Bitcoin Forum

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

If you deadly need of money, do not consider any situation and crash the bitcoin into cash without any thought. In the same time you have plan to take the bitcoin periodically there is no worth in it mate. In that cause you can hold the coins for long time.

Converting it to USDT is not a good idea if you are panic about the price dump instead of that you can hold it as bitcoin or ethereum. That is much safer than USDT because profit wil be in your hand for sure mate.

I prefer to just hold. The thing is if you stocked up on btc and then started selling a bit regularly, you are betting that the price would drop much lower than what you bought your original stash for. I find it difficult to time with our local exchange because of the spread. It's about $200.

Since no one can predict exactly how much the market would rise, so I prefer to withdraw half of my funds every time I see a fall. This cycle continues further and I keep withdrawing half until it reaches zero. There have been instances when I regretted selling my coins early since they multiplied more in future, but it is better to have some profit instead of taking losses. I won't say that my strategy is foolproof, but at least it doesn't result in you making losses out of your investments.
My friends follow a different strategy since they have risk taking abilities, but unfortunately I can only take little bit of risk and anything more than that makes me uneasy.

We have different approach in terms of selling so maybe you can't really get an answer that will fit your criteria. As for me, I really tend to hold no matter what's the trend is or massive shit happening around.

So when will I sell?

a) as soon as Im fine with the profit whatever it takes
b) as soon as I need cash

So basically no such thing as %%% here because most of the time, I do hold. Since I have gotten enough on my stash, I rarely do buybacks.

My suggestion: How about executing what's your on mind and see if that will give a good output to you. Really a must to test some methods in order to find a winning strategy.

P.S Only applies to bitcoin. I have different approach into altcoins and it will requires another discussion.

Maybe you should moved this thread to Trading Discussion (https://bitcointalk.org/index.php?board=8.0).

Do you understand that your tactic won't work always right. Having in mind that USDT is not really backed 1:1 by real USD dollar and thus could crush or whatever you shouldn't consider it the good tool to use at your advantage. You can do these kind of things but I will advise go for longer terms like during the last Heights if you sold during the price being 20-15 and bought back in 6-9 range you would profit in terms of accumulating more btc. Bit it is mich easier to talk about it than actually doing it. Of you don't know well don't lose your money, you could try to learn to watch patterns and such things but this game has a lot of stress in it.

It’s maybe lame but I prefer to hold till 100% increase

Rules are simple: 20% I keep, 80% stays in the bankroll, and as much as possible, I don't take my profits immediately whenever I don't need to but instead use it on other things or just let them sit on stand-by in case the price dips and I can buy immediately. Most of the time, people are eager to take their profits and use them in buying nonsense stuff that leads to being broke and losing all their hard-earned money. It feels good to reward yourself with something nice, yes, but thinking for rewards short-term loses you the chance to gain even higher in the long run.

My strategy is simple and my method is the common method in trading and that is the long term trading. I will hold my bitcoins until it become triple or quadruple in value. When I bought bitcoin and earned bitcoin I usually dividing those bitcoins before doing anything. Some I will be placing on savings and others for trading and others for withdrawal. As time goes by  and as bitcoins value goes up and goes up my profit is increasing and increasing. I do just hope that I can construct a new house using those saved bitcoins.

usually I take to the advantage of the difference between the purchase price and the selling price, if my prediction is wrong then I will choose to wait for the price back up, but have a high risk, but I sometimes choose the cut loss step to reduce losses.

Never sell. Spend and get the maximum return on profit.
I'm always surprised at how many people loose money swapping back and forth between fiat and bitcoin. They are just giving money away for no reason.

Crypto investment is one of the secure investment but few projects only supporting to long run. So I just invest in bitcoin because I have another source of income is enough to maintain my day to day life. I decide to hold for 2 years it will automatically growing in Crypto market. Finally I am exchange in 50 percentage of the investment and again I am holding my 50 percentage of investment.

You're strategy is good because you will secure immediately some of your earnings but for a long term investment this will be not necessarily to do because for a long term investment you can only withdraw it if your investment will raise up to double or maybe triple your total investments. But for me I'll do diversify where in I allocated my investment s in two different coins and I do hold it and after it's reaching 50-100 % increase of it I will do sell half of it and converting it to fiat currency.

I sell only for fiat and I do not withdraw more than 205 of the invested amount. I have invested mainly in coins like bitcoin and ETH and this is for long term only.

Only straight to FIAT. I think it's best to set intermediary goals and on each withdraw about 30%.
I know that people like to convert to Bitcoin or Ethereum, but it's not really beating the market, is it?

my straight point or rules is buy low sell high and also investing in good ico.. working bounty campaigns and other stuff that is my way like the others.

I personally like to take out my initial investment once it has doubled and then I leave the rest in. Once that doubles take out another half and so on. Im not really into day trading tough to be honest. I think with day trading the margins you will be working on will be allot smaller. Allot of experienced day traders work on 5/7 very low percentage trades. They even go into the satoshi levels. Something I would recommend even if you don't day trade. There can be a very sizeable difference between 1cent and 2cents when thinking in terms of satoshi's  

I have a strategy that I have used for a while and in my opinion works just fine. Basically, one has to know what one plans to achieve first before choosing a working strategy. My strategy is to build my bitcoin up through ICOs. I do proper research and select good projects and invest during ICO or when it rebounds. All things being equal, I take 50% profit between 5x and 10x. This profit is taken in bitcoin and held. I take another 20% to 30% from the project and reinvest into new ICOs with promising future leaving the remaining 20% to 30% held for a while depending on the project.
Therefore, most of my investments are towards building up my bitcoin which I in turn take profits only when it moons.

Good day, discipline, I practice myself to set an entry point and an exit point, also be a little less greedy. that way you will likely less lose a trade and easier to set a profit.

