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Author Topic: How Do You Secure Your profits?  (Read 1996 times)
Cryptoproff
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February 06, 2018, 05:37:14 AM
 #141

I dont have big profit from btc yet, but I will cash out some of my profit every month in future.
Marrionbitcoin
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February 06, 2018, 06:15:32 AM
 #142

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

Yes, that's the normal strategy. Just buy if the price is low and sell if the price is high. You will notice the trend in the graph of Bitcoin if the price is going up or down, bullish or bearish. It is so much fun if we will understand how to read the graph and you will at least have an idea on what will happen in the price. Also, we better to read the news so that we will know what Altcoins will pump up or dump down that needs to consider so that we can make a plans from it. But for me, the best is still to just hold the Bitcoin and wait until it gives you so much income.
01asd
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February 06, 2018, 06:52:49 AM
 #143

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. 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?
That is right about what you saying, there are no profits to secure because there are only losses right now. I also have the same plan with you, because I'm also doing long-term investment. That means I also do not care about the price changes that are going on. I will only sell my Bitcoin when all my money is enough to buy a house and realize all my dreams. And to realize all of my dreams, I have to wait with a long time and collect lots of Bitcoin to invest. After all, there's really no way to secure a profit if you're a long-term investor or trader. So do not worry, take your time, and make this opportunity to collect Bitcoin as much as possible. So you can make a lot of profit when the price of Bitcoin become normal and increasing.
Jorosss
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February 06, 2018, 07:00:55 AM
 #144

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

In every trade, a 5% or 10% profit from my initial trade will be good for me. Sometimes i make a profit and sometimes i am on a losing side.Losses are part of trading so its going to happen even if you not like it. The only way to secure your profits is set a goal for your trading.
LastRolling
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February 15, 2018, 08:43:54 AM
 #145

You can secure your earnings by putting it in the electronic wallets or banks since they are the legitimate business institution that have a strong security to take care your money from all kkinds of risk that may happen.
Coinsher
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February 16, 2018, 10:29:14 AM
 #146

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,I keep my profits by converting into fiats.I would rather do this quickly in order to avoid from being hacked because I know there are so many hackers in the internet.Secondly,I will join and put up my fiats in a cooperative company so that I will gained interest on my savings.And lastly if the price of bitcoins increased again,I will reinvest a small amount of my profits to do the trading method.

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Borisb52
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February 16, 2018, 10:57:19 AM
 #147

I fix the profit, deducing in paper money. And I do it at a time when the market is booming. At such moments as now I'm just waiting. Now the correction will end and the market will start growing. And I can record my profit again.
themystick
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February 16, 2018, 11:54:00 AM
 #148

Set a goal and never let them break. If you can do this, You can't lose. But don't forget, You have to have the patience of job...     Grin Grin Grin

Haladay
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February 16, 2018, 11:56:29 AM
 #149

I fix the profit, deducing in paper money. And I do it at a time when the market is booming. At such moments as now I'm just waiting. Now the correction will end and the market will start growing. And I can record my profit again.

Making hedge is a suitable solution if you scare something bad on the market. This way, you take the control of the price of your holdings in specific hedge times. Try and learn hedging, I suggest you.
shoreno
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February 16, 2018, 12:24:33 PM
 #150

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,I keep my profits by converting into fiats.I would rather do this quickly in order to avoid from being hacked because I know there are so many hackers in the internet.Secondly,I will join and put up my fiats in a cooperative company so that I will gained interest on my savings.And lastly if the price of bitcoins increased again,I will reinvest a small amount of my profits to do the trading method.
same here i do also converting my coins quickly whenever i recieved something on my wallet and im doing this not because im scared of hackers but rather because im scared of the price fluctuation or volatility.  i know that there are so many hackers roaming around the internet but they cant just hack you if you know what your doing or if your not careless enough from what you do.

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And lastly if the price of bitcoins increased again,I will reinvest a small amount of my profits to do the trading method.
I think your method is quite odd. why do you want to invest if their value is already increasing?  You should rather invest earlier just before their value is still on a dip/dump phase in order for you to earn a huge income if ever they pump.
Heyyyrenz
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February 16, 2018, 01:20:53 PM
 #151

There's a lot of ways to secure your profits but we have different ways how are we going to secure our profits.
Below are my ways in order to secure my profit in different platforms.

1. INVESTING TO ICO
Let's say that I bought a token worth of 0.10$ after listing it to an exchange I set a price of at least 0.2$ or 0.25$ and I sell it all. In that way I will secure the profit I will earn, Even though I know that the coin/token has a potential we can't say what will happen to the next few days, right?

2. TRADING
Just the same as the #1 I set a price where in i'm going to sell it at least 5%-10% (The profit sometimes is low but this is how I secure my profit)

3. PROFIT FROM BOUNTIES
Whenever I receive profits from social media campaign, signature campaign, etc. I store it to my paper wallet or to my desktop wallet so that I will not use it to buy things i don't need. In short whenever I received profit I just store it and didn't use it to something i didn't really need.

The thing needed here to secure your profits is don't be GREEDY once you have enough profit don't hesitate to keep it, because greediness may end up losing all your profits.
GREATLOVE
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February 16, 2018, 01:26:49 PM
 #152

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
That is true if you want to secure your profit you must sell when all was green just like you have already reached your goal price where it is very effective when price was go down.
Tactical Genius
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February 16, 2018, 03:02:00 PM
 #153

I personally and simply just convert my profits into my local Fiat and then hold.Anytime I make any profit that's what I do and so when there is a dip I can buy the nowcheap Bitcoin's using my Fiat and then buy altcoins too

xwshamim
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February 16, 2018, 03:29:15 PM
 #154

whenever i make profit i cut out my profit from my balance and then keep them in my bank account or sometimes i hold btc or but some alt coins for long term which have more potential in them .this is how i secure my profits
Hirameki
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February 16, 2018, 03:41:24 PM
 #155

Basically, when I earn a profit, I save them, after i sell my coins and earn profit, i saved what i have earned and then when I buy, what i use for buying is the money that i used the last time i buy Cheesy for example i invest 50 on it and gain 70 after, i saved my 20 and put 50 back again in the investment.

Zsywt1024
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February 16, 2018, 05:33:47 PM
 #156

Always change to dollar first
But in the end all have to be bitcoin
French currency only need to maintain the daily needs And repay the debt
burong1
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February 17, 2018, 01:45:00 AM
 #157

For me I need to keep my base capital back again, then the excess will be stored as earnings and will not be included to the capital (will be added if there is a potential bullish move).
Well ,for me as a teenager we need to be practical interns of our profits . I allotted a very small amount for my savings and I will give it to my  parents for my family for the to expense for a special matter in our house. Tresh hold your capital and your profits will grow as high is it is . Be responsible and be wise in making money comes out.

chocolah29
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February 17, 2018, 02:31:04 AM
 #158

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

Whenever I'm sitting on my profit I converted some into fiat but just with what I earned and the rest I made sure that I diversified my earnings to coins that's also profitable thus soon I'll be able to put up my business. And with this I'm financially secured not in crypto world but also in the real world.

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olia10
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February 17, 2018, 02:53:05 AM
 #159

I decided to leave 30% for investment and purchase manet, and 70% for personal needs because there are no other income yet.

Genosx
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February 19, 2018, 05:26:04 PM
 #160

Based on my personal experience in order to secure our profits in trading; we need to make a better plan in trading so that we can secure and earn a lot.
We should consider that all possibilities that may happen in order to make some immediate response from it to cover all unnecessary things.
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