year 2018.

sometimes people were hoping if the price will grow high and high again, but they forgot if the market didn't work like that
because market will not always up, thats why we need to control our emotions to stay away from greed mate
regards

Exactly, that's the mantra towards success in trading.
People don't stick to their decisions and then regret more than they regretted when they didn't sell thinking of higher profits because if markets start to crash (like we saw in 2018), they won't even be left with their specific targets that they had already achieved but didn't get out just because of their greed. I believe that a trader should make up his mind and set a specific target that if he wants to sell at 10x, then 10x only because 1000% is more than enough and even if he is not satisfied with it, he should remove at least 50-75% of his position and leave the rest for whatever targets he wants to reach the trades at. This way, he'll have at least 5-7.5x on hands and remaining 2.5-5x in trade and there's no reason to regret. Regrets should be when you lose, why to regret on profits? What if the markets don't move towards our desired levels?

Research helps no doubt but even the best tokens must be sold at the right time before they gradually become useless. Then there are coins like dogecoin which are going to the moon solely because of the support it got from Elon Musk and no one could have predicted the growth of dogecoins no matter how much research one does.

I would actually say being greedy is a good within the crypto market because to get the maximum out of your assets you have to be greedy and extremely confident in your decisions and investments.

Muhn...That is the interesting thing about this market.  Sometimes you get the profit target, but a little greed makes the effort pour into the river.  Anyone will demand and demand a big or small advantage according to a given plan.  But uncontrollable, infinite greed.  It is irrational because of the heightened emotion, the decisions at the last moment always cause some confusion.

True, most of these are new investors who don't have much experience in investing in crypto projects, so they just follow what other people say and immediately believe other people's words. ;D

I can feel that because for how many times i become that greedy mate , there comes a time that My wife is pushing me to convert into Fiat my bitcoin because she thinks it will fall overnight but i denied .
then the next morning the value drops almost half.
But i learned my lessons now mate, i took profit even if the value or the profit stands low at the time because now i believe that it is better to profit 1p0% than to risk and lose that 100%.

But if it's about crypto influncers or the influence of people like the ones you've discussed, then it's easy for you not to rely on people's investments. but it doesn't hurt if you follow the likes of the current hype Elon Musk. only he could increase the DOGE coin price at that time. but a little advice is not to always depend on things like that, so do your own research, manage your finances properly, and be prepared for any decisions you have made at the start.

In 2021 taking profits are hard if you are holding tokens, why? Gas fee is extremely high, if you don't have over 200$ wort of tokens there is no point sending the tokens to exchange , I can live with 20% or 50% gains but the present gas fee is letting me down

I totally agree with you. People have made mistakes with this a lot hoping it will still grow some more and eventually missing the mark. You have to know when to take profits, even if you are going for a long term, you should take some profits including your investment to be secure that you are basically now trading with some remaining profits which might not be much pressure on you like if the whole investment is still at stake. 

It is in the nature of man to strive for more, And that is why he has stumbled. Nowadays, the condition of the market is such that it becomes very difficult to make a profit, Because there is a lot of turmoil in the market. Sometimes it happens when you trade on a situation where it is very difficult to get profit from that trade.

It is why the research will be important to do before we decide to invest in any coins. After we research, we should determine how much money we want to use for the investment, so we still have money to buy the coin if the price is down. We can follow Elon Musk's hype, but if we are not careful, we will not take profit like other people because many of them buy dogecoin at a high price without research if the price is already at a high peak or not. It is hard to depend on the influencers if we do not research because that can be like a trap if we just follow them.

The new investor sokd their token when market dump  Everybody needs to relax about the market dipping. That’s how things go. if you can’t handle it then maybe you shouldn’t be investing. Come on guys we’re all adults just relax & do your research. nothing to worry about. hold for long time is best key to take profit.

I had been in the same problem couple of times until i finally realized that we must be aware that prices won't come continuously growing .
so by any chances we must take profit even if we think the price will continue going up so at least if we lose when there is unexpected dump happen we already have saved our funds.
That is part of learning , new investors must experience sometimes losses for us to know when to exit and when to enter.

To be honest no it's not that hard to take out profit why? Because it's just a price for your hard work onto some thing that you really love the most since this is the only way i can make a good profit from trading and investment , well maybe those who really addicted into trading are reinvesting their income to make it more but you need a good analysis when it comes to this because taking another risk is not my thing im always securing my profit because i have monthly dues that i needed to pay , but sometimes i take the risk and most of it i take it from lesson.

no it was hard most of the time not only sometimes. this market is not a charity that will give you free money easily but you need to work hard for everything that you see in here if only you ever wanted is to earn . we do all have desired and target value , for example me my goal price is only small something that is 1 dollar per piece . dont blame me if hodling for a long time now because i am just standing with my decision ( like you said ) and my coins didnt reached 1 usd per piece yet .

trading in haste and impatience will cost us everything.
"this is my experience"
I see that most of those who take big profits from trading are those who always analyze the market before investing their assets.

his name is also human sometimes does not have a sense of satisfaction..
and the key is big and small the results of the sale we have to be grateful, if I myself after selling one of the tokens that I have I will forget and never reopen the token on the exchange..

Joining in a project without a deep research about it and of course has a questionable credibility was a total risks indeed. But of course as a trader and as investor no one wanted to join a game without having any knowledge about it right. And for me the most hardest part of earning a profit here in cryptocurrency was the eagerness to earn much which of course this could be called as greediness. Though everyone wanted to earn high profit but sometimes this needy is what makes it hard.

This is why having a self control is important if you are a investor or a trader. Sometimes, we can't really predict whether we will earn much higher profits or lose some, if we try to hodl for long term. But taking risks is part of our life as a trader, and having regrets will normally occur. The most important thing is we gain profits. :)

After the crypto boom burst into our lives, many imagined that they were natural traders. Because people mistakenly decided that making money on digital currencies is very easy and simple. And when it turned out that it was rather difficult to trade on crypto-exchanges and get profit at the same time, complaints began. >:(

We're just making our thoughts in one bucket or condition. Your thoughts will be great after finishing this year. Now in the short and long term, every investment will be profitable. I won't sell any of my altcoins because I believe I deserve the next bull run. Opportunities always come for a short time, you could miss the next opportunity for running price.