I think the principle of taking out money after a certain percent gain is a very good idea.  Unfortunately, i did not follow this principle before the last crash and i ended up down more than 50% from my peak.  If i were to hold i would have increased my ethereum stack by nearly 5x which would have left me in a much better position than i am now.

I withdraw my funds if there is an emergency that needed immediate money, aside from that nothing more. I don’t sell into fiat, because your capital will be totally stuck up. My idea is buy bitcoin and use this bitcoin to buy some potential alts so that when you sell your alts in 100% increased your profit will be cash out into bitcoin, hence your bitcoin hold increase. That is only my idea.

I actually think that focusing on a profit taking figure might be a mistake. I think it's very important to have an exit loss option, but you don't really need a profit target. If the conditions are favorable then you should just let the trade ride, without being greedy. In my opinion, with time and experience you will start exiting when you feel comfortable in doing so.

That is my opinion for trades. From your question I assume you were actually talking about profit taking from your bankroll, and not a single trade. I think this depends on what you are trying to achieve as well. If you don't want to increase your bankroll, then you could remove anything that is above the bankroll you normally use. I use that strategy for poker and sports betting, and it works well for me. If you want to increase your bankroll, then I guess you should not withdraw anything, and just keep letting it grow.

If the project will turn out to be useless then I will convert all my funds into fiat, its futile to wait to a specific coin without any assurance that the coins or token will bring any real usages and solutions to our current problems to the cryptocurrency and real world, while other coins like bitcoin, ethereum and other legit cryptos are tested to have a recovery during the bear season then holding is the most profitable move to make if you are holding some of them, its hard to predict when and how the increase will last you may miss some opportunity or you may inflict some losses so be wise with your decisions to sell.

I am holding long term on all my coins. I am not selling but looking to buy coins in top 10 that I do not have. I will then choose other coins from top twenty.

Does it really depend on which coins you are engaging on and not only this thing i do see as an indicator but also if you do make active tradings or scalping out percentage profits then you will really go for those who have top volumes on 24hour basis. This is really very pertaining into very active trade, if you do have the skills and capability.Then why not?
Profit taking do depend on peoples/investors preference some are going for long term and some do loves shorter ones.

I think you're a lucky guy because you have some freemoney to work with or doing your plan with it not like other people.
Who has to spend their income for their daily needs and their family also, that could be a huge decrease on your profits if you stuck with those situations.

my rules of trade are not complicated. I only sell after earning more than 10% profit. And go back to find another coin to start a new trade. To earn a profit every day, I'm targeting about 40 coins to trade. and I only sell coins that have profits above 10%

For profit taking means to sell out coins and getting profit is a process follows but some conditions and after that you will get the output. The basic rule of getting profit from an investment is to know about the market price. As long as the price is decreasing the hold your coins and try to buy even more and if the market price is increasing eventually then wait for the maximum high jump so that you will get good output at the end.

You're doing the right thing, it's good. When the amount increases by one hundred thousand percent, do not forget to withdraw a little in cash and buy a Lamborghini.

I try to withdraw a hundred dollars each week to cover my expenses. This is a good tactic, I believe.

Right or wrong (probably wrong), till now I waited for second resistance zone, sometimes I sold on first resistance zone a little part. May be I should be less gridy

whatever you do, do not trust USDT that much because its future and its price depends completely on one company that may exist today but disappear tomorrow and with it being tied to also bitfinex a simple exchange hack can turn into a disaster for this altcoin.

back to topic, what I do is that I consider bitcoin as my currency instead of fiat. this means I invest my bitcoin and I buy before the pumps and then sell on top of the peak of the pumps and that way I increase the amount of bitcoin that I have.

It depends what trading pair i used to trade, i don't sell in usd i am in Btc with other alts. The factors or idea is the same after 20-50% increase i use to sell some portion of my holding depends in a coin if its for long term i will sell 50% only and try to buy back the half that i sold same as it goes 100% or more selling half amounts. For some coins that i didn't like i used to sell after i gain any profits and don't get back on it.

Whatever strategy you are comfortable to use might work, the principle of having your target goal and always take the advantage is better than
anything, as long as you think that you already achieving then continue though we are all aware that fluctuations really affect our target zone, better
to have more alternatives, keep buying when price is decreasing then sell when you are already satisfied and your target zone already been reached.

Hm, I am not sure about putting my investment into USDT when I have received profits from other coins. I mean I know we can just keep the dollars to the original prices and thus can keep the profits without losing dime on it. But, think about this in broad sense, you can get the money cashed out in the fiat also and still can keep the investment in the same way as you would do in USDT but more or less more safer than that. USDT is anyway crypto one and it does fluctautes by cents and affect your store value. Fiat wont. Just re-invest when the time is good for your portfolio and let go for the good future.

USDT is also one coin but the price is always stable at $1 that is why people use it to trade and hold there profit in USDT, but you are right don't put more hopes on USDT just for short time hold you can use but if you ask me i will say BTC is the best pair for trading and also it will increase your profit if you hold it for a long time.

This is simple . But before you want to make a profit you have to learn to keep your greed. When you buy it at a low price and when it goes up you get profit then you should sell it. This is less profitable but it is safe.

if you are saying about bitcoin to usdt trading then i would suggest if you are good at trading then only try scalping with bitcoin because bitcoin gets massively volatile at times and you may not be able to buy back after selling.
For alts i prefer converting into bitcoin after a certain amount of profit from my trades usually 10-20% for short term and long term I take out my principal amount after my investment does 3x profit.

Rules are almost same for all the investors and by applying that rules an investor can take benefit and make profit easily. I am these days making a rule not to invest further because I have taken the advantage of the previous bears market and now going very well towards a good position. Investing at this time is also valid for me but as I have invested at low price so my all focus is on the market value to find it stable so that I can sell immediately in order to get huge returns of my investment.

I think there is no such rules to follow, a one thing that we should be also bear in mind in don't be greedy. Greedniess is the only emotion that stay out our mind to sell most of the time we are waiting and wanting for more. Selling in profit and not being greedy is the best rules.

