Which strategy do you have for taking profits?

[@Mhaiang]

That's a good strategy of taking your profits into the next level. It's really better if you invest your profit to another crypto that is worth your money. The more diverse your portfolio will be, the better profit you will receive. It only needs proper management on your profit earned from crypto.

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[nano77]

My strategy is to get profit, of course I will buy at low prices and take the opportunity as best as possible so that I will have the opportunity to get profit when prices go up, then I will save some and some of it I use to buy again

[harbin55]

My strategy is very simple yet more effective. Buy lots of coins when its not peak season
because you can obtained a big investment from this without spending too much money and sell it when the market value is high (in just short period of time) just like trading.

[Reatim]

My strategy is very simple yet more effective. Buy lots of coins when its not peak season
because you can obtained a big investment from this without spending too much money and sell it when the market value is high (in just short period of time) just like trading.

That is if you have predicted which coins are going to increase in short period of time. Just like now, the market is in a bearish season so the price keeps going down. And also be careful of too many coins too, your portfolio might be clogged with worthless and shitcoins, just saying.

[shane]

What I do is choose 3-4 crypto projects which have future potential and buy those coins/tokens. I hold 80% of the tokens and use the remaining 20% for day trading.
Therefore 80% of my portfolio is allocated for long term profits with a considerable amount of profit margin while I get small profits with my reaming 20% from day trading.

[ubitcoin]

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

My current strategy to take profit is to trade quickly (scalping). I can't hold it too long, it's very risky. I only buy with a portion of capital and when prices rise 2% to 10% I will take that. and repeat it for several times on different coins. after the target is reached, I will pull it on the fiat wallet.

Actually, it all depends on each person's style of trading. Some are known to scalp while some are known to swing. Personally as a scalper as well, I really do not look for so much gains and all I am looking for is to get a good entry with a minimal stop loss, and then take advantage of the short movements upward.

However, since I still combine it with short and mid-term trading, I still take advantage of leaving out some of the profit, and then leaving it to make some good gains while I trade them when there is possible chance of seeing a trend change.

[MULTIK888]

The most important thing is to diversify your portfolio! Also must be at least 20% stored in Fiat money for periscope alithinou at lower levels with further sales and profit. Make yourself a portfolio of 10 tokens +20% Fiat and slowly you can gain positions for sale at resistance levels.

[lavara]

I use the strategy of investing in reliable coins in my opinion - bitcoin, aired, now XRP is good. I also apply the strategy of allocating investments in different ico projects-this can also bring good profits. The truth is now in this market a little silence. And to find a successful project is not easy. But if you try, then such a project will bear fruit for your patience 

[Getcoinsite]

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

So my question is,what about now that for sure your folio doesn’t even move even 10% ?lol thats even a joke and don’t even consider as strategy since that’s seasonal to happen.and impossible in this bearish market

I prefer to hold some coins,and daytrade th9e fast moving coins in my folio atleast once a day or every other day because i have a stable job to feed my family and pays the bills,i only do crypto profiteering for my future plans for my family

[Pattart]

My strategy is to get profit, of course I will buy at low prices and take the opportunity as best as possible so that I will have the opportunity to get profit when prices go up, then I will save some and some of it I use to buy again

but the problem is sometimes the price in the market confuses you. the rising price is not necessarily the highest price, and the declining price is not necessarily the lowest price. you might make a mistake in sell and buy, thats why the strategy is needed to allocate how much money to buy in that time and another time, just in case if not in line with expectations..

[jessica2020]

My strategy is to hold my coins and wait for a good value or profit then i will dump it. I also joined airdrops and bounties.

[andriarto]

My strategy is to hold my coins and wait for a good value or profit then i will dump it. I also joined airdrops and bounties.

for trading strategies for beginners i think it's good, but remember, it's better to hold a safe coin like btc. do not hold tokens that have just entered exchange, of course threat of a dump is very large

[bitcoinrays]

Well, when do you sell the whole volume, when will the price increase by 500%? Well, then this long wait.