If taking profits is hard for you then you are a new crypto investor, newbie I guess, I always feel this way in the past, thinking that the coins I hold can grow higher and I don't want to regret but all those coins never grow higher till date, I believe it's more better to take profits when you can and hold only very few coins just in case

when a trader expects a higher price to sell, they'd aim it especially today that there is a bull run. sometimes this behavior can lead to loss actually but for the most part, its good to sell higher but this is for the long-term investor of altcoins. if you give more importance to BTC though, you'd be like the bounty hunter who sells their altcoins every time get their rewards because this is how it's supposed to be.

Of course, everything cannot be perfect, especially in crypto trading. We all make mistakes, choose the wrong coins, miss the opportunity to buy or sell currency at a favorable rate. Sometimes there is really no way to take profits, but these are temporary difficulties. :o

Well, it should be hard always. I mean, most of the newbies in crypto only want an easy money mindset. Don't even want to know how crypto works and how they can benefit to it. That mindset is nothing but trash, not only in crypto, even in other aspects of life. For you to learn and master the skills you want, you should experience hardships for it.

Understand the market first. Learn how it works. Don't think that you will always be making profit. There will be days where you will be losing your money due to small mistakes. Instead of losing your hope, learn from those mistakes. Try not to repeat it.
Also, when trading make sure you know what you are doing and getting yourself into. Don't trade and invest in coins because of a "hype" or "trend". Even if you do, make sure you exit as soon as possible. Because, when a hype or trend drops, so does the price of those coins.

Yes it is really hard to take profit because of we want to earn more and we are aiming for a larger profit but sometimes we're afraid that we might did not get  profit because market is volatile, that's why I am telling myself and all the people ask me, just tp when you are happy any profit is a profit as long you have more than your investment it is gain already, I don't want to be greedy it will be harmful for me and for my money.

It is greediness that doesn't let us take winnings and leave the market with profit. Emotional trading has such bad consequences, we have to control it before it causes the worst results for our trading career. Trading is a serious and tough profession, not all individuals manage risks same for min loss-max reward. Not everyone has the same patience and maybe that is the reason not everyone is able to make money.

Trading and investing is not everyone satisfied with the little profit that has been taken. Basically, human nature is never satisfied and always wants the best and more.
That is why sometimes traders find it difficult to fight with their own emotions and sometimes become greedy to  take profit of a lot. This  is indeed a  problem  that we
can not avoid. Especially when the market is bullish as it is now. It's hard to take advantage at the beginning. While prices continue to peak.

It is really hard to make a good profit when you really don't know what you are doing. How you could make a good decision, having a brilliant idea when you are not in that position? Because in trading, it is not about selling in high gives you a good profit, you can make money even selling it at a low price, buying at $1 and sell at $2, it is good enough. But some people don't have that kind of satisfaction, they wanted big returns and they wanted to sell at high which. There is no wrong with that but if you are an impatient person, doubt if you will able to wait for that moment or a reason for them to sell during the crash.

If you won't get the difficulties to take profits, then you must the right time to buy and set the most realistic target to take profits. Most people having difficulties to take profits, those people who buy in hurry because following FOMO or the hype. They buy once the price is on the top, or when the big pump is happening. They become panic to see the drop in price constantly after the pump's happening. I never did this way, I only buy in a correction, then I can be easier to plan for the target of Taking Profits.

Simple idea which I can share with you, don't wait for further spikes of your asset and once you encountered pumping price, don't wait higher that what you've expected. You might not notice, price suddenly collapse and you won't be able to sell a sustainable value. If you see you've gained enough profit, grab that opportunity then dump your asset to have an other chance to buy for more holdings.

They usually had bad ends. We can see how these greedy people never succeed because they overlook the chance of making money in a few inclines, they preferred to sell at a high price which sometimes doesn't work. I can tell that because it happens to me in the past and from that, I learn not to ignore every opportunity.
because if we only know that price will surely go high in the coming days, for sure people will never sell but instead, to keep waiting for that moment, unfortunately, we don't have kind of market. We are sure to experience price changes all the time.

When an investor or a trader takes a trade without having a target profit, that's when this problem normally pops up, because the trader won't probably know when it's okay to take profit off the market and move on, he/she will leave it there hoping it keeps going up, some traders even after their target profit is met, they will still leave their trade position open because of greed, they don't want to to miss of the
With a proper trading strategy you should know when not be greedy and take profit, but I still agree with you the market is really unpredictable, no one knows the right time to stop being greedy and sell, few reasons why everyone going into these aspects need to discipline their self.

Its hard to take profit because you always worry the profit can be higher if you wait to sell it.
Instead of doing that, just happy with any profit you have right now, because no one can promise you a higher profit if you sell that in the future ;)
Also, you may have another opportunity to buy it when dip.

With crypto prices now at their peak, it is indeed difficult for us to make decisions. because our greed starts to flare up, but if we don't immediately
take profit it can eliminate the opportunity to get profit. So many investors with today's market are very heavy in making decisions. The best way is
indeed to sell the crypto that we have partly and partly remains in HODL. That way if the price goes up or down we can still get benefit, even though
it may not be perfect.

Consistently having 1-2% gains everyday is big enough that to wait 1 year and just get 100% profit. I certainly can't imagine that why people keep ignoring every pump to make a sell, unless if you don't have a plan to sell but to hold it forever.

We could hear that some are regretting selling their coins before it hitting their new ATH. That would supposedly do if we are not making a profit but if we get some, I don't think there is a need to regret nor to blame ourselves because of being impatient.

I'm sure only a small percentage can do this. it is true that most of the people who replied to this thread said that the main point of the difficulty was due to greed. this is very humane because every human being always wants more

Nobody wants to be left out of an opportunity  to make  a good  profit.  There  has been times when profit had been taken and   the price goes down 📈, that's  a good win. On the other  hand, should there be a pump after selling,  there is always that feeling  of regret. As humans as we are, most  people   aim to make huge profit with each trade.