Your plan not too bad! But you must take time to identify when to buy at the right time. Bitcoin has been making a very high significant progress and this give little opportunities to take profits along the way if you can easily covert to dollars and buy again at the fibonicial level of downward trends. Therefore, you must be careful in the way you trade in other not to buy at the wrong time.

Since we are talking about trading , you need to have a strict rules to make every session ended up profit steadily , don't set too high profit , just piece by piece but a sure profit.
Holding as long as possible without actively buy and sell aren't considered as trading for me. Control your desire to win big , it's always become your biggest nightmare.

For long term and day trade i always set a target. When it hit the target i will sell even though sometimes i think it will still go upwards. I always say to my self that a gain is a gain. I always follow my trading rules.

With convertion i just convert it to FIAT always then buy again when i think it is safe to buy.

Being greedy or not to contented with profits is one of the reasons should really be controlled when we are talking or doing trading because this motive will really make your actions into a rush state where you cant think off clearly because you are expecting too much that the price might shoot up even more.Always put up in your mind even on small percentage gains will be already a good thing.Dont ask for more if you do see or already gains.

If you invest in the short term of the day you should aim to profit and cut yourself loss, remember to fulfill the target set. For long term investment you should choose when the market drops, buy the altcoin has good potential. I am constantly doing this two ways of investing and I feel that it is extremely effective.

This is the way every active traders will be doing, if the target they are aiming reach those valuation they could either convert them to USDT or Tether but i have my reservation on trusting the entire scope of tether because they are not transparent but that is how i deal if i am planning to reinvest my coins after a correction.

I just join the market, i set a target of no more than 3% per trade, and i let it in there for a few hours, if it is closed, then i take the profit and i continue with another pair, otherwise, i just let it in peace.

I think that the answer to the main question, I will say briefly, is not to play with one leverage. And even better, play more in altcoins.

My rules are very simple, I buy bitcoin, buy bitoin alto, I wait 100% for violas, I sell 50%, the rest I leave for storage in long.

Some rules to make a profit through trading:
- Expand the View
Most traders are only fixated on one trading instrument only. It's not wrong if you do something like that, but it also means you will simply ignore opportunities in other currencies, or other stock indexes. In fact, there are so many trade subjects that you can transaksikan.
- Set Risks
As has been said, the risk is directly proportional to the odds. That's why you need to set how much your tolerance to the risks that may occur. Risk in trading is certainly a loss. If you do not limit the risk tolerance, it's the same to let all your capital (possibly) be consumed by the market. This risk restriction is also set in the trading plan.
- Immediately Withdraw the Benefits Provided
Most traders do not realize that profits should not be mixed with capital. If for example you start trading with a capital of $ 5,000 and you have managed to collect a profit of $ 1,000, then immediately pull that advantage. Let your account balance back to $ 5,000.
- Know the Time Out
The "exit" strategy is also important. The simplest is to close the position after the target profit is reached, or stop-loss taxable. It can also close positions as soon as your trading system requires it to be. The less aware is to immediately close the position after the loss reaches a certain percentage of the profit already earned.

this is about the best way to make profit without much hassle

It depends to what profit I get. If I think it is good to sell and I compute my capital and when I seel it if I see the profit is good I will sell it . But better to sell your altcoins if you get more than 50 percent and suggest don't sell all the coin the price increase because they have chance to increase more.

My main rule in terms of profit taking is to never become greedy and always set your goals to withdraw. This might look simple but many people fail to follow this rule due to which they need to face loss in their investment. When your coin is rising everyone wants to earn more and wait for the coin rise but in this wait coin gets crashed or dumped in no time due to volatility of crypto currency. I believe if you really want to play with risk then you should take your initial investment out and invest he remaining amount.

my rule are:
1. Analyse the market.
2. Think like sharks and see the future.
3. Before doing something, think twice. Stay away from margin.
4. Finish all your work then wait.

Set profit limits in accordance with what the overall market is doing.  Yesterdays 20% gain could be todays 4% gain

When the profit is over 50% I sell it, 25% in eth form for my capital to buy coins and 25% more for me to sell to USDT. But it depends on the situation of the coins that I am trading if the coin is growing rapidly well usually the profit that I get I sell to be in the asset to buy the coin and then I resell for profit. This situation depends on my needs if I do not need it, I just make it as my investment.

Taking your initial investment would be a big help so that you can control your emotion. Knowing that what is left in the market is your profit is an assurance that wherever the market will go, you still have a profit and you will have a rational thinking of when you should decide to take it all. Having a trading plan or sell levels would help in deciding when is the right time to sell. As for me, I don't wait for big gains but instead, I aim for small gains and if that profit percentage is reach, I would move my stop loss above so that in case the price go south, I am assured that I have less losses or I still have small profit. I let my profits run but I am strict to when should I stop my losses especially in this very volatile market.

If the price of my altcoin suddenly jumped and double its price then I will quickly take my profit from it. And I will never encash all of it because I need to reinvest to repeat the process of profiting like investing 20%-30% of it.

No one can predict exactly how much the market will go up, so you prefer to withdraw half of your funds every time you see a decline. This cycle continues and you keep pulling half to zero. I'd rather stick it out. The problem is if you hoard Bitcoin and then start selling a little regularly, you are sure that the price will drop much lower than what you bought as your initial deposit. I find it hard to time with our local exchange because of its spread. It's about $ three hundred.

There is no any rules in profit taking because all incomes or profit taking are based on your own decision which is very democratic or freely way and not dependent to others.

I tend to keep a diversified strategy. I am a short term trader as well as long term hodler. I research extensively in low cap but potential coins and make investment in them for long term. Such tokens are worst hit during a dump and are best to accumulate in every dump. I go short term with large and mid cap coins. Until the market shows and significant sign of recovery from the bear phase, I will continue to play shorts with large and mid cap.

