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Author Topic: How Do You Secure Your profits?  (Read 1996 times)
gandhe83
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May 31, 2018, 09:06:15 PM
 #301

if I am lucky I always put it into my account because if I continue to trade also does not guarantee a profit back. if I get a profit I always transfer directly to my account.
The profit you receive will be transferred directly to your account, but I recommend that you have a plan for dividing the investment to stay active in all situations. You can keep money on BTC, USDT and cash. These are 3 very necessary items so that you can buy more coins at market dropping, buy more BTC but still have cash to spend on life.
Driggers95
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May 31, 2018, 09:07:46 PM
 #302

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
The way to make sure my profit is when prices increase, I sell all the coins and change to USDT. Then I continue to wait for the price of the market to fall and I will again use USDT to buy altcoin or bitcoin

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ApocalypseNow
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June 01, 2018, 06:35:15 AM
 #303

I encash it right away to fiat. I want to make it stay to bitcoin but because of fluctuation, I can't afford to loss much of my profits. Fiat is very stable for your profits. Tether is also not an option for me because it isn't really stable.
BeGoods
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June 01, 2018, 06:45:28 AM
 #304

If the coin I am holding increase in value, I lock the profit I gain and convert it into a stable currency like usdt. When I piled up and reaches a desired amount, I convert to fiate and buy a bank investment
I think the most important thing is to understand when to sell, because you know that a lot of people are too greedy to wait too long when prices go up, even if they sell before they're already profitable, because greed just makes him miss the opportunity, the first you have to know when you should sell and second always withdraw your profits to a safe place like a bank account
CryptoLoverz
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June 01, 2018, 07:05:21 AM
 #305

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

many ways you can do for the security of the benefits you get. You can convert the amount of crypto you earn to fiat currency or you can invest it in a more stable currency such as bitcoin or ethereum if you get other coin benefits, then I think your profits will grow slowly, because I myself am convinced that eth and bitcoin will definitely be high in the time to come.
you can also continue to hold the coin until you get a red mark, then you can sell all the coins, and you can surely earn a profit. and your profits will grow.
billbear
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June 01, 2018, 11:42:08 AM
 #306

I am trying to save them in a many different wallets plus on exchange wallets plus I sometimes withdraw and put into bank account
SplendidHunter
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June 01, 2018, 11:48:54 AM
 #307

Strong passwords, many different passwords, wallets for almost every $1000 that I have, trading wallets (exchange too)
cardo
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June 01, 2018, 11:52:27 AM
 #308

I always converted all my profits to fiat when i feel that the market will turning red and invest it in my other part time business cause i need to have more part time incomes and the profit i gained in crypto is used to support my family.
jlinden
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June 01, 2018, 01:39:55 PM
 #309

I think it is better to have a set strategy of profit taking, for example take 10% profit from all your holdings if the market had a bull run.
veejay2716
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June 01, 2018, 03:44:18 PM
 #310

For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.
Mr.John19
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June 01, 2018, 03:48:55 PM
 #311

This is the principal we know before to begin on the investment on the digital currency the security of our profits. This day their trickster is everywhere generally the hacker they generally assault exchanging site or digital currency wallets. Last is the volatility. To be secure, the benefits ensure you generally visit your coins two times every day if you are a long-term financial specialist. Snatch the opportunity if your coins are expanded. Ensure the private key don't tell others generally the email. Ensure one individual from your family can get to it. So, no matter what happens to you, they can get to it.   
TheDarkRide
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June 01, 2018, 04:00:19 PM
 #312

For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.

Convert into fiat and send the money to the bank account and try not to send back to the exchanger as slong as possible is the method I use to treat my profit. It works nicely so far.
Dudeperfect
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June 01, 2018, 05:51:21 PM
 #313

As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.
Findingnemo
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June 01, 2018, 06:01:29 PM
 #314

As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.

If you are getting good profits you will be very lucky so make a hold on and it will be in a secured wallet with a lot of patience will be helpful to secure your profits.

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crisanto01
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June 01, 2018, 06:26:43 PM
 #315

For me I secure my profits through first change into fiat and then half of it I will deposit into the bank and the rest used for the needs of my family.

Convert into fiat and send the money to the bank account and try not to send back to the exchanger as slong as possible is the method I use to treat my profit. It works nicely so far.
That is right, we just need to secure our profit for our future, so I am saving for my future too, basically what I am doing is securing my profit in a bank since I cannot secure it in just bitcoin wallet, but still holding some for my future, because I know that it will really increase in value as time goes on.
Kamarah
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June 01, 2018, 09:34:32 PM
 #316

Well, whenever I have earned 50%, I will withdraw 25% of my profit. That is my way to secure my profit. And I will use that funds to invest in other places, such as gold, bitcoin or real estate which are more safer. You can follow my way if you want to.

Binmado
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June 01, 2018, 10:15:50 PM
 #317

As per the great investor Robert Kiyosaki, "You earn the profit while you are buying and not while selling most of the times". This statement applies in Crypto sector too and thus I buy some units when the price goes down and as I am considering myself as a long-term investor, I do secure my profit by buying it on lower levels as I am not going to sell my investments anytime in near future.
Yes, to be sure, profit can be said to hold the coin for a certain period of time, waiting for the price to rise to sell it for profit, but need to set a price target, set goals on time. So they can accomplish well on time and on schedule, should not hold them for too long.
Topaz72
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June 01, 2018, 11:09:05 PM
 #318

Strong passwords, many different passwords, wallets for almost every $1000 that I have, trading wallets (exchange too)
Yes we can secure our earning by putting them all into any wallet there are a lot of wallet which can be used as security for our income or profit from crypto or any else, we can use any of wallet such as electronic wallet and paper wallet, I prefer using blockchain to save your money as it is highly secure and reliable to use, you can secure your profit also by investing it further to let it grow and get more and more high.
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June 01, 2018, 11:45:07 PM
 #319

I usually secure the profit I get by letting it in exchange if there is a good chance I use it to make a profit again by taking advantage of the low price and afterwards selling it when the price is back expensive, after all I just make a withdrawal and change it to local money.

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June 02, 2018, 06:38:40 AM
 #320

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 the very starting I was using the method of the stop profit and loss by selling my assets for the dollers but now I am using small different method to increase my profit into more profit by selling my profit asset and using that money to put in that high potential coin which is at low price ( small dump ) .
So in This way I saved my profilt from the cryptourrency trading and also sometimes I move my some money to buy share vales in the share market for better profit in future to hold for long term , because like cryptourrency share market also a big fluctuations and that fluctuations are opportunities for us to make profit and loss .
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