The reason why taking profit so hard sometimes is because of our expectations, we are aiming so high that we really thought it's going to be, or we have a target value, and also a past experience where we sold our token in the cheapest price in the market and wakes up the other day the price has gone up 20x higher the price we sold, and also greed we also are hesitant to take profit because of greed that we are dreaming like its gonna be like bitcoin price someday.

This really true especially if you have a desire and expected value which lead most of the time into losing some of your funds. That is why we need to be contented in every profit we can earn even if its small amount or big amount, always keep in mind that profit is a profit.

Never attempt to be eager individual by putting a ton of cash on it. Recall this you can likewise attempt to change your objective if the cost of coin previously outperformed your objective however you probably offered a portion of your coins to keep away from the landfill that could happen whenever. You lament that imagine a scenario where it gets higher tomorrow or later, disregard that attitude. On the off chance that you will in general hold, at that point simply disregard selling right now and hold it.

You are absolutely correct. However, to to have that decision point at correct time matters. And this is a challenging thing for most of us. The good trader can feel the points when to sell or buy at right time. But as you said, if we see some profit, it's good to book some .

I don't see what makes taking profit to hard in any trading/investment decision if the investor/trader in charge aimed at a certain price range and not greed to stand on the plan on he had to begin with. But, if such trader/investor finds himself in the dilemma stage he can sell 50% of the investment while setting a stop loss strategy on the remaining holding.
Greed or not it is better to have good knowledge about saving capital which I believe is very important.

That's right, no matter how much profit you get, I don't think we underestimate it,
what is certain is that even the smallest profit is still valuable compared to not getting any profit at all,
and the important thing is we continue to do our best to be able to profit

Stick to your plan.

I know that this is very easy to say but very hard to do but you must do it. If your target price to sell has reached then at all cost sell it.
I can say that easily but I can't apply it to myself for some last minute adjustments in my targets. My previous price to sell is at $20,000 but since I don't know where to use the money that I will get when I sell it, I decided to hold it longer and right now it is the best decision that I made :).

What takes it hard to take profit sometimes is the fact that there is a part of your mind saying that, "What if this will go even higher, I will miss all those profits when I sell it now".

I'm in gains already, I don't hold just a single token which can make me feel unsatisfied, I have many and I'm making ROI from most of these altcoins, isn't thats all that matters? Any profits from 20% I would gladly sell and take profit, this bull season won't last forever, stop fooling yourselves

It's like asking me when I get a return on your investment, which means it doesn't matter here. Basically when you have a profit you can do whatever you think it will be good, I find people often miss more than they get the opportunity to increase profits, instead just needing to hold a coin for a long time and waiting for it to go up is not easy, when many people are not patient and wait for what they choose, and they tend to end things sooner.

It always happened with new traders or investors they are in hurry and want profit in a shorter period of time they don’t have knowledge about the market. First do a market survey read experienced traders opinion then make a decision of selling your coins. It happens with me and with my friends when we are new in crypto world back in 2013 but now we only sell coins when we see that the coin is at their ATH price.

The expectation is why we lose after waiting for huge profit. There are times that we have the chance to off with some profit and we keep our fingers on the button and wait to go off but eventually lose all. If we take away greed too to understand that we still can make more money next trade, we do great profit turn around. Profit should be taken little and little or we lock in our profit no matter how little it is. Profit isn't hard to take but selfishness is the big challenge for trades. Bitcoin price was around $48k last week and yesterday was $52k , now at $51,712 these are all profit for unselfish trader.

Sometimes traders are in good profit but they could not decide whether to take profit or continue to hold it is just because the market is booming and mind says the market will rise more so we should wait some more time and while deciding this sometimes end up in a loss of profit so the target should be set in advance and when achieved should not be greedy for more. Apart from this one can sell that much amount that returns its principal amount of investment and rest can be hold for long.

They look undecided because they don't have a plan. That is simple, they will somewhere and it might be the reason for their big losses.
Because for me, I'd never waste every opportunity I saw. Just selling it for at least a 5% incline, I'll surely take that. In fact, we can buy back again once it drops again.

It is all about the strategy we use and it is sometimes we need to sacrifice. We can't be a long-term holder always, we have sometimes to look at what is happening to the market and to our investment. If we are already in profiting, maybe we are not so hesitant to make a sell rather than to miss it.

If a trader doesn't know how to handle their profits, I can only say that before starting work, they didn't define the target they wanted, they didn't even have a backup plan and when unexpected situations come to them, too many options confuse them and sometimes it will be a failure in investment, end up in loss as you say while their selves are making a profit. My advice is we should maintain certain goals, set stop losses with positive returns, this market does not have absolute profitability, sometimes we should accept little profits, instead of crying in failure

It's hard because the plan always changes every time the market conditions change, especially during bullish conditions where many traders are delaying taking profits in search of bigger profits.

Traders without a profit plan always expect to sell at the top, but they buy and sell when they panic. Sometimes once in a while they manage to make big profits and it makes them satisfied, even though their percentage of losses is bigger than the small losses that are accumulated every day without realizing it.

By the way, this is an example of a situation of traders without a profit plan (https://www.tiktok.com/@luis_tradingf/video/6908973464443555077) when they are in front of the monitor.  ;D

All business or other sources of income, started in small profits only because that is when they grow and make some progress. Actually for me, greediness is a good thing as long as it is manageable and on disciplined manner.

Most of the traders panic because the money that they put on market is not a free money which not be used in the near time.
So, when the money is gonna used and the market not go as they plan, they will got panic even they have plan when they trade.

if we have a plan, then stick to it. Some people find it hard to follow because they are emotionally affected by what they have heard around, what they thinking is negative. But rather they have to follow what is their plan, the quickest they change it. With this, it is no surprise that they will never reach what they aim for, they will go anywhere.

Anyway, we can't say that there is easy money in crypto and we should not have to think about it. Crypto investment filled with a lot of market challenges but if we are able to manage this thing, this could be just an easy game.

Seller's dilemma it is. Most experienced investors and traders are prone to this tyoe of issue because they know well how hard it is to see that their patience could've gotten them a little farther. Still, when this thing happens to me, I always say that it could be worse, and it's good that I never let myself be fomoed instead.