If you no need of money,converting bitcoin or ETH into USD will not be a good option.My rules for profit taking is holding.Many traders use to cash out from bitcoin at any price.But actually it is not a good option.If you hold till the maximum price raise,you will get more profit from bitcoin investments.

I usually cash out 50% of my profit in any trade once I tether. Then I'll reinvest that interest into low volume, high potential coins that have the potential to multiple in value, and I just sit and wait on it.

So Short whichever coin you're most familiar with, take half the profit and tether, then invest the other half in promising new coins.

Thus, a continuous flow of investment is obtained. The received profit Again goes on investment, but some percentage should be left for personal needs.

Holding? It isnt considered to be profit taking because if we do mean about this one is on converting our coins into USD. You do really have the opt to hold on depending on people or traders preference if he would go for long term but there are people who do active trades. Certain percentage of income or profit is just enough on a short period of time we do have different rules some might wait for 100x- 1000s or more but on some 10-20% gains would be just enough but this one actually depend on your bankroll or capital.

The 75 percentage of profit will be coming up with the larks and a good time in cryptocurrency investment the 25% will be there intelligent and patient level made by you so but they're very important to take profit annual investment in crypto currency.

I always wonder whether or not people fear holding Tether with the underlying thought of it becoming worthless if it doesn't turn out to be backed. It's actually a very important factor to take into consideration.

I wouldn't feel good selling my coins for something that might be totally worthless in reality. You can't even cash it out to fiat yourself without going through verification, which is another major downside of Tether.

well i am never selling coins for less than 1% of profit for me, otherwise it would be just like a loss trade and it would not make any sense to trade

I always exchange my cryptocurrency on the right time, if you want to earn more profit in the market then you need to endure the pressure just like what is happening right now and wait for the price to grow again.

herein my country I can use bitcoin to convert it into fiat or can I withdraw it into fiat money using my local wallet authorized by the central herein my country where I'm located and sometimes I use my bitcoin to pay my bills using my online wallet

I sell my bitcoin if I need to use I'm not selling bitcoin waiting for my target increase interest if I need I sell it but most of the time I will hold my bitcoin as long as I cannot need it to use in my personal expenses.

I always hold back my profits from trading Crypptocurrency.
Because to get profit from trading Bitcoin it is very difficult for now.

Unless I have a sudden need, like I am sick and have to buy medicine to the doctor.

I follow strict rules for every trade which help to lock gains and keep losses to a minimum. I always have a plan for every trade, my entry point, my sell point and my stop loss. I don't go for more than 1%-3% gains and get out usually at 2% loss. I have learnt not to Fomo and a lot more tips since I joined this discord group of cryptotraders https://discord.gg/HSMHyCy. They have a voodoo library with a lot more useful tips for daytrading, plus the community is great for new and experienced traders to discuss coins and the health of the market.

I always keep a set target, after which I lock my profit, and keep trying to grow my initial capital.

I always keep my investments to a minimum, handling too many coins at a time can be really stressful. I only take a handful at a time.

I always have a stop loss limit at which I cut my losses. And try to make up for it with other assets.

I take profits when I can, instead of hoping for more growth. I might miss a higher pump, but on Tuesday long run, it keeps me in the game longer.

And as a general rule,  ALWAYS PROTECT YOUR CAPITAL.

I think after this message can write nothing.I got all mistakes newbie - din't use stop-losses, din't fix x-profit, used all depo. This guy has a point, respect!

I usualy do withdraw my earnings in bitcoin wallet only and convert it into our local fiat money and thats convenient and user friendly exchanger wallet. After i got good profit i will take out my capital and leave my profit to role it again in the market.

I agree on this because if you'll loss your capital then it will be a dead end for you. Likewise, having a profit of course indicate that you're doing good here. Also I always have a target and always have a buy back plan so I can maximize my capital and profit as well. Good thing as far for this moment it works.

I am using BTCTC as my capital in my trades, so
I am focusing on BTCTC/Altcoin pair, if profits I withdraw
using BTCTC and sell to fiat using local financial services platform.

Well for me you need to use the rules of trader its must be long term or short term and buy in a low price and sell it into high price .

Mostly I hold until I make at least a double of what I invested previously. For certain projects I HODL my coins for a longer time if I'm for example waiting for some major developement events etc.

Do not watch investment trading is gambling. Up to 95% of investors always buy stocks at the highest price. The reason is simply that they do not know when to buy, only buy based on news or rumors are "leaked". Only 5% of investors know when to buy at low prices. Thus, 95% of people suffer losses and only 5% of people make a profit. Invest in the right to get rich, invest gambling style will definitely be burnt pocket!

When i have profit in trading, i change all those profit into usdt because i can sell usdt with lowest fee and exchange it to real money. But in this year, the market is too negative and i have to use my profit to sercue other cryptos balance.

It's hard to make money today, especially when you are not sure of buying a coin I think when you earn a profit and have a profit it does not cost you a second trade to earn.

There is a rule that wealth is never for the crowd. and you're right. Most buyers at high prices make the price rise. It's time for the coin holders to take profits and exit the market. I personally have been so many times bought at high prices because of rumors

I will just base on today the thing I do when I hold (a.k.a HODL), sell and buy so in short it is trading.

1. I think positive and do not panick when market value goes down.
2. I do not use my bitcoin and exchange it to fiat when I need important things. I hold it until it increases at 50% aswell or a much better idea more than 50% increase.
3. After that I exchange it to fiat and spend it on the things I need in my everyday life.


In a scenario I need money
1. I exchange it to fiat, just about a little amount because I need money but I know bitcoin will increase and I get a money back.... So, I dit but stop because bitcoin is having signs.

