What are your rules for profit taking

[Sinecoin]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I think the principle of taking out money after a certain percent gain is a very good idea.  Unfortunately, i did not follow this principle before the last crash and i ended up down more than 50% from my peak.  If i were to hold i would have increased my ethereum stack by nearly 5x which would have left me in a much better position than i am now.

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[1020kingz]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I withdraw my funds if there is an emergency that needed immediate money, aside from that nothing more. I don’t sell into fiat, because your capital will be totally stuck up. My idea is buy bitcoin and use this bitcoin to buy some potential alts so that when you sell your alts in 100% increased your profit will be cash out into bitcoin, hence your bitcoin hold increase. That is only my idea.

[FrueGreads]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I actually think that focusing on a profit taking figure might be a mistake. I think it's very important to have an exit loss option, but you don't really need a profit target. If the conditions are favorable then you should just let the trade ride, without being greedy. In my opinion, with time and experience you will start exiting when you feel comfortable in doing so.

That is my opinion for trades. From your question I assume you were actually talking about profit taking from your bankroll, and not a single trade. I think this depends on what you are trying to achieve as well. If you don't want to increase your bankroll, then you could remove anything that is above the bankroll you normally use. I use that strategy for poker and sports betting, and it works well for me. If you want to increase your bankroll, then I guess you should not withdraw anything, and just keep letting it grow.

[krauzzer02]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

If the project will turn out to be useless then I will convert all my funds into fiat, its futile to wait to a specific coin without any assurance that the coins or token will bring any real usages and solutions to our current problems to the cryptocurrency and real world, while other coins like bitcoin, ethereum and other legit cryptos are tested to have a recovery during the bear season then holding is the most profitable move to make if you are holding some of them, its hard to predict when and how the increase will last you may miss some opportunity or you may inflict some losses so be wise with your decisions to sell.

[tora]

I am holding long term on all my coins. I am not selling but looking to buy coins in top 10 that I do not have. I will then choose other coins from top twenty.

[Hamphser]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

If the project will turn out to be useless then I will convert all my funds into fiat, its futile to wait to a specific coin without any assurance that the coins or token will bring any real usages and solutions to our current problems to the cryptocurrency and real world, while other coins like bitcoin, ethereum and other legit cryptos are tested to have a recovery during the bear season then holding is the most profitable move to make if you are holding some of them, its hard to predict when and how the increase will last you may miss some opportunity or you may inflict some losses so be wise with your decisions to sell.

Does it really depend on which coins you are engaging on and not only this thing i do see as an indicator but also if you do make active tradings or scalping out percentage profits then you will really go for those who have top volumes on 24hour basis. This is really very pertaining into very active trade, if you do have the skills and capability.Then why not?
Profit taking do depend on peoples/investors preference some are going for long term and some do loves shorter ones.

[patykuprova]

I am holding long term on all my coins. I am not selling but looking to buy coins in top 10 that I do not have. I will then choose other coins from top twenty.

I think you're a lucky guy because you have some freemoney to work with or doing your plan with it not like other people.
Who has to spend their income for their daily needs and their family also, that could be a huge decrease on your profits if you stuck with those situations.

[Aprodite]

my rules of trade are not complicated. I only sell after earning more than 10% profit. And go back to find another coin to start a new trade. To earn a profit every day, I'm targeting about 40 coins to trade. and I only sell coins that have profits above 10%

[farwellbit]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I think the principle of taking out money after a certain percent gain is a very good idea.  Unfortunately, i did not follow this principle before the last crash and i ended up down more than 50% from my peak.  If i were to hold i would have increased my ethereum stack by nearly 5x which would have left me in a much better position than i am now.

For profit taking means to sell out coins and getting profit is a process follows but some conditions and after that you will get the output. The basic rule of getting profit from an investment is to know about the market price. As long as the price is decreasing the hold your coins and try to buy even more and if the market price is increasing eventually then wait for the maximum high jump so that you will get good output at the end.

[Quraline]

You're doing the right thing, it's good. When the amount increases by one hundred thousand percent, do not forget to withdraw a little in cash and buy a Lamborghini.

[Pelevelyl]

I try to withdraw a hundred dollars each week to cover my expenses. This is a good tactic, I believe.