But taking a profit from ETH  (https://trade.kucoin.com/ETH-BTC)is not  ;D

There is this mistake I kept doing in the past.

When the price rise immediately, I will be waiting for a certain price and immediately take it out. The problem is that the investment I am making is not that high and I will be paying fees that are bigger than my profit. I didn't notice that those fees are eating my profit until my friend pointed it out to me. He taught me some tricks to save some of my funds to transaction fees.

If it wasn't difficult, everyone would invest and trade in the market. There are different profit strategies that depend on different factors.

It depends on whether you want to have a profit in the long run or in the short term. It depends on what capital you have. Your knowledge in the field of cryptocurrencies and market trading in general is also important.

It is difficult, so not everyone does it and many people are afraid of it.

I really agree with you, therefore every time I make an investment, so I always set target for the profit I want and when the price has reached the target, then of course I will immediately sell my coin, because I don't want to take the risk of waiting for the price to rise higher than my target and it can make me lose the profit (the price go down).

It happens and i have faced the same even in last bull season, i just kept raising my target price as the market kept pumpong but later regretted for not taking out anything after market reversed. And i think most people face this situation and there are only few who take decision and take profits at the right time.

And depend on your Knowledge in marketing because even how you know those strategies the thing is do you have the Guts and
 ability to implement those?
Capital is on of the most important , because you must be ready for the fall and incase it happens , make sure that you can afford to keep
the coins in semi long term till the value increases again.
Actually i believe that Trading is not for everyone (Day Trading is what i mean) because we have seen many have tried but only few had survived that's why many of us are remaining in Holding instead of daytrade.

Today, a lot of cryptocurrency users are at a loss, because, for example, everyone was waiting for the moment when Ethereum reaches $ 2,000 and today it has reached this mark, but the question of selling or waiting for the next maximum remains the most urgent again. According to many forecasts, Ethereum could reach not only $ 3,000 this year, but significantly higher.

It's the same mentality I always had and that costs me alot in 2017 bull run, I saw my portfolio in big profits but I wasn't satisfied enough, I desired to have more and more until January 2018 when the almighty bloodbath began, now I'm a different man, I take profits and my life have changed since then, greediness is a big disease

because some people don't always make decisions when going to trade so they keep waiting and following the direction of the market and don't have a target which is usually done by novice traders who expect as much profit as they can get. so my advice before trading maket your target for getting profit or when you lose,and use the limit to what percentage you can lose your total money.

Yes we're the same mate, I remember I got more than 1btc and that is equivalent to more than a million here in my country I think more or less 17kusd that time, and what I did is I wait for it ro pump more and then suddenly I reliazed the market crash I lost more than half of it, but then it is just a memory now and I can't bring back that memory , what I can do now is to take profit if I am satisfied on it and already happy around x2 or x3 of my investment is enough for me.

everyone has a different strategy ,but the secrets you say are very accurate. as we know that investing must have researched in advance about the coins you want to invest in, have a target, not be greedy and also not invest in one coin only.

If taking profit can be so hard for you then you have a problem and that problem is complete greediness living inside you, you have to get rid of that greediness before you can prosper in this space, although greediness is not entirely bad it's just like using a strategy when investing or trading crypto, we are all here to make profit and that is the most important thing once you make enough profit do not hesitate to take profit because crypto won't keep rising forever

It is different between Bitcoin and altcoins. I take some profit with altcoins too, but it is very difficult to find an optimum strategy. We can't stay for long in anything though, this is my opinion. I have made mistakes by not holding some altcoins for longer, as Cardano and BNB, however, I think the second mistake would be to rebuy at a price that is extreme. I selected these two altcoins just because I think the risk has reached the ceiling with both. They can rise more but how much and for how long, for what reasons exactly except speculation from traders? This is a bad decision to buy expecting something to keep rising forever without this asset having something fundamental like a userbase. BNB has the Binance userbase, but ask any big trader, is BNB required for any exchange? Why would an exchange need to have a native asset to burn for fees? This makes zero sense.

follow the market, your objective may shift relied upon the value that all around accomplished on the lookout. Never attempt to be ravenous individual by putting a great deal of cash on it. Recall this you can likewise attempt to change your objective if the cost of coin previously outperformed your objective yet you probably offered a portion of your coins to stay away from the landfill that could happen whenever.

Everything depends on knowledge, experience and decision making. If you want to make a profit then you have to find out how that goal is achieved. Analysis is one of the most important and this will determine the decision to be taken. I think people will struggle because they consider risk, and this consideration usually cast doubt that many people have a hard time choosing a good asset to trade on. When the market is bullish, the risk level may be much higher and anyone who has done good analysis and taken risk will usually succeed.

I think the deep research part is always true in any crypto investment, actually in any investment (I could say even any business in life). I remember clearly one day I have seen SYS and I was so hyped about it, the idea was amazing, I didn't researched it a lot, but I knew what the main premise was and I invested into it. So at the end, I happen to reach to a point where I didn't know what I was investing into and everyone was acting like SYS was the greatest coin ever. What happened?

It went down a lot and I just got out, I could have waited, it would have been more money today, but I invested into BNB and that was a whole lot better for me and today we can see why it was a much better investment. Something I researched very well made me a ton of money while something I wasn't fully aware of made me loss money. That is sort of the situation most of the time.

Yes it is, traders or investors usually have greed with theirselves including me , that is why gaining profits is hard sometimes. So it is better for us to have a desired or target price value of our coins so that we can avoid losing some funds and time. Gaining requires both knowledge and attitude on ourselves. ;D

I have faced the same situations so I have learned the importance of stop loss and I am going to see what is going to happen when the next bear run comes.

I still do not know this one, I remember 2018 and I didn't used stop loss and lost a bit of money, not a whole lot so I am thankful about that, I did lose a bit but not a ton, had few hard nights and so forth, really was a horrible period but I managed to get out of that after just a year, now we are going even higher and higher, I have money saved aside like the old days that increased a lot, now I wonder what is going to happen this time around now that I have stop loss.