You may not know when the coin has actually gotten to the peak, the best strategy at this point is to sell gradually to the top, here it means one can sell every 20% of one's holdings as the price pumps

Selling coins depend upon your number of coins that will make your decision only of you are in profit. Let's suppose the price of Bitcoin has increased and you are in profit then you should not proceed for selling all the holding coins because the value may increase more so you will have nothing for selling then if you sell all coins from now. Better you keep some for more higher selling which will give you excellent returns.

[roorgelak]

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

I try my best to use one strategy despite the fact that things do change most of the times. But if I’m in a position that that one strategy is not going to be of help, I quickly swap to another strategy which is probably going to favor me. By the way you do have a good strategy, but I will still advise you to use any strategy that will favor you at that particular moment.

[noictib]

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

Most of the people have strategy to get out the small profit and then use some amount of the profit for investment purpose like you .
In my case , I get into at the end of the month , I makes calculations and withdrawing 50% of the profit for the cash ( as a earnings to make life live easy with the fiat ) and rest of 50% get back to the investment .
In actual in the investment I usually prefer to make investment of 25% profit in real better coins and rest of 25% in those fake coins which are listed in yobit which are giving about 1% to 10% profit in one day ( usually I put investment at the dump and get out with 5-6 days stability ) .
So in this way not only I am trying to increase my portfolio but also I am increasing my earnings from investment in worst things in this field .
But when I get no profit at the end of the month , then I tried to play small gambling , to get small profit ( strange but it is working method for micro earnings for me at the end of month ) .

[carlisle1]

When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)

Well ico investments so far wasn’t in my strategy so far as most of them are scammers

But what i am doing is holding the 50% of my folios daytrading my 20% ,and reserved the 30% for possible buying again if bitcoin dumps at below $6,000 again

[Riddikulo]

My strategy is very simple yet more effective. Buy lots of coins when its not peak season
because you can obtained a big investment from this without spending too much money and sell it when the market value is high (in just short period of time) just like trading.

It is better to buy tokens when they are going to rise - the day before they start their growth. I realize that it is not very easy to find this period but if you catch it, you will have the biggest profits later.

[srcnckr]

I spent a lot of time researching and finding good coins to invest in, then I chose the time when the market fluctuated and the markets fell, I bought the coins I had studied, Then the coins will be very low so buying in at that time is very safe. I usually keep 2 to 3 months to sell my coins.

[GregH37]

My strategy is to get profit, of course I will buy at low prices and take the opportunity as best as possible so that I will have the opportunity to get profit when prices go up, then I will save some and some of it I use to buy again

but the problem is sometimes the price in the market confuses you. the rising price is not necessarily the highest price, and the declining price is not necessarily the lowest price. you might make a mistake in sell and buy, thats why the strategy is needed to allocate how much money to buy in that time and another time, just in case if not in line with expectations..

You do not have to get confused with the price of a market if you really know what you are doing as a trader. Taking profit is all based on each person's strategy and so is getting into the market.

For instance, someone like OP takes profit gradually, but for someone like me being a swing trader, I take out time to let the market develop and always treat the breakouts whichever way as a change of trend, and most of the time, believe me, it has always been pretty good. I sell when I feel it is Ok to sell and every indication shows the possibility of a trend reversal either in the short term, the midterm or the long term.

[BlueStackz]

My strategy is to hold my coins and wait for a good value or profit then i will dump it. I also joined airdrops and bounties.

That is more applicable to someone who is just doing the hold strategy. Hold until you see a huge skyrocketing in price with everyone FOMOing with market being overbought and then just zap. It is usually very interesting that way for someone who is a long term trader.

However, for someone who is a short term and midterm trader, I usually take advantage of the condition, the momentum and the trend of the market changing which is how I have always made trading decisions and I have always used that as a strategy to buy and sell over the years with stop loss in either way.