[BaTMaN_07]

Right or wrong (probably wrong), till now I waited for second resistance zone, sometimes I sold on first resistance zone a little part. May be I should be less gridy

[Pursuer]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

whatever you do, do not trust USDT that much because its future and its price depends completely on one company that may exist today but disappear tomorrow and with it being tied to also bitfinex a simple exchange hack can turn into a disaster for this altcoin.

back to topic, what I do is that I consider bitcoin as my currency instead of fiat. this means I invest my bitcoin and I buy before the pumps and then sell on top of the peak of the pumps and that way I increase the amount of bitcoin that I have.

[--DarkSecrets--]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

It depends what trading pair i used to trade, i don't sell in usd i am in Btc with other alts. The factors or idea is the same after 20-50% increase i use to sell some portion of my holding depends in a coin if its for long term i will sell 50% only and try to buy back the half that i sold same as it goes 100% or more selling half amounts. For some coins that i didn't like i used to sell after i gain any profits and don't get back on it.

[Caladonian]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I think the principle of taking out money after a certain percent gain is a very good idea.  Unfortunately, i did not follow this principle before the last crash and i ended up down more than 50% from my peak.  If i were to hold i would have increased my ethereum stack by nearly 5x which would have left me in a much better position than i am now.

For profit taking means to sell out coins and getting profit is a process follows but some conditions and after that you will get the output. The basic rule of getting profit from an investment is to know about the market price. As long as the price is decreasing the hold your coins and try to buy even more and if the market price is increasing eventually then wait for the maximum high jump so that you will get good output at the end.

Whatever strategy you are comfortable to use might work, the principle of having your target goal and always take the advantage is better than
anything, as long as you think that you already achieving then continue though we are all aware that fluctuations really affect our target zone, better
to have more alternatives, keep buying when price is decreasing then sell when you are already satisfied and your target zone already been reached.

[frowsiter]

Hm, I am not sure about putting my investment into USDT when I have received profits from other coins. I mean I know we can just keep the dollars to the original prices and thus can keep the profits without losing dime on it. But, think about this in broad sense, you can get the money cashed out in the fiat also and still can keep the investment in the same way as you would do in USDT but more or less more safer than that. USDT is anyway crypto one and it does fluctautes by cents and affect your store value. Fiat wont. Just re-invest when the time is good for your portfolio and let go for the good future.

[chris200x9]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

whatever you do, do not trust USDT that much because its future and its price depends completely on one company that may exist today but disappear tomorrow and with it being tied to also bitfinex a simple exchange hack can turn into a disaster for this altcoin.

back to topic, what I do is that I consider bitcoin as my currency instead of fiat. this means I invest my bitcoin and I buy before the pumps and then sell on top of the peak of the pumps and that way I increase the amount of bitcoin that I have.

USDT is also one coin but the price is always stable at $1 that is why people use it to trade and hold there profit in USDT, but you are right don't put more hopes on USDT just for short time hold you can use but if you ask me i will say BTC is the best pair for trading and also it will increase your profit if you hold it for a long time.

[money_amount]

This is simple . But before you want to make a profit you have to learn to keep your greed. When you buy it at a low price and when it goes up you get profit then you should sell it. This is less profitable but it is safe.

[jagdeepjd]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

if you are saying about bitcoin to usdt trading then i would suggest if you are good at trading then only try scalping with bitcoin because bitcoin gets massively volatile at times and you may not be able to buy back after selling.
For alts i prefer converting into bitcoin after a certain amount of profit from my trades usually 10-20% for short term and long term I take out my principal amount after my investment does 3x profit.

[gamalzour]

When do you withdraw funds? Do you sell into fiat or USDT? Im thinking something like this: After a 50% increase sell 20% into USDT, repeat. Reinvest in dips. When 100% increased sell 20% into fiat

I withdraw my funds if there is an emergency that needed immediate money, aside from that nothing more. I don’t sell into fiat, because your capital will be totally stuck up. My idea is buy bitcoin and use this bitcoin to buy some potential alts so that when you sell your alts in 100% increased your profit will be cash out into bitcoin, hence your bitcoin hold increase. That is only my idea.

Rules are almost same for all the investors and by applying that rules an investor can take benefit and make profit easily. I am these days making a rule not to invest further because I have taken the advantage of the previous bears market and now going very well towards a good position. Investing at this time is also valid for me but as I have invested at low price so my all focus is on the market value to find it stable so that I can sell immediately in order to get huge returns of my investment.