How do you manage your profits in trading?

[jrrsparkles]

Selling your cryptocurrency on high price and buying them when the market price will  go down. This is the only way to make your trading profitable

But not everyone is going to make some kind of profits,the strategies will make us to be in high profit or less profits even in the continuous bull trend.

So what are your strategies and what you do with the profits youu made from trading? Directly cashout or keep reinvesting the profits again and again into your trading?

[izanagi narukami]

Selling your cryptocurrency on high price and buying them when the market price will  go down. This is the only way to make your trading profitable

That's for short term trading. Period.

But if you manage to maximize your profit, you can hold longer just like I did over 5 years.
Yes, it is not yeild as much as short term but it's easier and less strees isn't it 

[poodle63]

Selling your cryptocurrency on high price and buying them when the market price will  go down. This is the only way to make your trading profitable

This was discussing how to manage our profit and in my experience, the main answer will always be related to secure our profit through converting it into the various assets which were having stable value without any depreciation that caused by the volatility. Stable coin is the one but we can try to save it into the various assets too.

[BLAST2MARS]

Selling your cryptocurrency on high price and buying them when the market price will  go down. This is the only way to make your trading profitable

That's for short term trading. Period.

But if you manage to maximize your profit, you can hold longer just like I did over 5 years.
Yes, it is not yeild as much as short term but it's easier and less strees isn't it  

5 years? I'm not sure if you really hold on to those coins for so long or you just really forgot it because you have received many coins that you don't what it is anymore. I only believe on 2-3 years holding and that's the best management in your trading profits. Usually, coins only achieve their best all time high after those years and what comes after is that they go down and forgotten.

[emberbekas]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

After we sell, we can wait until the price drops to make the next trading session. But when the price continues to move up after a certain period of time, we can enter again no matter what the price is. Putting targets, profit/loss, is also advisable to.

[Moiyah]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

We have different ways on what to do with the profits we jave gained in trading. From my personal experience, my profits will be use to buy another altcoins at the dip. Or I will add some bitcoin to my wallet from the profits I got from trading. Not everytime I do that, I still spend some of it by buying some few things I need for my personal needs.

[pokeronlinestatus]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

I don't really get what you are talking about. But if you are to sell high, then why would you be buying back at that same price position since you know that the price will drop? If you buy low then you're meant to sell at a higher price and when the market drops to a lower price then you can buy back again and keep the first profit you have made. I don't see any difficult math in that it's just the same thing like when you're doing business, your main target is always about making profit and nothing else. When you're buying any product you buy at a lower price to sell at higher price and make profit. That's the same thing you should be targeting in trading as well.

[Questat]

Securing profit is easy when you can control yourself when you are satisfied with your gains. Most of the times it's the greed that's making our gains into losses. You can do trail profit, you raise your sell limit as the price climbs up.

That's necessary as it's the resemblance of your discipline as a trader, when you have a trading plan and target, you need to strictly follow it.
Always take profit as you never know what will be your future, in trading, we could fail in the long run so taking profit is providing yourself another opportunity to start again once you lose in the long run.

[fatnet]

ive coded a simple python program-manager with gui using qt5, its easy and very usable, so u can do the same thing

[BigBos]

I am not very good at trading. however, great people do it always save their profits, and do screenings on their initial capital. well, this is simple, but effective to do for those who trade. most people use profits to be used as capital to trade.

[Barbut]

I believe that smart people re-invest their profit back where they got the profit from, at least a good part of the profit. It can be trading or staking, or anything else, the bottom line is that if you get the profit from whatever you do, you have to re-invest in that and continue as long as you are getting profit. It`s a story behind every successful business, as long as you are using re-investing profit in what you do, not spend it for fun, you have a chance to make something more.

[Aivaryamal]

You understand correctly that trading involves the sale of assets at a higher price, but when the asset falls in price and looks promising, then you can buy it again and wait for growth

[Pom_bensin]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

as a trader buying at a low price and selling at a high price is normal. I see if this is the usual way, and you can try to manage your profits. what is your profit and how much is your capital, it can be calculated

[Finestream]

You understand correctly that trading involves the sale of assets at a higher price, but when the asset falls in price and looks promising, then you can buy it again and wait for growth

Exactly.While there is dips,seize the opportunity to buy more potential coins with its affordable price.It takes more patience to hold them for a long period of time and when you see the market is already gaining its growth,you can start selling your coins in its goal price you want to achieve.

[Vaskiy]

You understand correctly that trading involves the sale of assets at a higher price, but when the asset falls in price and looks promising, then you can buy it again and wait for growth

Exactly.While there is dips,seize the opportunity to buy more potential coins with its affordable price.It takes more patience to hold them for a long period of time and when you see the market is already gaining its growth,you can start selling your coins in its goal price you want to achieve.

Every dip can be used as the right time to buy, and while buying it is good to go through its previous growth history on the charts. It'll give a small understanding about its market even to the person who hasn't got much idea on trading and technical analysis. Also investment funds should be separate, one should not take away funds allocated for other needs into investing.

[rodel caling]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

To manage profits in trading always put margin for day trade job and sometimes as a trader they are some wrong or mitskes decision but we need to be brave and calm to avoid more losses. Because sometimes we can experience the trap scenario, but alway put our mind do not panic to recorrect the wrong decision.

[yvesp110]

You understand correctly that trading involves the sale of assets at a higher price, but when the asset falls in price and looks promising, then you can buy it again and wait for growth

Not only management profiting is important but you have to keep your eyes on each and every factor because all these contributing factors will work out. You will easily get your target which is your mission before getting started. I personally believe in choosing a right source which I consider best for trading with the addition of another source so as to diversify the investment amount and then start trading.

[Malamok101]

If you like to sell it high thats your profit already but if you sell it and want tk buy again its a very risk way to loss your profit somehow wait again to dump and buy some low price of it.

[strunberg]

If you like to sell it high thats your profit already but if you sell it and want tk buy again its a very risk way to loss your profit somehow wait again to dump and buy some low price of it.

buy and sell for several times will accumulate our profits in trading.best way to collect as much as profits only buy on low and sell it.and than moved to another coins or wait to rebuy this coin on the dip.don't be greedy if profits target.

[Cherylstar86]

If you like to sell it high thats your profit already but if you sell it and want tk buy again its a very risk way to loss your profit somehow wait again to dump and buy some low price of it.

 Exactly, we have to be observant every scenario to manage the possible conclusion. I actually buy at dip time and sell when the value of my holding coins are satisfying to gain massive profits. Somehow, we need to widen our patience on waiting the great breaking bull.