How often do you take profit back to fiat to lock the profit? And how much (percentage) do you take out, when/if you do?
I’ve been in the crypto space for 6 months now and haven’t done it yet, but I think I’ll lock my initial investment into fiat soon.
I took profits in December that were about three times my initial investment. I've let the rest ride.
Partly I cashed out because the price rose so fast it was clear it would fall back down. Partly because I was worried about mempools etc, this year is make or break for bitcoin, if they can't solve the scaling problem, another coin will take it's place.