How Do You Secure Your profits?

[bhabygrim]

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.

[1715111744]

1715111744

[sotoshihero]

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.

I  have  my ledger Nano too, to store my profits,that way i know its very secure. All profits ranging from .05 to .1 BTC is being withdrawn if they are in that range and leave only the capital. So far, it  works for me.

[KingdomHearts]

I usually have a goal price in my mind. When my coin gets there I sell. Then I'll keep whatever I get, and usually wait until the next big thing to invest again, or sometimes withdraw to the real world if I have an urgent need.

I secure my profit by simply selling and buy bitcoin at the rightmost time and this give me expert level guessing capability and its often that my guess are absolutely right and I and thankful to the friend who told me about bitcoin and now I am the richest person in my community and all this credit goes to the bitcoin and i believed in bitcoin and it really deserve that and still it giving me a lot and now I am buying more.

[ongels]

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

Profits are the best rewards after all my efforts exerted in trading business, It is quite risky because you put your capital in a thing without assurance of earning good amount or maybe lose your money. But in my case i prefer to withdraw afterwards as long you gain from it. And put my money to highly secured storage. (Bank)

[white.raiden]

To secure my profit i will 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. So make investment in many kind of asset will minimize the risk.

[alkhie01]

Once you are a crypto investor you should always to set you exit profit.Don't be so greedy in having a lot of profits, if you think that its fine with you so sell it and never look back when the price go higher.You may do some buyback but always save your profits or cash it out.

[Svelto]

When I want to secure my profit, I usually convert to USDT, ETH and BTC depending on market situation. I won’t convert to fiat due to the higher transaction fees.

[bitsticker]

if i am in the coin and target return is close, i split it in 3-4 parts and sell as it approach the target. if smth red happens - exit to fiat. do nothing speacial i believe

[metalglowd]

usually i secure my profits just deposit from the famous exchanger like Bittrex, Poloniex and others to the exchangers that have FIAT currencies
or just to send it to Blockchain wallet (i think this is the best part because we have own our private keys)

[rxthree]

when I feel there's a chance that coins will drop. To secure my profit i will 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

[rhodelmabanal]

Well, it's simple for me I will keep my cryptocurrency in my digital wallet and my fiat will be in my pockets. However if somehow they will get a few charges it won't be a problem for me.  That's why I see legit wallet to trust in my profits like Coins.ph and HitBTC.

[khayecee13]

When investing it is important to protect your capital and your profits, this can be done by locking in your profits.
For example, if you bought 100 shares of ABC Company for 12 Php and the price went up to 36 Php then two days later all potential profits are unrealized because the position isn't partially or fully closed. You can lock in the profits by selling 50 shares because 50 x 36 = 1,800. If the stock drops to 1, you will have still made a profit.

[carlisle1]

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

Well, for me to secure my profits from crypto i divide it into two were half of it i converted into fiat and put it in a bank or indulged in passive business the rest is remain in wallet address for us to invest in coming months or days in potential ICO. Since a lot of ICO are slowly increasing it's value.

i never uses banks as a secure place for my funds,what im doing is investing half of my profit in trading to offline business,i have stablished one.and planing to invest another such as computer shop,tha where my earning goes.the other half remains as holding.and my salary for campaign signature is what im using as capital for my trading.

[Tungsten-1]

when I feel there's a chance that coins will drop. To secure my profit i will 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

Securing of your profit is far more important thing than that of earning of profit. If you will not take good care of the profit which you managed to earn somehow, then all your efforts will go in vain. You need to be very much vigilant at the time of deciding this kind of thing. I take out half of the money which I get in the form of profit in order to meet my basic needs and remaining amount, I put it back as my investment in order to have greater profit.

[fiomcorka]

To secure my profit i will 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. So make investment in many kind of asset will minimize the risk.

Your technique is best to make money from the crypto and mine one is bit different I invests large amount at the same time and as the prices starts to rise I keep on cashing out smaller portions of my investment with high profit values and this techniques is giving me maximum profit and I am very glad that my friend told me this techniques now I am away from the worries about bearing expenses bitcoin is helping me a lot.

[deppil]

To secure my profit i will cash out some of my profit every month from crypto for daily needed and also to make investment in others asset like gold and house 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. So make investment in many kind of asset will minimize the risk.

That is good idea, withdrawing profit is on of the best ways to secured our profits in the future, therefore using multiple wallet is also a good idea to protect our profits from the intruders and hackers. In my sight all people have a different opinion in terms of securing accounts and income that's why we need to respect it. For now securing of accounts are depending to us because anytime there's a possibility to hack our account.

Im not too focused on hacking issues because my bitcoin can be store in a safe place with high security and myself have never experienced theft, my focus is on securing profits so that the profits are not lost or gone, (lost in the sense of being used for risky investments and then losses, or lost for being used for spree) do you ever felt that you've been long time in this business and you think you've gotten a lot of money but after calculating, your bitcoin amount does not vary much different with your capital before? then where is our profit? sometimes i experience it, I was thinking how to secure our profit? right now I'm share between profits and capital in different wallets maybe it will help, or you're right with cashout on the profits that you get, it will secure the profit.

[blue_nexus15]

When investing it is important to protect your capital and your profits, this can be done by locking in your profits.
For example, if you bought 100 shares of ABC Company for 12 Php and the price went up to 36 Php then two days later all potential profits are unrealized because the position isn't partially or fully closed. You can lock in the profits by selling 50 shares because 50 x 36 = 1,800. If the stock drops to 1, you will have still made a profit.

To be profitable, it is necessary to have a strategy to sell when the profit target is achieved. Do not be too greedy as the market is volatile so at any time your assets can be affected. Set a goal for each of your trade and to achieve that goal, you should set yourself discipline. That is how you can keep your profits in this market.

[logicgate]

when I feel there's a chance that coins will drop. To secure my profit i will 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

Quite smart you are! This is inevitable that everything in this world is mortal and is going to end one fine day. Same is the case with digital currencies rather the volatile nature of cryptocurrencies is very much obvious and strong. They increase and decrease in values within seconds so for being on the safe side, it is good strategy to withdraw some profit monthly or with a gap of one month. What I really do is that I keep holding bitcoin but withdrawing altcoins.

[qiwoman2]

I am not a very good day trader. I primarily hold for long term and just take out what I need for living expenses, then will set certain targets to take some more profits out as my long term positions materialize to the goals I have set for them. This can be both very risky and very rewarding, but if two of my long term holdings succeed and reach the minimum target I have for them, I will be very relaxed in the future. Both my long term coins are also revenue generating holdings.

[Cherylstar86]

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.