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Author Topic: How Do You Secure Your profits?  (Read 1996 times)
barbara44
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February 01, 2018, 06:40:53 AM
 #121

i dont secure my profits . i just reinvest it to make even more profit Grin
That is best approach brother. I must say if you are really implementing this in your life, you will be needing nothing for the supportive material and still you will be having a wonderful life. As the experts really insist people to invest for something.

Keeping amounts with you in banks, they are not being used as they have right to be. So give them their right and use them, reinvest in different schemes and earn profits.
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February 01, 2018, 07:41:09 AM
 #122

If you're talking about securing profits when market is green or red, then i think you're talking about securing profits when you're still having a position in trading. Mostly i did secure my profits by using technical anaylsis, its hard to securing profits in crypto trading because the market didnt have any limit for any stop loss and take profits, also some exchanger dont have any trailing stops to securing profits. So i used different supports and resistance for it. It might be time consuming because we need to pay attention at the market everyday, but its worthy then losing money  Grin Grin
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February 01, 2018, 09:21:04 AM
 #123

i dont secure my profits . i just reinvest it to make even more profit Grin
That is best approach brother. I must say if you are really implementing this in your life, you will be needing nothing for the supportive material and still you will be having a wonderful life. As the experts really insist people to invest for something.

Keeping amounts with you in banks, they are not being used as they have right to be. So give them their right and use them, reinvest in different schemes and earn profits.

Thats not completely true if you ask me. I mean investments are very risky and they could be subjected to the terms of trade. What happens if you end up loosing all the re-investtment in the first place. That would be really bad to see in front of your eyes and won't make your life wonderful. It would be loosing all the fun from the trades and investment.

Apart from this, reinvesting is like putting all the savings from your bank into the risk. Its always advisable that we should put only that much money which we are going to afford to loose. If we are not in that position then we better save most of the part and then go ahead with whatever is left.
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February 01, 2018, 04:02:44 PM
 #124

I secure my profits by setting them aside and i don't usually use them anymore because my profit is my profit and i don't want to waste it so i just set aside it to my cold storage and use my capital again for making profits again and i do the same cycle every time i got some profits from my source of income.

You are very modest. Not all of the traders are using the same strategy. They are in most cases deciding to invest all of their bankroll; capital and profit.

Problem with this smart move is, even if it is most secure, it will not grant you the opportunity to gain bigger profit. If you want to earn some significant amount of cryptos risks must be made. 99 percent of the traders had entered the market world with the desire to make the big profit but for the extra profit, risks must be made.

What will happen when your initial capital is lost?. You must pull the funds from your cold storage to compensate that capital. That moves are only prolonging your goals to success. Everyone makes their own decisions but to succeed in the crypto world risks MUST be taken.

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February 01, 2018, 04:39:36 PM
 #125

I secure my profits by setting them aside and i don't usually use them anymore because my profit is my profit and i don't want to waste it so i just set aside it to my cold storage and use my capital again for making profits again and i do the same cycle every time i got some profits from my source of income.

You are very modest. Not all of the traders are using the same strategy. They are in most cases deciding to invest all of their bankroll; capital and profit.

Problem with this smart move is, even if it is most secure, it will not grant you the opportunity to gain bigger profit. If you want to earn some significant amount of cryptos risks must be made. 99 percent of the traders had entered the market world with the desire to make the big profit but for the extra profit, risks must be made.

What will happen when your initial capital is lost?. You must pull the funds from your cold storage to compensate that capital. That moves are only prolonging your goals to success. Everyone makes their own decisions but to succeed in the crypto world risks MUST be taken.