If you are a day trader than yeah you should get rid of your emotions and just purely focus on the movements of the coins and whatever else the day traders do. However if you want to hold a coin for a long term period and just purely "investing" instead of trading than you can put your emotions in it as well. Do not forget that we are in an emotional market where the price is decided among people and not have a set value. We decide what worth how much, which is mainly emotional.

A general and technical rule for profit booking must be derived from the same analysis which was used to open the position. It means, the same analysis must include the exit point too. But most people are not focusing on this.

I think that before the information is not good, although not confirmed, investors should not be concerned about USDT. Maybe they later prove that the USDT is in circulation is 100% guaranteed, but it is the future, the safest, for now, should not buy USDT, holding USDT can sell cash. I give the opinion based on a personal evaluation, not FUD nhé you.

You only withdraw when you need money right? and of course you will always holding your coin even when prices rise right? I've also done that strategy before, but how do you feel if you still hold back when prices go up, and then the price drops, and you throw that opportunity away? How do you feel ? and what you will do

Although I’m a professional cryptocurrency trader so I just follow the market movement. My rules for taking profit only day trading because most of the people know about day trading. Day trading is a very quick profit although it has risky, I suggest to newbie never start day trading because you can lose your whole money in a short time so before following market price then start day trading.

for me to withdraw funds only when I needed it because I applied BTC as a long-term investment, I bought BTC in 2016 and continued to export the amount of btc from the trading results and was attractive when needed but from now on I began to often withdraw to usdt to get profit from relatively btc fluctuations down now because for altcoin it's not good to trade now

Making the USDT choice is not bad when you have gotten the profits and wanna put them securely without getting fire of volatility. However I would suggest that you just re-invest your profits again into the coins which you think are good investment and are currently down in the price. You should always take such shots and then make more profits out of it.

That is how I am taking more profits here and not by holding by my profits. I will hold my profits whenever I have sufficient of them. Now the definition of the sufficient depends on many things and personal instincts.  ;)

I always apply the rule sell high and buy low so I prefer buying during the dip. I believe that our profit depends on how we handle every situation and it is based on buying and selling at the right time. Whenever I gain a good profit, I reinvest the half of it in a good and potential coin or in bitcoin and ethereum to have a good gain out of it again.

The idea that you have given is reasonable. There is enough money when trading logic is worthwhile. There is no reason behind the lack of urgency. At that time money is not worth the price. Percentage is not a sight to see. But there is a need to keep things together without doing anything at all.

Well, since everyone here has different reason for investment so also we all have different take profit position. Personally, I withdraw any time I make up to 10 to 15 percent profit from my investment but on a rear occasion, I use to withdraw up to 50 percent of my investment in crypto currency even if the increase in the profit if not up to the said 50 percent.

The old rule in  this matter of 'buy low sell high' applies and one can't deviate from it if they want to make profit. But also knowing when the market is about to go down or up is used but gathered by knowledge. And of course, don't invest what you can't afford.

My rule is to take the profit whenever my profit target has been reached.
And the specific target depends on the market situation  and  on the specific coin.

Agree is a very good strategy. actually I'm not too greedy in taking profit. try to make a plan for the price target you must achieve.
but also adjust the price target with market conditions. so that the target will not be difficult to reach. nice rules dude!

How I go about is make a goal. So when I reach that goal in the amount I would get profit, I will sell and put that money into use/save.
I will not take everything though. The price may go up even higher so just in case I keep some.
It's always good to hold. It seems like every year the price keeps going up so for bitcoin specifically, I would hold.

It is necessary to look at the situation - how critical is the need for fiat money. If very then I change the crypt to Fiat, if the situation can wait - I search for good coins, you can even see new ones. New coins very often have the potential for growth (not all of course) the project and the future will be a coin, now I'm working with the BOOSTO project - I think there will be xxx.

It is like basic rule that if you buy low and sell high, believe me this would be getting so amazing for you. the results after this implementation would make you astonished and totally wondered that how greatly someone can improve. The only way to get profit is buy low and sell high rule. You must keep your mind high and under controlled whenever prices are down.

I don't have any rules for profit taking, I mean that I follow standard rules as the most traders in the crypto world and think that it is better to stick to the plan that someone else has already checked

I think holding is the best option and it really helps in making some profit.

Everyone has his or her way of taking profit. Some take profits and keep the funds on bitcoin, while some take profit and keep their profits in fiat. I take profit and keep it in usdt. I usually sell half of my portfolio if the token am holding does an x2

If you are involve in crypto trading and you want to make some profit from there, then no doubt that you have to do research for the best place and coin to invest your money there. Without having good study and satisfaction investing your money in crypto is to take a big risk.

It is not possible to predict the market and the rise and fall of the market.

Everyone has a different take on this and it is always better to know what you are doing.

I like to withdraw some amount at least half of the funds when there is a fall as it helps.

There are people with different approaches and you can do what suits you the best.

I step out in increments and never try to time the top no matter how tempting it may be.  USually if I double up I take my initial investment out.  After that I let it ride for another double as I have nothing to loose.  I tend to over hold once I have my initial investment out. 

If the reasons for why you entered the trade are no longer present, or if the technicals (or fundamentals) have changed significantly from the time of your entry so that you have no reason to be in the trade, then exit the trade

your method is best for full time traders. I use to trade in BTC or ETH because most of the time I am using altcoins. For profit I use to set a specific target for every altcoin, depending upon the investment. For conversion I use localbitcoins

Your strategy is good and I think that can be sustainable in the this state and considering USDT is good in buying dips so just continue what you're doing.

Though what I usually did is when I didn't need the fiat even I profited 100% I'll still go with USDT as it's more easy to buy using this so I can maximize my earnings.

To take the profit I follow the simple rule, Buy from the bottom and sell to high. That's mean bear market is the opportunity to buy and hold for a bull market. Mainly I am feeling good to invest in ICOs and when hit the market I expect 3x to sell the token to get back my the initial invest and after that, I wait for some big. This is my simple rules

I try to work within elliot wave structure and sell on the fifth wave, reinvesting on the second corrective wave

I hodl first my fund then when the price is good I withdraw it when I only need but if I do not need the money then I do not withdraw it first I hodl it for the good price of the token but when I withdraw it I do not withdraw all of the token I hold some of it.