Worst case scenario should be that stop loss hitting and I will get out with a profit, not as much profit as I should at the peak but who can leave at the absolute peak, very few people, so I should be capable of getting out eventually anyway.

I've been that kind of person in my beginning years in trading and investing which cost me huge amount of losses which I really regret about. Sometimes, we really have to commit mistakes for us to learn. From then, I learned how to set a certain goal and sell once I reached it. I have also learned how to be contented in my target profit because sometimes, greediness could lead us to worse situation.

It is very easy to take advantage in this market situation, and another important thing is that people often lose or cannot take advantage because they are not satisfied with themselves or are greedy. Investing must have a target, and you only need to be content with what you are getting, better than losing profits on holding.

Not only sometimes but also most of the time taking the good profit or desired profit is hard. I think this happens only because of greediness. When an investor thinks that I will sell something at a price range and he sells the coin at that price with making some profit. But when that coin passed the predicted price range after selling then something happened to his mind that I can hold my coins for a few more days and can make more profit. As a result, if he has multiple coins then he tried to hold that coin. But not all are going the same way. Because of the holding price drops and he faces a loss. So, Every holder has to play with their brain not mind.

Actually, traders and investors are aiming for big profits that's why sometimes they are having a hard time on it. All of the people are greedy let me honest on this one, because if the people are not greedy then the small profit will be enough already but sometimes as long as the people are having a good profit they are aiming more and more until sometimes they didn't notice that they are losing already. What I am trying to say is that if you've got profit then you can go out already and find again other investments that you will put your money into long-term investments. That's the life you don't need to be greedy in order to earn a big profit, sometimes right decisions are the best way to do.

To be not just a participant in the crypto world, but an active user, you need to feel the mood of the market. First, you need to understand what you want to get in the end. Based on this, determine the product that can really bring profit.
Monitor price movements, learn as much as possible about the project.
Check website, backlinks, telegram, twitter. You should check everything!

actually it is not difficult to get a profit, but many people always feel that they are not quite satisfied with small profits, and want large profits so that while waiting for it to rise further and it turns out the price is falling or cheaper. so they should have gotten a little profit but because they wanted to be bigger, in the end they didn't get anything.

It can go in both directions, sometimes you don't sell and the coin crashes and sometimes you do sell and the coin goes up. Better to have to too many emotions and ask yourself whether the profit you could take was what you expected or even more than that. It's better to take at least some of it then. No need to sell everything!

Taking advantage of trades is not as easy as you think if the trader doesn't understand the market. There are many thing that make it difficult for trader to take advantage of the market as it has been repeatedly mentioned. So without knowledge, experience, analysis, it will be difficult to produce something like the target you want. It is possible to want bigger profit, but you really need to have expertise in doing fundamental and technical analysis.

its really hard just take profits and walk away sometimes because of our human emotions of how we would lose out if the coin continues pumping, alot of traders find it very difficult to close a winning trade cause they are greedy and want more profits from that trade, this is where having a target profit helps out, cause by having a target profit you will never find it hard to take profit.

I see a lot of people complain about taking profits being hard but the only reason why taking profits could be hard is because of Greed. If you research a coin properly before buying it you should have a clear plan that is, you should have a entry points and a predetermined exit points. by doing this you won't have any headache of when to take profit

it's all because most investors are greedy so they fall into big losses in investing or traders, in crypto investing we have to be patient and also be grateful for the benefits we get even though our profits can be classified as small, because of the 2017 experience, many investors are frustrated because of their greed

Personally I had twice been hit hard for not taking profits at the appropriate price due to my greediness, the price reversed or pullback while I angrily closed the trades with a small profits, I believed this is one of the major cause of losses in trading or hodling cryptocurrencies, a lot of them especially newbies  wants to make X10, X20 etc profits forgetting that price corrections can wipe out all the profits so far within the shortest period of time, Personally I had learn to take profits no matter how small it is because half a loaf is better than none.

Its actually a profit if your coin increased. You don' count your profit in USD if you trade in BTC.
Say your capital is 0.5BTC ($27K) and then after trading and you gain at 0.001 and that made your coins 0.501BTC. If the price of BTC falls like $40K, you could only have at least $20K something. But it's still a profit because you now have 0.501BTC, you just have to wait for BTC price to go up. Hard to see it if you prefer to see an increase in USD value.

This is why you need to set your own goal and not be greedy about it. Dont look at other people, they are different, they have their own goal. My strategy to take a profit is, " if i get my own goal set and then i reach it. I will never looking around and then move to another target "

Remember : there are always chance in the market every day to take a profit, this is not gambling. This is trading which use strategy and risk management.

Taking little profit strategy I would say is not effective today. Specially if you hold your crypto for a very long time and you will sell only for little profit. In this bull run almost all good coins are flying i think the good strategy now is just hold and wait for ATH before selling. Many are now regretting because they sold their cryptocurrencies too early.

Yes, doing research is something that has to be done before investing, but when we have already made a little profit, we want to make a bigger profit, that's where I learned, getting a little profit is better than not making a profit.
Right now I'm starting to invest in top coins and trying to trade with a small profit target which I think is enough to buy 2 cups of coffee ;)

We just need to set our goal so we don't lose opportunity to sell.

I personally, when my target has been reached im gonna sell it with no regret, even though the price rise after i sell i will not regret it because my target already achieved.

In my opinion, only 2 dominant patterns are used in my opinion. firstly investing in the long term and secondly the short term pattern. I have tried both myself. if it feels the same, but the difference is different in terms of return on profit and profit.

In investing the risk that we receive is so great that we must have a strong mentality in the face of market movements, In investing we must also throw the greed that is owned by every human being because many who get losses due to their gluttony in gaining large profits, then this is what causes us sometimes difficult to get profit even in small amounts.

Trading must use analysis, if you use analysis, you will definitely be able to benefit, how your trading technique or investment must be correct.
in a bull market like today shouldn't you get high profits? from the results of trade or investment. if it is not certain there is something wrong in your method of investing or trading. learn more by reading books and the internet

It is also ok to adjust the goal frequently. If you get to find out any news or changes in the team or the code, it's important to include it into you considerations. Not necessary to start from zero again with your thought process, but an iteration of your opinion is key to achieving your peace of mind when in fact you decide to take some profit.