Personally, I would also postpone my profit. As you say, when it burned out, I took out my profit from storage and replenished the deposit. And if you risk the whole deposit together with the profit, what will you replenish your deposit if you burn it?
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February 01, 2018, 07:42:31 PM
 #126

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

On my own way to secure my profit is I put it to the bank which I serve as our fundings that I can assure that is really secured. Obviously, we work in order to have money to support our daily expenses. Here in crypto currency community we can have much more profit especially during the time of increasing of coins that we have. In life on my opinion, if we want to have that kind of things we definitely going to buy it but in some reasons we need to be practical which only those things we need and not those what we want.
The fact is that you must be determined in your thoughts and in your dreams. First of all, each person chooses exactly what will be better for him, and not what he wants. Thus, it is the analysis of its activities that leads to a better and more positive outlook for the future.
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February 01, 2018, 09:31:39 PM
 #127

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

On my own way to secure my profit is I put it to the bank which I serve as our fundings that I can assure that is really secured. Obviously, we work in order to have money to support our daily expenses. Here in crypto currency community we can have much more profit especially during the time of increasing of coins that we have. In life on my opinion, if we want to have that kind of things we definitely going to buy it but in some reasons we need to be practical which only those things we need and not those what we want.
Always priority the needs rather than on wants because this is the most important things on life should really be considered always.I agree on the fact that we do work,engage into things specially in crypto to earn even more money which would really be save up mostly in banks but yet there are still people who decide to save it on crypto form. We should manage it well and be practical always with our spendings.

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February 02, 2018, 10:58:47 AM
 #128

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

On my own way to secure my profit is I put it to the bank which I serve as our fundings that I can assure that is really secured. Obviously, we work in order to have money to support our daily expenses. Here in crypto currency community we can have much more profit especially during the time of increasing of coins that we have. In life on my opinion, if we want to have that kind of things we definitely going to buy it but in some reasons we need to be practical which only those things we need and not those what we want.
Always priority the needs rather than on wants because this is the most important things on life should really be considered always.I agree on the fact that we do work,engage into things specially in crypto to earn even more money which would really be save up mostly in banks but yet there are still people who decide to save it on crypto form. We should manage it well and be practical always with our spendings.
Thats why needs and wants should be known in our minds. Securing profit have many ways also and it should be kept in a secured wallet or bank. Personally securing profits is the way i do always when i know that there will be a possibility of dump or i already earned i will withdraw some and keep it.

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KingdomHearts
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February 03, 2018, 06:23:35 AM
 #129

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down

Actually, we have our own way to secure our profits which will depends on how we gonna use it. On my part, I will withdraw it to my wallet but not all and put it to my savings account in the bank. Also, I roll my profits on some of our family business which it so demand on our society. At first, I'm trying to hold my profit because I believe it will increase soon but in some point there is a time that you really need money that's why I withdraw some part so I can easily use especially for emergency purposes.
This is often done by traders and investors that they keep withdrawing their profits time to time to avoid any serious loss. Those who are really following the strategy are real winners of the crypto market because they are never ever in stress because of the sudden dips in the prices of famous coins or the coins they are supporting. Investing into your business form your profit form crypto world is again a good move.
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February 03, 2018, 06:32:32 AM
 #130

Do you guys who secure your profits convert it to usdt?  Or convert it to actual usd in bank?
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February 03, 2018, 06:40:35 AM
 #131

i dont secure my profits . i just reinvest it to make even more profit Grin
That is best approach brother. I must say if you are really implementing this in your life, you will be needing nothing for the supportive material and still you will be having a wonderful life. As the experts really insist people to invest for something.

Keeping amounts with you in banks, they are not being used as they have right to be. So give them their right and use them, reinvest in different schemes and earn profits.
I think you have to diversify your  investment in order to survive in the market crash. Another approach is that i usually cash out some of my profit every month from crypto for daily needed and also to make investment in others asset like gold and real estate because this kind of asset more safe than crypto because low volatilitas , and i hold some potential coin in long term to make other profit
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February 03, 2018, 12:24:17 PM
 #132

The profits that I get from my trading are use to trade again but the capital that I use are already been secured and keep away.

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February 03, 2018, 12:55:19 PM
 #133

To secure your crypto value in times of huge correction you must hedge it to USDT. If there is no USDT pair with your current coin, sell your coin with Bitcoin then sell Bitcoin to USDT.