We here in the world of crypto currency in order to have an income either it will be huge amount or not but somehow most of us here we want a great amount of profit as we believe it's definitely possible. On my part, I will set aside some of my profit from my traded tokens since there is still have chance to increase those potential coins I have in the future. Well, some of it become dying but I don't take it seriously as there a lot of coins I have in the future came from my bounty campaigns. :D

For me, setting a percentage for keeps and re-investment is wise. It's increasing you assets at the same time saving for urgent needs. In this way, incase of emergency, you'll be saved by the percentage of what you keep, saving you without compensating your investments.

Be patient and do not rush to sell coins when the market drops, wait for the chance when the market rises.

Be quick, be really quick. If you are looking for x100 profit for your investment, you are going to be incredibly sad. Will that never happen? No it sometimes happens. Will it happen to you again ? Probably not. Just take your profit and leave. Get in and get out quickly, like 5% or so is good rule of thumb. Just put your sell order on 5% profit and wait it out.

When you sell it, than wait for it to drop back and do it again. Do not wait for a coin to skyrocket and get pumped 700% before you sell, that sometimes happens but most likely won't happen. It is about small incremental profits rather than big huge gains over time.

Ah! It’s not good to be driven by the need based profit theme. There may be many chances where the profit level may be higher when you don’t need any money and then when you need to withdraw your profit might have been less than 20-30% or maybe more, who knows.
It is a brilliant idea to not to withdraw all your funds at the same time and withdraw it in packages. This reduces the chances if the price goes high meanwhile you will be having funds to withdraw and gain more profit on it.

The main rule for profit taking - have a plan before enter trade. A major mistake from traders is taking small profits and letting losses run. Result from having no trade plan.

Hold my coins, Buy at dip price  be patient, don't panic  even the market is going down and always set my target price that's my rules to earn a lot of profit

Yes, of course for me, I currently hold in the long run on all of my coins. I do not sell but want to buy some big coins that I do not have. There are no rules in taking profits because all income or profit is based on our own decisions.

I just applied to be able to be unaffected by market conditions when prices fell because when I was affected and could not control my patience then I would only get a loss so the most important thing is to control the patience you have.

The HODL tactics is profitable when the crypto currency you bought is currently growing. In most of the cases I sell all my coins or tokens if I am aware of the future negative trend of a crypto currency I trade. It is quite difficult to "reinvest in dips" because no one knows where the bottom of the price falling will be. The primary rule is a patience and a waiting for a good chance to buy or sell a promising crypto currency.

I agree.People may have set rules to take profit but the truth is it all depends on your own decision making.I personally do a long term holding for only those potential coins because it gives me assurance of a sure profit even if it takes years to realized.But there are really times wherein i badly needed my money so i just sell a fraction of it enough for my expenses.

It may be a good idea to have that scheme, as you take some profits of your earnings into fiat.  But in crypto, it’s quite hard to predict when will the price increase by 50% or 100%.  But to assist you in achieving the goal, always do research in which coins/token projects to invest.  In the end, investing in the right coin will make everything much better and fun to manage.

Too long holding back when prices go up is also not a good thing because maybe you will throw away the opportunity that comes, because it is very possible the price will turn and fall. so I think make the best use of it, when you are profitable then sell it, that's my strategy...

If I invest and I have made profits, the simplest and the easiest thing I do is to withdraw the money in fiat money. With this, the funds are always constant and you can be sure you made profits. You might decide to keep your profits in cryptocurrency and when the price of bitcoin declines, you can't say that you have made good profits as the market is down now

To begin with, all the capital should be divided into various investment instruments, trading will not go far if there is no discipline and enough time. It is better to allocate 10-15% of your deposit to this case and fix the profit in fiat when you reach 100%.

I only sell USDT, when I really need money then I sell fiat, I prefer to usdt to be ready to trade at any time.

When trading or investing, I wait for my funds to rise above 100% of my invested capital. I now sell half of my investment to get my invested capital back and now hold the rest of the tokens for the long term

I think that the best rule to be guided with is to sell coins when the price is high. To my mind, it is better to buy coins now and wait until the price increases as much as you need to gain some profit

always be disciplined

Cant back #3 up enough. Margins are asking for disaster. especially in a market as volatile as crypto.

If I will apply trading into this, I use a certain percentage of profit into it. I usually take 1 -2 % profit only and after doing it, I will find another coin to trade. I do swing trading sometimes but there are times that I need to use stop losses to prevent further lost of money.

I only exchange my crypto coins into fiat when I need to buy something very urgent.

First, I would like to point out that I never believed in the false alternative called Tether. I think it is an option that is pushy and not safe at all, and many successful investors have already told me that you think the same. That's why I usually set profit margin targets over Bitcoin or in USD. It is also a fact that I deal with TL which is often my main currency. When I reach the target I set frequently, I go to cash again and prefer to make a new investment when I can find a new buying opportunity. I get a short term income that is not too bad, but I have a long term low income because I do not have a serious budget for my long term investments. I would like to point out again at the end of my comment that Tether and similar options have never been safe. For that reason, it is necessary to pay attention when trading through these parities.

I buy coins gradually. I have long learned that guessing the bottom is impossible. So, if I like a coin/project I buy, let’s say, $50 every two days over a period of time. This way, I get a nice buying average.When the coin goes up and I am in the profits (more than my buying average) I start selling slowly. And with every sell, I earn profits.Of course, you will sell to early most of the time . But because you don't sell everything you always have some left if the price keeps rising. That only means more profits. It's a good thing.It's simply impossible to guess the top.that is what i do.hope it helps.

maybe the rules that I do are the same as the others, that is I buy when the price is low then sell when the price is high, if the market is bad then I will hold it so that I will avoid losses and I can still get profit

For profit taking my strategy is half half if i have 1000 $ i always do if i buy a token 50% of my investment or 500 $ for buy and 50% too for sell 500 $

There isn't any kind of guidelines within revenue getting simply because just about all earnings or even revenue getting provide your personal choice that is really democratic or even readily method and never reliant in order to other people.