One problem I personally see is hesitation. If you hesitate too long and don't develop and execute a plan, you will be left with bad emotions in the end. Better make a clear cut decision and stick with it. Sell 25% or maybe 50% and see the profits you made as a new opportunity for another investment even if you sold too early.

Having some liquidity available yourself is worth a lot. You see some new project but damn it, all you have is tied up in this other project you liked so much and that started losing value yesterday. Now you hope it recovers while you watch the other project gaining traction.

Less emotions more rationality is my credo, but I admit I also had to learn it the hard way.

Yes, only through technical analysis we can be sure about our trading or investment will be correct and profitable and if we are into trading or investment without  technical analysis then that is just gambling. We are all know what are the results gambling can give usually.

I believe making profits in bull market is too easier but people are going greedy when their profits keep growing and that is the reason they are hesitating to book profits and leaving their trade open which again turns negative as pumping is not happening continuously.

let it be known today that he who does not take profit has not made profit irrespective of what profit has been observed as a result of price speculation. People who do not take profit easily see the prices of their investments go from 100% to -100% and then they get to regret not taking profit. Always ensure to take profit.

Good mindset! why bother yourself regretting selling too early if you already achieved your set goals.

Better than being greed and missed out the opportunities when sideways happened. Lots of traders lose their money in this kind of
decision making, instead of being contented they choose to push for more. End outcome turned against them and they'll regret it in the other way.

I sold my SOVryn coins at 40$ and after few days the coin reached 80$ but honestly I don't think I've lost and it doesn't bother me because I bought those coins at 3$ each and that gain is enough for me, taking profits isn't hard when you made enough, I could feel like not taking profits if the coin only surge to 8$ but 3$ to 40$ is huge enough for me

It is said that it is hard to part with winners. Many people re-balance their portfolio from time to time and that usually means that you would need to sell those assets that have made you good profit versus those that have not. Is like weeding out the loosers as opposed to weeding out the loosers.

Anyway, the best way is to set a target price o several targets to reduce your position automatically or else you will always face hard decissions.

It is hard to part with winners indeed and sometimes for illogical reasons. You have to keep in mind that tax considerations can also matter sometimes when you plan to rebalance your portfolio. You could be better off selling a loser at some point even if you think it goes up because you want to realize tax relevant losses, but you can of course rebuy it afterwards.

That's why we have the entry and exit strategy, so that you will not doubt yourself on taking profits because you have set it already. Otherwise, you will keep on asking yourself whether to take profits or not. Until such time that you may have missed it for reasons like the price goes down hard and then you are trap for a long time.

So in order to be successful here, you should have an exit plan as well. You sell, you take profits and then not look back at it so that you won't have any regrets.

I'd take profit anytime if the offer is good enough and also it depends on the type of project, some projects are so good that you'd know they will surge more in value, that is if you have been in this space for long, anything starting from 3x is a good ROI for me

Even x2 is more than enough for me because I'm not a Greed person and i know how to be contented .

But of course if given a chance then why not x3 right?

Just don't forget to Know how much is a good income and how much is the risk of losing , this market's volatility is really making our funds vulnerable from losing so make your best decision each time.

It depends on how your trading strategy is and also determines the profit. which of course will affect the benefits you will get. now when the bull market should be a momentum for holders to get investment profits. I myself have got a list of altcoins that will be bought and invested. and when the market is down you have to stay calm and not panic, because the average person is CL and they don't benefit

Yes it is. It is so very hard to tell if you gonna win or lose. Even if you do research, study some strategy on trading, sometimes you failed. Losing ur investments eventhough you think that you are knowledgeable enough on trading and you will earn more profit. It is always a gamble. You have to take the risk.. You win or you lose.

I think we should be satisfy with our winning and in the market like this, holding is not the best option for the people that have time to monitor their tokens. This is also for people that have enough knowledge to buy low sell high. People that have experience with setting their entry and exit. Yes, it’s hard for someone to take profit if only aim high, and not just satisfy. We should control our greediness and we should focus more in taking profit even it’s little but we should be consistent.

They have low profits and take early profits mainly due to habit. Many people are better at gong than gong to do so. Many people don't know how to take profits and put their positions at a loss.
The cryptocurrency market is tough and there are reversals so I support profit-taking even if it's only a few percent.
To practice the most profitable trading method, we need to be good at technical analysis, capital management and be satisfied with the profits we get. Entering a position is a single bet with their money, a small investment that can sometimes yield an impressive return.

"NO pain NO Gain" that exactly how we describe crypto investment. We suffered losses, rise back, and finally wins. We just thinking negatively and then quit after a tragic loss in our life especially during our first entry, there is no way we could manage to survive. There are a lot of market tests that we have to wins. The market is so tough and that we need to be smart and give a response wisely.

as market draws of different direction with the option of movement, traders to defines of one on decision as might to follows of trending acceleration to gains with least of waste on risks as completing use of returns on limit with the expectation.

It is difficult and it does not depend on all of us, as long as we always research and understand the signals of rise and fall. if lucky gains will come and losses will be little to gain,

As of my experience I lose in trading because I bought coin at a wrong timing. After I bought its price go down and I did not used stop loss during that time because I am not familiar with it. The problem is I do not know when to determine if the market is high or low. I think it is the same with others especially to newbies so taking profit is not easy. We are lack of knowledge but still action was taken so the result was nothing but losses.
Studying, researching about trading is important to atleast minimize losses.

If you have problem with taking profits then you have a problem called greed, everyone in crypto space are investors who plans to double their money or make more, you must have a plan and a target too so once your coin do 2x, 3x 4x you need to make a move, always remember that the coin you made money from today won't be that last crypto project in crypto space, more opportunities will arise

Yes. I also find it difficult to make a profit on every trade I make. I often suffer losses. I think this was due to my impatience in defending the coin when the price was falling. The key to trading is patience and not panic.