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down
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February 03, 2018, 01:02:47 PM
 #134

What I usually do is when the coins that I bought hits the price that I want and I think that the coin would still have a future, I would just trade some and get the capital that I have spent for that coin and the remaining coin would be my profit . But if I think that the coin would just go down after the pump then I would just sell all of my coin and save it in Bitcoin.
trickyriky
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February 05, 2018, 05:56:15 AM
 #135

What are all your methods? you use to secure profits from your crypto? when markets are green and you take profits with you before the market goes down
You can convert your profited amount of crypto into fiat currency or you can invest it on more stable currency like bitcoin or ethereum then your profits will grow slowly.
But for me I will continue to hold that coin until it get into red mark then I will sold all the coins then invest on other coin

I cashout regularly and convert the coins into fiat money. It helps me to avoid big losses and go on trading further.
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February 05, 2018, 08:57:06 AM
 #136

I secure my profits by setting them aside and i don't usually use them anymore because my profit is my profit and i don't want to waste it so i just set aside it to my cold storage and use my capital again for making profits again and i do the same cycle every time i got some profits from my source of income.

You are very modest. Not all of the traders are using the same strategy. They are in most cases deciding to invest all of their bankroll; capital and profit.

Problem with this smart move is, even if it is most secure, it will not grant you the opportunity to gain bigger profit. If you want to earn some significant amount of cryptos risks must be made. 99 percent of the traders had entered the market world with the desire to make the big profit but for the extra profit, risks must be made.

What will happen when your initial capital is lost?. You must pull the funds from your cold storage to compensate that capital. That moves are only prolonging your goals to success. Everyone makes their own decisions but to succeed in the crypto world risks MUST be taken.

Personally, I would also postpone my profit. As you say, when it burned out, I took out my profit from storage and replenished the deposit. And if you risk the whole deposit together with the profit, what will you replenish your deposit if you burn it?
Expert opinion comes from every side that never put your profit whole limmus in business. And as far as this world of trading is concerned, this is not a big deal. People often made this mistake and then they are doing nothing expect crying over spilt milk. We people need to get education of how to trade. We always hurry to earn money that is the reason we mostly found loss in return.

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February 05, 2018, 09:07:51 AM
 #137

For me, I make it a point to withdraw some of my trading profits into fiat and kept securely. With my ICO's, I have to withdraw my capital and what is left, I purchase bitcoin and put it in my wallet for long-term hold.

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February 06, 2018, 04:43:26 AM
 #138

For me, I make it a point to withdraw some of my trading profits into fiat and kept securely. With my ICO's, I have to withdraw my capital and what is left, I purchase bitcoin and put it in my wallet for long-term hold. Expert opinion comes from every side that never put your profit whole limmus in business. And as far as this world of trading is concerned, this is not a big deal. People often made this mistake and then they are doing nothing expect crying over spilt milk. We people need to get education of how to trade. We always hurry to earn money that is the reason we mostly found loss in return. You can convert your profited amount of crypto into fiat currency or you can invest it on more stable currency like bitcoin or ethereum then your profits will grow slowly.
What do you mean by that question? First of all, we must know that there is no definite thing in the world, including investment. But wait, do not be disappointed first because you have to listen to my explanation below. As far as I know, the most certain and profitable investment is land, house, gold and silver investments. On the other hand, frankly I do not know what caused Bitcoin's price growth and its decline. So when compared, property investment is much more certain than crypto. But you must know that, property investment can go down in price if there is an economic crisis. So the most powerful way to secure your profit is by setting a target. If that target is fulfilled, then crypto yours. If you can not profit yet, do not sell because later you can lose.
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February 06, 2018, 05:08:10 AM
 #139

There is no profit to secure right now because there are only losses! Lol. In the previous month wherein there are lots of profits, I wasn't able to secure any because I'm a long term trader. I don't care of the current prices whether there are profits and/or losses. I will sell my coins on a target date with the target price.
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February 06, 2018, 05:15:47 AM
 #140

I have never taken profits out from the crypto market. If you believe the market is going to make you increase your wealth, why not leave it where it's more profitable?
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