Yes I agree with your strategy using full amount in investing will not give any profit continuously using half amount for investment and remaining for next investment will always be very correct idea to get profit properly .

Yes.That's the most basic rule in profit taking.As much as i can,i do not sell when the market is in dump and just wait for the market to pump again.But sometimes,emergency cases became inevitable so i sell a fraction of my coins and the rest are left for long term holding.

Getting back in this market is quite easy as the market is recovering. Investors can trade short term in this period to quickly recover capital and profit and limit risk to their capital. I believe that investment plans are essential if you want to succeed in this phase.

Actually I wish I never saw the need to sell any fraction of the bitcoins that I have accumulated so far, but because I decided for some time ago to dump all my finances in the crypto economy, and at this time it is difficult to cover my daily expenses in my country using bitcoins, eventually I see myself in need of exchanging bitcoin for cash.

But I always try to make every month my total bitcoin balance is greater than I had at the beginning of the month. And I do not like to trade the bitcoin directly, rather I speculate with other cryptocurrencies so that, once they increase in value at least 100%, sell them to convert them into bitcoins.

I am looking for coins in dip and buy in strong support or in bullish divergence and sell 10%-20% profit only, this is my trading strategy because it is only for short term

It all depends on the specific situation. There is a time and coins on which you can earn only 5%, and there is time and coins on which you can earn 70%. Therefore, there are no universal calculations. The basic rule that I follow is to buy cheaper to sell more expensive.
Crypto currency I sell the way it is most profitable. For example, sometimes bitcoin is profitable to sell to USD, and sometimes to USDT. There are also situations when it is more profitable to sell bitcoin to altcoins, and later sell altcoins for bitcoin and get excellent profits at the same time.

I look for coins that are worth less than ICOs and buy in, I also study very carefully before deciding to invest. I believe that the market is recovering and this is a very good opportunity for investors to choose for themselves good coins with cheap price as today.

Withdraw my funds into fiat money or depends  of my needs sometimes i use it to pay derictly into bills payment using online transactions.

In terms of trading my strategy i use bitcoin to buy altcoins and resell altcoins into bitcoin conversion again and this is a vice versa strategy, i didn't use usdt for my trading job it's because i feel safe using bitcoin into altcoins.

I don't set rules for it but I rather set goals. Once I have invested something I'll make sure to sell it when the prices are high. Knowledge about the right time of selling and buying is always an edge and an advantage.

I prefer shorter term traders and low percentage price change
in other words scalping trading method. I would sell if price pumps
+3%.

My rules are pretty straightforward. In Trading, there must not be signs of greediness. Once I notice my trades are on profit, I take away my profit and wait for the dip. This is something I do regularly and from time to time

there are no specific rules that I do to make a profit, usually if I want to withdraw funds, first look at the financial situation
depending on the situation of the financial condition that I have, if there really is a very urgent need usually first I can convert the coins I have into local currency available on the exchange market exchange to make it easier to withdraw the money that has been converted to the account that I have.

Even you may have to set rules but the thing is you dont have any disciplne for your self on there is no sense of t , setting some goals are really important too yet you may also have to learn by your self how are you able to be disciplnary person.

I prefer to hold because I think it is quite safe and I don’t have much time. Everyone has different rules or strategies for profit taking. My risk taking abilities are not good so I often end up liquidating my investments after a considerable increase in the price because if fear that the price might start falling. So its better to have something than losing, although many times the price doubled and even tripled.

I don't have clear and stable rules to make a profit. It depends on the situation and the market situation.
But most of me usually sell when I get 5-15% profit and cut loss if it loses more than 15%. This market is always profitable if you invest in time. So don't hesitate to cut losses when you lose more than 15%

in trading, perhaps the most important rule is that we have to know the right time to buy and sell, which is to buy at a low price then hold and sell when the price is high, then we will get profit

were on the same boat mate because im also scared to do trade and risk what i already have . instead id rather stay on my comfort zone (which is hodling)  .  i guess that is the number one rule that i always follow .


yes i agree .  that is also the most popular rule that everyone is following when it come to trading and investing . however in some rare cases , there are people who still buy even the value of the coin is not low and they ended up selling it for a low price due to panicking . so it result for huge looses .

Now the market is moving towards stockpiling. more precisely in the long-term forward-looking profit. I buy ether, waves, neo, ripple, helbiz. These are the princes that I believe will rise in the future. If the market gets a little moving, what I'm saying is going to be black.

I rely on two main criteria - levels and math. When I rely on levels, I look at the levels that price may gain on different timeframes. As for math, I calculate 2R, 3R etc meaning my risk level is multiplied by 2 or more.

I have a tendency to preserve a varied method. i am a short term dealer as well as long term hodler. I studies substantially in low cap but capacity coins and make investment in them for long time. Such tokens are worst hit at some point of a sell off and are exceptional to build up in every sell off. i'm going short term with massive and mid cap cash. till the marketplace suggests and huge sign of recovery from the bear segment, i can maintain to play shorts with huge and mid cap.

Very interesting way, I think.

thank you for nice advice.i have loss many due to  being greedy,now i have learn hard way it's okay to take profits and anyone who tells you that it isn't either has made enough good trades to not have to worry or they're naive and will end up losing in the long-run.

Take 50% off after the logical target has been hit and i see bearish divergence of the indicators/candles. See how the trade is gonna continue after couple hours and either sell the rest & go short or let the trade continue climbing while staying long with 50% of my initial capital.