Investment in crypto is really a confusing game, you tend to get stuck between the urge to sell your holdings because you are afraid that it may suddenly dump but at the same time, you want to keep on holding so that you will have no regrets if ever the price pumps. Impatience and being greedy are some factors that prevents an investor to gain profit from their investment. As they choose not to listen to what their head is saying, they usually gets driven out fron their emotion leading to committing mistakes and at the same time, moving them away from the goal or their desired price.

You are right. Many times we can't take profit due to greed. I think we should be happy with 30-50% profit.  If necessary, you can adopt a buy back policy. Or you can hold a part of your profit for long term. However, we must take some amount of profit.  Otherwise you will lose your interest in trading.

- Control is just a way of managing and planning but it is difficult for investors to be serious and choose correctly with this method because they have missed so many opportunities, a buzz coming from the market informs us that profits could have been multiplied but quite sad for the act of selling too early has prevented this information, very silly and regretful. Most of us are greedy and hold with no time and no profit goals, it is risky while the only thing we should do is let go of a little bit of profit for maximum safety, a single miss is not a disaster but a single loss affects the entire process

Now many people are competing to trade on some of the exchanges they are already using, so I don't think anyone will lose interest in this because now is a very good time to start trading, the matter of how to take profits depends on the technique of each us in managing it.

Depending on luck alone in trading is not a good way, to taking profit on trading, we should learn some basic analysis techniques.
But if we don't want to bother learn that, we can just invest on the coin/token that we trust, and hold them until the project successfully enter the top market.

One of the most difficult problems in cryptocurrency is making the right decision in time to withdraw funds to fix profits. Since the price movement of cryptocurrency is very bad to predict, we all make mistakes in this and no one will be able to avoid it. Therefore, possible losses should be treated as inevitable costs when working with cryptocurrency and rejoice at even a small profit.

I think it's up to everyone. Very greedy people, once they have achieved what they want, will continue to demand more than that.
It's important that we set goals, we have to be disciplined with our best friends. And try to curb greed. That way we can take profits.
It's hard to say it's easy to do!!!

I guess the main issue is, missing out on profit hurts more than taking a loss.
I do set my take profits before I open a position if I am actually in for trading a coin.

People will never be satisfied with whatever they earn, it takes lot of disciplines to handle greed and feel satisfied when you take profits, some people will force themselves to take profits because people around them are warning against not taking profits but as soon as they did that they never feel satisfied

For someone who is in a hurry to sell and knowing that the price can still go up, I agree with the idea of talking out your investment and then leaving the rest to mature or grow to your desired price.
But on a more general note, personally, setting a target and standing by it is a more healthy habit to learn, this I've learnt from my experience over the years in crypto, if I had practiced this habit before now, by now, I would have made a lot of money for my self, I've always been very hasty to sell my holdings as soon as i see a little profit, but this year's bull run I've taught me to always set a target and try not to sell until I meet that target, and I think this is what every body should learn, in a time when you are in dear need of money maybe for some reasons, you can take out your initial investment and leave the rest to hit your target price.

It hard to take profit sometimes when you missed the road to success. It hard me to earn well, some years ago until i go back to personal research to know the causes and how to avoid them in the areas of investment.
Since we came out from lockdown, I found it easy to make a good profit from my altcoins investment.

Its always hard. Fear of missing something is too big during bull runs

This for newbie trader. Pro trader always set take profit target using fibonacci. They set different price level to take profit so that if the price still go up, they can still sell some of there coins at higher price without having fear of missing out. Profit is profit its hard to take loss during bear market.

Yeah and people actually shouldn't be too greedy. If they set a goal to reach, they should take the profit after seeing the price there. Because after that level, things may not go on good for them and they could even go back to where they started.

It always hard if you always think about losses and if you don't want to improve your trading skills. It is very unlikely how pro-traders think in which they very optimistic and they don't stop learning as that only the way to help to increase the chances of earning more. They are not contented and that encourages them to work hard.

Because if your mindset is to earn more, you'll never think about a HARD situation but instead, to find a way to make it easy. That is what we supposed to do rather than being negative all the time.

In my own experience, I can honestly say that for me it is. Before i invest, i did some research, asked my friends whose more knowledgeable about crypto world than me, took their advices to do's and don'ts. Even i tried these ways of mine before investing. Sometimes I failed, lose my investment and no profit at all. But it is okay, because i do believe in saying that you have to try and try until you succed.

Mostly people face two types of problem in trading. Either they do not take profit when the coin reaches it ultimate top and keep on hoping that it will move further up or they take profit too early ans miss the chance to gain more profits. In both of the cases, if you learn technical analysis you will be in a better position to take the profit at right time.

Taking advantage is about patience. How patiently you can hold it, I understand there's a lot of bad news out there, but be pretty sure with predictions and wait patiently to make a targeted profit.

I think he is a new man in the world of trading, a new trader will surely be afraid of the bull run train, even though the bull run is not over, we do not know the future , just believe in the assets we have.

With the bull run in place, it's actually difficult making a decision and standing by it. Most times we tend to regret not waiting a little longer to get much more return on our investment. I recall selling my dogecoin during the first pump and had to buy higher when the pump persisted. I sincerely wished, I held on the to the doge I had and would have made much more from the pump.

Taking profits isn't hard unless you don't know what you want, if you are greedy you will end up losing, you invest 100$ and the money turned to 1000$ how is that not good enough? That's 10x, take profit and invest in other projects that haven't surge yet

Indeed, it can be hard for a day trader that is following more ever 1h charts but it is not really that hard if an exit point is established since the start of the trade.
Trading for longer periods of time comes with a benefit of a more reliable and accurate trading analysis. If correct levels of supports and resistances are set you just have to follow them but with a management risk in case of dropping to the next level support.
Emotions can have a negative impact on own trades.

If you have a proper money management strategy then it will not be hard to take the profits. I usually take profits in chucks and not all at once. If the coins reaches certain percentage, i take out 30$ of my investment. When it further moves up, i take out 50% of my investment and let only 20% of my investment to ride further in case the coin is giving parabolic returns.

Greed is the reason why taking profits is really hard for alot of people, it's human nature to always want more, that's why you see people holding onto a coin for too long even after getting their target profit, only the disciplined traders or investors don't hesitate to cash out of the market when they have had enough profits, so the solution to this is simple, just learn to be satisfied with whatever profit you make from a coin, it doesn't always has to be 100x before you thinking of taking profit.

Yes you set a target and are happy with your decision and once the coin hits the target you just don't execute according to the plan you actually made.
It is as if it was a totally new situation although it is the one you already anticipated and made the plan for. That is nothing but human psychology.

every one must thinking they were regret when selling coins to early. doge for easy example ,due its pumped hard much doge seller regret very hard now. all of crypto community  never imagine doge could hit current price. overall when we hit our target we must be thankfull with everything we got , dont be greedy because want huge profit in a day. remember crypto didnt make us rich only in a night.

now there is a trend of buying shit coins with a small nominal value, usually people buy under $ 5 and get millions of shit coins in pancake swaps. In general, Take Profit can be done after the token is pumped so it is easy for buyers to get 100% - 500% profit.

All buyers can get their money back to $ 200 to $ 300 in short time. However, it takes a fair amount of research to find out which shit token actually has the potential to earn us big profits, because this type of coin is so unpopular and isn't even listed on coinmarketcap.

No it is not easy for every buyer. For every seller there must be a buyer to pay the 500% markup you are talking about there. A few will make those gains and a lot will just lose money because out of a sudden the order book goes dry and nobody can sell anymore at good prices.

Professional traders and investors always have predetermined levels for taking profits. This could be a psychological level, a price extension level using Fibonacci extension tools or any other technical tools out there.
The difference between the professional traders who make consistent profits and mist people on forums is that, they execute the sells at all the predetermined levels and are content with the profit that they make

it is not easy to make a profit. Actually, it is considered as easy, but it is a very difficult decision. Someone who wants to get a profit must first set a realistic goal for himself. If his goal is unrealistic, he cannot decide to sell the invested coin no matter how high it rises. Therefore, in a sudden drop that happens until he makes a sales decision, he may even lose money while trying to make a profit. strong psychology, realistic goal are very important factors.

Well for me, it should be hard to take profit in any field or industry. Quick rich mindset is a big no no for me because nobody grows with that kind of thinking. If you are earning too easy and with no difficulties, maybe there is something wrong. You don't know ot for now, sooner or later you will.

That's actually true most of the time aiming for a much higher price in the market or being too greedy could be a bad move and could result in a long wait.

Let's face it it's difficult to hold tokens in the market especially in altcoins because we don't know if it's gonna be worth waiting or holding that coin, in Top cryptocurrency maybe we could have a bit of assurance but in other altcoins, it is always a big risk.

So the best strategy here that I learn in my experience is it is not actually that bad to take profit when the market price is pumping because most the other investors would recommend selling at x10 or holding for years especially if you do daily trading and you're always into the market looking for an opportunity. It actually depends on your strategy because some investors are working or have their job so they don't have time looking in the market or news just to know everything about the market.

What can i say is "almost everyone is greedy". When you have made a target, for example "X2-X5 is enough". But when GOAL was reached they were still greedy and didn't immediately sell their coins. When the price of their coins fall and they started regretting their decision.

My advice is to set goals for yourself. Once you reach your goal, stop, then you won't regret it because it doesn't belong to you.
Set goals and be patient every day to achieve it. When participating in investments you must be calm and wise. I know it's hard for us to control our best friend's ambitions. But try to be up, you will succeed.Set goals and be patient every day to achieve it. When participating in investments you must be calm and wise. I know it's hard for us to control our best friend's ambitions. But let's try, you will succeed!!!

There are many decisions to think about when seeing the price of the coin we hold increases.
I will sell 70% of the coins that have reached the target selling price I have set, then hold the rest for the long term, there are lots of new altcoins and I think there are lots of opportunities to buy at low prices, patience is the key to have when we are see some portfolios have gone up and are profitable

analysis in determining investment is very important. any type of investment is definitely aimed at making a profit. however, if you have started investing it means that you are ready for all the risks you take. Hold or sell, profit or loss is the decision you make.

Some investors aren't contented with their expected profit and they're even aiming for more that sometimes result in losses which isn't a smart move. As for me, it's still better to set a target goal and sell when you have reached it. Sometimes, greediness could take everything from us. Reaching our target profit is more than enough because profit is still profit no matter how big or small it is.

- The fact now is a concrete example, too many altcoins achieve the highest milestones in their career paths, investors also maintain a large profit through holding but in the end, they are always late in taking profits, their psychology lacks consistency with their goals due to the daily predictions that are raising the frequency of their greed. And the profit will disappear like bubbles, it is broken when flying high, this market has warned too much and given everyone time to profit but too many people still don't know enough and satisfaction

Yes always if you don't have knowledge about what is good pick

Every market relies on the actions that the traders in that market takes (human psychology as we usually do see), but how do you know when people are in a particular state of mind? You can’t even tell when and how, so what makes you so sure that it is easy to trade cryptocurrencies? It is not.

Anyone can decide to sell at anytime and that doesn’t determine their mood at that moment, it can just be that what they want to do at that moment is to sell due to they need that money for something else. So you’re totally wrong, the way you have put it is not how it’s going to be working.

Taking profits should never be a hard thing for an investor especially if you want to be a successful investor, profits on paper means nothing if you are still exposed to the volatility of the cryptocurrency market and such profits can be taken away from you if the price dips, which can happen at any moment.
So its best to take profits as you see positive gains, keep your profits in stable coins and you cab reinvest when you see better lower prices

As a good and experience trader, I believe taking profit shouldn't be hard and it takes discipline to do. Immediately or before you take a trade, you should always have a predetermined exit price in mind, and once price hits that price level, just take your profit and leave the market.

Making a profit is just as important as investing in the right coin. Investing is not just investing money. you must keep track of the money you deposited. Protecting your money and realizing your profit is one of the most important issues. The biggest reason people lose money is because they don't use stop loss and don't know when to make a profit. technical analysis is a method that helps in these matters. Technical analysis helps a lot in setting a goal for yourself.