Repeat the steps at next resistance.

Almost similar with me, though I go with trend lines

going profits with initial confirmation as target

dividing it into 2 setting with my risk or cuts

if I have a clear trends with risk I doubled it with profits

setting target as 1:2 ratio as possible

Always apply the simple rules that we have learned in our first class that subtract your cost price from the selling price will result in profit and you can also get in as percentage gain as well. Now the tough job is to make profit that is possible only if you are enriched with the great knowledge that an economist and trader or investor has so it has been much easy for them to make profit.

For now i try first to compound my profit while waiting for bull market,  use compound in this situation that all price of crypto in the bottom is less risk and will give more potential profit. After bull market passed, i will withdraw all of them and put in others asset.

I have a rule that I will sell soon when I get a profit even if it's only a little and I will exchange it for cash if I need money, the rest I use to buy coins again and hope to get more profit

In the rules of trading you have the path to make your money increase but it's also depends how you will start taking profit for you strategies in trading.

I am a long term investor, so I will hold all my coins and will only sell them when the portfolio increases by at least two times

I always exchange my cryptocurrency on the right time, if you want to earn more profit in the market then you need to endure the pressure just like what is happening right now and wait for the price to grow again

I am into rolling since my capital in trading ever since came from my excess income and the payments I’ve got from joining signature campaign,though i reserve some amounts as fiat so incase of emergency i have something to withdraw or when the dip happens i have amount to purchase another sets of coins,thts how i manage my profit,i dont know if someone do the same as mine but I believe that this is how we trust this market as cryptonians

I have been wondering how you've been using this tactic lately. The price in the market has not increased in recent months. Also, it is not always possible to find the ''perfect time''. Because no one can say anything about what will happen after 1 hour.

One simple rule I always follow and every one should follow it to a certain extent is so long as I make at least 5% profit which is the best rate above any types of bank accounts then I'm happy. Even simpler, minimise loss and maximise profit.

Well i think we need to habe a capital its either money or effort, we needbti habe more patience for good. O believe that if we want to earn a huge amount of profit we need to be patience on doing such profitable thing in crypto because crypto is really unstable.

I am also in the same strategy too.Since the market is really in dump this past few months,so i never sell my coins that i have been holding for a long time.Maybe i had sold a fraction of them when i was badly needing money but the rest are still left for holding purposes.I know they will surely grow in time.

My trading strategy is use mbtc to buy altcoins and i resell altcoin again inti mbtc if you asking for my trading exchange work. Thne if you asking where i convert my coins if need to use it in my personal needed i convert it unto fiat herein my localtion where i resides.

Some days it just takes courage to take the profit. You can always invest back in when the time is right. Patience! Accumulated % of profits. If in for the long term ....don't look at the markets everyday as that will just absorb valuable energy and focus.

Right now I prefer to fix profit or lose according to technical analysis and technical indicators. Also I use William Gann's methods to define goals (take profit levels) and set stop loss to minimize my risks. Now I often fix my trade when the price get about 15-20% profit.

All I can suggest is that Nobody has ever lost money from taking profits. But if you are in it for the long haul there is no point in watching the markets. You should believe in your own judgment of your investment.

Take profit when we think that project will took more years before it will pump. Better use in some projects that have more growth. Buy back is possible anyway but if you think that coin will never less in value again better hold it.

I think that 20% will not be, as the USDT project is not designed for such promotions. it is excluded

I agree. I think holding is a good strategy to (1) check what's happening around the market, (2) decide when it's actually a good time to sell out for profit, and (3) achieve the profit margin you're eyeing. However, I think that you have to vary your strategy to how the market is doing with consideration on the asset that you're doing business with. I mean, if you would try to set a very high profit margin while the market is down, then it would take you a very long time to realize that, you have to also accept that there are some adjustments that you need to do because getting little profit is always better than getting no profit at all.

Yes.Just wait for the perfect time.Do not keep on monitoring the market because it will only make you depressed in the end.I make good profit bt buying low and sell high strategy,but the market right now is really down so i should be more patient to wait for a good price increase to sell my coins.

The theory is very easy to say but making it very difficult. The most important thing in this strategy is to choose good altcoin to invest. If you make a mistake, all plans will go in the wrong direction. but no altcoin can be increased up to 50% in a short time, which is very rare. You should aim low profits again.

of course strategy will be different for each person, but in my opinion the important thing is that we have to secure investment funds, by withdrawing some of planned targets. so that psychology will remain stable

After a 50% increase and there is every chance that there is going to be a dip, I will sell everything and wait for it to drop to that very low amount, then I will come back for a cheaper price with about 20% or so of the money I have before (the percentage I choose depends on how much I have).

Also I just found out that many started going for TUSD instead of USDT… So I might stop making use of USDT. You can research both online and see the difference.

I also believed that timing should be perfect whatever the sentiments of the market is(bearish/bullish). Time=money as I have been telling others. So from time to time you have to check the price and it you see that you're making a good ROI then its time to get out and cash everything and look for the next successful (shit)coins.

Of course for my personal. If I think it's good for sale, I see luck, I'll sell it. The best rule for guidance is to sell coins when the price is high.

But, I usually just leave a certain amount behind and just cash out when the amount seems big enough for me. The amount changes for everyone, 1000 dollars would be huge for me whereas it could be very little for you but the idea stays the same for everyone. If you are investing into something with money you deem fit and the price gets too high than you should sell.

I also try to trade 5% system as well where you buy something and than when it goes up 5% you sell it, I even put a sell order just in case if I am not there when it hits. I have missed a lot of much more profits this way but I also rarely lost money while trading.

Making profit through trading is not easy because it has some rules and procedure that you must have to focus on for you want to make profit. Once you are done by getting knowledge of trading then you will find ways towards profit easily because it is all your knowledge which is helping you out in getting it. Buy coins on low price as it will consume low starting amount and later on after selling it you will have maximum profit.